Trading the stockmarket (NO Referrals)
- Thread starter mcast123
- Start date
*waves hand*
I do this, mainly because I'm too lazy to trade more actively. I keep an eye out and when the time is right, whack a few quid on whatever takes my fancy and isn't some rubbish stock. I lack the discipline you have, which is probably why my portfolio looks like an abortion today.
Oh well I guess you missed the window already.
Isn't this a very common method of value investing? Have a circle of competence then wait for one of said companies to become good enough value to warrant a buy. Charlie Munger prime example.
This isn’t the crash?
Well it depends on the Fed and their plans for this year. Personally I dont see this as a crash but just more of a correction so far and it has a bit more to drop in my eyes.
Got a question for you guys, anyone use IG as their trading platform? I'm coming up to my first year properly trading in the sharemarket and have been using Etoro. It's been fine and I have learnt a lot this year from it but I'm looking to pump more free cash thats laying about and I don't want to put all my eggs in one trading platform. Any pro's and cons? Am i right that you can trade pre-market in some stocks? What's their actual fee's when trading shares? The info on their website is vague in my nightshift clouded head right now.
thanks
seems like a crash to me when a bunch of stocks are anywhere from 10-50% down even big names.
a bunch are still crazy valuations like AMD, NVDA , most tech.... they are surely coming back to reality at some point very soon.
seems like a slow fall.
Hedgehogs dump it.
Retail pick up the dip,
hedgehogs sell again.
Retail picks up the dip again...
Hedgehogs offload some more...
Rinse and repeat whilst throwing FUD and creating retail bag holders
eventually the market bottoms out and we start the cycle of life again
seems timing the bottom and not picking up the hedgehogs dip is the way to go.
how low can they go? who knows but I'd expect a few weeks to a month of this crap tbh
seems like there is almost 0 confidence in the markets right now, if you have to invest then take a look at intel, seems to have found it's bottom months ago and now just heart beats until the recovery starts.
INTC earnings tomorrow though so it could be bad and dump to 45$ who knows.
anything over 30-40pe is probably going to get slaughtered imo..
the market seems to consider 20 pe high right now even
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It might be easier to not always try to frame everything through this naive reddit obsession with 'hedge funds vs retail'.
High frequency trading > everyone else.
lets face it the hedgefunds and global capitalists control the stock market prices.
retail traders are just in for the right and to get the bags
who pays all these tiny law firms to start slinging fud? surely they don't do it off their own backs or are they just like ambulance chases after any kind of a pay day because it's probably low effort.
By "not selling" I meant anything I've already made a loss on. Cashed out on my gainers for now.
I watched some of my stocks falling thinking it can't fall much further.
oh how wrong I was....
almost anyone who invested in the last year is probably down though, such a bad time
I see the bank of canada bought like 500k of nio shares around 36$ average, makes me feel better about my 29$ average when the current price is around 24
still down 17% on it though
my worst is down 40%
don't even ask.....all my gainers I sold apart from INTC I wanna buy more but will see what earnings says tommorow
Retail traders usually lose because they're amateurs and panic sell when they're down, and hold when they're up. Professional traders eat them for breakfast because they know what they're doing.
Retail investors can do just fine if they're not total chumps.
I'm still up on the year as I've mitigated some of the drops and have been trading the swings. Sold half my stocks on the rise today and sitting on the cash waiting for the next panic sell.
Not really, it's more just that they don't have any edge in general. It's not necessarily a bad thing to cut their losses etc.. though if you corrected this apparent "panic" that they have no edge means they're still mostly going to be losing money. It's essentially a less than zero-sum game. No edge = 0ev, throw in having to cross the spread and/or pay commissions and other fees and you've got a -ev game.
Also, the professional traders eating them for breakfast (or taking the other side of their orders) are basically computers these days, owned by firms that sometimes pay brokers for order flow. Perhaps in the case of options you'll still have a human involved staring at a screen (albeit one using a lot of semi-automated trading tools) but for equities it's mostly just going to be a server taking the other side of your order.
Soldato
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No if they can’t afford rent or mortgages of courseHouse price growth is due to shortages. With so many construction companies going under at the moment we aren’t going to be building much for the foreseeable either.
House price growth has nothing to do with shortages. It is caused by the privately owned central bank, the Bank of England, being able to print money out of thin air, because the British government has become captured by the financial sector. This means that the banks can financialise the housing sector and pump property prices up to ridiculous levels that have no connection with general (non financial) salary rates. The price increase is sustained by more and more money printing out of thin air, which can be seen by looking at the Bank of England's balance sheet. People closely connected to the banking industry can afford to buy second houses, the origin being the central bank money tap. It also allows the financing of Buy To Let mortgages. A lot of property in the UK is vacant. There is no physical shortage, it is an artificial shortage created by a minority that are in control of the money supply.
If Sterling was a hard money (as in hard to produce for the bankers, rather than print out of thin air), by backing it with a hard money such as Bitcoin or gold, then there would be no property shortage in the UK, and no ridiculous house price levels. This issue is very poorly understood by the general UK population.
Soldato
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I don't use IG. What I would be wary of for both IG and etoro is the legal status of what you have bought. I haven't got time to look into what they are doing right now, but I'm talking about the type of products that you are actually buying when you buy shares with them, i.e. is it real shares or is it derivatives, and the legal structure behind how they hold the shares for you. Without having gone through all the fine print, these are both companies that I think are "unconventional". If I was looking at any company to hold shares with, it would probably be Hargreaves Lansdown, who are relatively independent of the banking sector, and I believe offer a conventional "beneficiary account" holding structure, but I don't use them myself at the moment, and this is not an endorsement.
Soldato
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Does IG cover the ASX at all, it appears they dont but I thought since they are the largest and international? IGG and CMCX seem productive. 200p for cmc perhaps