So...anyone else into trading shares?
I got into it about a year ago now - I figured the economy was about as bad as it was going to get and so in theory, as Yazz once sang, the only way was up.
After a shaky start I've started to do quite well.

Well, I say that. What I mean is right now it's all worth quite a lot more than I put in. You only make or lose any money if you sell and if it all crashes horribly before I do that then I'll be back where I started or worse.


Anyhoo, if you're in to that sort of thing and have any tips, shares to keep an eye on then maybe this could be a thread for talking about that sort of thing.

Unless I'm just about the only one who does this in which case :tumbleweed:

Get your hands on the Crop Report and you can't go wrong!

:D

Okay, pork belly prices have been dropping all morning, which means that everybody is waiting for it to hit rock bottom, so they can buy low. Which means that the people who own the pork belly contracts are saying, "Hey, we're losing all our damn money, and Christmas is around the corner, and I ain't gonna have no money to buy my son the G.I. Joe with the kung-fu grip! And my wife ain't gonna fuck...my wife ain't gonna make love to me if I got no money!" So they're panicking right now, they're screaming "SELL! SELL!" to get out before the price keeps dropping. They're panicking out there right now, I can feel it.

It's quite incredible how the markets have bounced back. A lot of it is due to companies slashing costs and making people redundant, therefore increasing profits. This can't be done continuously though so maybe a dip is on the cards.

Or if this recession is W shaped then a down turn might be round the corner.

Not that I'm pessimistic by nature :lol:

I've never been a stock market man as it just isn't rational. A lot of it is emotion driven and it's hard to second guess that.

If it were me I'd buy some ETF's in Soybeans, Wheat and Coffee and just hold them for 5yrs or so.

Good luck though, sounds like you're doing well.

I would like to get into all that in a small way but wouldn't know where to start.

This year, even if you invested in a tracker fund you are 33% ahead.

SB is over in the Arsenal section on the WUM over Adebayor as he seems to have diversified from Wumming constantly over financial results, but he may have a worthwhile tip or two for a change.

I am into trading shares a little bit (as you know Letters) although going off to study full time is going to affect the amount i have to invest.

Its a pretty good time to get started to be honest, with the markets looking to recover money is there to be made. At the same time it can be a little dangerous for a new invester because you can make good gains without having to do as much research.

I also think there is a risk of a bubble developing as confidence rises and the FTSE could yet have a big retrace.

Im finding it quite volitile at the moment my portfolio is swinging quite a bit on a day to day basis.

I have some stocks which i will only keep a few months and another couple that i am looking to keep for a few years.

I have started to look at penny sharesa listed on AIM a lot more, im interested in stocks that have a very low valuation per share. Its quite risky because you are looking for the company to do well in the future often years down the line but getting in whilst they are so cheap can mean big gains.

I also invest into funds through a stocks and shares ISA, allowing the "pros" to invest into companies via the fund which is generally a safer way, dpending on the fund and sector.

:haha: :haha: :haha: :haha: :haha: :haha: :haha: :haha: :haha: :haha:

Trading shares is what got me where I am today, financially comfortable with very little work. I made some very good investments and sold at great times.

The only tip I have for you is buy low sell high

And good luck

goddammit...I keep getting that one wrong! :banghead:

Been sharedealing for about 7/8 years now. Been a mixed bag of fortunes really.
Overall i dont think i have lost money but i have missed out on making a shedload.
Usually cos i was short and needed the money and had to sell the bastards only for them to go much higher (damn bastards).


My one major tip is Vodafone. They are a solid fucker of a company and pay their dividends sharpish + their shares are quite affordable.

I'd also strongly recommend bank shares. When all the current hoo-ha blows over their share prices are going to go back to where they were before.
As usual DYOR before buying.

No, seriously, you'd be 33% ahead.

Who is your broker letters?

Piss easy tbh.

There are lot of online broker sites.

Start small maybe £300 and then take it from there. However i'd recommend you treat the money as gone once you buy the shares.
Please dont do the stupid thing which some people do of using their savings to buy shares. That is hugely ill advised.

Use money you can afford to lose.

Barclays. Mate advised me to open a share trading account with my bank, I bank with Barclays so I set that up online.

Maybe but despite the recent rises the market isn't much higher than it was about 11 years ago (heard that about a week ago so may be a little out of date yet).
As the world economy recovers it's only going to go in one direction longer term.
But things never go up in a straight line so yeah, there may be dips to come.

Patience is key, its difficult wtaching profits get eroded in a retrace but having confidence that long term they will move up helps

I've invested £36 in Arsenal +Booking fee <_< +Membership <_< banking on a rise in stock against Wigan any idea what my likely return is and likelyhood of the BALTI-PI rising?

I used to have a fair amount in shares, ones I invested in I set a price I would be happy to bail at and stick to that as always that temptation to get just that bit more and conversely happy tset a price to buy additional at when going down ## unless the company is going down the pan tended to ride out the lows.

As SB says it has to be treated as dead money although you can still go for high/med/lower risk companies within your portfolio

Fucks me off for endowment returns the lazy c***s that "manage" portfolios don't seem to have the motivation/to do the same, might as well have made the investments myself given the "return" they have managed over the last 12 years grr.

How much do they charge you to buy/sell shares + do they charge a mainenance fee?

This is the account I have.

https://www.stockbrokers.barclays.co.uk/?us...=publicaccounts

I think that's where I need to be careful.
I've done well so far but it's been like fish in a barrel over the last few months, pretty much everything has been doing well.
If I'm too greedy and stay in too long it could all go south again before I get the profits out.

Anyone looking for a solid profit should invest some in the Iraqi stock exchange. Not as ludicrous as it sounds and yes Iraq has a stock exchange (which recently went electronic....as a result of which shares shot up :whacky: )

Cheers Letters. :tiphat:

I'll have a look to see if Natwest do similar.

You could have a play around with http://www.bullbearings.co.uk/

I've sold a bit this morning of a couple of shares which have gone up.
Might buy other shares with the money...or might buy a really big TV and enjoy the fact that I paid for it with profits.
:dance:

Was that PPA?

Yeah, bit of PPA, bit of CFM.
Sold £500 of each but still got some in each.

How much do Barclays charge you per trade?

I gave a link above. It depends how often you trade though.

CFM have gone back down so I've rebought those with the money I got from selling earlier.

Oh so you pay monthly?

A couple of the Natwest ones I looked at charge £15 per trade.

You pay per trade but there does sometimes seem to be an additional fee - I have a feeling that's only if you don't make trades though.

If you're really thinking about it, go with these lot http://www.iii.co.uk


They charge a flat fee of £10 per trade and they dont charge any sort of maintenance fee or any other such bollocks. I dont know what they charge for other kinds of stuff though. The charge i'm speaking of applies to share-dealing only.

I have used iii.
Personally I didn't find it as good as Barclays but then it's cheaper so I guess you get what you pay for.

i use iii for the discussion boards, can have some really good posts can be a bit annoying when people are trying to ramp and deramp shares though

its been a reaction to the firesales of last year. Everything was oversold. Going forward the market is functioning better again and people are once again more selective about differentiating between good and bad investments.

Id expect it to be much harder to make money from here.

Knackers.

Mine are falling faster than LDG's date's knickers this week <_<

I wouldn't advise in investing in PLONK PLC, I hear they'll be falling to an all time low this weekend. Followed by a sharp rise.

Really? Cool. Thanks for the advice. I didn't know you were in to sha....hey!


:angry:


I'm watching you <_<

*looks over shoulder*

:yikes: