Trading the stockmarket (NO Referrals)

PCDAVE2 · 18 Feb 2021 at 18:39

413x said:
Are we starting to see a bit of a correction creep in?
Almost everything in the red

Probably another pullback as bond yields rising and inflation talk put things into reverse along with the US jobless figures...larger UK sell off due to $ weakness today.

Maccapacca · 18 Feb 2021 at 18:43

Vanilla · 18 Feb 2021 at 18:46

tlrBeta said:
Looks like you found the answer I also used Primary Bid.

I have opened up a standard HL share account for the shares to appear into early March.

I just went back to it - the IPO is closing in 10 minutes on primarybid. Closing early, clearly oversubscribed

Minusorange · 18 Feb 2021 at 18:49

Rep David Scott has no place on this committee with those kinds of questions

englishpremier · 18 Feb 2021 at 18:50

Maccapacca said:

Yet it's funny how often these 'internet strangers' are correct vs professionals, tipsters and journalists.

I've probably made more money from looking into stocks suggested here and a lot more from some on other forums, than I have by looking into and investing in stock by tipped by so-called professionals.

413x · 18 Feb 2021 at 19:02

englishpremier said:
Yet it's funny how often these 'internet strangers' are correct vs professionals, tipsters and journalists.

I've probably made more money from looking into stocks suggested here and a lot more from some on other forums, than I have by looking into and investing in stock by tipped by so-called professionals.

Motley fool is the worst.
They will have an article saying buy and the next day saying not to buy.

I couldn't say if its. More wrong than right but usually feels wrong

Vanilla · 18 Feb 2021 at 19:14

413x said:
Motley fool is the worst.
They will have an article saying buy and the next day saying not to buy.

I couldn't say if its. More wrong than right but usually feels wrong

Literally the worst. All they are doing is trying to sell their paid content, stock tips, etc. It's clickbait.

413x · 18 Feb 2021 at 19:17

Vanilla said:
Literally the worst. All they are doing is trying to sell their paid content, stock tips, etc. It's clickbait.

My favs are 'don't buy x, invest in these 5 stocks to become a millionaire'

Hyburnate · 18 Feb 2021 at 19:20

Today and yesterday has been terrible for me

Martynt74 · 18 Feb 2021 at 19:37

silversurfer said:
Solarwindow looks interesting but wasnt listed when I looked. What kind of efficiency can they get

Bought BP at 270 maybe 260 tomorrow, hope it swings higher medium term. Add SUPP PMG RR
Barc outdid Lloy and pay 1p a share with 4p of share buy backs this year apparently. I already sold them too pessimistic
https://finance.yahoo.com/news/barc...ovid-19-coronavirus-jes-staley-071655166.html

Does anyone buy GENL or GKP even

https://www.hl.co.uk/shares/share-research/202102/barrick-gold-strong-prices-boost-earnings?utm_source=Silverpop&utm_medium=email&utm_campaign=E00RN&utm_content=Share research&theSource=E00RN&Override=1&cid=halDM167191&bid=654620695&e_cti=509710&e_ct=T&utm_source=AdobeCampaign&utm_medium=email&utm_campaign=E00RN_Share research update_new_Research_OPTINS_18.02.21&theSource=E00RN&Override=1

http://t.email.hl.co.uk/r/?id=h2704b817,397f2afd,397f44eb&cid=halDM167191&bid=654620695&e_cti=509710&e_ct=T&utm_source=AdobeCampaign&utm_medium=email&utm_campaign=E00RN_Share research update_new_Research_OPTINS_18.02.21&theSource=E00RN&Override=1

I had GKP back in around 2014 but gave up waiting for it to hit its potential. If I recall they had a lot of oil reserves tied up in Sudan and couldn’t get it out or something like that.

You think they look good?

Vanilla · 18 Feb 2021 at 19:40

GKP! My cousin was trading that heavily back in 2010-12! Blast from the past. Looks like it rocketed and died

Kreeeee · 18 Feb 2021 at 20:01

Hyburnate · 18 Feb 2021 at 20:08

Kreeeee said:
This is the test that most investors fail.

Wait so because I put more in, I'm a true investor?

I just lowered my avg entry on long holds.

Kreeeee · 18 Feb 2021 at 20:21

Krono5 · 18 Feb 2021 at 20:22

Hyburnate said:
Wait so because I put more in, I'm a true investor? I just lowered my avg entry on long holds.

I just sold almost everything and now have 65% of my portfolio in Palantir, the rest in NIO/XPEV buying the dips. Risky but I can't see PLTR dropping below the $25 resistance, especially with people like ARK Invest doubling their position around $28.

neviditelny · 18 Feb 2021 at 20:29

Kreeeee said:
Then it’s clearly not an issue for you to stick to your plan, but for a lot of beginner investors multiple red days across the board causes panic.

I remember during the early days of Bitcoin I panicked and sold on the first big drop. I learned a valuable lesson for a very cheap price on that day.

It’s not about putting more in and being a “true” investor, it’s whether you can stick to your plan when the planned for bad scenarios materialize.

Luckily I'm investing mostly in funds at the moment and even though the last couple of days have gone back quite a bit I'm going to hang in there long term anyway. The funds are looking promising so I'm not going to panic yet (I've not got much in them yet though so not losing much if things goes too bad).

DireEmblem · 18 Feb 2021 at 21:19

I'm tempted to forget stocks for a bit and top up funds as happy to leave them. That being said, someone will probably give me a stock tip tomorrow that I will like so

The one annoying stock I have at the moment is BIDStack. I really like the concept, and the head honcho is pretty smart, but 100% not a people person and comes out with some corkers in their RNS feed!

CHRY annoyed me the other day too. I really liked the fund, but announcing you are going to raise an extra 600m shares when there are currently only 400m in issue, because you see good investments in the pipeline, but cant announce what they are. It could potentially shift the weightings of all the companies in the fund, so as a result I sold to crystallise my gain. I will review again in April.

CERES power is an odd one too. Seems to like to hover between £1200 and £1600 a share right now. Its a bit like what will it be worth tomorrow?

mid_gen · 18 Feb 2021 at 21:26

Hyburnate said:
Today and yesterday has been terrible for me

Today was a buying day! Topped up several holdings.

BennyC · 18 Feb 2021 at 21:50

yogibear88 said:
Been a few rumours going round surrounding various tax changes including CGT and pension tax relief. Likely if they do raise CGT rates it would be in line with your income tax bracket so 45% could be the highest level of CGT due.

They better not touch pension tax relief! I think that one often goes around as an easy target but touch wood little ever seems to come of it. Taking good advantage of that lately and IIRC hundreds of millions (if not more) go unclaimed each year.

413x said:
Are we starting to see a bit of a correction creep in?
Almost everything in the red

Don't think so, just looks like a few down days to me.

Vanilla · 19 Feb 2021 at 01:35

BennyC said:
They better not touch pension tax relief! I think that one often goes around as an easy target but touch wood little ever seems to come of it. Taking good advantage of that lately and IIRC hundreds of millions (if not more) go unclaimed each year.
.

That was on the table.

Apparently they have asked people to look into CGT. However, it doesn't' deliver that much revenue and may scare away investors and force people out.

I was watching the news and it did flash up that the government was being begged to NOT raise taxes. It also said that drivers may be in for a hard time RE: petrol tax. Seems sensible, it's a cash cow, it affects all a little and it encourages ppl to go electric.

Trading the stockmarket (NO Referrals)

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