It’s ok, I was once just like you. Pipe dreams of a stock-market fuelled adventure, investing in trade-sensations with overnight successes to make the Wolf of Wall Street seem like an amateur.
Then reality hit.
A quick Google of ‘how to invest in the stock market’ provided endless results in seemingly helpful, but vague, content, sponsored by trading platforms and opportunistic companies ready to train you to throw money into the market.
Then came the vernacular. Market cap, volume, ask size, and how on earth do you decipher that crazy graph?
Before you know it, your well-meaning endeavour has added another task to your ‘to do’ list, and it’s totally not your fault.
The stock market is tricky, and it’s designed that way. If everyone knew exactly what everything meant and when to buy or sell, the experts, brokers and profiteers of the industry wouldn’t benefit as much.
So instead of running you through some kind of course, or a stock trading game with fake money, or some bullet point advice article, here’s how any beginner, even you, can use INDX.guru free. You can get blisteringly-faster market information than 99% of the rest of the internet, and learn the market in seconds.
Step 1: Log in to your INDX.guru terminal (or get an INDX.guru account, it’s free!)
Step 2: Click the ‘search’ icon
Step 3: Click ‘show filters’, and select an industry you like
The companies you see listed are listed by their market cap, that is, how much money they have tied up in their assets and investments.
Step 4: Click on the first company you see in the list
In this example, I’ve selected ‘ARB Corporation’
Here’s what you need to know:
Price: The price shows the, err, price of the company stock you’re currently looking at. If the price is currently on an upward spike, you’ll see the Price panel turn green with an upward arrow. If it’s trending the other way, it’ll be red with a downward arrow.
Movement: This is where you’ll see just how far the price has moved in relation to the price trend.
Heat: The first ‘special sauce’ ingredient of INDX.guru. If there is any noise about the company within the last 24 hours, the heat measurement will tell you just how much there is. That means, something is going on, it might be a news article, a blog, Tweets, it might be good, it might be bad, but it’s definitely an indicator you should pay attention to.
Sentiment: Sentiment is the second indicator you’ll only find at INDX.guru. Sentiment will tell you just how positive the incoming data flow is about the company you’re following. If something good is happening, you’ll see the sentiment score skyrocket.
News Articles: Companies, especially ones listed on the stock exchange, make the news all the time, rather than continuously search for updates on multiple sources, INDX.guru collects it all for you.
Blog Articles: When bloggers write about the company, it’ll appear in the list the minute they’re publicly accessible.
Announcements: Here you’ll find official announcements about the company.
Videos: If a video is published about the company, you’ll be able to play it right from within your Terminal.
Tweets: INDX.guru collects and displays the latest Tweets about the company code (eg $BHP)
Media Tab: Here you’ll see a continuous stream of news, blogs and Tweets so you know the minute something is fed to the web.
Market Cap: The total dollar value of all outstanding shares. Computed as shares times current market price. Capitalization is a measure of corporate size.
Trailing Yield: Indicated yield represents annual dividends divided by current stock price.
Price-Earnings Ratio: Current stock price divided by trailing annual earnings per share or expected annual earnings per share. Assume XYZ Co. sells for $25.50 per share and has earned $2.55 per share this year; $25.50 = 10 times $2.55. XYZ stock sells for ten times earnings.
52 Week High/Low: The highest and lowest prices that a stock has traded at during the previous year. Many traders and investors view the 52-week high or low as an important factor in determining a stock's current value and predicting future price movement.
Beta: The measure of an asset's risk in relation to the market (for example, the S&P500) or to an alternative benchmark or factors. Roughly speaking, a security with a beta of 1.5, will have move, on average, 1.5 times the market return. [More precisely, that stock's excess return (over and above a short-term money market rate) is expected to move 1.5 times the market excess return.] According to asset pricing theory, beta represents the type of risk, systematic risk, that cannot be diversified away.
If you’d like to see the Stats definitions, click on the ‘Guru Panel’ bar to slide it away, which will expose the meaning of each element.
Great, now what?
Here’s the great part. Once you have a company you’re interested in or have an investment with, INDX.guru’s notifications will keep you updated when anything changes. That’s right, no need for constant monitoring of your Terminal. Here’s the types of notifications you can benefit from:
- Dashboard Notifications
- Google Chrome Notifications
- In-app Notifications (download INDX.guru for iPhone or Android)
- Out of app Notifications
That’s it! Now you’re ready to take action in your favourite trading platform the minute something changes with the companies you’re interested in.
Watch INDX.GURU's CCO, Yvette Le Grew chat with Sky News - Technology Behind Business about disruption in the investment space.