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Trading the stockmarket (NO Referrals)

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

  1. BennyC

    Capodecina

    Joined: Sep 25, 2006

    Posts: 13,832

    The liquidity is definitely attractive

    This, or sell one and not the other if you wanted to keep some property.

    GDR @ 195 + 45%
     
  2. Minusorange

    Soldato

    Joined: Nov 25, 2005

    Posts: 5,402

    What's causing European markets to be down 3-4% today ? Surprising when most news is focused around easing of lockdowns and generally better news related to the virus when it comes to deaths
     
  3. Skeptic

    Mobster

    Joined: Oct 18, 2002

    Posts: 4,049

    Location: UK

    Fewer deaths because people are at home. No real positives about a vaccine etc. Tell me how this doesn't become a major problem again - and repeatedly - when the lock down is lifted? I think the market is adapting to the reality of the numbers, and that the irrational exuberance of recent weeks is exactly that. FOMO investors may well have a major rug pull coming soon - not the -7% days, but the slow decay of their finances over a prolonged downward trend.

    Or +5 tomorrow, who knows.
     
  4. dod

    Mobster

    Joined: Oct 31, 2002

    Posts: 3,835

    Location: Inverness

    Can you buy that on 212trading? I can't find it on there at all?
     
  5. EddScott

    Sgarrista

    Joined: Oct 18, 2002

    Posts: 8,231

    Location: Pembrokeshire

    Enjoying the GDR ride. Funny how you wish you'd put in more to the good'uns and less in to the laggers :)
     
  6. kiteloopy

    Mobster

    Joined: Apr 13, 2008

    Posts: 2,637

    Location: Notts / Reading

    Argh, I regret selling my stake in GDR now - amazing rise this morning.
    Still, I sold with a huge % over my initial investment. I was getting greedy. Oh well.
     
  7. BennyC

    Capodecina

    Joined: Sep 25, 2006

    Posts: 13,832

    I don't use 212 but know they are limited in what they offer.

    Hindsight, could sit here wishing that I'd taken a 5 figure YOLO on 2200% :p

    Crazy, Thursdays drop just triggered my stop-loss for around 90% of my holding which annoyed me slightly despite still clearing a decent return especially given the time frame.

    I was waiting for more of a drop this morning but with news edging closer I topped up about 45 minutes before it spiked.
     
  8. dod

    Mobster

    Joined: Oct 31, 2002

    Posts: 3,835

    Location: Inverness

    Thanks
     
  9. macuser

    Hitman

    Joined: Feb 3, 2004

    Posts: 631

    Hope some of you bought into BEG over a month ago, price has nearly doubled.
     
    Last edited: May 4, 2020
  10. Marvt74

    Capodecina

    Joined: Feb 20, 2004

    Posts: 14,184

    Location: Higher Walton

    My old firm, they were about 60p when i worked there!

    Glad to see they're doing well.
     
  11. Skeptic

    Mobster

    Joined: Oct 18, 2002

    Posts: 4,049

    Location: UK

    Nice late reported buy of £100k in AAZ on Friday. Back on the up! Follow the money...
     
  12. nsYZY

    Associate

    Joined: Jan 27, 2017

    Posts: 36

    Location: Manchester

    Can anyone please recommend a good Broker suitable for the UK with a decent platform?

    have used Plus 500 and 212 but want something with a larger market

    don’t like interactive brokers

    Have used TradeZero and TDameritrade when I lived in the US but can’t use here

    thank you
     
  13. Ironic Namesake

    Soldato

    Joined: Oct 18, 2002

    Posts: 6,934

    Location: Kuala Lumpur, Malaysia

    I was going to say IB, probably widest choice out of all the brokers out there.

    You can use the likes of captrader too - slightly higher fees but lower minimum requirements (but same software etc. as IB, they're a reseller)

    I'm sure TDAmeritrade accept international customers, I use them too.
     
  14. Mikeey

    Gangster

    Joined: Mar 5, 2009

    Posts: 148

    European bourses playing catch up from being shut on Friday.
     
  15. keylion

    Gangster

    Joined: May 17, 2003

    Posts: 427

    Location: Lancashire

    Have a look at IG as well. If you trade 3+ times per month the trade fees are £3 on UK shares and free on US shares although there is a 0.5% comission on the currencey exchange, although you can load up your account in other currencies if you wish.
     
  16. silversurfer

    Capodecina

    Joined: Jul 13, 2004

    Posts: 18,934

    Location: Stanley Hotel, Colorado


    You can make more outside residential sure but its a question for a financial advisor really. The obvious point is lower security while taking higher risks. Gains in markets can be lumpy, oil should be a safe investment and look at it now. Safe as houses in UK with its growing population I dont think is far wrong. Its way easier to mess up in the wider investment market, redirect returns from safe into risky stuff.

    https://www.morningstar.co.uk/uk/funds/snapshot/snapshot.aspx?id=F0GBR069T2
    Closest thing I got to a tech fund despite having one ages ago and buying Cisco on their big sell off and unpopular Intel, I didnt hold them enough :o I should probably aim to increase a holding here or examine it better with that intent

    Is GDR very risky, its so tiny it would rise just from any publicity effect I guess.

     
    Last edited: May 5, 2020
  17. 413x

    Capodecina

    Joined: Jan 13, 2010

    Posts: 18,746

    Location: Cardiff

    As of yesterday I'm all in for what I have held back for stocks
     
  18. King4aDay

    Mobster

    Joined: Sep 4, 2003

    Posts: 4,253

    Location: Cornwall

    Hi all,

    After some opinions on what currency to trade in (as opposed to trading currency!).

    At the moment I've got a trading 212 account in gbp, with a mix of US and UK stocks. It struck me that it might make more sense to have a separate USD account for the US stocks, given potential exchange rate fluctuations when brexit happens.

    What do you think? What currency do you guys trade with?
     
  19. DireEmblem

    Hitman

    Joined: Aug 25, 2008

    Posts: 711

    I'm not sure this makes sense. If you hold US stocks in a GBP trading account, and US stocks in a USD trading account, as long as you hold the same line, it makes no difference to the global value of the shares which account you have them in. If you are planning on trading during periods of volatility, then yes it might make sense to have a USD account to avoid the FX spread on the buy/sell side if you are forced to repatriate against GBP each time.
     
  20. EddScott

    Sgarrista

    Joined: Oct 18, 2002

    Posts: 8,231

    Location: Pembrokeshire

    I'm afraid I'm going to show my ignorance here but how do folk find out how many buys and sells are being made on a particular stock. I've read on other forums folk discussing "big sells" or "big buys" - just wandered where they see that information.