Trading the stockmarket (NO Referrals)

Super Tigers said:
Strong perfomance from the FTSE today up 1%, Rolls Royce up at 7% at £3.47, I hope some people got in at the £2.70 price last week - were the shares oversold previously?
HSBC ticking along nicely at £4.11.
Click to expand...

I got in about a week-and-a-half ago at 315ish. It's been a wild ride since - down almost 15% at one point and now up 10%!

Doing well with Aston Martin and Countryside Properties too.
 
Skeptic said:
A rising tide lifts all boats!

Ludicrous money to be made and/or lost with this current market. Just make sure you have a chair when the music stops.
Click to expand...

Some of the airlines have had 100 percent gains since their lows post corona.

Very very risky to go in now.
And second wave will tank all those gains.
 
I bought IAG, I'm up 25% so far, I still think it has a way to go. If there is a second spike do you really think they will enforce a second lockdown? I don't think the government will.
 
Also in with IAG, up about 25% as well - must have been the same time.

Best rise I have seen is Carnival, £6.20 as of 3rd April, currently trading at £13.35 - some people have made some serious money.
 
The Airlines are ones I'm avoiding at the moment. IAG has some real financial issues that they keep complaining about, EasyJet is about to fall off the FTSE100. Whilst some countries are opening boarders it's gong to be a mix of rapid tests (like in Aruba), allowing people to then get on with their business, or a 14 day quarantine like the UK.

Flying with half empty planes will be costly, but they can't increase their prices (yet) since they need to attract customers. Definitely a difficult situation in the short/medium term.

Now if air bridges get approved, then that is another matter.
 
Avoiding airlines too currently. Was tempted by AIG when they dipped to 170~.

Sold LLOY this morning for +20%, need to get in the habit of actually concreting gains from paper. Limit orders set for the re-trace. Not day trading this, rather just frequently trading, reasonably steady so hopefully rinse & repeat.
 
Done for the week, pretty much. Traded AAZ for a quick +8pc, sticking with GRG for a while (+8% currently) and riding the upward trajectory for CAML.

Those US job numbers are going to screw everything for a while. Would US stoop to taking numbers? Absolutely.
 
I'm keeping my aviva I think.
If I start trading and chasing I'll probably be burnt .

Its also 25 percent up from my buy and the 12 percent (if as before corona) would be nice

Not brave enough for airlines!
 
Does anyone follow Terry Smith? I have quite abit invested with Fundsmith. I found out he bought positions in Nike and Starbucks during the crash with Corona.
 
Yes I like Terry Smith. I wish there was a way to receive monthly fund factsheets by email when you are invested through a broker rather than direct to keep up to date easier.
 
I'm a total noob with trading but when the dive happened I took a bit more interest.. Signed up with trading 212 just because it was easy and so far so good.. 25% up across iag, Meggitt, HSBC and AA

Only fun money involved nothing serious ~1k in, tempted to sell up because I can see another dip coming.

Interesting times..
 
Been an interesting week for sure. Silly money week. Seems like most are riding a wave of optimism but I'm not sure how long it'll last. I'm another whose avoiding airlines for now (along with entertainment and leasure).

Hoping that if we see continued gains gold starts to drop in price.
 
getting a good turn off Tui at the moment,

still think its a good long term hold even at the current price
 
Has an interesting chat with a mate the other day...

He has £100,000 cash he has been sitting on whilst moving to his future house is delayed due to COVID.
6 weeks ago... He decided to learn about candlesticks on Stockopedia and is day trading Facebook, Salesforce, Microsoft, and Amazon with his £100K. Even selling other bits he has as they have ‘only made 30%’ to feed his strategy.

He reckons he is making 1% a day on average now ‘he knows what he is doing’.

I personally just hope he realises this is an exceptional market and stops doing it before he blows part of his house deposit.

I mean I have never day traded but brushing up on your trading knowledge through Stockopedia and then day trading surely can’t be a long term success strategy?!
 
Yeah very unlikely. Learning a bit about candlesticks and then cracking on is unlikely to provide him with an edge.

If he thinks he’s able to make 30k a month from this after reading a bit then he’s probably in for a rude awakening.

It’s not a good idea to daytrade with your house deposit, he might well have lost 30k instead...
 
Whilst I agree with everyone that shares are a gamble at the best of times, it doesn't take away from the fact there's good money to be made out there right now.

Currently up 25-30% on superdry, 10% on HSBC and about 20% on Lloyds.

Like most gambling you have to be willing to lose it all. I do also agree with others that there will be a second tumble after the euphoria of lockdown easing subsides. Guessing game of when to sell up now to try to avoid that!!
 
Won't be surprised to see a tumble late June when commercial rents are due. Suspect it'll be a good opportunity to buy into Landsec or British Land if you didn't buy in the previous dip.
 
I piled into airlines at the start of the whole Covid crash (I work at Ezy so follow airlines generally), and thought the value crash was overdone, and fundamentally the decent airlines would come good again. £35k between Ezy and Dart/Jet2. Cashed out on Friday with £72k so a very nice 2 months on furlough. I think they'll rise more in the medium term, but I've an house extension thats just started to pay for so cant keep the money invested too much longer and Fridays gains were too good to possibly miss. Crazy market.
 
You must log in or register to reply here.
Back
Top Bottom