Social media is becoming an important tool for many in the financial markets, highlighted by Bloomberg integrating Twitter feeds into Bloomberg terminals. Information, news, articles are shared almost instantly with followers, traders and investors are utilising the tool as the information is the lifeblood of the markets. Stories, opinions and events drive price changes; it is not social media that impacts price action, but the facts and rumours that are shared.
Please be aware all tweets are commentary and should not be taken as investment advice or the basis for trades. Abshire-Smith is an execution only brokerage and does not provide advice as to the merits of entering into financial transactions. Leveraged products such as margin FX and CFDs carry a substantial risk of loss to capital and are not suitable to all investors. If you are unsure if trading meets your investment requirements please contact an independent financial advisor.