Information Overload
It's so easy to fall victim to information overload. It's happening to me at the moment. So many emails, broker recommendations, news, sales emails from those tipster firms like Fat Prophets, Australian Stock Report, intelligent investor... ARGH! get them off my back PLEASE!
ARGH! Information overload! Next I get my daily report from the Australasian Investment Review... and then a few hours later I get their weekly report. Then I also want to catch up on my reading of new trading books that I've bought as well as review those of old... So much information - so little time.
All those emails all get a 5 second overview, check to see if anything is of interest then *Delete* its gone! Everything is just skim reading now. Such a pity. Who knows what little bit of information I've missed could have made me a few more bucks... Actually scrub that last thought. Any thoughts like that and I would simply spend the whole morning thoroughly reading every email I got - killing my overall productivity.
The goal to tackling information overload is to simply CHOOSE what information you DISCERN to be likely a contributor to your END GOAL. So the moral to this story is to actually know what you are trying to accomplish as you wade through the information jungle that makes the Internet. Give anything that comes across your screen a 5 second once over - if it covers your goals - read it then and now (don't just put it aside or else you won't end up reading it at all) and if it isn't click away from it and delete the sucker.
- How to Trade Forex and Gold Options
- How to Trade the Gold Price and Profit!
- Forex Trading the EUR/USD Pair € EURO and $ US Dollar
- How to Trade Stock Market Indices S&P500
- How to Trade Crude Oil
- Forex Trading Psychology
- What Are Broker Recommendations?
- Free Tickets to Trading & Investing Seminar & Expo ($18) Brisbane 2013
- Stock Calc App
- All About Warrants
- Introduction to Exchange Traded Funds
- Introduction to Exchange Traded Funds: Features
- Introduction to Exchange Traded Funds: Domestic ETFs
- Introduction to Exchange Traded Funds: International ETFs
- Exchange Traded Commodities
- Australian Stock Scan
- Australian Online Share Trading
- List of Trading Books
- Interesting Thoughts about the Australian Dollar
- What's the Meaning of Hawkish?
- Do You Know How To Use the P/E Ratio
- Trading, Religion and Politics - Do They Have Anything in Common?
- Shares that are Volatile that Double and Half in the Short Term
- Telstra (TLS) T3
- Margin Call by E-mail
- The Cost of Holding a Position
- Lack of Disclosure: Compensation from ASX Listed Company
- Unrealistic Returns and Benchmarks
- CMC Markets Down
- Quality versus Quantity Forex Trading
- Woolworths 1H Sales $30.7bn up 3.2%
Date added 31-01-2013 - ASIC Fines CommBank's CommSec
Date added 25-09-2012 - Industry Super Network Calls to Ban High Frequency Trading (HFT)
Date added 22-09-2012 - NAB Launches Online Share Trading Platform
Date added 19-09-2012 - Reserve Bank of Australia Says 23 Countries Holding AUD
Date added 18-09-2012 - Australia Post Digital Mailbox
Date added 10-09-2012 - Winners and Losers of Trading for Week 2
Date added 16-01-2012 - 2012's First Week of the Best and Worst Traded Stocks
Date added 09-01-2012 - 2011's Last Best and Worst Traded Stocks
Date added 05-01-2012 - Best and Worst Pre-Christmas Traded Stocks
Date added 30-12-2011 - Trading Winners and Losers for Dec. 12-16
Date added 19-12-2011 - Best and Worst Traded Stocks for Dec. 5-9
Date added 13-12-2011 - Top 3 Best and Worst Traded Stocks
Date added 05-12-2011 - ASX Glitch Trading Halt
Date added 27-10-2011 - Worst Trade Stocks (and the Best)
Date added 06-08-2011
Top 150 Public Companies Listed on the Australian Stockmarket as at 29/05/2009
- BHP Billiton
- Westpac Banking Corporation (WBC)
- Commonwealth Bank of Australia (CBA)
- National Australia Bank (NAB)
- Telstra (TLS)
- ANZ
- News Corporation (NWS)
- Woolworths Limited(WOW)
- Woodside Petroleum Limited (WPL)
- Rio Tinto
- Westfield Group (WDC)
- Westfarmers Limited (WES)
- QBE Insurance
- CSL
- Newcrest Mining Limited (NCM)
- Origin Energy Limited (ORG)
- Santos Limited (STO)
- AMP Limited (AMP)
- Macquarie Group (MQG)
- Foster’s Group Limited (FGL)
Thanks for the quick reply
Submitted by David e (not verified) on 29 June, 2006 - 22:16Thanks for the quick reply Marco.
I have to say that i am new to this game. I have been cruising around the net to look at sites and training packages and there are heaps. Unfortunately because of my lack of experience I found it hard to understand your last reply. Increased leverage starting from 100:1 all the way to 400:1. As you said reading and educating is what will help me
out. Thanks Dave
Sorry about my technical
Submitted by Share Trading on 30 June, 2006 - 22:17Sorry about my technical response... But there is so much to explain... that is why this website is here. If you look at my past entries, you may find your answers.
As with leverage, 100:1 and 400:1 is a kind of multiplier. If you have $100 in your account - with a 100:1 leveraged account you would be controlling $10,000. And so if you were trading with a leverage of 400:1, just $100 will control $40,000.
Just be careful as forex trading that uses this type of leverage is very risky.