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Trading the stockmarket (NO Referrals)

Discussion in 'General Discussion' started by mcast123, 2 Apr 2009.

  1. Streetlight

    Hitman

    Joined: 5 Dec 2010

    Posts: 618

    Location: The Moon

    Views on AMD?

    Share price is around 2.32, fancy some up move over the next few years if they pull there finger out. Or the yearly highs of 4.xx

    Stop around 1.5, all time low of 1.78
     
  2. Make

    Wise Guy

    Joined: 28 Aug 2013

    Posts: 1,216

    Sounds like you like gambling, as none of this information has anything to do with their earnings, products, or future outlook.

    I would not invest in a company with increasing debt and decreasing cashflows.
     
  3. Django x2

    Capodecina

    Joined: 28 Sep 2008

    Posts: 13,701

    Location: Britain

    Hoping you're all still in CPX...;)

    This is good for me as I needed a 20% house deposit :p
     
  4. Diddums

    Capodecina

    Joined: 24 Oct 2012

    Posts: 20,786

    Location: London

    Holy moly :eek:


    Out of curiosity, have you (or anyone else for that matter) had losses to counter this or is this a good bounce for you guys?

    I'm genuinely interested in this but am at a bit of a loss atm. What's a decent amount of capital to begin with?

    Ideally I'd like a "stable" side, ie. not very volatile stocks, but also a more risky side.
     
  5. Django x2

    Capodecina

    Joined: 28 Sep 2008

    Posts: 13,701

    Location: Britain

    If you're unsure and happy to day trade, £1k to £3k of cash you don't mind disappearing is probably a good place to start. CPX today has been thrashed by the MMs for large deals, occasionally dropping back down to 4.10 and within seconds, back to 6.20 or so.

    I had a wadge in BOOM and NCT (the latter has still been a big climber for me, buying in at 0.19), but nothing like CPX. Partly due to news. NCT are due official in 10 days or so but CPX are up based on a tangible product. I was just fortunate enough to buy in on this at 0.9 in March.

    I'll let you do the maths ;)
     
  6. Diddums

    Capodecina

    Joined: 24 Oct 2012

    Posts: 20,786

    Location: London

    Cool, thanks.

    I have started saving a bit of cash on the side completely separate from my regular income. Mainly matched betting at the moment and whatever else I can scrounge or gather but the pot is growing. Once I've got a few k I'll post in this thread for a bit of advice but suffice to say I consider it gambling money, ie. I can afford to lose it.
     
  7. mattyg

    Sgarrista

    Joined: 17 Jun 2007

    Posts: 8,319

    Still looking good.
     
  8. jmhduck

    Wise Guy

    Joined: 26 Jan 2005

    Posts: 1,796

    Location: Cheltenham, UK

    New world oil and gas are an interesting story re:massive short squeeze occurring. Up 500% since Wednesday. I have no idea where the share price will go, however might be interesting to look at. Extremely high risk though.
     
  9. shaank

    Wise Guy

    Joined: 11 Oct 2009

    Posts: 2,490

    Location: Edinburgh

    Extremely high risk though


    ^ this.


    So many people I know have been burned badly on this, such is AIM of course.
     
  10. savagesam117

    Soldato

    Joined: 18 Mar 2012

    Posts: 5,167

    Location: Eastbourne

    I'd like to get into stocks, I know it's a very risky business but where should i look in how to go about doing it? I always get this trading 212 thing coming up, is it worth the free trial to see how it works?

    Any help would be appreciated :)
     
  11. peterwalkley

    Mobster

    Joined: 23 Feb 2009

    Posts: 3,997

    Location: South Wirral

    Buy the Naked Trader book before looking at any trading - even on a demo account.
     
  12. dowie

    Capo Crimine

    Joined: 29 Jan 2008

    Posts: 53,032

    looks like a CFD provider, doesn't seem to be a particularly big firm - just 7 approved persons... maybe look at some reviews and compare to other CFD providers

    if you're going to be trading CFDs then why not a firm that provides you with more of a direct market access facility - interactive brokers and IG markets provide this the former is the cheaper of the two (there maybe others worth looking at too)
     
  13. savagesam117

    Soldato

    Joined: 18 Mar 2012

    Posts: 5,167

    Location: Eastbourne

    Okay, i'll have a look. Thanks.

    CFD? IG markets? English please. I literally have never even looked at a stock market or anything before. Apart from when i accidentally google 'Google' on Google and it pops up :D
     
  14. jmhduck

    Wise Guy

    Joined: 26 Jan 2005

    Posts: 1,796

    Location: Cheltenham, UK

    Google ironically is your friend ;-). CFD = Contract For Difference, basically they're a way of leveraging (increasing risk/reward) your funds to make/lose money. I.E. shares go up 10% you could double your money, down 10% lose all of it.

    IG Markets are a company who will allow you to trade CFDs. I highly recommend not using leverage until you understand the risks. Read this story for some insight into what can happen (although this type of move in currency is extremely rare). http://uk.businessinsider.com/ig-group-traders-say-swiss-franc-boom-cost-them-millions-2015-4
     
  15. teenwolf

    Mobster

    Joined: 25 Jul 2010

    Posts: 4,006

    Location: poop... letterbox

    any tips on upcoming shares to buy into ?
     
  16. jmhduck

    Wise Guy

    Joined: 26 Jan 2005

    Posts: 1,796

    Location: Cheltenham, UK

    The AIM casino, where you can win big and lose big - and I've definitely lost some money over the years! Sorry to hear that, I was very lucky to have taken some profits and halved my stake the morning before the big crash. I'm trying to resist taking out the last few shares I have so that my no vote counts at the EGM.

    I think the board should be hung, drawn & quartered for such blatant mismanagement. What type of board announces an open offer 10x below the current share price, they could've at least of tried for 0.4p etc.
     
  17. jmhduck

    Wise Guy

    Joined: 26 Jan 2005

    Posts: 1,796

    Location: Cheltenham, UK

    Two shares I like at the moment and am invested in:

    If you're investing not trading:
    BKG, cheap on fundamentals, good dividend and good momentum.

    More speculative better risk/reward:
    XTR, lots of good news recently&interest. Low forward P/E (by my calculations) at the current price.
     
  18. teenwolf

    Mobster

    Joined: 25 Jul 2010

    Posts: 4,006

    Location: poop... letterbox

    thanks.
    what site do you use to purchase shares ?
     
  19. dowie

    Capo Crimine

    Joined: 29 Jan 2008

    Posts: 53,032

    :confused: you linked to a firm that offers CFD trading and asked if they were worth a free trial, now you're asking what a CFD is?

    http://en.wikipedia.org/wiki/Contract_for_difference

    Its like asking whether you should open an account with full tilt and then, when you get a reply from someone, asking what texas hold 'em is.

    What are you actually trying to achieve - just investing some money? Actively speculating/trading etc?
     
  20. dowie

    Capo Crimine

    Joined: 29 Jan 2008

    Posts: 53,032

    best tip is: don't listen to tips