Trading the stockmarket (NO Referrals)
- Thread starter mcast123
- Start date
Depends are you wanting to trade or invest?
Depends how much money you're investing, how long you'll be holding, stocks or funds, inside or outside ISA and whether you want to buy US stocks. Most brokers available in the UK charge commission to deal in US stocks so if you're only investing small amounts that's not ideal. Most people in here are using trading212 which is commission free for all stocks including US, and they have an ISA product. They have a semi decent browser based platform for charting and dealing.
Interactive brokers, hargreaves lansdown, fidelity, etoro and degiro are all worth a look in for various reasons.
Yeha there's a possibility of it moving in the future, but then that's a lot more of a long term game..
I'm thinking I'll ditch what I have as soon as I get to break even on my account, depending on how I feel its going up (if it does) at the time, and when I say break-even, I mean when I'm at the point the cash I've put into the account is at least its worth in stocks, rather than break even for GME, which I cant see it doing any time soon..
trading212 is good but had a few hiccups at American opening with all the traffic WSB created.
they did suspend the creation of new accounts, not sure if they lifted it yet.
worth the wait anyway over paying commissions/fees
you should learn the basics of due diligence and how to read financial reports properly, understanding what all the terms mean etc before you start anyway
lol..finance is one of the most regulated industries in the world.
The idea that all hedgefunds are manipulating it all to wreck the system is nonsense, and hedgefunds had nothing to do with mortgage backed securities in 08.
Apart from my shares bought in the company I work for I took my first baby steps in share investing today and opened an etoro account 
Wish me luck! With me being a shift worker and being able wfh I seem to have a fair amount of spare time so thought I could put it to good use. Been very interested on how the market reactes to worldly events and been studying it for the past year.
Wish me luck! With me being a shift worker and being able wfh I seem to have a fair amount of spare time so thought I could put it to good use. Been very interested on how the market reactes to worldly events and been studying it for the past year.Thanks, just looking at perhaps a few hundred a month but may start with a bit more of a lump. I will have a look at trading 212. I hadn't thought about ISA allowance.
I have just put my name down on a wait list.
If you dont want to wait, Ive been using freetrade which seems pretty good too.
I like revolut's interface as well, but they only allow 3 free trades a month.
Ive found you may need more than one as not all the platforms have all the stocks (so for certain stocks you may need a different platform)
Clearly, missed the sarcasm there, SEC are more than happy to check out WBS for market manipulation yet all that WBS has done is looked at some accessible information and chosen to buy a stock based on that information, which is exactly the same as the hedge funds do no?
So, if the SEC is looking at WBS they should use the same rules to look at the hedge funds no? Especially if it does turn out that the hedge funds have used out of the market tactics to manipulate the price back into their favour, be it talking to friends in the media, government etc and trading out fo hours, again to manipulate stock prices...
Soldato
- Joined
- 6 Jun 2011
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- 2,741
GME tumbling at the moment it seems?
Associate
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- 16 Jan 2005
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- Wales
And it will keep tumbling. These meme stocks are done for. Everyone who had any sense at all got in early and got out well before now.
Soldato
- Joined
- 6 Jun 2011
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- 2,741
Makes no difference to me but it has been interesting keeping an eye on developments!
IAG will be announcing their results on the 26/2. I guess after the year they (and other airlines) have had, it won't make for good reading and regardless of how well the UK is doing with the roll out of the vacination programme, we need the rest of the world to catch up before we get close to see a real rise in air travel. Anyone got any ideas of where they might be heading over the next 4 weeks?
For those of you that haven't quite figured this out yet, the conspiracy theory stuff was all part of the con, to suck more people in to feed the stock pump.
Some hedge fund ate a loss on a big short position. Some redditors tried to profit from a pump. The usual mugs lost their money. The market functioned.
All these chumps that bought in at 300+ wondering what went wrong. THAT is precisely why they had to limit trading on the stock. Not because of some shady conspiracy.
You need to stay away from the markets if you're so easily conned.
It's not really a case of where they're heading. IAG and all the other airlines future is almost exclusively down to external factors right now.
How soon international travel starts to ramp up is going to be the big driver....
I imagine some funds/big players managed to make a fortune off the chumps too with some well times day trading.
I use AJ Bell but I'm not really a day trader and most of my investments are to maximise pension position for the next five years and also the ISA allowances. I therefore have a SIPP and ISA account. I've not used any other platform but it seems intuitive, responsive and the fees are transparent. You get a regular investment magazine (digital) which is good for casual investors like me who are trying to learn a bit as they go on. They have a phone app which is ok also. It does what I need and feels very secure.
Travel has to be due a bit of a bounce. I've gone in on TUI which is languishing at c340 but recently it was >500. The business seems secure as its being backed by the German government and as one of the bigger tour operators you'd think they will emerge well. I notice EZY has rebounded in the space of 2 weeks from <700 to >800 today. I guess it depends on your objectives - short term gain or longer term growth.
I tipped a small amount into RR yesterday as it bottomed out close to 90p