The news is the most important part of any trader's day.

The more time you spend with RNSs then the more trades you'll find.

But not all RNSs are created equal.

What if there was a way to filter out the garbage and laser focus down on the news that you want to see?

Luckily, there is. Filtering and colour coding news will save you time and money.

What is the RNS?

The Regulatory News Service (RNS) is the news feed of the London Stock Exchange. It provides announcements throughout the day from 07:00 until 18:30.

All price-sensitive information goes through the RNS including company results, trading updates and contract wins, directorate changes, equity placings, and more.

You can access the RNS on free websites such as the London Stock Exchange and Investegate, however these don't offer any customisation and are purely to view each morning.

I use SharePad, which allows me to hunt for for specific words and phrases, as well as colour code RNSs depending on what they are.

To get started, we need to head to news on SharePad.

You'll then see this window with all the news unfiltered, and with lots of pointless RNSs that suck your time and add no value.

We now need to filter this and take out the trash.

Once we have the raw data, we can filter it.

Total Voting Rights? Who cares?

Net Asset Value? Boring.

Price Monitoring Extensions - do you trade auctions? If not - bye bye!

If an RNS doesn't serve a purpose, then bin it.

Click Filter at the top, and we want to then click "Apply/manage filters"..

Once you do this, you'll see this screen. Now we click "New.."

From there, we name our filter, and begin to enter RNS announcements that we don't like.

I've started with "Total" and it's come up with two suggestions. I don't want either of these, so I'll include them both.

Think carefully before you filter. But you'll notice what you don't want pretty quickly, and you can always add as you go along.

Here are the filters I've included. I'm not saying you should use these, but it should give you ideas for your own filter.

Now that we've filtered our RNS feed, we now need to colour code it.

To do this, we can click "Design" at the bottom of the RNS feed. You can find it here.

We then see this screen below.

What we need to do is enter our phrase and click the "+" button.

Note that on the right, we have "Headline" with a dropdown box. This gives us three options:

Right now, we’re colour coding headlines.

You can select the colour by clicking on the colour box.

For this example I've selected yellow to colour code headlines that feature the word "Holding" so we can instantly see all yellow RNSs are Holdings RNSs.

Again, to give you an idea, here's what I've got.

So far, we've filtered our news feed, and colour coded headlines.

Now it's time to colour code phrases.

We do the exact same as we did for headlines but only change the drop down box to "Story".

Having colour coded earnings reports and contract wins, using the coding below I can quickly see if the RNS is good or bad by quickly scanning for the words I need to find.

We only have one hour from the RNSs being released and the opening bell (50 minutes for SETS stocks until the auctions).

This hour isn't long enough to get through all the RNSs properly - but by getting an unfair advantage on the competition you now have a chance of hunting and trading the best news of the day.

The ability to colour code news is only one feature - there are plenty more that I use including alarms, alerts, custom filters.. you can try the product out free for a month here.

UK Stock Trader Pro will begin on 26th November at 6.30pm.

If you can’t make this particular date or any of the subsequent live classes - don’t worry.

They’ll all be recorded and added to the member’s community for you to catch up or recap the material.

The price for the program is going to be £989 when fully released next year. This reflects market conditions and the significant investment into the program.

However, because this is a beta version and we’ll be working together to make sure this is the best program out there, I’ve kept the price at the current £689 for this live cohort.

Members will have access to the fully released version (and all future updates) free as you have lifetime membership.

The Priority List opens tomorrow at 6.15am.

You’ll get access ahead of everyone else before it opens to the general public joining the Priority List with this survey.

And if you have any questions, hit reply!

Speak soon!
Michael