Posted on 15 February 2008
This week has been an extremely slow week as I have been sick. Here are an assortment of articles for you to enjoy. Hopefully by next week I should be fighting fit and will post more.
Popularity: 2% [?]
Posted on 04 February 2008
In life as in trading it is important to maintain a clear focus. It can be extremely hard to maintain ones focus, as I am sure we have all experienced. Recently I have found my focus waning hence the need for me to re-evaluate my approach not just to trading but to everyday life also. Here are five tips that will help you regain focus.
Audit what you spend your time on
Before investigating where you want to be it is important to know where you are. An easy way to start this process is to audit your time. By writing down what you currently spend your time doing will help you determine areas of inefficiency and give you a good starting point for change. To jump start this process I have attached a spreadsheet that I use to audit where I spend my time, it is broken down in hourly blocks.
This is a very important step in regaining focus. After doing this I have found several areas of inefficiency that I will be addressing. This process allows you to identify time sinks, or tasks that suck up large portions of your time. By focusing on fewer tasks clarity and focus of the reaming tasks is much simpler.
Zen to Done
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Popularity: 3% [?]
Posted on 01 February 2008
January has come and gone with rapid pace and world markets have seen downturns and US recession is being talked about in nearly every media article. Unless you have studied Macroeconomics you may not know how a recession is defined quantitatively.
A recession is defined as negative real Gross Domestic Product (GDP) growth for two successive quarters.
Now that we have that out of the way with lets get onto our list of weekend reading. Time to sit back grab a cup of coffee and look through some articles that are of interest to all of the finance geeks out there. This weeks list will be a bit longer then usual.
Weekend Reading Articles Read the full story
Popularity: 2% [?]
Posted on 31 January 2008
Well it has been a busy week working on the new layout for the web site and I still have a bit more work to do. I apologize to anyone who tried to access the page in the previous 12 hours however there were still some minor issues that prevented me from going live. The site is running again as you can tell if you are reading this, however there are still some issues that need to be ironed out. If you notice any issues please do not hesitate in letting me know.
The Theme
The theme is designed by Quommunication with some slight modification done on my part. The new theme is a lot more readable with a large font size and a clear layout. It also provides space for advertising and the content is structured far more logically. A screen shot of the current theme is shown below for the people reading this article in their email or a feed reader:
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Popularity: 2% [?]
Posted in Blog
Posted on 04 January 2008
Well the first week of the New Year drawing to an end it is time for some light weekend reading. The start of the year has seen oil crack the US$100 mark if but briefly. Nearly every media outlet in Australia jumped on the band wagon spreading fear that the price increase for the February delivery light sweet crude contracts would continue unabated. Here are some of the headlines:
“Oil price surge signals financial pain”
“Fears petrol could hit $1.50 [per litre in Australia]”
“Oil price hike sign of things to come”
“Asian shares down after oil hits $100″
“Record oil price deepens US woes”
It is amazing the psychological effect the passing of the US$100 mark has had, it will be interesting to see if all the hype is warranted. The chart below shows the passing of the US$100 mark for the February delivery light sweet crude contracts. Read the full story
Popularity: 20% [?]
Posted on 01 January 2008
Wishing all my readers a Happy and prosperous 2008. The year ahead looks promising and now is a great time for us all to focus on our goals both financial and personal for the year ahead.
What’s in store for Trainee Trader in the New Year?
This year we are hard at work on a new theme that will make website navigation much more simple and provide more user-friendly experience.
Target Date: Mid February.
Back to basics series of articles, this series will focus on some of the basic concepts needed to have an in depth understanding of financial markets. This will allow me to talk about more complex issues in the future without confusing newer readers. It will also serve as a bit of a refresher for you hardened finance veterans.
Target Date: January onwards.
Building a trading system with Excel articles, this series will focus on using Microsoft Excel as a trading platform. It will start covering the basics and move on to more advanced issues by the end of the series you will have a solid understanding of the requirements of a trading system as well as practical skills using Microsoft Excel.
Target Date: Mid January onwards.
Your Story, this will be a series of posts profiling you the reader it will give others an insight into your journey in life. I am really excited about this series as one thing that I have found since starting this site is reading emails from my readers and there comments and thoughts, has given me great insight into trading and the world at large. To achieve this I will be putting the call out to you the reader and anyone else who would like to share their trading journey and be featured on TraineeTrader.com. If you are intrested please send me an email to: editor at traineetrader.com.
Target Date: ASAP
More Trading book reviews, books I can’t get enough books. I find a great way to gain insight is through reading. So if you are a publisher / author and have any books you would like reviewed I would love to hear from you. Also if you have read any good trading books lately that you think should be reviewed let me know.
Target Date: Ongoing
These are the key goals for TraineeTrader.com over the next year. I will also be discussing general finance issues and look at building the Trainee Trader community. Once again have a great New Year and I look forward to hearing from my readers in 2008.
Popularity: 7% [?]
