Trading the stockmarket (NO Referrals)

[arknor]

dividend auto and pies auto investing just seems dumb to me.

rather manually buy when something not at it's peak for the week/month.


whatever you do don't chase after shares that get spammed around reddit, most are pump and dump not people wanting to hold.

a lot of people get burnt on them... also don't be this guy... always set a limit

He doesn't even get he was the one raising the stock

212 really need some kind of a quiz you have to pass before you can use it.
some people have no idea how it all works and then threaten ombudsman etc

 

[agnes]

dividend auto and pies auto investing just seems dumb to me.

rather manually buy when something not at it's peak for the week/month.


whatever you do don't chase after shares that get spammed around reddit, most are pump and dump not people wanting to hold.

a lot of people get burnt on them... also don't be this guy... always set a limit

He doesn't even get he was the one raising the stock

212 really need some kind of a quiz you have to pass before you can use it.
some people have no idea how it all works and then threaten ombudsman etc

Yea, people are the dumb, personally I don't have auto invest on, I just don't see the point. These are long term investments I'm making, I'm using ARK K and G pies as well as a cornerstone pie. Then I've got my own investment into bitcoin etp which honestly, I didn't expect such growth.

As for day trading, I'd not even consider it right now as I just don't know enough. People expect instant money but it's just not how any of this works.

I'll report back at the start of next month to see what returns I got over the month.

 

[PureAppleJuice]

I made a bit of a boo-boo.

I didn’t have any cash in my Fidelity account so they auto-sold one share to cover the fees for one of my ETFs.

Selling a £520-odd share to cover 99p of fees seems a bit ridiculous, not least because it will cost me a further £10 to buy it back (plus the difference in price between now and when I originally bought in).

Oh well, live and learn…

Oh no, that happened to me a while ago.

They now have a cash account for things like that.

To the chap who commented about using Fidelity - tbh, I don't have a big issue with the £10 buy/sell, if you're trading £1,000s or £10,000s it's not a big deal, and to be frank I feel 'safer' using Fidelity than T212 or other platforms, even if it is a false sense of security!

 

[arknor]

I'm using ARK K and G

I don't like the idea of these pies, feels like you would constantly be chasing the trend of ARK if your trying to replicate their holdings as they change.

ark buys something, the price goes up, everyone else buys it the price goes up.
then if ark sell it....

it's almost like a pump and dump tbh

I like the idea of the ark funds but without owning the actual fund it just seems risky to me.

you cant put a stop loss on pies either?

 

[robinson09]

Oh no, that happened to me a while ago.

To the chap who commented about using Fidelity - tbh, I don't have a big issue with the £10 buy/sell, if you're trading £1,000s or £10,000s it's not a big deal, and to be frank I feel 'safer' using Fidelity than T212 or other platforms, even if it is a false sense of security!

In my experience, coming from Hargreaves over to 212, I love it and can't believe I ever used to pay up £13 or whatever it was. Daylight robbery!

I get the safety thing though, my portfolio is only ~£5k atm. And there has been a few times I've not been able to find certain instruments available on 212

 

[agnes]

I don't like the idea of these pies, feels like you would constantly be chasing the trend of ARK if your trying to replicate their holdings as they change.

ark buys something, the price goes up, everyone else buys it the price goes up.
then if ark sell it....

it's almost like a pump and dump tbh

I like the idea of the ark funds but without owning the actual fund it just seems risky to me.

you cant put a stop loss on pies either?

Sadly not, and there in lies the risk.

 

[DireEmblem]

Auto reinvesting of dividends and topping up pies make sense to me.

People save monthly into their pensions / ISAs into funds that can charge high management fees. Why not setup a 'pie' containing assets you want to invest in, and auto top that up each month, and have any dividends reinvested for long term return.

There's plenty articles out there on the timing of markets, and most of the time for people with money out of the market, they don't get it right.

 

[RoboCod]

Pies also make sense for if one of your companies crashes/goes bust. The pie absorbs the impact and spreads the loss, rather than losing everything you put into them.

 

[arknor]

Auto reinvesting of dividends and topping up pies make sense to me.

People save monthly into their pensions / ISAs into funds that can charge high management fees. Why not setup a 'pie' containing assets you want to invest in, and auto top that up each month, and have any dividends reinvested for long term return.

There's plenty articles out there on the timing of markets, and most of the time for people with money out of the market, they don't get it right.

if you wanna invest and forget sure it's probably way better than not investing at all, so I'm not totally against it.

It's not timing the markets it's being patient.
I wanna top up MSFT it's in my pie right.
I look the graphs on various distance scales.

almost guaranteed MSFT is going to be 210-215 at some point next week
I set a limit order around 215 maybe slightly higher.

move my new shares to my portfolio when the bid is filled.
time spent about 30seconds, if you do it often you quickly learn much much your share price will jump around

trusting auto invest is like trusting the app to get you a good price when you just click buy @ market value.
your going to get robbed even if you limit it at the market value 90% of the time you get a way better price

Even a highly volatile share like tesla you can look at the last days trading and see you wouldn't have had to wait that long for the price to dip a little

 

[booyaka]

Auto reinvesting of dividends and topping up pies make sense to me.

People save monthly into their pensions / ISAs into funds that can charge high management fees. Why not setup a 'pie' containing assets you want to invest in, and auto top that up each month, and have any dividends reinvested for long term return.

There's plenty articles out there on the timing of markets, and most of the time for people with money out of the market, they don't get it right.

I'll say it again to anyone - As I say to clients for last 20 years.

Time in the markets, is better than timing the markets.....

 

[DireEmblem]

Exactly @booyaka

 

[unwashed potato!]

Is anyone concerned about tesla stock price? It makes no sense, seemingly hyped up due to fomo and easy ability for people to buy stocks these days. I can't see for one reason why he should he the richest man in the world, the gains done add up to anything sensible and every time I think we must have hit the top it rises another 100 dollar, and then another.

Surely something has got to give soon? I fear a big drop is due but when and what will cause it I don't know. I'm also expecting musk to remind everyone that the stock price is over valued to help drop it

 

[inferno]

Is anyone concerned about tesla stock price? It makes no sense, seemingly hyped up due to fomo and easy ability for people to buy stocks these days. I can't see for one reason why he should he the richest man in the world, the gains done add up to anything sensible and every time I think we must have hit the top it rises another 100 dollar, and then another.

Surely something has got to give soon? I fear a big drop is due but when and what will cause it I don't know. I'm also expecting musk to remind everyone that the stock price is over valued to help drop it

Tesla will be the biggest company in the world someday. Elon is literally changing the world. He is making rockets take off and fly back down to earth and land on platforms in the sea. Go watch one of those videos and let it sink in what he is doing. You will see why Tesla is going to wipe the floor with other vehicle and power companies.

I saw the light too late, but I am happy I have seen it at last.

 

[RoboCod]

Is anyone concerned about tesla stock price? It makes no sense, seemingly hyped up due to fomo and easy ability for people to buy stocks these days. I can't see for one reason why he should he the richest man in the world, the gains done add up to anything sensible and every time I think we must have hit the top it rises another 100 dollar, and then another.

Surely something has got to give soon? I fear a big drop is due but when and what will cause it I don't know. I'm also expecting musk to remind everyone that the stock price is over valued to help drop it

Can you substantiate your post with anything, other than your own feelings and fears?

 

[Tweek_1984]

Tesla is the biggest bubble since pets.com

Irrational exuberance, no basis in intrinsic value, hype, momentum, FOMO, greed. It's got all the hallmarks.

Interesting what it'll do to the S&P, and tens of millions of investors worldwide, when it inevitably sinks back below $400.

 

[unwashed potato!]

Can you substantiate your post with anything, other than your own feelings and fears?

Nope I can't But lessons I've learnt with my limited time. I've seen it said enough that when there's people investing because of fomo and the average person is investing, time to get out.

Tesla will be the biggest company in the world someday. Elon is literally changing the world. He is making rockets take off and fly back down to earth and land on platforms in the sea. Go watch one of those videos and let it sink in what he is doing. You will see why Tesla is going to wipe the floor with other vehicle and power companies.

I saw the light too late, but I am happy I have seen it at last.

Is this tesla or Elon musks other projects?

I hope it keeps going up, but it worries me. It makes no sense as to why its this high. What would cause it to go up 9 percent tomorrow? Like what is going to happen to cause that? Good news, great order sheet they reveal? What? It seems its only going to be because more people put more cash in it tomorrow and then that pushes it up. No reason other than its hot stock that's making people money and plenty follow.

Show me wrong I'm happy to be shown that.

 

[Barks]

Is anyone concerned about tesla stock price? It makes no sense, seemingly hyped up due to fomo and easy ability for people to buy stocks these days. I can't see for one reason why he should he the richest man in the world, the gains done add up to anything sensible and every time I think we must have hit the top it rises another 100 dollar, and then another.

Surely something has got to give soon? I fear a big drop is due but when and what will cause it I don't know. I'm also expecting musk to remind everyone that the stock price is over valued to help drop it

It's completely overvalued but it could still go a fair bit higher. I think I read Michael Bury (the guy who made a mint from shorting the mortgage market before the GFC) has recently opened a short position which is quite telling.

The sad truth is a lot of retail investors have discovered investing this year due to lockdown and they've traded in an environment of ever increasing prices thanks to central bank asset purchase programmes. A lot of people are going to lose a lot of money when market conditions deal with stimulus withdrawal. There's an eye watering amount of risk and leverage being taken by retail investors, idiots maxing out credit cards in the US to invest in stocks (Tesla), for example.

 

[DarrenM343]

Tesla is the biggest bubble since pets.com

Irrational exuberance, no basis in intrinsic value, hype, momentum, FOMO, greed. It's got all the hallmarks.

Interesting what it'll do to the S&P, and tens of millions of investors worldwide, when it inevitably sinks back below $400.

Mad isn't it? I'll ride it for all it's worth but I still think it's vastly overvalued and likely going to come back to reality. Been saying that for a while and still continues to rise.
1500+ P\E ratio now, a massive expectation but I don't think retail cares. TEsla should raise as much capital as he can IMO while the going is great, for R&D.
Atm it's looking like a potential blow off top but who knows

 

[mid_gen]

There'll be a big blowout sometime soon. I thought we might have a year or so of steady growth but everything has gone irrational, when you're seeing more and more people starting to want to invest....alarm bells.

I was right when I pulled all money out of the markets at the end of 2019 when we were going into similarly dangerous territory.

The markets now are just waiting for the trigger....plenty of potential things on the horizon.

A new Covid variant that is resistant to current vaccines.

Trumpists in the US setting off bombs or otherwise escalating their violence.

I'm not all out now, just 50% cash. Will dip in and out if I see an opportunity. Otherwise I'm going to wait for the coming correction. Loooots of retail money in the markets now that will panic once it starts.

 

[platinum87]

It's completely overvalued but it could still go a fair bit higher. I think I read Michael Bury (the guy who made a mint from shorting the mortgage market before the GFC) has recently opened a short position which is quite telling.

That's fake news, burry does not announce his trades.

His trades are looking for high level value, he is probably investing in travel companies now, airlines and so forth, along with travel based retail, and probably oil