Trading the stockmarket (NO Referrals)

I should have sold RBS a couple of weeks ago, even just to rebuy in a day or two's time. I read a lot of people who suggested the same, but I thought it'd hold tight.

Ah well.
 
We've had a lot of growth since February and the markets are retracing to their values prior. I would let that happen and keep an eye on Europe to see if Greece totally falls apart first.
 
gord said:
Volatility! http://news.bbc.co.uk/news/business/market_data/shares/3/87068/intraday.stm

That's some serious movement around 4. If you are going away, holiday, I wouldn't invest. I would enjoy my holiday and forget about the markets. See what the situation is like when you come back.. but that's just me.
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I put another 1500 to drop my avg.

Sod it - long term anyway because I'll be waiting to get back to my buy in price so may aswell make some on the way up. Plus this happened about 6-8months ago when RBS peaked at 57p to only drop down to 29p

Im not going to worry about it, just want something to look forward to when I get back

In summary = :confused: lol
 
stoke1863 said:
Anyone think there is a good opportunity with some of the banks now?
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i'm no expert, and i'm not going to try to tell you what to do, coz if/when you lose money, it's best you understand it's your fault, not mine or anyone elses.

but i would recommend you read up about a couple of things, specifically diversification, and the difference between trading/speculating and investing.

good luck.
 
I managed to get out before all the drops but I sold all my shares when I should have kept DES and RKH as they have both gone ballistic this week. Still though I'm not too disappointed as I have a all my money intact to re-invest when things pick up again. I'm on a private message board with some really switched on guys who predict it to remain quite bearish for at least another 4 weeks. (if not bearish certainly volatile)

It is tempting though some shares look great value, got my eye on XTA, MKS, BARC and RIO.
 
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Novice here, in terms of process. Is trading with a Halifax share dealing account a bad idea, especially if you want to sell shares quick. Do I need a broker via the phone if I'm handling volatile shares?
 
smokedog said:
Novice here, in terms of process. Is trading with a Halifax share dealing account a bad idea, especially if you want to sell shares quick. Do I need a broker via the phone if I'm handling volatile shares?
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if you want to execute an order very quickly then speaking to someone over the phone is quite clearly not the way to do it. (obv neither is the sharebuilder scheme or whatever it is that halifax offers - ideal for a small investor though I'd have thought)

Only real reasons I could think of as a private investor to use a phone are:

a) you're an old person who doesn't understand computers
b) you're rich and you want someone to fluff you a bit and give you advice
c) you're really really rich and want to execute some stupidly large order

also are you sure you know what you're doing - you start off stating you're a "novice" then make a statement that implies you want to basically have a gamble...

Perhaps try spread betting but be aware you'll very very likely blow your account up.
 
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