Info!! Useful Trading Tools - Role Three: Unique Information

The start out 2 posts inward this serial covered volume information together with the NYSE TICK.  For our 3rd segment, we'll get got a somewhat dissimilar approach together with bear witness non precisely unique data, but also unique ways of processing information.

What nosotros know from learning inquiry is that processing information to a greater extent than times together with inward to a greater extent than varied ways leads to deeper assimilation of noesis together with greater retention.  In other words, if nosotros read something, together with therefore listen it, together with therefore hash out it, together with and therefore map it relative to other things nosotros know, we're to a greater extent than probable to brand productive purpose of the information than if nosotros precisely read it together with proceed it inward our heads.

My favorite site for processing market-related information is the Finviz site.  Suppose I wanted to stride dorsum together with bear witness which marketplace themes get got been dominant over the past times month.  I could expect at many property classes, ETFs, together with stocks to response that query or I could expect at a oestrus map display such equally the above.  In a unmarried display, nosotros encounter major ETFs grouped past times category together with color-coded past times performance.  Of course, during this past times month, nosotros tin dismiss encounter how commodities get got been the leaders.  With a unproblematic click, nosotros tin dismiss alter the frame of reference to the past times trading day, the past times week, etc.  

Their groups display provides a visualization of stock marketplace sector delineate together with weakness; at that spot are also visualizations for forex together with futures.  Other productivity tools include a stock screener together with a tidings feed that is a really effective agency to proceed on piece of employment past times of headlines from major fiscal media together with posts from pop blogs.  All of the to a higher house is free; an elite service offers existent fourth dimension quotes together with many to a greater extent than analytics.  

Now suppose that you lot are processing unique information inward unique ways through sites such equally Finviz together with and therefore using a social media platform such equally StockTwits to connect to a grouping of trusted together with respected peer traders to portion together with hash out the information.  Suddenly you lot get got multiple eyes together with ears on markets together with multiple perspectives on the information--as good equally multiple avenues for processing that information.

I get got long believed that if you lot expect at the same information equally others, inward the same agency equally others, you're probable to accomplish the same returns equally others.  Unique, superior returns ask unique, superior ways of processing market-related information.  Leveraging distinctive sites together with platforms that get got exploded amongst the ascent of social media tin dismiss live on an effective agency of moving past times the herd.

Further Reading:  Information Processing together with Trading