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Trading the stockmarket (NO Referrals)

Discussion in 'General Discussion' started by mcast123, 2 Apr 2009.

  1. G-MAN2004

    Caporegime

    Joined: 4 Jul 2004

    Posts: 30,235

  2. CaptainRAVE

    Man of Honour

    Joined: 21 Nov 2004

    Posts: 37,911

  3. Rroff

    Man of Honour

    Joined: 13 Oct 2006

    Posts: 74,113

    Good money to be made if you are hands on but I got out as it was keeping me up at night.
     
  4. Casdawer

    Mobster

    Joined: 14 May 2009

    Posts: 3,887

    Location: Hampshire

    The limits/ban on purchasing GME caused me to lose all my GME shares due to my SELL limit being hit (i.e. my inital investment of £1000).

    I put it there for when/if GME fell due to mass sells or when this all came to an end but I never actually planned on triggering it and I believe that if the ban on GME was not implemented, I would still have my 14 shares and it would be around $500 (+/- $50).

    I was going to chuck the money straight back in and take a hit on 2/3 shares but due to the restrictions I couldn't get back on my original position and now for the price of 14 shares, I would only get 3/4.

    I've decided instead to chuck the £1k on AMC as I believe that can hit $50 (realistic) and maybe $100 (dream) and so my returns would most likely be better than GME.

    BUT I could be wrong and GME hits $2k/$3k per share and I'll be kicking myself but I just can't see how WSB + the others are going to do that with the blatant manipulation that's going on!
     
  5. Spleen Sauce

    Wise Guy

    Joined: 16 Jan 2005

    Posts: 1,345

    Location: UK

    Thanks everyone for the thoughts and advice.

    So I'm currently using T212's Pie feature in an ISA Invest account which I find pretty decent, I like the zero-fees and it's easy to use. I've essentially got three pies and put a set amount into them each month. I have a few investments outside of these pies, one-offs, etc. If you want to see what I've put into said pies, you can have a look here. Happy for feedback, etc. I've got a Hargreves Lansdown account from years ago and they screwed up my account that took months to sort so they left a bitter taste in the mouth. Why do you think that T212 wouldn't be any good for long-term use? I know a few people who have a few 100k in there.

    You'll see I've currently got shares in the INRG ETF, even though its dipped I'm still a fair bit up currently. Thinking is that surely the way the world is going clean energy is only going to become more prevalent.

    I have considered just selling up, closing the ISA and going direct with Vanguard and investing in a couple of their ETFs instead via an ISA with them, taking all of the work/stress/research/worry out of it.
     
  6. cu3ed

    Capodecina

    Joined: 26 Jan 2006

    Posts: 11,134

    Location: Belfast

    Put some on AMC myself, but really going on the trend people are talking. Wonder what Monday morning will do to them
     
  7. fez

    Capodecina

    Joined: 22 Aug 2008

    Posts: 15,641

    Location: Sidcup

    Isn't what just hype?

    I have no illusions that Apple is but a drop in the ocean for them but AMD are offering much better value than Intel and are slowly overtaking them in a lot of areas. I don't know why that wouldn't drop their value significantly. Either they are holding back on the market and are still doing so despite their current issues or they are in trouble and struggling to innovate like AMD.

    Its that sort of thinking that has got them into this position. "Lol at anyone who thinks we aren't untouchable and lead the market in pretty much all areas".

    We will see in the next few years.
     
  8. fez

    Capodecina

    Joined: 22 Aug 2008

    Posts: 15,641

    Location: Sidcup

    Oh and from what I can tell, IG have shut down any new purchases in IG and AMC.
     
  9. Hyburnate

    Capodecina

    Joined: 29 Jul 2011

    Posts: 15,134

    Location: Near Northants / MK

    They have, e-mailed this morning.
     
  10. fez

    Capodecina

    Joined: 22 Aug 2008

    Posts: 15,641

    Location: Sidcup

    Going to cost them a lot of customers. Any companies that haven't restricted trading on GME by the time this all finishes could clean up on new traders. How much they will be worth is up for debate but a lot of brokers have dealt serious blows to their credibility if nothing else.
     
  11. cu3ed

    Capodecina

    Joined: 26 Jan 2006

    Posts: 11,134

    Location: Belfast

    Surly with all the custom they get from places like Wallstreet bets, you would think how quickly they can turn on them and also very much remember it.
     
  12. fez

    Capodecina

    Joined: 22 Aug 2008

    Posts: 15,641

    Location: Sidcup

    From looking on the IG twitter there are a lot of long time users that are going to abandon them once they are out of the GME stock and some aren't even involved but don't like their behaviour and are transferring out.
     
  13. Krono5

    Wise Guy

    Joined: 16 Dec 2008

    Posts: 1,091

    The main problem for AMD atm is the slow turnover cycle in the server space otherwise they would be dominating that (> 80% market share) simarly to how they are consumer chips. That's around 25% of Intel's revenue. If AMD continue to stay ahead in innovation for several years then the roles will reverse. Intel have a massive systemic advantage in this regard but it won't last forever and the share price is reflective of the direction these two companies are moving and will continue to do so as long as AMD stays ahead in terms of innovation.
     
  14. fez

    Capodecina

    Joined: 22 Aug 2008

    Posts: 15,641

    Location: Sidcup

    Yep and your company value doesn't tend to go up when you are stagnant and not increasing your market share or sales. Nothing about Intels immediate future would make me want to invest in it.
     
  15. edscdk

    Soldato

    Joined: 17 Jul 2008

    Posts: 7,077

    Which is the go to trading platform guys? Want to avoid the ones that stopped game stop trading unless they happen to be a lot better than the rest
     
  16. dLockers

    Mobster

    Joined: 21 Jan 2010

    Posts: 2,891

    T212 if you can get an account. They stopped buying but have fixed it now.

    I'm not sure how many of the others are particularly accessible at such short notice.
     
  17. Trifid

    Sgarrista

    Joined: 18 Feb 2006

    Posts: 8,445

    Probably not IG then as they've stopped trades. https://www.bbc.co.uk/news/business-55871381
     
  18. Mikeey

    Gangster

    Joined: 5 Mar 2009

    Posts: 181

    I confess to being balls deep AMC mainly because I think it has the best upside potential of the short squeezers available. I hope I’m right but I’m probably wrong!
     
  19. silversurfer

    Capodecina

    Joined: 13 Jul 2004

    Posts: 19,193

    Location: Stanley Hotel, Colorado

  20. edscdk

    Soldato

    Joined: 17 Jul 2008

    Posts: 7,077

    Not looking to just jump on the current shorts just want to dabble long term