Is social media a good place for trading signals?

Yes, social media can be a great venue as a social signals provider, particularly Twitter. Or, as the young kids call it these days, FinTwit.

You just need to cut through a lot of the noise and investors trying to pump up a stock du jour.

Tiktok is NOT a great place to find investment advice or trading signals.

A lot of the people who offer advice about stocks, cryptocurrencies, and foreign exchange on Tiktok present themselves as finance gurus, despite being only 20 years old.

I have never seen investment tips on LinkedIn, Facebook, or Instagram.

You should also check out the /r/investing and /r/stocks pages on Reddit. Just steer clear of Wall Street Bets!