share dealing

j0s · 9 Oct 2008 at 20:43

as an amateur anyone done share dealing and how easy is it to do?

shifty_uk · 9 Oct 2008 at 20:45

Google it. You'll find many a guide. It's not as easy as you'd think.

PardonTheWait · 9 Oct 2008 at 20:46

buy low sell high, easy innit

Masterdog · 9 Oct 2008 at 20:48

Are you sure you understand the risks of stock ownership?

[TW]Fox · 9 Oct 2008 at 20:49

j0s said:
as an amateur anyone done share dealing and how easy is it to do?

If you need to ask..

G-MAN2004 · 9 Oct 2008 at 20:50

[TW]Fox;12663877 said:
If you need to ask..

Exactly.

Now wouldn't be a good time for someone who knows nothing about it, anyway. Or any time, for that matter.

EDIT: Read some guides off Google, and I don't mean just a quick skim read. Then try your hand at a stock trading game online.

shifty_uk · 9 Oct 2008 at 20:55

I'd suggest giving Bullbearings a go.

j0s · 9 Oct 2008 at 21:01

what i mean is what kind of experiance have you had

iraiguana · 9 Oct 2008 at 21:04

try your luck at bullbearings and see how you find it to be honest.

Marky · 9 Oct 2008 at 21:08

Very risky going into it at this time with the economy so bad :eek:

Stressful I would imagine if you're playing with lots of money.

Energize · 9 Oct 2008 at 21:39

Better off buying gold with the way the economy is going tbh. I've already made a 26% return on investment in a few weeks.

Volcs · 9 Oct 2008 at 21:40

I'm a grand down - go me!

DrDee · 9 Oct 2008 at 21:47

I'm staying well clear for now, im sure allot of talented people have made some serious money this past year, but a hell of a lot of people have lost Billions.

dowie · 9 Oct 2008 at 22:03

Depends what you mean....

Longer term buy & hold - tis feasible for an amature investor to pick say 10 stocks and outperform the FTSE 100 over say 5-10 years.

As for short term trading/speculation- tis a lot harder and a lot less forgiving, costs & execution can become a lot more of a factor and these days, with the prevelance of spreadbetting, leverage also becomes something to be aware of - tis not very feasible for an amature to make money - most people who try will lose.