Trading the stockmarket (NO Referrals)

Nickg said:
any thoughts on long rangers such as;

African Eagle (AFE)
Sterling Energy (SEY)

?
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Something about SEY is putting me off for now, can't quite put my finger on it.

Upside is other oilers in the region are making good finds (GKP for instance), however they have a hell of a lot more shares in issue which puts me off so pts wise the rises shouldn't be as big (obviously percentage wise they would/could be).

Long term could be a fun one though.
 
so what trading sites do people use? Just looking around some now, they all seem to charge around a tenner per trade which would be an awful lot if i was just mucking about with a couple hundred quids worth of shares.
 
Well I am currently into the following:

LLOY - 55.2p
RBS - 30p
BARC - 286p
BDEV - 113p
TW. - 44p

So mostly doing OK apart from TW. which is down a bit, however I am holding out for the reversal which will come sooner or later and I may try and trade up if I find a good price to sell at (even if it is below my buy in price)
 
As a portfolio thats overweight on banks and housing companies, both sectors will most likely move similarly

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http://ftalphaville.ft.com/blog/2009/12/11/88481/the-dogs-of-the-ftse-100/


 
I'm looking into stock market investment and I was hoping you could answer a quick question. I'm not looking to day-trade, I'd just like to purchase 10 stocks I've selected all at once and hold them for a year. The amount I have to invest is small (£1,000) but since I'm only planning on buying and selling once a year I did not think I would be swallowed by commissions as I would if I was actively trading.

I've applied to selftrade.co.uk, but my concern is that I'm not sure what they mean with regards to commission "per trade." I have the sinking feeling that it means if I buy my £1,000 of stocks in ten companies all in one go, they will count that as 10 different trades and charge me £100. Then if i sell them in a year that will be another £100, meaning I'd have to beat the market just to break even... I can't find a definition of what constitutes a "trade" - is it per company or the whole thing at once?
 
Yes you are right... If you want to hold 10 stocks you pay 10x£12.50 (I think Selftrade charge).

If you want to sell, the same applies.

£1000 is not enough to stockpick with unless you identify just one you want IMO.
 
Yep, per stock, which is why I only perform bigger trades. It was fine stockpicking with small amounts earlier in the year because of the undervaluation.
 
Skull said:
I'm looking into stock market investment and I was hoping you could answer a quick question. I'm not looking to day-trade, I'd just like to purchase 10 stocks I've selected all at once and hold them for a year. The amount I have to invest is small (£1,000) but since I'm only planning on buying and selling once a year I did not think I would be swallowed by commissions as I would if I was actively trading.

I've applied to selftrade.co.uk, but my concern is that I'm not sure what they mean with regards to commission "per trade." I have the sinking feeling that it means if I buy my £1,000 of stocks in ten companies all in one go, they will count that as 10 different trades and charge me £100. Then if i sell them in a year that will be another £100, meaning I'd have to beat the market just to break even... I can't find a definition of what constitutes a "trade" - is it per company or the whole thing at once?
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A trade is any separate trading entity, so depending on your broker you're probably looking at:

buy - 10 x £10 + £1000x0.05 (stamp duty) = £150
sell - 10 x £10 = £100
bid/ask spread £10ish
total - £260

You don't have to be a rocket scientist to see it would be a terrible way to invest £1000. A FTSE tracker fund would be a much better option. There are region and sector specific ones also, although my guess is you're going to randomly pick 10 uk listed stocks.
 
mcast123 said:
A trade is any separate trading entity, so depending on your broker you're probably looking at:

buy - 10 x £10 + £1000x0.05 (stamp duty) = £150
sell - 10 x £10 = £100
bid/ask spread £10ish
total - £260

You don't have to be a rocket scientist to see it would be a terrible way to invest £1000. A FTSE tracker fund would be a much better option. There are region and sector specific ones also, although my guess is you're going to randomly pick 10 uk listed stocks.
Click to expand...

I will look into the tracker fund but no, they weren't randomly chosen.
 
MNR does look nice, what gave you the clue to buy them? I have very little confidence in most small companies personally though they can be the best growth of all


iii charge no commission on preplanned investment which is ideal for tiny little purchases just remember they will charge for sales.
Share.com will do similar, except 4 times a day you choose to buy for 2.50 a go. Again if you want to cash in then it costs a more normal commission
 
The fundementals looked good and it just seemed undervalued at 14p.

SAM is also on the watchlist after a few comments I've read abotu them but not worth a shot yet I think.

MNR still have a way to go imho.
 
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