Am I getting old? I used to be pretty clued up on stuff 'web related' - But I fail to understand how its become so big?
It's a website that allows you to store your bookmarks..............errr, thats it?? Well you can share them with others, but isn't that sort of like a crap search engine? (ok, so Google did buy it for a reported $30 million, so perhaps I'm just missing the point!!)
Anyhow, I'm sure some people find it useful.
It did get me thinking about some of my favourite URL's - mostly trading related. I thought Id share them here.
www.igindex.co.uk - A UK based spread trading company. Their platform is 'ok' and their spreads acceptable. You can't use their platform for day trading as it's pretty slow when the markets are moving fast. I've never had any problems using the platform for swing trading and if all your orders are limit you'll shouldn't experience slippage
www.futuresbetting.com - These guys have the quickest platform in the spread betting business. I have signed up for an account and tested their platform. Its delivered as a Citrix solution (so you are running the system directly on their servers) and it was quick. It wasn't the easiest platform to learn to use, but if you are day trading and need good execution speeds, guaranteed fills and small spreads, then Futuresbetting comes highly recommended.
www.equationIT.com - Probably the best trading website ever to grace the Internet.... Oh, ok, it's my website and I've not updated it for a while....but there are some useful sections, particularly the section on my trading room where I explain how I go about designing a strategy, managing risk, reporting trading activity and writing a trading plan. I'm in the process of re-thinking the direction of the website and I have a couple of ideas I'm toying with.
www.tradethemarkets.com - The guys that run TTM were instrumental in my trading development. I attended a weeks trading course with John Carter and Hubert Senters in 2006 and can say firsthand that not only are they good guy's but they make serious cash trading the global markets. Hubert is a short term trader with John focusing on swing trading. I don't follow them so much now, but I'm sure they remain as dedicated and professional as always. Visit their site and sign up for the free video newsletter.
www.finspreads.com - Another UK based spread trading company. I have an account with them and have never made any money! - Probably why I'm not so keen on them. A friend of mine works for them and doesn't paint a good picture. The platform is not bad however. I've done some simple comparisons between this platform and IG Indexes offering and both have their good points, with IMHO IG just shading it (in terms of functionality, speed etc)
http://www.inspectd.com - Look at real historic stock graphs and decide whether to buy, sell or hold. A simple but rather nifty website that could help you begin to understand stock patterns and how to trade them. Try just trading in the direction of the moving averages and see if you can make any money. My first 15 trades and I'm up $57,000 - Easy, easy easy!!!! :)
The Naked Trader - Run by a chappie called Robbie Burns (he has also written a book of the same name). He seems to know his onions and I may well one day attend his course. I particularly enjoyed the section 'escape' which explained how he created 3 separate revenues streams in an attempt to replace his salary. Interested in his 'business model' - may look to shape equationIT around this.
Thoughts from the FrontLine - Run by John Mauldin, a leading financial expert, this is a pretty hardcore website. I've signed up to his newsletter which is emailed to me weekly. His research is exceptional and his understanding of the global financial markets second to none. Some of his articles are a little heavy going, but he's commenting on a pretty heavy subject!
Traders Laboratory - Run by James Lee, this forum based website is perhaps the least bitchy of all forum based sites! There's some excellent content, specifically around Volume Spread Analysis. Beginners are welcomed at Traders Lab. The site suffers from spam from time to time which is a little worrying, but James appears to be proactively dealing with it.
Stock Chase - Just stumbled across this site and it looks pretty interesting. The site collects comments made by analysts on certain stocks. You can then form a picture of how the professionals view the markets.
US Economic calendar on Nasdaq.com. I use this to see what kind of market moving events are occurring in the coming week.
Newsmap - A really cool heatmap showing hot news topics. All very useful for getting an understanding of who's talking about what.
Elite Trader - I used to spend a fair bit of time on this site, but got so dammed pissed off with all the negativity and bitchiness on the site that I don't visit it much at all these days. If all traders are this unpleasant, I'm glad I'm doing it from the comfort of my own home. Don't waste your time posting any advice or questions on this site. If you post advice, you will be shot down, with every man and his dog questioning your credentials. If you ask for help, you'll likely find rude responses either questioning your question or suggesting that you spend hours searching the content as 'newbies AWAYS ask that question' - AVOID.
BritishBulls - A friend of mine recommended this site to me. It was created by someone he knows. The concept is pretty cool. BritishBulls uses a trading algorythm across many many UK stocks and automatically posts his recommendations. you can see how, if you had followed his recommendations what £100 invested would be today. I like the fact that this website is making money for its owners with minimum day to day effort. Great Idea.