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Help for Starting out ASX

 

 
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Disclaimers
 
 

This site is designed as a guide to some of the more cost effective 

ways to start trading via the internet.

Please Select from below.

Brokers

Market Watch Links

Charting Links

Research Links

News Links

Chat Links

Educational Links

 

This is the one area that YOU must be 100% confident with.

We will not recommend a specific Broker as such but instead give you a check list that MUST be met by all prospective firms that you may wish to trade with in the future.

For ease of transfer of funds and safety levels many people trade via their Bank. 

Most major Banks offer such a service.

CHECK LIST

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 Must meet All criteria set out by ASX.  ( asx link )

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 Reliable service. Is it a stable trading platform or is it prone to drop outs ?

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 Is it LIVE data feed or delayed ?

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 Quick execution of Trades.

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 Phone Orders . Do they provide such a service  in case of internet failure or PC  breakdown. 

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 It does and Will happen !!!!

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 Alerts to mobile phones .Yes/No ?

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 Market Depth. How many levels does it contain ? The more the Better !

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 Charts. Yes/No? Some are better than others but we would recommend an independent package. ( See Charts )

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 Research. Yes/No? Do they list ALL Companies Listed on ASX ?  What data do they supply

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 Historical data center. Yes/No?

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 End of day emails ? Some provide end of day emails for your portfolio and watch lists.

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 I.P.O's.  Do they offer them ?

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 News Service ?

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 Cost to execute trade ?  This will matter a great deal if you intend to be a Heavy Trader.

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 Is it Full brokerage or Discount Brokerage ? Discount will only suit those who will be making their OWN trading decisions .

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 Updates and Feedback.  Do they regularly update their site and can you have an input via feedback service ?  Are they friendly and helpful to your requests ?

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 Margin Lending. This is for only for this type of trader . High Risk...

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 This list is only meant as a guide and ANY further questions you have should be added to the above list and put forward to your prospective Broker.

 

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Below are a list of sites that offer market information. 

Some offer FREE live data if you subscribe .

ASX  LINKS

http://stocknessmonster.com/

http://www.looksmart.com.au/money/

http://www.ozestock.com.au

http://www.sanford.com.au/

http://www.stockhouse.com.au/index.asp

http://www.tradingroom.com.au/

http://www.netquote.interpro.net.au/

 

USA MARKETS

http://www.nasdaq.com/

http://www.csfbdirect.com/

http://www.amex.com/

http://www.datek.com/

http://www.quote.com/quotecom/

http://www.bloomberg.com/

Of course there are many more and if you feel we should add more please email us your favorites.

 

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The Charting package you choose will need to reflect what type of trader you are.

Some offer live data, others end of day.

Some charge  EXTRA for data while others include data in their pricing plans.

Price range varies enormously so make sure you only pay for what you need.

You will be very disappointed if you buy the top of the range package and expect it to make 

you rich by just pushing a few buttons. 

Below are a list of links to site that offer Charting Packages for the ASX :

http://www.hooyaya.com

http://www.paritech.com.au

http://www.moneybags.com.au/

http://www.gftforex.com/( Everest )

http://www.quicken.com.au/

http://www.spcomstock.com.au ( Aspen)

http://www.chartingaustralia.com.au/

http://www.stex.com.au/

http://www.stockmarketearth.com/

http://www.money-centre.com/

http://www.spacejock.com/

http://www.sharechart.com.au

http://www.proview.com.au

www.incrediblecharts.com

www.FundManagerSoftware.com

  Fund Manager - Portfolio Management Software
Link:  http://www.beiley.com

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Fundamental research is a vital part of the equation when searching for successful trades.

The links below supply the data needed for this research.

Your broker SHOULD supply at least some basic information and if the links below are of still no help then contact the company direct. Sometimes their response to your requests may have a bearing on whether or not you invest in their company.

 For the cost of a call sometimes it's worth it.

http://www.aspectfinancial.com.au/

http://www.ozestock.com.au

http://www.egoli.com.au/

http://www.asx.com.au/

http://www.asic.gov.au/

http://www.sharesdaily.com.au/

http://www.money-centre.com/

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You will need to keep up to date with breaking news stories.

These links will help :

http://afr.com/

http://www.theage.com.au

http://www.cnn.com/

http://www.netquote.interpro.net.au/

http://w.moreover.com  *

 *( Click news portal  Search for ASX )

http://www.bloomberg.com

http://cnnfn.cnn.com

 

Plus most sites mentioned in  Market Watch will supply some form of news service.

 

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It is always good to chat with other Traders and exchange ideas and strategies.

Please DO NOT believe everything you read on these sites. 

There are some very good posters with honest intentions and then there are 

the others with not so honest intentions.

PLEASE BE CAREFUL !!!

http://www.hotcopper.com.au/

http://www.ozestock.com.au

http://www.stockhouse.com.au

http://www.ragingbull.com/

 

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     is man 

" The biggest investment a person should make in the stock market is in their  OWN EDUCATION."

You are NEVER too old or too wise to educate yourself and add weapons to your trading arsenal.

The indicator of the month section will be of great help to those you are new to T/A.

http://www.signalwatch.com/

http://www.candlecharts.com

http://www.equis.com/free/taaz/

http://www.e-analytics.com/techdir.htm

http://www.hardrightedge.com/

http://www.chartpatterns.com/

http://invest-faq.com/articles/tech-an-basics.html

http://www.shareanalysis.com/

 

If you fell we have left ANY links off the lists above or would like your site added please email us with details.

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