Share tips thread (Vol 2)
Discussion
Aaaaand for tonight's entertainment, we have:
PPC - medium chunk, buying. - they've had a great quarter, fairly low risk I think, if they pull out some massive expansion plans or whatever they will rise well.
DB - small chunk, shorting - could be a risky one as they have slowly been dropping forever, and so a lot of the movement will already be priced in. But, who knows, they might pull a move and flip round. A bit. Or a lot.
Etsy - small chunk, buying. I don't like Etsy, because it's stuff made by white girls with dreadlocks in Brighton. And once OI ordered something from them for my Sister's birthday and it arrived late and was tat. But all the analysts say otherwise, so I may as well throw them in as well.
FB - medium chunk, buying, because they have done very well for me in the past - but when Zuckerberg opens his mouth for future guidance I want to send him to public speaking classes.
The man could say "We tripled our profits this quarter, and will triple them again next quarter!" and half the room would rouse from their sleep, then go back to sleep, the rest would just slumber on happily.
PPC - medium chunk, buying. - they've had a great quarter, fairly low risk I think, if they pull out some massive expansion plans or whatever they will rise well.
DB - small chunk, shorting - could be a risky one as they have slowly been dropping forever, and so a lot of the movement will already be priced in. But, who knows, they might pull a move and flip round. A bit. Or a lot.
Etsy - small chunk, buying. I don't like Etsy, because it's stuff made by white girls with dreadlocks in Brighton. And once OI ordered something from them for my Sister's birthday and it arrived late and was tat. But all the analysts say otherwise, so I may as well throw them in as well.
FB - medium chunk, buying, because they have done very well for me in the past - but when Zuckerberg opens his mouth for future guidance I want to send him to public speaking classes.
The man could say "We tripled our profits this quarter, and will triple them again next quarter!" and half the room would rouse from their sleep, then go back to sleep, the rest would just slumber on happily.
I've virtually given up drinking, but I want whatever he's drinking!
Sooo, FB went good, with a 16% profit, DB went good, with a 7.4% profit, then I just dumped it to get it out of my portfolio.
ETSY went horribly wrong, with a 42% loss, and PPC went good with a 9.5% profit.
The only one I fancy so far for tonight is a Baba buy - bought a large chunk at a low but BABA have a habit of going up and down like a w
e's knickers, so if I'm at the computer and see it, I might buy in with more.
Sooo, FB went good, with a 16% profit, DB went good, with a 7.4% profit, then I just dumped it to get it out of my portfolio.
ETSY went horribly wrong, with a 42% loss, and PPC went good with a 9.5% profit.
The only one I fancy so far for tonight is a Baba buy - bought a large chunk at a low but BABA have a habit of going up and down like a w
e's knickers, so if I'm at the computer and see it, I might buy in with more. guindilias said:
Yep, and it's pretty quick - I had my stop loss at 42% and it cut straight away. It used to be rubbish at catching drops on opening, but their fancy new servers seem to have solved that - and seem to prioritise stocks with a big shift.
The FCA helped the solve the slippage issue. 
Condi said:
Greshamst said:
And I thought the gibberish was mostly kept to LSE messageboards
Nope, that really is one of his 46 posts. Such a quality contributor, he should come here more often!
guindilias said:
I would imagine somebody got put under the spotlight, anyway!
A whole raft of little changes were brought in a while back when ESMA stepped in after local regulators had failed to get the Cypriot mob and others under control. So there is now firm guidance on debit balances and close out ratios etc. guindilias said:
Aye, they took away x10 leverage as well, though - people outside Europe can use it, but not us. And I doubt that that will change even when (if) we exit the EU, they'll just stick to the EU rules.
I should really move to Costa Rico or somewhere...
ESMA restricted the European brokers but there is no restriction on European clients, they can set up an account pretty much wherever they like. I should really move to Costa Rico or somewhere...
The exercise has been futile as a means to protecting clients as those using OTCs for gambling (the majority) will lose regardless of whether leverage is 5 or 10 and the minority who used the product to make money don’t use that level of leverage because beyond 2x it rapidly starts to decimate risk profiles. What it has meant is that the gamblers have gone to overseas brokers where they have no protections on their money and where brokers have none of the obligations that prohibit/limit the trading against clients.
All it has achieved is moving the gambling offshore and weakening the domestic firms and all because none of the regulators chose to properly regulate the industry and allowed hideous levels of bad practice to grow unfettered within the EU mainland.
guindilias said:
But to verify my account I had to upload loads of information, proof of residence, passport photo, bank details etc - you mean I could set up a bank account somewhere outside the EU, and use 10x leverage again?
Not sure about etoro but with IG index once you have an account in UK you can easily open an account with them at one of their other locations which are less regulated like Australia, Cyprus or Switzerland - guessing. It would just use the UK bank account I presume - I have not done it.guindilias said:
Hmm. Maybe I could borrow a mate's passport and docs, and register an account somewhere else, and use a VPN all the time... will have to look in to that. Cheers!
You don’t need any of that. The offshore bookies aren’t going to turn away a punter because they live in GB. 
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