Trading the stockmarket (NO Referrals)
- Thread starter mcast123
- Start date
Permabanned
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- 1 Jun 2004
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If you actually know what you're doing you'll be as welcome here as a fart in a spacesuit. Dowie seems to be overlord here and pretty much seems to think nobody knows more than him. I tried to come here a few years ago to educate people and just got called a liar so I don't bother.
Didn't do as well as you today, but nevermind. I'd take your knowledge elsewhere where it will be more appreciated. Drop me an IM if you fancy a chat.
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Permabanned
- Joined
- 1 Jun 2004
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Thanks.
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I will PM you about green line which was my entry point once it crossed with LUV.
http://imgur.com/h16KjLI
There was also another way to enter this trade and worked as good as green line.
http://imgur.com/h16KjLI
There was also another way to enter this trade and worked as good as green line.
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just out of curiosity are people living from this ?
I'd be interested in this too!
missed this post - yes though generally it isn't quite the same as trading live but more of an approximation to it
with spreadbetting firms and supposed FX 'brokerages' you might well end up getting trades executed without any slippage in circumstances where, if you'd been trading live, the price might have moved against you. Same with delays in getting filled live vs on a sim.
for sims that are based on an actual underlying live market - stocks, futures etc.. you'll probably be trading with filtered data and if you're using limit orders then the simulator has to guess where your order would be in the queue at the exchange and try to approximate when it would get filled if you were trading live. This can give unrealistic expectations if trades are often filled/executed on the sim in situations where you'd not have got them filled trading live.
the longer the times frame you're trading in the less of a concern these differences between the sim and live trading are.
There are a variety of sims out there, diddums has recommended one from a spreadbetting firm for example, it might be better if you clarified what you were looking at doing?
Associate
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- 5 Jan 2004
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what are your views on NEXT following todays huge drop in their share prices
Any reason you chose IMTK, their accounts are terrible. Also PREM seems more of a punt share. Maybe better to look at shares with solid performance rather than gambles?
did you manage to sell and limit your loses? go back and review your decisions and learn from any mistakes made
Any good webpage for starting points for beginners? To talk me through the software to download and sites / forums to live on?
Ive been interested in this for a few years but now have the time to invest. I plan on trading nothing for the first 6 months, just learn.
Many thanks!
Ive been interested in this for a few years but now have the time to invest. I plan on trading nothing for the first 6 months, just learn.
Many thanks!
Depends what you want to do. Perhaps buy a book explaining how financial markets work initially - such as the FT guide to reading the financial pages.
Hi,
Many thanks. I've been browsing various forums all day trying to learn what i can.
I'll look at a few books also.
I supppose what my goals are is to use the trading as a part time income, replacing my pension eventually.
Associate
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- 28 Feb 2013
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It's probably wise not to trade with real money for a while, especially seeing as there is considerable turmoil to be expected across the markets this year - looking very likely that we may enter a bear market soon; many indices (such as S&P500, FTSE100, Russell 2000 etc) are showing classic "dome-top" patterns from their peaks last May and the trend of the markets has been eerily similar to early 2008.