matbat
New Member
Posts โข 520
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December 2006
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ONLINE SHARE DEALING HELP, by matbat on Jan 25, 2008 19:26:57 GMT 1, hi,
Im interested in getting into dealing shares from my computer at home as i freelance and have alot of spare time and bulk savings of cash to invest.
thanks,
matt
hi,
Im interested in getting into dealing shares from my computer at home as i freelance and have alot of spare time and bulk savings of cash to invest.
thanks,
matt
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Dellboyy
Artist
Junior Member
Posts โข 2,729
Likes โข 270
October 2006
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ONLINE SHARE DEALING HELP, by Dellboyy on Jan 25, 2008 19:33:06 GMT 1, I believe Halifax has a good service that makes it easy to buy sell etc... i've never used it myself though!
I believe Halifax has a good service that makes it easy to buy sell etc... i've never used it myself though!
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bill
New Member
Posts โข 444
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November 2007
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ONLINE SHARE DEALING HELP, by bill on Jan 25, 2008 19:35:25 GMT 1, Good luck with that... Tough time to make money with all of the uncertainty
Good luck with that... Tough time to make money with all of the uncertainty
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curiousgeorge
Junior Member
Posts โข 5,833
Likes โข 1,091
March 2007
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ONLINE SHARE DEALING HELP, by curiousgeorge on Jan 25, 2008 19:53:21 GMT 1, I would give a fake/trial account a go first, this would give you the option of learning about the game without risking any 'bulk savings of cash'
Plenty of money to be made even in these uncertain time
I would give a fake/trial account a go first, this would give you the option of learning about the game without risking any 'bulk savings of cash'
Plenty of money to be made even in these uncertain time
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bill
New Member
Posts โข 444
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November 2007
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ONLINE SHARE DEALING HELP, by bill on Jan 25, 2008 19:56:54 GMT 1, Agree, but now is a time the someone should not risk savings in... IMO Even some of the best traders in the world are getting crushed.....
Agree, but now is a time the someone should not risk savings in... IMO Even some of the best traders in the world are getting crushed.....
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curiousgeorge
Junior Member
Posts โข 5,833
Likes โข 1,091
March 2007
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ONLINE SHARE DEALING HELP, by curiousgeorge on Jan 25, 2008 20:34:08 GMT 1, Sorry..I should have added only use money you can afford to lose. Don't put all the eggs in one basket 
www.iii.co.uk
www.advfn.co.uk
www.fool.co.uk
Once you start to trade for real:
1 - be strict with yourself. There is NO room for sentimentality.
2 - Learn the fundamentals of a 'Stop Loss System' and STICK TO IT! It will save you losing your shirt in 90% of cases.
3 - Never buy on rumour or gossip. By the time this information has fed down to the likes of you and I, you can be certain that it is not "sensitive" information.
4 - Always do your own research.
5 - Spread your risk
6 - 'Never catch a falling knife' - If a share is tumbling, there is a reason. Never try to call the bottom thinking it can't go lower, you will invariably get it wrong and you will become a passenger on the downward movement - just look at the falls from grace of techs/telecoms years ago.
6 - And finally - NEVER BE GREEDY! If you're happy with a profit, don't be greedy so as not to take it - always leave some for the next man
Sorry..I should have added only use money you can afford to lose. Don't put all the eggs in one basket www.iii.co.uk www.advfn.co.uk www.fool.co.uk Once you start to trade for real: 1 - be strict with yourself. There is NO room for sentimentality. 2 - Learn the fundamentals of a 'Stop Loss System' and STICK TO IT! It will save you losing your shirt in 90% of cases. 3 - Never buy on rumour or gossip. By the time this information has fed down to the likes of you and I, you can be certain that it is not "sensitive" information. 4 - Always do your own research. 5 - Spread your risk 6 - 'Never catch a falling knife' - If a share is tumbling, there is a reason. Never try to call the bottom thinking it can't go lower, you will invariably get it wrong and you will become a passenger on the downward movement - just look at the falls from grace of techs/telecoms years ago. 6 - And finally - NEVER BE GREEDY! If you're happy with a profit, don't be greedy so as not to take it - always leave some for the next man |
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Nuno
Junior Member
Posts โข 1,095
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November 2007
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ONLINE SHARE DEALING HELP, by Nuno on Jan 25, 2008 20:37:09 GMT 1, you sound like a very wise man indeed george!
you sound like a very wise man indeed george!
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curiousgeorge
Junior Member
Posts โข 5,833
Likes โข 1,091
March 2007
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ONLINE SHARE DEALING HELP, by curiousgeorge on Jan 25, 2008 20:49:59 GMT 1, Thanks....I think
Though i still dabble, i grew bored of it/lost the excitement very quickly. Hope to do a self-build project this year just to bring the stress levels up and help me feel alive without having to go down other avenues
Thanks....I think Though i still dabble, i grew bored of it/lost the excitement very quickly. Hope to do a self-build project this year just to bring the stress levels up and help me feel alive without having to go down other avenues |
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loucastel
Junior Member
Posts โข 1,551
Likes โข 53
October 2007
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ONLINE SHARE DEALING HELP, by loucastel on Jan 25, 2008 21:09:40 GMT 1, mmm share dealing, I buy and sell through first direct online bank, always been very good. The market at the moment is in a tremendous state of flux, depends whether you want to invest for the long term or to try and make a quick profit, never been a big believer in the stop loss account ,where you set a target of say 20% and if the value of a particular equity falls to this ,then you automatically sell, if that was the case I doubt there would be any trading at the moment as the market has droped significantly in the past few weeks. The equity market is cyclic, given time the market will rise again, now is a good time to buy,if you are looking at long term growth, Equity prices may still drop a bit more yet ,but it is a very clever person to predict the bottom of the market, share dealing can be fun, but like someone has already pointed out never invest more than you can afford to lose. if you are just starting out there are some good magazines out there ,and start off with a few penny shares just to give you an idea. It can be like collecting art, very addictive.
mmm share dealing, I buy and sell through first direct online bank, always been very good. The market at the moment is in a tremendous state of flux, depends whether you want to invest for the long term or to try and make a quick profit, never been a big believer in the stop loss account ,where you set a target of say 20% and if the value of a particular equity falls to this ,then you automatically sell, if that was the case I doubt there would be any trading at the moment as the market has droped significantly in the past few weeks. The equity market is cyclic, given time the market will rise again, now is a good time to buy,if you are looking at long term growth, Equity prices may still drop a bit more yet ,but it is a very clever person to predict the bottom of the market, share dealing can be fun, but like someone has already pointed out never invest more than you can afford to lose. if you are just starting out there are some good magazines out there ,and start off with a few penny shares just to give you an idea. It can be like collecting art, very addictive.
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top
Junior Member
Posts โข 2,486
Likes โข 4
November 2007
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ONLINE SHARE DEALING HELP, by top on Jan 25, 2008 21:11:49 GMT 1, Oh..don't put 3.7 billion up the swanee!  ;D
Oh..don't put 3.7 billion up the swanee! ;D |
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Harveyn
Forum Guardian
Full Member
Posts โข 7,686
Likes โข 4,839
July 2007
Staff Member
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ONLINE SHARE DEALING HELP, by Harveyn on Jan 25, 2008 21:14:55 GMT 1, Curiousgeorge where were you 8 years ago when I needed this advice (catch a following knife)?
Marconi hits ยฃ1 a share from a ยฃ16 high. Sunk the lot as I gestured to my colleagues "it can't get any lower". Worse than that I worked in the industry... 
Can't complain I worked for Marconi at the time in their facility in Ireland and if it had not been for the crash I would not now own that particular plant. Bitter sweet indeed...... ;D ;D ;D ;D
Curiousgeorge where were you 8 years ago when I needed this advice (catch a following knife)? Marconi hits ยฃ1 a share from a ยฃ16 high. Sunk the lot as I gestured to my colleagues "it can't get any lower". Worse than that I worked in the industry... Can't complain I worked for Marconi at the time in their facility in Ireland and if it had not been for the crash I would not now own that particular plant. Bitter sweet indeed...... ;D ;D ;D ;D |
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ONLINE SHARE DEALING HELP, by manty on Jan 25, 2008 21:17:07 GMT 1, Sorry..I should have added only use money you can afford to lose. Don't put all the eggs in one basket www.iii.co.uk www.advfn.co.uk www.fool.co.uk Once you start to trade for real: 1 - be strict with yourself. There is NO room for sentimentality. 2 - Learn the fundamentals of a 'Stop Loss System' and STICK TO IT! It will save you losing your shirt in 90% of cases. 3 - Never buy on rumour or gossip. By the time this information has fed down to the likes of you and I, you can be certain that it is not "sensitive" information. 4 - Always do your own research. 5 - Spread your risk 6 - 'Never catch a falling knife' - If a share is tumbling, there is a reason. Never try to call the bottom thinking it can't go lower, you will invariably get it wrong and you will become a passenger on the downward movement - just look at the falls from grace of techs/telecoms years ago. 6 - And finally - NEVER BE GREEDY! If you're happy with a profit, don't be greedy so as not to take it - always leave some for the next man
watch out for a dead cats bounce
Advfn is a good one as george mentioned
Good Luck :-)
Sorry..I should have added only use money you can afford to lose. Don't put all the eggs in one basket www.iii.co.uk www.advfn.co.uk www.fool.co.uk Once you start to trade for real: 1 - be strict with yourself. There is NO room for sentimentality. 2 - Learn the fundamentals of a 'Stop Loss System' and STICK TO IT! It will save you losing your shirt in 90% of cases. 3 - Never buy on rumour or gossip. By the time this information has fed down to the likes of you and I, you can be certain that it is not "sensitive" information. 4 - Always do your own research. 5 - Spread your risk 6 - 'Never catch a falling knife' - If a share is tumbling, there is a reason. Never try to call the bottom thinking it can't go lower, you will invariably get it wrong and you will become a passenger on the downward movement - just look at the falls from grace of techs/telecoms years ago. 6 - And finally - NEVER BE GREEDY! If you're happy with a profit, don't be greedy so as not to take it - always leave some for the next man watch out for a dead cats bounce Advfn is a good one as george mentioned Good Luck :-) |
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curiousgeorge
Junior Member
Posts โข 5,833
Likes โข 1,091
March 2007
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ONLINE SHARE DEALING HELP, by curiousgeorge on Jan 25, 2008 21:25:11 GMT 1, Curiousgeorge where were you 8 years ago when I needed this advice (catch a following knife)? Marconi hits ยฃ1 a share from a ยฃ16 high. Sunk the lot as I gestured to my colleagues "it can't get any lower". Worse than that I worked in the industry... Can't complain I worked for Marconi at the time in their facility in Ireland and if it had not been for the crash I would not now own that particular plant. Bitter sweet indeed...... ;D ;D ;D ;D
Hindsight eh
I often still ignore the advice i posted, but that's me looking at the risk/reward
The best way to learn something is the hard way!
I actually measure my success on the losses not the gains!
Curiousgeorge where were you 8 years ago when I needed this advice (catch a following knife)? Marconi hits ยฃ1 a share from a ยฃ16 high. Sunk the lot as I gestured to my colleagues "it can't get any lower". Worse than that I worked in the industry... Can't complain I worked for Marconi at the time in their facility in Ireland and if it had not been for the crash I would not now own that particular plant. Bitter sweet indeed...... ;D ;D ;D ;D Hindsight eh I often still ignore the advice i posted, but that's me looking at the risk/reward The best way to learn something is the hard way! I actually measure my success on the losses not the gains! |
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ONLINE SHARE DEALING HELP, by veralynn on Jan 25, 2008 21:37:39 GMT 1, Personally I favour interest rate plays rather than the equitys, especially in the current market. There cannot be any rationale that on Day 1 the companies that make up the FTSE 100 can drop ยฃ70bio then the next day be worth ยฃ50bio more than the day before. Dont 'bet' with money you can't afford to lose. Bet big win big, bet small win fuck all. Bank shares have been clobbered by then recent sub prime 'issues'. But to what extent are RBOS group and Loyds TSB exposed to this, I don't think they are 'players' in this market.....IMO natch.
Personally I favour interest rate plays rather than the equitys, especially in the current market. There cannot be any rationale that on Day 1 the companies that make up the FTSE 100 can drop ยฃ70bio then the next day be worth ยฃ50bio more than the day before. Dont 'bet' with money you can't afford to lose. Bet big win big, bet small win fuck all. Bank shares have been clobbered by then recent sub prime 'issues'. But to what extent are RBOS group and Loyds TSB exposed to this, I don't think they are 'players' in this market.....IMO natch.
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turkey
New Member
Posts โข 62
Likes โข 0
October 2007
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ONLINE SHARE DEALING HELP, by turkey on Jan 25, 2008 21:44:32 GMT 1, best to use someone like cantorindex.co.uk, you never buy any shares as such but bet on which way they or markets etc etc go......you can make and lose good money quickly and there are tax advantages on the gains......george gives good advice and is right a volatile market can make good profits using this system if you get it right......
best to use someone like cantorindex.co.uk, you never buy any shares as such but bet on which way they or markets etc etc go......you can make and lose good money quickly and there are tax advantages on the gains......george gives good advice and is right a volatile market can make good profits using this system if you get it right......
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Viva Hate
New Member
Posts โข 471
Likes โข 10
October 2006
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ONLINE SHARE DEALING HELP, by Viva Hate on Jan 25, 2008 22:13:02 GMT 1, hi, Im interested in getting into dealing shares from my computer at home as i freelance and have alot of spare time and bulk savings of cash to invest. thanks, matt
Do a little research first obviously......understand the various trading platforms.....get a decent broker, may charge a higher commission but worth it.....ONLY BET THE PRINCIPLE
hi, Im interested in getting into dealing shares from my computer at home as i freelance and have alot of spare time and bulk savings of cash to invest. thanks, matt Do a little research first obviously......understand the various trading platforms.....get a decent broker, may charge a higher commission but worth it.....ONLY BET THE PRINCIPLE |
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lastpost
Junior Member
Posts โข 1,960
Likes โข 2
April 2007
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ONLINE SHARE DEALING HELP, by lastpost on Jan 25, 2008 22:54:38 GMT 1, Don't do it!!!
But if you decide to, I use www.iii.co.uk
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hlarmy
Junior Member
Posts โข 3,199
Likes โข 64
November 2007
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ONLINE SHARE DEALING HELP, by hlarmy on Jan 25, 2008 23:49:06 GMT 1, hi, Im interested in getting into dealing shares from my computer at home as i freelance and have alot of spare time and bulk savings of cash to invest. thanks, matt My advice would be to spend a good year learning the ins and outs of business and remember that in buying shares you are effectively buying a part of a business. Learn the basics of finance and accounting and then learn it to a professional standard. I learnt quite a lot from books such as 'rich bad, poor dad' and then others in his series. The main thing this taught me was to not trade stocks and shares as I simply don't know enough about them and am unwilling to spend years learning about them. It's a weekend's read and well worth the investment (excuse the pun!). In sum, if you don't know much about business or the stock markets, stay well clear as otherwise you may as well drop the cash on the horses... sorry to be negative but the above, coupled with the state of the economy at the moment (and everyone has an opinion), would advise you against it. Good luck if you choose otherwise...
hi, Im interested in getting into dealing shares from my computer at home as i freelance and have alot of spare time and bulk savings of cash to invest. thanks, matt My advice would be to spend a good year learning the ins and outs of business and remember that in buying shares you are effectively buying a part of a business. Learn the basics of finance and accounting and then learn it to a professional standard. I learnt quite a lot from books such as 'rich bad, poor dad' and then others in his series. The main thing this taught me was to not trade stocks and shares as I simply don't know enough about them and am unwilling to spend years learning about them. It's a weekend's read and well worth the investment (excuse the pun!). In sum, if you don't know much about business or the stock markets, stay well clear as otherwise you may as well drop the cash on the horses... sorry to be negative but the above, coupled with the state of the economy at the moment (and everyone has an opinion), would advise you against it. Good luck if you choose otherwise... |
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uksnowman
New Member
Posts โข 326
Likes โข 0
August 2007
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ONLINE SHARE DEALING HELP, by uksnowman on Jan 26, 2008 3:09:21 GMT 1, The ftse is very good value at the moment from a historical perspective if you're buying to hold.
Lot's of short term ups and downs though, but there are some gems to be had.
Don't think I'd touch banking shares yet unless you know what you're doing.
Fags and booze shares always do well in times of recession (we aren't in one I guess but the USA might be soon/already). The more stressed people get, the more they drink and smoke
The ftse is very good value at the moment from a historical perspective if you're buying to hold. Lot's of short term ups and downs though, but there are some gems to be had. Don't think I'd touch banking shares yet unless you know what you're doing. Fags and booze shares always do well in times of recession (we aren't in one I guess but the USA might be soon/already). The more stressed people get, the more they drink and smoke |
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ONLINE SHARE DEALING HELP, by hollywouldifhecoul on Jan 26, 2008 3:23:16 GMT 1, Yeah . . . be careful with this one. Sure is a blast watching your savings double itself in an afternoon. Can't say the same when you've lost twice what you once spent. Thanks GG (GoldCorp). 
Pay particular interest to the 2nd-hand lending co's right now. I flipped a 12.84%+ return on my portfolio this week alone. FRE (Freddie Mac) topped $32.1 this afternoon around 4pm EST. Took home a hefty $11.1k boost.
Yeah . . . be careful with this one. Sure is a blast watching your savings double itself in an afternoon. Can't say the same when you've lost twice what you once spent. Thanks GG (GoldCorp). Pay particular interest to the 2nd-hand lending co's right now. I flipped a 12.84%+ return on my portfolio this week alone. FRE (Freddie Mac) topped $32.1 this afternoon around 4pm EST. Took home a hefty $11.1k boost. |
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;D
