Share Price Watching for a Noob

Share Price Watching for a Noob

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Discussion

Digger

Original Poster:

14,687 posts

191 months

Sunday 14th April
quotequote all
Ken_Code said:
Digger said:
Does "Yes" work for you?
Iran launched an attack in Israel, which had been brewing for a little while.

There’s a thread about it.

https://www.pistonheads.com/gassing/topic.asp?h=0&...

Edited by Ken_Code on Sunday 14th April 21:41
I don't think you understand the point of my thread!

EXACTLY . . . HOW . . . do world events affect (in this specific case) the fluctuations of Shell shares?

As NowWatchThisDrive suggests . . . right now . . . who knows?!

g4ry13

16,995 posts

255 months

Sunday 14th April
quotequote all
Crude Oil prices have surprisingly not jumped up tonight. Unless the buying starts tomorrow morning then I would not expect a great deal of movement tomorrow.

Maybe even a fall in share price if the market tanks due to risk aversion.

Ken_Code

381 posts

2 months

Sunday 14th April
quotequote all
Digger said:
I don't think you understand the point of my thread!

EXACTLY . . . HOW . . . do world events affect (in this specific case) the fluctuations of Shell shares?

As NowWatchThisDrive suggests . . . right now . . . who knows?!
Fears of war in the Middle East lead to expectations of oil prices increasing.

Shell is a company that produces oil, if the price of oil increases then Shell are expected to make higher profits.

Earning shares in a company gives you ownership of a share of those profits, and people are willing to pay more per share when the expected profits increase.

This leads people to buy the shares, and these buyers find that sellers (who are also aware of the news) won’t sell them unless a higher price is paid.

You can see the prices that buyers and sellers are dealing via stock markets such as the London Stock Exchange, which facilitates trading in shares.

Apologies for not understanding your question earlier.

To reiterate my earlier point, no-one knows when the price will stop rising.

Edited by Ken_Code on Sunday 14th April 23:22

Digger

Original Poster:

14,687 posts

191 months

Sunday 14th April
quotequote all
There is no need whatsoever to apologise & I very much appreciate your considered reply.

I’m just a middle-aged bloke whose parents lined up a small stock of Shell shares when a wee nipper back in the 80’s & just wondering how it all works these days biggrin

Ken_Code

381 posts

2 months

Sunday 14th April
quotequote all
Digger said:
There is no need whatsoever to apologise & I very much appreciate your considered reply.

I’m just a middle-aged bloke whose parents lined up a small stock of Shell shares when a wee nipper back in the 80’s & just wondering how it all works these days biggrin
Any one single stock is risky. That just means that the price lives around an awful lot.

Conventional wisdom says that splitting your pot among many different shares is a better idea. If you wanted to do that then a company such as Vanguard charges very little and has funds such as the LifeStrategy100 which will spread your investment across many hundreds of different shares.

Digger

Original Poster:

14,687 posts

191 months

Monday 15th April
quotequote all
So I decided to sell a portion of what was needed at 08:15 this morning on the basis that it was at a record high (smidge under at the time) & on the basis that who the feck knows as discussed what may or may not happen in the short term.

Hopefully, no regrets smile

asfault

12,225 posts

179 months

Tuesday 16th April
quotequote all
Digger if you need the money that's fine. But if she'll falls tomorrow then suddenly rises 10% the rest of the week you can't look back and wish differently. You can never call the top or the bottom of anything.
There are 2 threads running about shares in this section of pH.
What's your big gamble
And
Share tips or something like that I forget its gotten lost down the pages.
A rising market usually brings more posts to it.

Ken_Code

381 posts

2 months

Tuesday 16th April
quotequote all
asfault said:
Digger if you need the money that's fine. But if she'll falls tomorrow then suddenly rises 10% the rest of the week you can't look back and wish differently. You can never call the top or the bottom of anything.
There are 2 threads running about shares in this section of pH.
What's your big gamble
And
Share tips or something like that I forget its gotten lost down the pages.
A rising market usually brings more posts to it.
You oughtn’t to hold or sell one specific stock based on “needing” the money.

In general you should only hold a single stock if you have a very strong reason for doing so.

I’ve a huge amount of stock in my employer, and sell every share that I’m allowed to the day that I can.

asfault

12,225 posts

179 months

Tuesday 16th April
quotequote all
Ken_Code said:
asfault said:
Digger if you need the money that's fine. But if she'll falls tomorrow then suddenly rises 10% the rest of the week you can't look back and wish differently. You can never call the top or the bottom of anything.
There are 2 threads running about shares in this section of pH.
What's your big gamble
And
Share tips or something like that I forget its gotten lost down the pages.
A rising market usually brings more posts to it.
You oughtn’t to hold or sell one specific stock based on “needing” the money.

In general you should only hold a single stock if you have a very strong reason for doing so.

I’ve a huge amount of stock in my employer, and sell every share that I’m allowed to the day that I can.
Same i sell my save as you earn shares as soon as i can and usually buy other shares.

Hustle_

24,709 posts

160 months

Tuesday 16th April
quotequote all
I have reached the conclusion that, even with considerable effort and time spent to understand the dependencies and mechanisms behind the sentiment towards stock traded entities, it is very hard to anticipate stock movements. Factors affecting those can be downright esoteric. You can have a grasp of the basic principles of an entities core business and fail absolutely to anticipate how a butterfly flapping its wings in Shanghai has caused a big movement while you were asleep.

And of course, if you are doing it properly you should hold a diversified portfolio, many holdings hedging against one another so that while one unexpectedly falls, the rest of your stocks are holding or rising.

It's a lot of homework to fully understand the many potential factors affecting multiple stocks. It is even more homework to then remain vigilant to world and business events and to know what to do given those often unprecedented stressors.

For an average punter like me it is essentially little more than a game of chance. I think this is the case for more than would care to admit.

If you have a big enough pot of money and enough time to monitor daily and manage a number of holdings, then there's a possibility you can 'do it right'. Your success or failure is then mostly in the homework.

If you have 'time', as in, many years remaining in your life, you don't need to play individual stocks. You can invest in a fund. Then you are automatically hedged.

I reckon that stocks and shares trading is probably for people who have a different sort of 'time'- as in, hours in their day... By which I mean, professionals, retired, people who have carved out time specifically for that purpose etc
 
Hence I basically took Ken's advice a year or so ago.

Ken_Code said:
Any one single stock is risky. That just means that the price lives around an awful lot.

Conventional wisdom says that splitting your pot among many different shares is a better idea. If you wanted to do that then a company such as Vanguard charges very little and has funds such as the LifeStrategy100 which will spread your investment across many hundreds of different shares.

Digger

Original Poster:

14,687 posts

191 months

Tuesday 16th April
quotequote all
asfault said:
Ken_Code said:
asfault said:
Digger if you need the money that's fine. But if she'll falls tomorrow then suddenly rises 10% the rest of the week you can't look back and wish differently. You can never call the top or the bottom of anything.
There are 2 threads running about shares in this section of pH.
What's your big gamble
And
Share tips or something like that I forget its gotten lost down the pages.
A rising market usually brings more posts to it.
You oughtn’t to hold or sell one specific stock based on “needing” the money.

In general you should only hold a single stock if you have a very strong reason for doing so.

I’ve a huge amount of stock in my employer, and sell every share that I’m allowed to the day that I can.
Same i sell my save as you earn shares as soon as i can and usually buy other shares.
Well I don't NEED the money, but I'm also not getting any younger & been struggling to try & save up from my wages to pay for a once in a decade luxury purchase . . . so logic & rationality be damned . . . I'll be upgrading my TV soon

biggrin

Such is life