Shares

How to create my personal stock watch?
How to create my own stock portfolio

You are essentially asking two questions.

A personal stock watch is usually called a watchlist. You can pick stock you want to track and list them down into what they call "watchlists" that show a whole list of stocks, their bid and ask prices, volume, highs and lows and whatever else you want them to show. Your borker would usually provide this as a free service.

How do you create a stock portfolio?

I often ask myself the question - which shares are being traded the most in the ASX sharemarket? Sometimes I use the local teletext services that you can access on your TV box for this information - if you point it to page 200 you'll get the financial index. The shares with the most traded shares with the highest trade volumes (not necessarily highest net worth) that day reveal the level of liquidity of the stock as well as the most actively traded stocks. The significance of this is simply that as a trader you should be aware of what the neighbours are doing but this doesn't mean you should join in with the crowd - Just to be aware of what the market is and perhaps recognise the activity as a result of some news or market information.

The Australian Stock Exchange is considering plans to sponsor stockbroker research of small companies in an attempt to boost liquidity and compete more effectively with foreign exchanges.

The ASX has discussed a proposal with stockmarket participants under which the exchange would facilitate payments to analysts in order to produce "independent" research of smaller stocks that are not widely covered.

The Australian stockmarket is one of the most highly concentrated in the world; the biggest five stocks are responsible for more than 80 per cent of turnover.