Success
Just be yourself when you trade the markets... it will eventually lead you to success: Imagine, you are in the school yard again - set to impress that girl or guy you liked. You go up to them, pretending to be something you're not. You may fool them the first or second time. But in the long term, can you keep up the act? Can you keep living being someone you're not? It's the same in the stock markets. Each one of us has different financial situations and goals. You cannot take the same level of risks that I take, and I wouldn't take the same risks you would take. If you cannot be true to yourself in the markets you will find it harder to find your niche.
Is the Stock Markets Ever Against you? No, the market is never against you. Trade the markets, you trade against yourself. As a trader, do you ever get the feeling that the market is ever against you? When I trade the stock markets often, sometimes I start to personify the markets. This happens when I’ve had either a string of losses or a string or profitable trades. When almost all of my trades have been profitable - one after another you begin to feel confident. The market is your best buddy. The market is on your side. You are very confident... and are prone to mistakes. Then your string of trading losses are piling up. The market has become your worst enemy. The market is against you.
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Top 50 Public Companies Listed on the Australian Stockmarket as at 18/07/2008
- BHP Billiton
- Commonwealth Bank of Australia (CBA)
- Rio Tinto
- National Australia Bank (NAB)
- Telstra (TLS)
- News Corporation or NewsCorp (NWS)
- Westpac Banking Corporation (WBC)
- Woodside Petroleum Limited (WPL)
- ANZ
- Woolworths Limited (WOW)
- Westfield Group (WDC)
- Westfarmers Limited (WES)
- Fortescue Metals (FMG)
- CSL
- QBE Insurance
- St. George Bank Limited (SGB
- Newcrest Mining Limited (NCM
- Origin Energy Limited (ORG)
- Maquarie Group (MQG)
- AMP Limited (AMP)
- Leighton Holdings (LEI)
- Suncorp-Metway Limited (SUN)
- Brambles Limited (BXB)
- Santos Limited (STO)
- Coal & Allied (CNA)
- Incitec Pivot (IPL)
- Foster’s Group Limited (FGL)
- Orica Limited (ORI)
- BlueScope (BSL)
- AXA Asia Pacific Holdings Limited (AXA)
- Woodside Petroleum Limited (WPL)
- Insurance Australia Group Limited (IAG)
- Stockland (SGP)
- Lihir Gold Limited (LGL)
- Qantas Airways Limited (QAN)
- Oxiana Limited (OXR)
- Sims Group Limited (SGM)
- AGL Energy Limited (AGK)
- OneSteel Limited (OST)
- Transurban Group (TCL)
- Oil Search Limited (OSH)
- Coca-Cola Amatil Limited (CCL)
- Crown (CWN)
- Alumina (AWC)
- ASX (Australian Securities Exchange)
- Macquarie Infrastructure Group (MIG)
- Telecom Corporation of New Zealand (TEL)
- Computershare Limited (CPU)
- Aneka Tambang (Persero) TBK (ATM)
- Tabcorp Holdings (TAH)
