Print publications

[mufraji]

Do you read print publications such as newspapers and magazines to make your CFDs trading decisions or do you only do research online?

[ahmed]

You can get all your information online so what's the point?

[mufraji]

If you are looking for in-depth coverage you won't find as many long articles online. Internet culture is that everything should be as brief as possible.

I like to read the WSJ in print edition.

[ahmed]

I can see your point but personally I think you can waste too much time reading which would be put to better use trading. In CFDs I think it is enough to read one or two technical and a few fundamental analysis and then just go ahead and start trading.

[mufraji]

But in any short-term trade you have to be up to the minute in your information because things can change from hour to hour.

[ahmed]

So read one of those "things to watch out for today" articles and then pay attention to those particular events. Your trading software is a better tool than any newspaper.

[mufraji]

We will have to agree to disagree. I think more knowledge gives you a better edge and that to do really well with cfds you have to devote time to research.

[ahmed]

OK I will agree to disagree

In any case I enjoyed this lively exchange and hope we can do it again on a different topic.

[SJCFDs]

My view is that print pulications are good to read on a regular basis to form your overall view of market conditions. There are many things reported in newspapers etc that do not have any real time impact on market prices - however you can follow more "top down" stories who's affect on markets arent so clear cut.

I very much doubt you would make real time (short term) trading descisions based on articles in the FT etc. But you may read sector specific news that interests you enough to go online/use charting/fundementals with that specific sector in mind.

Online stuff and specific charting/fundementals can get very "micro" focused and almost a little detached from the massive economic issues appearing in the background.

I would suggest using each form of info for various stages of trading prep.

[mufraji]

That's a good point, SJCFDs. Clearly if you are a trader you have to be aware of larger global economic events/trends. For instance, these days it is important to know about the situation in Dubai and how that is likely to affect the stock markets.