the pension people took over, and loads of people only do trackers. it kinda kills real stock market talk
what happened to the guy who started this thread anyway, is he a millionaire yet? @mcast123
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Trading the stockmarket (NO Referrals)
- Thread starter mcast123
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what happened to the guy who started this thread anyway, is he a millionaire yet? @mcast123
Caporegime
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He's not been online for over a year. Probably can't afford the internet bill.
Also a lot of very vague (pretend ?) flexing without any useful detail or even better basic proof " picked up some stuff on the dip this week, sold before it tanked ect ect , it's my dad's got a Ferrari you heard at school territory from the demo account kids on here , history on here is very revealing edit sometimes it validates the post someone said on here bought some more intel and fair enough they had mentioned it in the past so I do have a set of members I tend to trust
Maybe just cynical in my old (older) age
Maybe just cynical in my old (older) age
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TBH, it could be split.
One based on gambling and random stock picks, and another about making informed investments, what investment platform to use, how to legally minimise tax or trading fees etc, how to diversify and reduce risk to meet an investment goal. In summary, I don\t actually see that many people trading the stock market because the definition of tade means you expect positive returns in your favor
Someone randomly buying into a quantum computing stock because someone else on the forum did whom themselves have no clue about quantum computing or the fundamentals of the the underlying company's intrinsic value is just boring and uninformative like someone betting on the horses. I don't care but I do see people less informative that don't seem to have money to burn thinking they need to buy some Tesla stocks or whatever to grow wealth, so this thread gives a false impression because it is not balanced by people that want to manage risks and have a positive ROI expectancy over the next 5-10 years. i.e. there doesn;t seem to be much sign of people trading the stock market, just simply buying and selling stocks which is not the same.
1) Why do you think "pension people" took over?
2) What is wrong with people trading in the stock market to invest in their pension?
3) what is wrong with people doing trackers, considering that simple tracker funds tend to beat 80% of professional day traders and managed funds
4) why does people talking about trackers of the stock market who want to trade in the stock market and leverage expected growth of the stock market to generate wealth or income kill stock market talk?
5) what is "real" stock market talk? Is buying stock in random companies and meme stocks that the poster know almost nothing about and has no idea of
I would love to see "real" stock market talk, but I simply don't see much. Rather I see "fake" stock market talk - people buying meme stocks, people jumping on bandwagons, people, copying others who are copying a 6 month old youtube video which itself provides no informed analysis, people buying stock based on a single news article with zero analysis , people using simplistic "past-perform magically predicts future performance despite what experts tell me".
100% on board with you...
Been far to many posts where it just seems to be winning stock pick after winning stock pick... But it's an internet forum so that's going to happen.
I think we should just all play nice - keep the thread going, whether your throwing a few hundred quid at a random stock or wanting to discuss EFT's/long term holds etc - it's all good here....
There's plenty of "Trading" discussions going else were; Discord, slack, telegram, FB groups, reddit... heck each modern trading platform has their own socal media aspects of it. This forum doesn't really hold up well to discuss day trading apart from the "yeah... I just made xxxxx" or "oh... I just lost xxxx"...
maybe swing trading, but I don't want to be the one suggesting to people to buy into greggs or b&m as they are at all time lows at the moment, for someone to say a few weeks later, "Dude, you just lost me all my money...", when they wasn't prepared to hold on long enough.
Everything stock market related is a gamble, just depends on the risk level and your risk appetite... it seems to be very low here with people pulling out of the S&P 500, when most of them haven't or shouldn't have lost money, just that they unrealised gains has been lowered by recent orange events.
maybe swing trading, but I don't want to be the one suggesting to people to buy into greggs or b&m as they are at all time lows at the moment, for someone to say a few weeks later, "Dude, you just lost me all my money...", when they wasn't prepared to hold on long enough.
Everything stock market related is a gamble, just depends on the risk level and your risk appetite... it seems to be very low here with people pulling out of the S&P 500, when most of them haven't or shouldn't have lost money, just that they unrealised gains has been lowered by recent orange events.
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A family member falls into this bracket. He's always bragging about his wins, but will never, ever talk about a loss. Yet it's clear that's he's making losses due to his overall portfolio value being lower than it was when he's previously been showing off his latest gain. He's often leveraging 20x on £15k day trading gold. He's just a glorified gambler, really.
Soldato
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Yeah, it would be hard to argue with a straight face that the subreddits and other social media investment chat is anywhere near in the same league as actual stock market trading advice... Most of that has gone away precisely because they can't beat set and forget it trackers. What still remains isn't accessible to ordinary people still. Plus nobody should be giving actual advice to strangers and nobody should be taking advice from strangers.
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Soldato
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Well the title is trading the stock market, so talk about investing and pensions does not belong here.
ehh, why not? One of the most common strategies to ensure a healthy pension is to trade the stock market! Just doing it with risk management, diversification, and not selling off at random times based on hearsay
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How does your pension work then? unless you're in a DB pension then your pensions should be invested in the stock market. Some of us manage our own pensions; granted most pensions won't allow you to invest in a single company stock, but most should allow you to invest in the same or equivalent ETFs and mutual funds as the ones people are investing in their investment accounts and ISAs.
Using your pension to invest in the stock market is the most effective way of trading, with no tax until you take the money out and lower management fees.
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I disagree here, while there is always a tradeoff between risks and returns and there is volatility, you don't have to gamble on the stock market. You can invest in ways that over the long term have a very high chance of generating positive returns , which is what most people should be doing with most of their money. Pulling out of the S&P500 because it has dropped a few percent is pretty much the opposite of of low-risk strategy, baring people at retirement age or some specific scenarios. It may appear that people are trying to be low risk but by selling they are converting unrealised loss over the last months to realised losses from peak and are thereby exposing themselves to more risk. There is simply no clear ways to know when to buy or sell, the only thing we do know is in 5-10 years it is very likely the S&P500 will be higher than it is now and trying to time when to buy and sell is impossible, so a holding strategy is the best strategy.
exactly, a large part of my pension is in stock, although it is not the only reason I invest in the stock market. The tax efficiency of trading with your pension makes it a double win.
Soldato
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No it isn't, because investing is different from trading.
If you never sell anything, you never make a lost.. lol. I have plenty of single company stocks that are in the red that I'm just refusing to crystalise the loss on, unfortunately there comes a time for everyone where they need to sell up their holdings, I just hope when that time comes for me that I'm in the green.
IIRC the S&P 500 ETF, is rated by vangaurd as a 6. when compared to my call options at work where it's rated as a 1. It's just recency bias; granted for the last 20 years where people think the S&P 500 is safe. Before WW2, The UK was the financial capital of the world and until the dot com bubble it was still holding it's own against the US. Who know's Trump may FUBAR things up so badly that a member of BRICS may become the new market leader, my colleague in India say's their market is heating up at the moment.
investing is different to day trading, but To invest in the stock market requires trading in the stock market but over longer time scales to reduce risks.
I don't think there are many professional day traders on this forum, so then it is gambling
i thik day trading would jsut be gambling, for every person that wins big 1000 will loose