Trading the stockmarket (NO Referrals)
- Thread starter mcast123
- Start date
I got in at 152 so still 4% down. Better than the 10% it was down last week I guess...
Today surprised me a little, but it does this sometimes. Institutional investors upped their stake last week which was good.
Soldato
- Joined
- 19 Oct 2008
- Posts
- 6,088
It's likely going to come in waves.
I'm warry about most stocks atm. I think more shocks yet to come so a good chance of picking up good companies cheaper.
Painful morning!!! Pretty much everything in red today in my PF.
Gone for 4-5% up to 4-5% down in a week. Crazy times.
Totally understand shares falling. Corona, end of world etc etc. Totally makes sense.
Just mad to see now after months of mostly upward swings.
It feels like everyone has finally woken up and realised the world is in trouble!
Gone for 4-5% up to 4-5% down in a week. Crazy times.
Totally understand shares falling. Corona, end of world etc etc. Totally makes sense.
Just mad to see now after months of mostly upward swings.
It feels like everyone has finally woken up and realised the world is in trouble!
Think it's starting to hit home finally that this isn't over, there will be no stupid V recovery that was banded around. Totally ridiculous that. Why couldn't the forecasters see the only reason people still have 'jobs' is that there are a load of furlough schemes?
Going to be millions more unemployed by Christmas in UK alone. That's certainly not a V recovery
Now up to 40% invested 
hadn't intended on being in the market so heavily for a while, tried to stay at around 80% cash but took some opportunities.
I think I underestimated the longer term extent of the damage from covid. Councils going bankrupt now!? Think there's some major moves on the way...
Happy to be mostly in commodities...sausage rolls are a commodity and I won't hear it said otherwise!
hadn't intended on being in the market so heavily for a while, tried to stay at around 80% cash but took some opportunities.I think I underestimated the longer term extent of the damage from covid. Councils going bankrupt now!? Think there's some major moves on the way...
Happy to be mostly in commodities...sausage rolls are a commodity and I won't hear it said otherwise!
Associate
- Joined
- 22 Oct 2002
- Posts
- 2,059
- Location
- Hull, UK
Easyjet has taken a battering today, closed at 670 and lost over 9% today, aviation shares are looking very volatile at the moment.
20% up on yesterdays close currently off the back of this mornings RNS
888 up 10% this morning after good sales announcement.
Sadly I only purchased £500 worth last week. I had intended to buy weekly to PCA up to 2k over 4 weeks.
I’m super happy it’s 10% up today. Annoyed I’m only up £50 lol.
Now I’m not sure whether to sell the lot and take profits or keep buying more at the higher price!
Sadly I only purchased £500 worth last week. I had intended to buy weekly to PCA up to 2k over 4 weeks.
I’m super happy it’s 10% up today. Annoyed I’m only up £50 lol.
Now I’m not sure whether to sell the lot and take profits or keep buying more at the higher price!
Here's a bit of a reality check.
A mate of mine just rang me up, he inherited about £100k a couple of years ago and bought a load of shares. He followed one of these "super traders" (you know, the type who sells his info to make millions every month) and bought a load of shares in a company called Intu Properties.
He's just lost £40k on that one share alone, and is currently sat crying at his desk. I rang his wife and told her to go get him, he's getting picked up soon and she'll be keeping a very close eye on him as he's already depressed and has been on suicide watch before so the chances of him trying to top himself are very real. This could cost him his marriage too, she's fed up with having to babysit a 40 year old man.
Bit of an extreme example obviously but just remember that shares without proper research is just gambling.
And also remember, if someone can really make "100k a month" trading, they're not going to tell you how to do it, they're going to keep it to themselves. Only a failed trader would try sell you some magic "this one simple rule" shtick. Don't fall for it.
A mate of mine just rang me up, he inherited about £100k a couple of years ago and bought a load of shares. He followed one of these "super traders" (you know, the type who sells his info to make millions every month) and bought a load of shares in a company called Intu Properties.
He's just lost £40k on that one share alone, and is currently sat crying at his desk. I rang his wife and told her to go get him, he's getting picked up soon and she'll be keeping a very close eye on him as he's already depressed and has been on suicide watch before so the chances of him trying to top himself are very real. This could cost him his marriage too, she's fed up with having to babysit a 40 year old man.
Bit of an extreme example obviously but just remember that shares without proper research is just gambling.
And also remember, if someone can really make "100k a month" trading, they're not going to tell you how to do it, they're going to keep it to themselves. Only a failed trader would try sell you some magic "this one simple rule" shtick. Don't fall for it.
When “super-traders” tell you a position to take, they’re gearing up to selling theirs. 40k loss is really not nice to take - but the story with intu has been going on for ages...why didn’t he sell when, say, 20k down? Or was he being ‘advised’ to stay the course?
40K loss is a tough one Diddums, keep an eye on him. As Skeptic said plenty of warning with Intu.
At the end of the day no matter how much research you do its a gamble.
I've no idea about the story. He's one of those people you can warn until blue in the face, won't listen. I've told him countless time he's flying too close to the sun but I just get ignored and then a week later I'm told that one of his shares is up 10% like he's just cured cancer.
If he wasn't so emo and depressed about it I'd have one hell of an I-told-you-so but not even my sense of humour is that dark.
I'll ring him again after work and have a chat. Hopefully he's learned this time.
If he wasn't so emo and depressed about it I'd have one hell of an I-told-you-so but not even my sense of humour is that dark.
I'll ring him again after work and have a chat. Hopefully he's learned this time.