Making money from shares/election - stupidly easy??
Discussion
Certain sectors did move significantly eg. including those under threat of nationalisation, but the Pound increased in value following the election result, so some major corporates (internationals) took a profits currency hit and did not have share price increases.
So much for broad brush news reports.
Edited by Jon39 on Saturday 14th December 20:43
Jon39 said:
Certain sectors did move significantly eg. including those under threat of nationalisation, but the Pound increased in value following the election result, so some major corporates (internationals) took a profits currency hit and did not have share price increases.
So much for broad brush news reports.
Edited by Jon39 on Saturday 14th December 20:43
Some of collection increased by really good amounts (e.g. RMG/BT/PSN) but others (BP/RDSB) dropped)
I could have made good bit of profit on Friday early on by selling my PSN then buying it back when it settled but having sat for 15 hours at a Polling Station on the Thursday then watched a good bit of the early results prog, I was pretty well brain numb.
Had a bad week really, saw the pre open news on Ted Baker, shares immediately dropped to mid £200s decided worth a go. HL wouldn't let me access. Eventually got a chance at about 312, decided not worth it as it would probably fall back again, Nope went up to about 340....
Skyedriver said:
Some of collection increased by really good amounts (e.g. RMG/BT/PSN) but others (BP/RDSB) dropped)
I could have made good bit of profit on Friday early on by selling my PSN then buying it back when it settled but having sat for 15 hours at a Polling Station on the Thursday then watched a good bit of the early results prog, I was pretty well brain numb.
Had a bad week really, saw the pre open news on Ted Baker, shares immediately dropped to mid £200s decided worth a go. HL wouldn't let me access. Eventually got a chance at about 312, decided not worth it as it would probably fall back again, Nope went up to about 340....
I could have made good bit of profit on Friday early on by selling my PSN then buying it back when it settled but having sat for 15 hours at a Polling Station on the Thursday then watched a good bit of the early results prog, I was pretty well brain numb.
Had a bad week really, saw the pre open news on Ted Baker, shares immediately dropped to mid £200s decided worth a go. HL wouldn't let me access. Eventually got a chance at about 312, decided not worth it as it would probably fall back again, Nope went up to about 340....
I have often wondered whether on average, short-term buying and selling produces better investment returns than long-term holdings?
Slightly off topic, which is about making money from a short-term opportunity, but perhaps this is a related aspect.
You refer to in/out opportunities Skyedriver, so if you keep detailed records of your trading, you might be able to enlighten me about the performance differences.
Except for an initial period of short-term dealings, I have always been a long-term investor.
If you wish to compare, then my 31 year annual average is +12.23% including dividends (year end 2018).
So far the 2019 performance is +16.41%, with a total dividends increase this year of 3.62%.
Holdings have always mostly been big FTSE 100 internationals, many of which have not had any dividend increases during recent years.
I have had zero transaction costs this year.
How does short-term trading compare on an annual measurement basis ?
Edited by Jon39 on Sunday 15th December 13:06
Frimley111R said:
Listening to the news today it said shares in major corporates jumped after the election. Given that it was a foregone conclusion who would win, was this the easiest way to make money ever?
It was a bifurcated trade/risk.....yes if you were long certain shares/FTSE you made a decent amount of money but I think the downside risk was much greater....I’d say you’d have lost twice as much and in some case probably more. It’s also a trade where most people who could afford to make money out of it by being long stock markets are also probably higher rate taxpayers so we’re effectively “in the trade” because just by Boris winning they will be paying less tax etc.
Now I’m a higher rate tax payer and yes made money out of the market moves because of long term investments but was definitely doubling up.
Day/Momentum trading is hugely difficult to make money out of...I don’t and wouldn’t do it. Sat/worked on a trading floor for twenty five years....taking risk myself for a few year and then managing others as well.
Key to successful investing/trading is discipline. Human nature is to realise profits and run losses i,e, people are quick to take a 10% profit but generally wait for a 10% loss to come back onside...or lose less.
Your advantage as an individual investor over almost all professional traders/investors is that you can take long term views over six to twelve months based on fundamentals. Every professional has much shorter horizons than that. That’s what I try and do.
Key to successful investing/trading is discipline. Human nature is to realise profits and run losses i,e, people are quick to take a 10% profit but generally wait for a 10% loss to come back onside...or lose less.
Your advantage as an individual investor over almost all professional traders/investors is that you can take long term views over six to twelve months based on fundamentals. Every professional has much shorter horizons than that. That’s what I try and do.
Jon39 said:
Skyedriver said:
Some of collection increased by really good amounts (e.g. RMG/BT/PSN) but others (BP/RDSB) dropped)
I could have made good bit of profit on Friday early on by selling my PSN then buying it back when it settled but having sat for 15 hours at a Polling Station on the Thursday then watched a good bit of the early results prog, I was pretty well brain numb.
Had a bad week really, saw the pre open news on Ted Baker, shares immediately dropped to mid £200s decided worth a go. HL wouldn't let me access. Eventually got a chance at about 312, decided not worth it as it would probably fall back again, Nope went up to about 340....
I could have made good bit of profit on Friday early on by selling my PSN then buying it back when it settled but having sat for 15 hours at a Polling Station on the Thursday then watched a good bit of the early results prog, I was pretty well brain numb.
Had a bad week really, saw the pre open news on Ted Baker, shares immediately dropped to mid £200s decided worth a go. HL wouldn't let me access. Eventually got a chance at about 312, decided not worth it as it would probably fall back again, Nope went up to about 340....
I have often wondered whether on average, short-term buying and selling produces better investment returns than long-term holdings?
Slightly off topic, which is about making money from a short-term opportunity, but perhaps this is a related aspect.
You refer to in/out opportunities Skyedriver, so if you keep detailed records of your trading, you might be able to enlighten me about the performance differences.
Except for an initial period of short-term dealings, I have always been a long-term investor.
If you wish to compare, then my 31 year annual average is +12.23% including dividends (year end 2018).
So far the 2019 performance is +16.41%, with a total dividends increase this year of 3.62%.
Holdings have always mostly been big FTSE 100 internationals, many of which have not had any dividend increases during recent years.
I have had zero transaction costs this year.
How does short-term trading compare on an annual measurement basis ?
Edited by Jon39 on Sunday 15th December 13:06
Most of my investments (SIPP & ISA) are in funds not individual shares
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