Trading the stockmarket (NO Referrals)
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Soldato
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Read a book and read this thread. I dont think any big tip except use patience, most big mistakes revolve around gambling type attitudes and wanting to make it be exciting ie. over investing or excessive risk
Its a marathon not a sprint :/ I took GKP in their '10 elections, got a stitch sold too early lol. Sideways share recently represents a positive retreat ? 260 big volume importance
http://Stockchallenge.co.uk
Fantasy games are just that, easy to kid yourself, do that one because it has fixed rules. I would be impressed if anyone here wins the month competition plus there is a prize for being #1 today Im 11
Dont remember this one at the time :
Sounds too simple to just invest in a company making good popular games.
ok not that simple then
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Soldato
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cheap oil - genel partner to GKP I think
http://www.fool.co.uk/news/investing/2012/03/20/large-oil-shares-at-24-discount.aspx
http://www.fool.co.uk/news/investing/2012/03/20/large-oil-shares-at-24-discount.aspx
Soldato
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One of my main spreadbet brokers has gone bankrupt and accidentally misplaced a lot of their clients money ala mf global
No great disaster hopefully fcas covers it but unfortunately means Ive been stopped out of everything I had with them. Worst one would be Condor because they are too tiny to deal elsewhere and particularly low at the moment so I sold at loss - for what appears no great reason except they dont have profits just assets.
I will arrange to rebuy the shares tomorrow unless theres a great reason for it to go up imminently ?
Market is due to turn down here in many peoples estimations. I still reckon its more like 1987, big up big down but positive year
No great disaster hopefully fcas covers it but unfortunately means Ive been stopped out of everything I had with them. Worst one would be Condor because they are too tiny to deal elsewhere and particularly low at the moment so I sold at loss - for what appears no great reason except they dont have profits just assets.
I will arrange to rebuy the shares tomorrow unless theres a great reason for it to go up imminently ?
Market is due to turn down here in many peoples estimations. I still reckon its more like 1987, big up big down but positive year
Soldato
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worldspreads, leveraged broker. Not proper shares but very convenient for a little tiddler like CNR and they never charged my interest on the money borrowed.
I will just top up my account in shares, it means I do have to pay the spread for no good reason though!
http://www.kpmg.com/UK/en/IssuesAnd...rators-appointed-to-Worldspreads-Limited.aspx
http://www.telegraph.co.uk/finance/...nce/9156314/WorldSpreads-staff-lose-jobs.html
WSPR 17m market cap to absolute zero.
Also means I sold RRL but not as bothered, I said 16 was a target and its in the region so no biggy. Though I doubt would have sold the lot, I still have shares from 2010.
Sold SEA at a profit, no div for me :/ I wouldnt bother rebuying the tiddlers, I own too much anyway
All these people forced to sell could explain any extra weakness you may be seeing. WS dealt in the very smallest firms
ZEN I will rebuy http://i.imgur.com/ExUk3.png
ABB And Schneider have blown their fuses
To clarify the difference between ABB, Schneider and Zenergy FCL's I thought I would ask the Zenergy in an email.
Here is their reply, you can make your own judgment as to which FCL you would then buy!
The ABB device mentioned below is an explosive interrupter. They are not permitted for use in the UK. In jurisdictions where they are used, they are basically a fast-acting fuse that uses an explosive charge to “blow the arc out” when the fuse operates in order to quickly interrupt the fault current.
They result in a permanent power outage, and require that a technician be dispatched to clean the device, reset it, and install a new insert (explosive fuse). Even if a technician is standing right by the device with the required tools and parts, it takes 30 minutes or so to restore power.
For auxiliary power applications at 10kV-12kV we are targeting replacing these devices in auxiliary power networks of main generating plants with our FCLs, because they don’t want to continue to tolerate the outages that occur with some frequency when these devices activate.
Faults occur with some frequency on these auxiliary networks, because of the complexity of the network and the gritty industrial environment. Also, spurious operations are also fairly common, because the auxiliary networks power large pumps, blowers and other equipment that have very large starting current surges, so it’s tricky to strike a balance between allowing the “normal” current surges associated with starting and shutting down equipment to pass unimpeded, but to interrupt the actual fault currents that occur.
Though I am sure that ABB is working on an upgraded product, currently, they are made only for applications up to 40 kV
The advantages of the Zenergy device is that it simply absorbs the current surges, fault or otherwise (starting), and the device maintains continuity of power without an interruption.
Also, it provides additional long-term ownership benefits. While the normal starting surges should not be interrupted, i.e. they should be passed by the explosive fuses, these surges do damage equipment, though typically not to failure – they most definitely accelerate the aging and “normal” wear and tear of the equipment and result in reduced service life. Our device will mitigate these “normal” current surges as well as faults and provide long-term reliability and service life benefits.
In addition, for the faults themselves, even though the ABB devices are fast acting, there is still the initial fault current “slam” of the first few peaks of the fault current before the interrupter actuates. As you know, our FCL limits the first quarter-cycle peak of the fault current.
So, completely different products with completely different performance profiles.
End
So there we have it, no more replaceing fuses and outages with an mFCL
To clarify the difference between ABB, Schneider and Zenergy FCL's I thought I would ask the Zenergy in an email.
Here is their reply, you can make your own judgment as to which FCL you would then buy!
The ABB device mentioned below is an explosive interrupter. They are not permitted for use in the UK. In jurisdictions where they are used, they are basically a fast-acting fuse that uses an explosive charge to “blow the arc out” when the fuse operates in order to quickly interrupt the fault current.
They result in a permanent power outage, and require that a technician be dispatched to clean the device, reset it, and install a new insert (explosive fuse). Even if a technician is standing right by the device with the required tools and parts, it takes 30 minutes or so to restore power.
For auxiliary power applications at 10kV-12kV we are targeting replacing these devices in auxiliary power networks of main generating plants with our FCLs, because they don’t want to continue to tolerate the outages that occur with some frequency when these devices activate.
Faults occur with some frequency on these auxiliary networks, because of the complexity of the network and the gritty industrial environment. Also, spurious operations are also fairly common, because the auxiliary networks power large pumps, blowers and other equipment that have very large starting current surges, so it’s tricky to strike a balance between allowing the “normal” current surges associated with starting and shutting down equipment to pass unimpeded, but to interrupt the actual fault currents that occur.
Though I am sure that ABB is working on an upgraded product, currently, they are made only for applications up to 40 kV
The advantages of the Zenergy device is that it simply absorbs the current surges, fault or otherwise (starting), and the device maintains continuity of power without an interruption.
Also, it provides additional long-term ownership benefits. While the normal starting surges should not be interrupted, i.e. they should be passed by the explosive fuses, these surges do damage equipment, though typically not to failure – they most definitely accelerate the aging and “normal” wear and tear of the equipment and result in reduced service life. Our device will mitigate these “normal” current surges as well as faults and provide long-term reliability and service life benefits.
In addition, for the faults themselves, even though the ABB devices are fast acting, there is still the initial fault current “slam” of the first few peaks of the fault current before the interrupter actuates. As you know, our FCL limits the first quarter-cycle peak of the fault current.
So, completely different products with completely different performance profiles.
End
So there we have it, no more replaceing fuses and outages with an mFCL
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. Don't matter what good news is flowing sp's in aim fall and fall. Perhaps that's just me and my watch list but red definately is the colour for 2012 
it does my greed no good lol
Soldato
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Quite surprised to see these so highly traded in ordinary accounts, no longer under the radar then
It was one of the most consistent rises ever for the market in general. AIM is bipolar
It was one of the most consistent rises ever for the market in general. AIM is bipolar
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I'm actually very excited about this year and the next coming months with my holding of RRL and GKP.
Puntland drill results could be out anytime in the next month now. Confirmed working petroleum system, which can only be a good thing. Geology so far spot on with Yemen, and RRL have confirmed they have had their pick of 100% offshore puntland block. So they are certainly confident.
They list on the US market today for some extra exposure, dues updates on all projects which seem to have been held back for this US listing.
As for GKP, well the oil is still there and likely to increase with sh4 results. Forget politics for now and stick these in the bottom drawer. All the oil majors are coming to Kurdistan now. Exxon and total confirmed, and Exxon had the backing from US government, so don't tell me there is still political risk with the majors all getting involved. Only a matter of time before the oil law is sorted or Kurdistan goes for independance.
Anyone looking for some leverage on the current puntland drill should have a look at RMP or Horn petroleum. Although the latter is not available through all stockbrokers. I have a tiny amount in both compared to RRL as I like the safety and diversity of RRLs assets should puntland be a failure. RMP will really struggle if it's a duster.
Puntland drill results could be out anytime in the next month now. Confirmed working petroleum system, which can only be a good thing. Geology so far spot on with Yemen, and RRL have confirmed they have had their pick of 100% offshore puntland block. So they are certainly confident.
They list on the US market today for some extra exposure, dues updates on all projects which seem to have been held back for this US listing.
As for GKP, well the oil is still there and likely to increase with sh4 results. Forget politics for now and stick these in the bottom drawer. All the oil majors are coming to Kurdistan now. Exxon and total confirmed, and Exxon had the backing from US government, so don't tell me there is still political risk with the majors all getting involved. Only a matter of time before the oil law is sorted or Kurdistan goes for independance.
Anyone looking for some leverage on the current puntland drill should have a look at RMP or Horn petroleum. Although the latter is not available through all stockbrokers. I have a tiny amount in both compared to RRL as I like the safety and diversity of RRLs assets should puntland be a failure. RMP will really struggle if it's a duster.
Soldato
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Whilst I know very little about the stock market, I am considering reading buffets autobiography at some point and 'the greatest trade ever'....
Anyway, something I've been doing in my degree recently was the weekend effect and I was just wondering if anyone actually gave it some real credibility, or is it more some rubbish made up by academics that doesn't really bare true in the real world?
kd
Anyway, something I've been doing in my degree recently was the weekend effect and I was just wondering if anyone actually gave it some real credibility, or is it more some rubbish made up by academics that doesn't really bare true in the real world?
kd
Soldato
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Basically yeah, share prices for some things traditionally fall on a Monday due to weekend news etc...
kd
Well to be honest I've only been investing for over a year, INVESTING being the key word.
Chosen my long term companies and intend to sit until they come good.
I only invest in O&G companies so news could come at anytime as drilling is 24/7.
The only people I can see selling up on a Friday are day traders using spreadbets. These are people making a living from betting on price movements. Therefore it makes sense to take your profits for the weeks work to enjoy yourself with.
In the traditional sense of selling actual shares in a company on the Friday invade thre is bad news over the weekend seems daft to me. Firstly if you want to buy back in on the Monday you automatically lose out on the spread (bid and ask), plus the commission to your stockbroker to sell and then buy back again.
Retail shares etc may be different with them releasing news over the weekend so I can't give you an opinion about that.
The only people who buy and sell shares on a weekly basis are traders and that's a difficult game to try and beat the market at.
Chosen my long term companies and intend to sit until they come good.
I only invest in O&G companies so news could come at anytime as drilling is 24/7.
The only people I can see selling up on a Friday are day traders using spreadbets. These are people making a living from betting on price movements. Therefore it makes sense to take your profits for the weeks work to enjoy yourself with.
In the traditional sense of selling actual shares in a company on the Friday invade thre is bad news over the weekend seems daft to me. Firstly if you want to buy back in on the Monday you automatically lose out on the spread (bid and ask), plus the commission to your stockbroker to sell and then buy back again.
Retail shares etc may be different with them releasing news over the weekend so I can't give you an opinion about that.
The only people who buy and sell shares on a weekly basis are traders and that's a difficult game to try and beat the market at.
Tommo - For your sake, I hope GKP don't go the same way as XEL - I could have sold at a massive profit, but I now sit on a pretty big loss as I didn't sell. I'm afraid I don't know much about GKP so I don't know if it might!
I've only been investing for a short time too, and have mainly been O+G. I've made a loss on DES, XEL and EO. I could have sold all of them at a profit, but didn't do it in time, because I told myself I was investing for the future. Luckily I did very well in NPE, and was much more sensible top slicing a number of times, and still hold more (in value) than my initial investment even though I've sold pretty much all of them. I made a very small profit on RKH, but I don't feel Falklands is a good investment at the moment, just a gut feeling (maybe influenced by the DES sting!).
Just remember that profit is profit, and when you are up massively as you probably are with GKP, then it can be a very sensible decision to reduce your holding and diversify, or just hold the cash in anticipation - there have been a lot of opportunities this year that I've missed out on because I don't have any cash.
Right now I'm dealing with small amounts, and playing it quite risky. My great grandmother always used to tell me "Only buy shares with pocket money", but when I do make decisions, I try to think to myself - what would I do if there was another 0 or two on the end of this number - would I still buy,hold or sell?
Anyway, there isn't much wisdom to my ramblings, just a warning that by "Investing" rather than "Trading" since November 2010 which was the highest point of my portfolio, I've seen the value of it decrease over 50% and it's pretty much worth the same as I've put into it. I'm certain much more experienced people on here will wave their arms saying "we told you so!" - and they did, but I made my own decisions and got them wrong - but it's all a learning experience for the future!
Good luck - "may the odds be ever in your favour"
I've only been investing for a short time too, and have mainly been O+G. I've made a loss on DES, XEL and EO. I could have sold all of them at a profit, but didn't do it in time, because I told myself I was investing for the future. Luckily I did very well in NPE, and was much more sensible top slicing a number of times, and still hold more (in value) than my initial investment even though I've sold pretty much all of them. I made a very small profit on RKH, but I don't feel Falklands is a good investment at the moment, just a gut feeling (maybe influenced by the DES sting!).
Just remember that profit is profit, and when you are up massively as you probably are with GKP, then it can be a very sensible decision to reduce your holding and diversify, or just hold the cash in anticipation - there have been a lot of opportunities this year that I've missed out on because I don't have any cash.
Right now I'm dealing with small amounts, and playing it quite risky. My great grandmother always used to tell me "Only buy shares with pocket money", but when I do make decisions, I try to think to myself - what would I do if there was another 0 or two on the end of this number - would I still buy,hold or sell?
Anyway, there isn't much wisdom to my ramblings, just a warning that by "Investing" rather than "Trading" since November 2010 which was the highest point of my portfolio, I've seen the value of it decrease over 50% and it's pretty much worth the same as I've put into it. I'm certain much more experienced people on here will wave their arms saying "we told you so!" - and they did, but I made my own decisions and got them wrong - but it's all a learning experience for the future!
Good luck - "may the odds be ever in your favour"
Soldato
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Is anyone else following the Apple bubble? It seems sentiment will push it above Google's price soon but it looks like timing will be important or many will get burned.
Soldato
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I owned Apple in a tech fund but sold it too early ( I dont have it now). They arent overvalued so long as they make sales, the above speculates that this will change hence the share price is 'full'
If they keep on course, they make a trillion in market cap. I wouldnt call it a bubble, unless apple products are junk or unprofitable. Bonds are an unstable market, a bubble
A tech forum should know all about Apple prospects. Intel was dirt cheap for ages, not now so much.
We all knew the CoreDuo was a success though, I think this relates to share prospects roughly
I had EO, taken over by PMO, they were a buy at 360 and probably now. You got given PMO shares?
XEL is irratic but they have the oil and ability to make sales, eventually. I dont think you have lost on them, the price is cheap now yea
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