Understanding FinTwit

As traders, it’s taken us far too long to realise what an unbelievable resource we have at our fingertips, in the shape of Twitter. Collating a Twitter feed has been pivotal in recent years, due to the plethora of brilliant traders on Twitter who share great, relevant content every single day. More often than not, breaking news appears on Twitter before any of the major news agencies, which could be vital in lining up a trade on a news event. From a personal perspective, I clicked on a tweet many years ago from someone talking about Market Profile, and the rest is history! It’s gotten to a point now, where we each have notifications on our phones for when Donald J. Trump sends a tweet, as more often that not, it sends the markets into a tailspin!

But, FinTwit or Finance Twitter can be hard to understand for the average person who’s new to trading. With that in mind, we’ve put together a list of tags and what they’re referring to. For example, putting a ‘#’ or ‘$” before the product you’re interested in will give you a much more refined list of tweets to read. Say I want to read some sentiment around Apple’s earnings coming up? Well, I could go into the Twitter search bar and search for Apple’s stock ticker (AAPL) and use the ‘#’ or ‘$’ to get FinTwit responses – e.g. ‘$AAPL’

If you find Twitter users that you like, give them a follow and begin curating your own feed of stocks or assets that you’re interested in. We trade full assets for the most part in SG Futures, things like Equities, Bonds, Commodities etc., and use the short-hands from the exchanges to uncover high-quality tweets from other Twitter users trading these products. We’ve put together a full list below of the types of markets we trade as a collective, along with the associated #tag or $tag. This will also help you decipher some of our tweets which could seem quite cryptic to someone who’s never seen them before! We’ve also included the exchanges that we trade them on in brackets so you can go and explore them yourself if you want to learn more.

Equities
$ES – S&P 500 (CME)
$ES_F – S&P 500 Futures (CME)
$NQ – Nasdaq 100 (CME)
$NQ_F – Nasdaq 100 Futures (CME)
$YM – Dow Jones 30 (CME)
$YM_F – Dow Jones 30 Futures (CME)
$RTY – Russell 2000 (CME)
$RTY_F – Russell 2000 Futures (CME)
$FDAX – German DAX 30 (Eurex)
$FESX – Eurostoxx 50 (Eurex)

Commodities
$CL – Crude Light (U.S. Crude Oil) (CME)
$CL_F Crude Light Futures (CME)
$GC_F – Gold Futures (CME)
$HG_F – Copper Futures (CME)
$ZC_F – Corn Futures (CME)
$ZS – Soybean Futures (CME)
$KE – Wheat Futures (CME)
$LE – Live Cattle Futures (CME)
$HE – Lean Hog Futures (CME)

Currencies
$6E – Euro Futures (CME)
$6J – Japanese Yen Futures (CME)
$6B – British Pound Futures (CME)

Bonds & Rates
$FGBL – German 10-year bund (Eurex)
$FOAT – French 10-year bond (Eurex)
$FBTP – Italian 10-year bond (Eurex)
$ZN_F – U.S. 10-Year T-Note Futures (CME)

Feel free to add in comments below for any other products you trade, and we can post the associated FinTwit tag so you can it to your search. We plan on adding further articles around how to understand some of the terminology you might come across (something we cover off extensively in our course material!), so if anything comes to mind off the top of your head, leave a note in comments or drop us a mail at admin@sg-futures.com

We’ll come back in another post and recommend some Twitter users that we really admire, and get a lot of value from. In the meantime, happy trading!

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