Trading the stockmarket (NO Referrals)

silversurfer said:
Conventional advice would be to take profits and/or diversify when you can. The whole gold and mining sector is due to rise as it does not reflect profits available from sales at this market price.
VED and CNE are constricted by the Indian market which actually forces price controls so companies sell at a loss, incredible. So commodity shares are more complicated then plain metal but even so I think they too cheap.
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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.
 
Skull said:
Not a fun day for anyone who owns both CHAR and FOGL shares ¬_¬
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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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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.
 
sp1ke said:
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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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.
 
sp1ke said:
Edit: ALso what kind of capital would you need to start getting into investing?
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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 :p
 
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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

avoid the small cap rubbish people are taking blind punts on in this thread
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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
In the 80s there were loads of companies starting off in the North Sea and Irish Celtic Sea. I was talking to a friend of mine in the bank one day and he was talking about small oil fields in Africa, which had been left behind by the majors and had no-one to work them. That is where the idea came from. I contacted another friend of mine in the World Bank who told me about a project in Senegal. They had some small gas fields that they were trying to get people to develop, so I setup Tullow Oil to rework those old fields. I knew nothing about the oil and gas industry at the time, which made it more challenging. No one thought Tullow would succeed because of my lack of knowledge of the industry, no major backers and I was starting a company in a country with no oil industry." – Aidan Heavey, CEO Tullow Oil plc
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Questor on BP

nero120 said:
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.
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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

QuickLink said:
Meh. Long game.
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VGM up 20% today again. Filled the gap with Chinese investors, might rest here
 
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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
 
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
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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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.
 
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