At one point of time, emails caught everyone’s fancy as the quickest way to get in touch with one another, but now even they have become passe. The latest fad is “blogging”! There are blogging sites concerning everything under the sun–education, shopping, entertainment, sports, employment, business, and so much more! So, why not a blog on day trading?

Let us take a look at some of the features of a blog on day trading, starting with the definition of what a “blog” actually means–

(1) The real term is “weblog”, which has been shortened to “blog”. It is similar to a blackboard with matter written on it with white chalk, for public display. In this case, the blackboard is substituted with an online message board where opinions are expressed by individuals for everyone to read.

(2) To be able to view the blogs posted on various sites, one has to sign up for memberships on each one of them. Entry into the web site is via a password.

(3) A blogging web site provides a common platform for people with similar interests to come together and share views and reviews. The topics could be anything, ranging from movie stars and characters in soap operas to strong opinions on articles published in newspapers and social issues! If it is a blog on day trading, investors and brokers can share detailed information regarding the stock market trends. There are many more people to interact with, which would not have been possible in a physical setting.

(4) The primary intention of any blogging web site is to supply a reader with necessary tools and materials for whatever reason. Of course, what has to be checked is that blogging does not become a gateway to not-so-accepted forms of communicating, such as abuse and hurt.

(5) With so many programs and tools coming up to help out bloggers (business owners and personal users), a new problem has cropped up, especially for companies. Their HR departments and internal security divisions are finding it difficult to come up with an Acceptable Usage Policy (AUP) concerning blogging.

(6) Each organization has its own AUP regarding blogging, and users will have to stay within the constraints set by the policy. This type of policy is vital where something like a blog for day trading is concerned, since so much of information is being passed around.

(7) The AUP comes into force only where technology related to peer-to-peer communication, instant messaging and email is concerned. It involves any web-based communication process. But whether the employees can actually read blogs or post blogs, is something that can be decided only by the organization employing them.

(8) Coming to a blog on day trading, companies have to be clear-cut about company policies. Employees should not be blogging without prior permission. In case they should express opinions strongly disagreeing with what is stated on another blog, it could escalate into a blogging war! The company management will then be held liable for the views expressed.

(9) That is why AUP looks after the financial and legal aspects related to day trading blogs. With screening software in place, it should be easy to find out when employees use the Internet and which sites they visit. Thus, the employees of an organization are kept away from trading blogs as well as political blogs.

(10) Web sites are set up by individuals, or even companies themselves. If the blogger is not careful about his/her comments, there is the possibility of generating a lot of bitter feelings among other users who are posting their opinions or responding to others’ comments or just reading the views expressed by bloggers in general.

(11) There are some people who love to express their opinions, and follow it up with personal identification. Those who read the blog on day trading and notice those identities, may get influenced where major decisions are concerned. What if one blogger is warning another to stay away from a particular corporate concern which is involved with day trading? This is like inviting legal problems for his/her own company, and financial ruin for the other!

(12) Despite all the drawbacks, a blog on day trading is here to stay. A site like this is an effective marketing tool, since it displays tips concerning financial advises and credit building.

Abhishek is an expert at Online Trading and he has got some great Trading Secrets up his sleeves! Download his FREE 81 Pages Ebook, “Online Stock Trading Made Easy!” from his website . Only limited Free Copies available.

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