Trading the stockmarket (NO Referrals)

on H&L ISA at present mostly in all the bio and pharma tech. Looking at oil , what should I be looking for outside of BP , are these WTI'a in Oil or something else

WTI (or Brent) is traded as futures contracts and there’s no spot price, there’s ETFs which track the oil price (such as USO) but those suffer from contango - more so now than ever.

The oil price isn’t that cheap in future months and there’s a massive difference from the front month (now June) so it’s probably best to stay away and stick to the likes of BP etc.
 
I've watching markets since early 90's and its not many people who should be thinking about commodity and forex trading, lots of pitfalls to get caught on. Just trading BP or RDSB or imo the FTSE is good enough and if life distracts you from proper attention its not wrong to just hold them (unit trusts is better then just picking one share).
As we've seen contracts have extreme dynamics. One USA trader did say he prefers small accounts to buy options, they either lose it all or see a profit on their premise as it never drags on for them so in terms of learning he believed this to be superior, he was addressing someone with over 30k capital spare in that case though.

Goto Naked Trader or Robbie Burns via google, buy his book etc and that'll give lots of basic info. He used to be journalist before realising he has something of the killer instinct required to trade and not have the market trade you as most private investors fall prone to. AFAIK he is a million in profit, havent looked recently but he is for real from zero to hero and honest about stupid losses that happen normally.

If you're gonna use a bucket shop then IG index have been around for a while and are one of the biggest. I think that crypto place is probably aimed at Americans etc.. as bucketshops (aside from FX) are illegal in the states. If you're UK based then there are plenty of regulated places that can offer you a two way quote on a variety of stuff and some leverage.
I'd generally agree with that and the kinda bonkers thing is to IG index or any similar UK regulated 'bucket shop' or spreadbet place is they back your money up same as a bank account. If the company misjudges a price so badly (Swiss fix or this oil mess etc.) or in some way fails and cannot honour your account balance properly then eventually it would be returned to you via regulators like any bank failure. This happened years back for me, the company was generous enough to give £500 for signing up but also not well run.
Sadly EU banned such things but theres no doubt these operations make a lot of money on margins, spreads and just betting against the punters as do a lot of betting firms.
I see no reason not to hold IGG as a benefactor of this volatility. I'd rather buy them cheaper as I had previous but its reasonable long term imo

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https://twitter.com/TheStalwart/status/1253034442022584320
 
I've watching markets since early 90's and its not many people who should be thinking about commodity and forex trading, lots of pitfalls to get caught on. Just trading BP or RDSB or imo the FTSE is good enough and if life distracts you from proper attention its not wrong to just hold them (unit trusts is better then just picking one share).
As we've seen contracts have extreme dynamics. One USA trader did say he prefers small accounts to buy options, they either lose it all or see a profit on their premise as it never drags on for them so in terms of learning he believed this to be superior, he was addressing someone with over 30k capital spare in that case though.

Options are too useful to ignore especially if you hold the underlying - can make decent amount of income on the side selling options against positions, so in those cases a separate portfolio isn't really possible unfortunately.

But what I'm seeing recently, is guys going pretty much all in with their account on single trades which is insane - some cases the returns are great ... in other cases they blow their whole account up!

ZM up some 9% today - $46B market cap now, one of the contracts I sold is now ITM so that'll increase my short position.

Active users increased to 300 million .. I guess time will tell how much this has increased their revenue (a huge % of those will be using the free service) vs. operating costs
 
Haha, the Trading212 referral scheme is pretty bogus. They say "Do you want to get a free stock share worth up to £100?" and then give you an Under Armour share worth $9.89 lol.
Was that you that signed up with mine then as I got that yesterday? Thanks if so.

Wouldn't say its bogus but not the best example. Hopefully they head back to 2015 levels :p
 
Zoom Pre-market @ $176.

I sold at a loss after fees as I didn't think it would go much beyond 150.

Who said they were shorting? When does it expire? (If I have understood shorting correctly :) )
 
I'm hearing some things re my VAST investment, one of the things they are waiting for is a final signoff re diamonds which is going to be huge. I'm hearing its very soon. Might be worth a look to someone on here.
 
Who said they were shorting? When does it expire? (If I have understood shorting correctly :) )

When does what expire? It depends what you're talking about/what you're trying to understand.

Just as a quick overview:

Shorting the stock itself simply involves borrowing some shares and selling them with an obligation to return them in future - you can hold that position for as long as you're able to borrow those shares... you'll pay to borrow them though thus the person lending the shares (generally a fund), gets to earn from making them available to short sellers... in fact the fund management company often pockets a nice hefty fee themselves before passing on the income generated to the fund itself (the client's money/investments).

But that isn't the only way to short a stock - that's what happens with US stocks but in the UK we have stamp duty so as a retail punter you'd perhaps make use of a CFD or spread betting to trade UK equities, these can be held for as long as you like though there are fees applied and they can be deceptively expensive. The typical CFD or SB firm would be illegal in the US they used to have basically the same sort of firms there over 100 years ago called bucket shops. Obviously they didn't have the internet back then but they did make use of (modern) at the time communication methods - they'd have an actual shop and a ticker tape/price feed giving regular updates of stock prices which some boy would then read from the tape and update the stock prices on big board. They weren't proper brokerages but rather they were essentially offering bets and would basically "bucket" the trades rather than actually execute any of them on the exchange - they'd offer leverage and were popular with mug punters thus most clients ended up losing money.

US brokers as well as not having to deal with stamp duty and offering the ability to short stocks will tend to offer some leverage - they have rules in place against day trading unless you have an account above a certain size or have passed some professional exams - some day traders basically sit exams and are then able to bypass the rules use loads of leverage and then lose their shirts anyway...

There are of course other ways to short stocks using futures and options - there are single stock futures and they have an expiry - I guess you could think of them as being similar to spread bets or CFDs in some ways, except they're exchange traded and don't come with additional fees (beyond the clearing/brokerage fees when buying and selling).

Options can of course used to create a short position too - buying a put is a short position (as is selling a call). There are other positions you can create by combining options and of course there are different types of options that exist beyond the vanilla options generally traded on exchanges... at one point various bucket shops in the UK were promoting "binary bets" (essentially binary options) to mug punters for example (not a good idea).
 
I like the idea of options but I believe its more complex then it appears because people need to combine trades to target a price, but the idea of limited or known risk to the trade seems great. Being wrong a lot would be costly involvement vs just holding unit trusts and proving right over years but not other time frames.
Gold was wrong for so long, it seemed to lose the negative trend a few years back but relapsed and gave some opportunity to be bullish (on not making a new low). I know its reasonable to look for regular positive uptrend and it'll reset and shake people off while still being valid longer term. Hopefully I can spot the peaks and troughs and Iam actually correct on the premise. Surprise to the upside would be a nice turn it hasnt seen in a decade perhaps, low oil should be helpful to margins for this year at least.
CEY went 90 to 167 just recently AAZ 90 ish to 136 now probably lots more. Ideally I'll reduce singular stock holds with perfect timing :p, keep the unit trust to manage itself and also its accumulative. possible +60% is bonkers really, its not that high risk imo
 
When does what expire? It depends what you're talking about/what you're trying to understand.

Just as a quick overview:

Shorting the stock itself simply involves borrowing some shares and selling them with an obligation to return them in future - you can hold that position for as long as you're able to borrow those shares... you'll pay to borrow them though thus the person lending the shares (generally a fund), gets to earn from making them available to short sellers... in fact the fund management company often pockets a nice hefty fee themselves before passing on the income generated to the fund itself (the client's money/investments).

But that isn't the only way to short a stock - that's what happens with US stocks but in the UK we have stamp duty so as a retail punter you'd perhaps make use of a CFD or spread betting to trade UK equities, these can be held for as long as you like though there are fees applied and they can be deceptively expensive. The typical CFD or SB firm would be illegal in the US they used to have basically the same sort of firms there over 100 years ago called bucket shops. Obviously they didn't have the internet back then but they did make use of (modern) at the time communication methods - they'd have an actual shop and a ticker tape/price feed giving regular updates of stock prices which some boy would then read from the tape and update the stock prices on big board. They weren't proper brokerages but rather they were essentially offering bets and would basically "bucket" the trades rather than actually execute any of them on the exchange - they'd offer leverage and were popular with mug punters thus most clients ended up losing money.

US brokers as well as not having to deal with stamp duty and offering the ability to short stocks will tend to offer some leverage - they have rules in place against day trading unless you have an account above a certain size or have passed some professional exams - some day traders basically sit exams and are then able to bypass the rules use loads of leverage and then lose their shirts anyway...

There are of course other ways to short stocks using futures and options - there are single stock futures and they have an expiry - I guess you could think of them as being similar to spread bets or CFDs in some ways, except they're exchange traded and don't come with additional fees (beyond the clearing/brokerage fees when buying and selling).

Options can of course used to create a short position too - buying a put is a short position (as is selling a call). There are other positions you can create by combining options and of course there are different types of options that exist beyond the vanilla options generally traded on exchanges... at one point various bucket shops in the UK were promoting "binary bets" (essentially binary options) to mug punters for example (not a good idea).

Thank you for the very detailed explanation :)

I must add - it isn't something I'm doing, I just saw someone mention they had for Zoom on this forum :)
 
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