Trading the stockmarket (NO Referrals)
- Thread starter mcast123
- Start date
Thanks for the info silver surfer but I'm an investor not a trader. I believe in this company and however risky I've staked my future on it. I'm in until the endgame, for better or worse.
Soldato
- Joined
- 21 Apr 2007
- Posts
- 6,590
completely new to this thread decided to google that, -65% I was like ooooffff
Edit: ALso what kind of capital would you need to start getting into investing? I'd like to start small as possible really to just have fun with it and learn. Also what websites do you guys use / recommend
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Soldato
My "portfolio" at the moment. The % change isn't since I bought, or I'd be a bit sad. I'm -1.76% down total over all investments but I bought RR quite expensively. Meh. Long game.
Soldato
- Joined
- 1 Oct 2006
- Posts
- 13,896
Ouch VOG have dropped a bit since I last looked at them, they were once one of my staples. Then again so were MTA... (BOOOOOOOO!)
Soldato
In fact, I lie. I don't have VOG, I just have them on watch as they have dropped so much. I also don't have Glencore, but watching as the news about their Xstrata bids.
every few pages someone asks that same question in this thread... its a bit too general/open ended to answer properly other than 'it depends'
what are you actually looking for - a website with information/news? a price feed? a broker? are you looking to invest in equities? are you looking to actively trade? spread bet? trade FX? options? futures? etc....
this might help if you're a bit of a n00b and want to know the basics:
http://www.amazon.co.uk/Guide-Using-Financial-Pages-Guides/dp/0273727877
this book is a good read in general if you're new to it - its not a guide or anything but its very much worth a read
http://www.amazon.co.uk/Reminiscences-Stock-Operator-Marketplace-Book/dp/0471059706
www.bloomberg.com has decent news articles
http://uk.finance.yahoo.com/ has a lot of end of day prices/news stories relating to specific stocks
www.interactivebrokers.com isn't too bad as a general all round brokerage
As far as trading is concerned personally I'd not bother with spread betting - its a bit of a rip off in general, if you want to actively trade then look at futures, options, US Equities and do a lot of research first... in particular look at more market/delta neutral strategies - don't just take naked punts using technical analysis under the delusion that you can predict the future - you most likely can't, though plenty of people try.
If you're interested in longer term investing then get a few books on value investing - avoid the small cap rubbish people are taking blind punts on in this thread.
The only answer is what you can afford to lose, and I mean lose.....all of it
But its also about how much you want to gain and how quickly, recently id rather risk more savings due to the dire interest rates, my money is doing nothing in savings accounts or cash ISAs so for me its worth a little more risk to invest
Look at CNR the past few weeks 100%+ up, FOGL today 40% down at times, and you may have to wait some time to see that get back
Id see little point in going into anything with less than £1000, but that also depends on if you want straight up shares, build up a shares ISA or SIP
If it was easy to get rich everyone would do it
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Soldato
Reading this thread might be a good start. I think the art of skimming counts for a lot, a bit like google foo you cant be expected to know it all but someone out there probably does
spread bets are a rip off percentage wise, its most expensive. 10k is a small share purchase, 1000 is tiny and less is where you might realise percentage based costs are cheapest after all rather then a rip off.
I dont like to hear people putting everything into one share (I posted about a ex Lloyds bank staff investor on this thread who mortgaged his house for 1 share) though if its value is written off to zero thats realistic enough.
With taking a few shares its easy to deal quite small amounts hence I like the very flexible brokers. I always say to read Robbie Burns
Aim shares are most risky but also most growth based. Its hard some say impossible to judge. Hence AIM is labelled casino stocks by rival exchanges. UK has some of the most lenient laws in the world to investors which is a plus imo
BP was 129p in 1988 and Tullow oil was 14p
BP is now 437 and Tullow is 1386
Questor on BP
VGM up 20% today again. Filled the gap with Chinese investors, might rest here
spread bets are a rip off percentage wise, its most expensive. 10k is a small share purchase, 1000 is tiny and less is where you might realise percentage based costs are cheapest after all rather then a rip off.
I dont like to hear people putting everything into one share (I posted about a ex Lloyds bank staff investor on this thread who mortgaged his house for 1 share) though if its value is written off to zero thats realistic enough.
With taking a few shares its easy to deal quite small amounts hence I like the very flexible brokers. I always say to read Robbie Burns
Aim shares are most risky but also most growth based. Its hard some say impossible to judge. Hence AIM is labelled casino stocks by rival exchanges. UK has some of the most lenient laws in the world to investors which is a plus imo
BP was 129p in 1988 and Tullow oil was 14p
BP is now 437 and Tullow is 1386
Questor on BP
Iam an investor, I just trade the extremes most of the time and in the minority. I'd call this the lottery ticket approach though, if you dont need the money its not for me to say how much risk someone should take as CNR could do great. What usually happens is we go up and down a lot first. Brian shannon is an excellent trader been going 20 years always talks about risk management and I'd read his approach or anyone similar
VGM up 20% today again. Filled the gap with Chinese investors, might rest here
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Associate
I read at the weekend that tomorrow (Wednesday) will see the update to the FTSE100 and 250 - does anyone know where online this will be published, and also the best way to find out which shares are likely to be promoted/demoted before the announcement is made?
Thanks
Thanks
Soldato
Its roughly done by size. VED is about the smallest in the big stocks. Here is a list, they decide the final cut as obviously price changes daily. POG was at one time a contender but lost to AGK in late '09 now look how far down they are
http://www.stockchallenge.co.uk/ftse.php
because of all the trackers, there is some front running like how Cairn fell leading upto 7th March
Speaking of rip off betting, IGG up 7% today on less bad interim results. Yields 5%, they been doing finance bets since the seventies and benefit from wild markets hence its a great stock to have now.
Goes ex div next wed but I sold some for profits on the 'news'
All the bet shops are probably worth a look. PTEC do the software for WMH ? I prefer the one I know best, since I do use them anyway I feel no guilt a bit like the tobacco stocks - too cheap
CNR volume
http://www.stockchallenge.co.uk/ftse.php
because of all the trackers, there is some front running like how Cairn fell leading upto 7th March
Speaking of rip off betting, IGG up 7% today on less bad interim results. Yields 5%, they been doing finance bets since the seventies and benefit from wild markets hence its a great stock to have now.
Goes ex div next wed but I sold some for profits on the 'news'
All the bet shops are probably worth a look. PTEC do the software for WMH ? I prefer the one I know best, since I do use them anyway I feel no guilt a bit like the tobacco stocks - too cheap
CNR volume
Code:
Prices
Date Open High Low close Volume Adj Close*
10 Sep 2012 177.00 190.00 172.00 181.00 444,000 181.00
7 Sep 2012 178.00 200.00 165.00 171.50 811,800 171.50
6 Sep 2012 156.00 180.00 156.00 176.50 638,700 176.50
5 Sep 2012 142.35 162.20 142.35 153.00 411,300 153.00
4 Sep 2012 133.00 142.50 130.25 141.50 273,800 141.50
3 Sep 2012 130.20 134.00 128.00 132.00 201,900 132.00
31 Aug 2012 127.75 132.75 126.20 129.00 160,600 129.00
30 Aug 2012 125.00 132.13 123.10 129.00 160,000 129.00
29 Aug 2012 122.65 126.85 119.30 122.50 224,600 122.50
28 Aug 2012 113.00 115.94 110.00 113.00 84,300 113.00
27 Aug 2012 110.50 110.50 110.50 110.50 0 110.50
24 Aug 2012 110.00 113.00 110.00 110.50 79,600 110.50
23 Aug 2012 111.00 114.00 107.55 111.00 66,500 111.00
22 Aug 2012 110.15 114.00 106.55 109.50 68,600 109.50
21 Aug 2012 112.75 114.00 110.15 112.50 9,800 112.50
20 Aug 2012 115.90 116.00 111.50 114.00 64,600 114.00
17 Aug 2012 113.30 116.00 113.00 115.50 23,300 115.50
16 Aug 2012 116.20 119.40 113.00 115.50 110,400 115.50
15 Aug 2012 117.50 118.40 111.65 117.50 88,500 117.50
14 Aug 2012 118.90 121.50 117.00 119.50 32,300 119.50
13 Aug 2012 120.50 123.00 117.00 120.00 114,200 120.00
10 Aug 2012 126.00 126.00 121.00 121.50 131,700 121.50
9 Aug 2012 123.80 123.80 120.50 122.00 78,400 122.00
8 Aug 2012 120.94 125.00 118.15 123.00 92,800 123.00
7 Aug 2012 118.80 121.50 116.60 118.00 119,300 118.00
6 Aug 2012 117.90 122.00 116.00 119.50 105,700 119.50
3 Aug 2012 118.33 119.00 115.50 117.00 55,400 117.00
2 Aug 2012 118.75 119.70 116.75 118.50 104,700 118.50
1 Aug 2012 129.50 133.50 117.00 119.50 398,800 119.50
31 Jul 2012 119.50 124.60 117.50 121.50 351,300 121.50
30 Jul 2012 107.00 121.00 107.00 119.50 265,100 119.50
27 Jul 2012 111.85 111.85 107.00 107.50 48,300 107.50
26 Jul 2012 115.40 115.40 109.64 111.50 67,900 111.50
25 Jul 2012 118.50 121.50 111.25 115.00 230,900 115.00
24 Jul 2012 107.00 123.00 107.00 120.50 272,000 120.50
23 Jul 2012 106.75 117.70 106.00 108.50 244,000 108.50
20 Jul 2012 106.00 114.70 105.00 107.00 171,000 107.00
19 Jul 2012 97.70 109.40 96.50 105.00 240,700 105.00
18 Jul 2012 100.80 100.80 95.30 96.50 83,900 96.50
17 Jul 2012 94.99 102.00 94.99 99.00 163,000 99.00
16 Jul 2012 97.00 97.00 92.00 93.50 63,800 93.50
13 Jul 2012 91.00 96.90 91.00 93.50 36,900 93.50
12 Jul 2012 96.00 96.00 90.00 89.00 65,500 89.00
11 Jul 2012 96.90 103.40 94.25 95.50 159,800 95.50
10 Jul 2012 98.95 112.00 91.00 95.50 685,000 95.50
9 Jul 2012 83.00 99.00 83.00 97.50 294,800 97.50
6 Jul 2012 76.50 84.00 76.50 81.00 110,900 81.00
5 Jul 2012 75.20 78.00 73.40 76.00 62,200 76.00
4 Jul 2012 79.30 79.30 71.55 73.50 97,800 73.50
3 Jul 2012 63.00 82.00 63.00 77.50 647,500 77.50
2 Jul 2012 56.10 59.00 56.10 57.00 31,500 57.00
29 Jun 2012 54.65 58.00 54.65 57.00 48,800 57.00
28 Jun 2012 57.00 58.00 54.25 56.50 105,400 56.50
27 Jun 2012 50.40 59.00 50.40 55.75 279,100 55.75
26 Jun 2012 57.75 57.75 44.00 48.00 143,200 48.00
26 Jun 2012 1: 20 Stock Split
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Associate
Anyone here taken a punt on CHAR? Gone in at 34p/share. Guess we'll see how it pans out.
Associate
For anyone looking for a tip, I still recommend XEL. I've been following it for a long time and right now it's worth looking closely at.
Expecting a lot more from the SP.
Expecting a lot more from the SP.
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Soldato
The banks have been having a great few days! Anyone able to summarise why?
I'm holding onto a lot of BARC at £1.66
I have them at 1.86 but still doing OK considering! Took off well!
Soldato
Just got some CHAR. Will sit on them and wait.
Associate
SGP flying today
Soldato
christ, they are. They're doing well from 3 months ago!