Submitted by NKY (not verified) on Wed, 05/30/2012 - 04:15.
Whether you're the manager of several hedge funds or an at-home-mom who dreams of making her millions through trading stocks, its essential to be up to date on market trends and stock prices. Many individuals receive the latest stock news through a stock market simulator, while others prefer to read it in the Wall Street Journal. Whatever method you choose, being aware of all the available resources could change the way you trade.
Stock Market Games - Also known as "Modern Day Paper Trading", stock market games allow users the opportunity to play the stock market with none of the monetary risks. While managing multiple porfolios users can participate in monthly contests to see who has the "golden touch" with trading stocks. These games often feature an expansive community and are the perfect way of learning buy, sell, and trade stocks.
Stock Monitoring Programs - There are several programs out there that tap into almost instaneously updated feeds of stock market metrics. These programs often feature ways to manage your stock portfolio while simultaneously receiving the latest news from the market. However, many choose to create their own tracking program using excel to monitor prices. A nifty yet inexpensive way to compile data that is specifically relevant to you. An easy guide to setting up your own Excel stock monitoring program is located here.
Mobile Monitoring Apps - As everything is accessible from your mobile phone, smart apps are extremely useful for checking stock prices on the fly. Here is a list of popular stock monitoring apps.
Bloomberg Mobile
Stock Guru
StockWatch
Stock TickerPicker
StockTouch
These applications are aesthetically well done, but not every trader has the same way of looking at and processing data, so download a few and see which one works best for you.
All experienced traders know that those who have the most success do so by having the most relevant and up to date data. Once that data is in your hands it's time to put it to good use and start trading!
Whether you're the manager of
Whether you're the manager of several hedge funds or an at-home-mom who dreams of making her millions through trading stocks, its essential to be up to date on market trends and stock prices. Many individuals receive the latest stock news through a stock market simulator, while others prefer to read it in the Wall Street Journal. Whatever method you choose, being aware of all the available resources could change the way you trade.
These applications are aesthetically well done, but not every trader has the same way of looking at and processing data, so download a few and see which one works best for you.
All experienced traders know that those who have the most success do so by having the most relevant and up to date data. Once that data is in your hands it's time to put it to good use and start trading!
SmartStocks