(If this is too long, just read the last couple of paragraphs)
I'm pretty new at the the whole sharemarket thing. I've been reading a bit and doing a bit of paper trading before I decide to pile in my own money. My paper trading is not doing brilliantly - I started in November 2009. Its about 6% up which in itself doesn't seem to bad, but against the index, doesn't seem that good.
The problem is that most of the 'money' is coming from only a few stocks. Those stocks I only found out about on the forum, they weren't ones that I found myself. They were mostly small/mid caps, I think, that I hadn't heard of (AQR, GRR).
Given that there are so many companies listed on the ASX, how did they manage to pick out these ones? I can't imagine they look through all the stocks manually so I assume some of them use software to sort out the ones that have had increases in SP or volume.
Once the shares are on my radar, I think I can watch them and do my own analysis (or try to) and decide whether to get them, its just getting them on my radar that I seem to have trouble with.
If software is the way to go, can someone recommend one that is simple to use and inexpensive (hopefully free) for a newbie such as myself?