Dabbling in the Stock Market

Sorry I've been a little quiet the last few days, I've had a quite a bit of work on and so haven't been able to waste quite so much time playing with currency trading.

I've also been spending a little bit of time looking at trading the stock market by playing the investopedia simulator. I've joined a competition (the Q2 2006 one) and well I started doing quite well, I was up to position 373 out of 88 thousand or so, though today I took a hit and well I'm back near the bottom of the pile.

To find stocks worth purchasing (not exactly, read below) I've been looking at the signals page on barchart.com, it's a pretty cool page which runs some technical analysis indicators across all the stocks and then lists the ones that are the biggest movers. The only problem with using these signals is that you really want to get them a couple of days beforehand, generally when a stock makes it to the top it is close to the top of it's run.

I have to say that being on the other side of the world from the major American stock markets makes it rather difficult to trade them with any seriousness unless it's proper long term, as during our day the markets are closed. One of the advantages of FOREX, you can trade anytime of day (unless it's a weekend!).

I'll keep fiddling with trading pretend stocks and maybe I'll even run some of my own technical analysis indicators (I've developed a basic little program which I can use to analyse any type of chart) on the different stocks so that I can get in before the big moves. 

Related

1. Are stocks a better idea than currencies?
2. Money Management
3. Another Technical Analysis Book to Read
4. A new indicator I've found
5. Absolutely Amazing, it really really works!!!

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