Stocks/Shares Tips?
Discussion
Hi All,
I want to get into trading stocks and shares - nothing more than I can afford to lose...
Are there any threads ongoing (I tried the search) where people are discussing stocks/shares/tips etc?
If not, anyone got info on some useful Companies to invest in?
I'm kicking myself for not buying shedloads of Pendragon shares at 1.4p a few Months ago; they're c.40p now!!!
Any help/abuse much appreciated!!
I want to get into trading stocks and shares - nothing more than I can afford to lose...
Are there any threads ongoing (I tried the search) where people are discussing stocks/shares/tips etc?
If not, anyone got info on some useful Companies to invest in?
I'm kicking myself for not buying shedloads of Pendragon shares at 1.4p a few Months ago; they're c.40p now!!!
Any help/abuse much appreciated!!
- sigh*
This has been discussed many times on here recently, and the best 'tip' I can offer you is do your own homework. Read as much as you can about trading, watch Bloomberg or CNBC instead of Big Brother, and don't be in too much of a rush to lose your money.
What is your background, have you any experience of trading or financial instruments in general?
I'm a complete novice at trading so dont take any of my advice!
www.lse.co.uk
www.iii.co.uk
Both have active discussion forums.
But be very careful. Research ,research ,research.
Disclaimer again
I'm a complete novice at trading so dont take any of my advice!
www.lse.co.uk
www.iii.co.uk
Both have active discussion forums.
But be very careful. Research ,research ,research.
Disclaimer again
I'm a complete novice at trading so dont take any of my advice!
Forums like this are not the place that people are going to be telling you where to buy things like pendragon.
IIRC when the pendragon shares hit the floor there was a thread on PH speculating that the company was going to collapse, not the kind of thing that would inspire more than a small gamble. From what I can gather if you know nothing about the stocks and shares market and need to rely on others for tips you will end up losing money or annoying them.
Best to read up lots and then decide to go and buy a car instead, at least thats my opinion.
IIRC when the pendragon shares hit the floor there was a thread on PH speculating that the company was going to collapse, not the kind of thing that would inspire more than a small gamble. From what I can gather if you know nothing about the stocks and shares market and need to rely on others for tips you will end up losing money or annoying them.
Best to read up lots and then decide to go and buy a car instead, at least thats my opinion.
I suppose the real issue here is if you have a sum of money that you don't mind losing, assuming this "investment" is successful, you might double it. Then again, the company might go tits up and you lose your money. Now if this is a sum you can afford to lose, then it probably isn't going to be that big, relatively-speaking. That means at best you double something that is relatively small. And so you don't have enough to make it really worth it. You might get a free holiday out of it. Whoopee. And you still have to go to work and take s
t from a boss you hate.
Of course, you could remortgage your house and dump £100k in RBS, wait a few years, and maybe see a return of £300k (or RBS could be nationalised and you lose £100k). But you still have to service that debt for the 5-7 years so you still need to have a job answering to your hateful boss for 5-7 years.
Anyway, let's imagine that you did indeed make £300k, you pay back some of that to the bank, leaving you with ~£200k plus any savings you have. Now you could repeat that clever trick but investing maybe ~150k, leaving you ~£50k plus your savings so you could tell the boss to stick his job. But now you are near the top of the market, maybe, or close to it, so the returns are going to be less. Sure, you could short, but then if you were good at picking a time to short, you'd already be laughing as you'd made your first billion in 2008-2009 as the market crashed (or your name is John Paulson). So now you might be £200k richer but still have to get a job because you don't really know what you're doing after all. And you're still no happier, although you might be able to treat yourself to a Ferrari. But your boss is still going to treat you like st. So perhaps you need to borrow £300k which would give you a return of ~£500k after costs and allow you to not have to work while you wait for another recession to strike.
Yes, ok, I'm rambling, but the conclusion is that you're better off getting that car as suggested earlier. At least you're guaranteed to be happy with your "investment". What I'm trying to say is that "investing" in shares lacks longevity and is therefore pointless.
Another option: take one mother of a loan and be prepared to relocate to Rio.
(Obviously, none of that was advice, it was purely tongue in cheek, investments will go down more likely than up, etc. All figures plucked randomly out of thin air.)
t from a boss you hate. Of course, you could remortgage your house and dump £100k in RBS, wait a few years, and maybe see a return of £300k (or RBS could be nationalised and you lose £100k). But you still have to service that debt for the 5-7 years so you still need to have a job answering to your hateful boss for 5-7 years.
Anyway, let's imagine that you did indeed make £300k, you pay back some of that to the bank, leaving you with ~£200k plus any savings you have. Now you could repeat that clever trick but investing maybe ~150k, leaving you ~£50k plus your savings so you could tell the boss to stick his job. But now you are near the top of the market, maybe, or close to it, so the returns are going to be less. Sure, you could short, but then if you were good at picking a time to short, you'd already be laughing as you'd made your first billion in 2008-2009 as the market crashed (or your name is John Paulson). So now you might be £200k richer but still have to get a job because you don't really know what you're doing after all. And you're still no happier, although you might be able to treat yourself to a Ferrari. But your boss is still going to treat you like s
t. So perhaps you need to borrow £300k which would give you a return of ~£500k after costs and allow you to not have to work while you wait for another recession to strike.Yes, ok, I'm rambling, but the conclusion is that you're better off getting that car as suggested earlier. At least you're guaranteed to be happy with your "investment". What I'm trying to say is that "investing" in shares lacks longevity and is therefore pointless.
Another option: take one mother of a loan and be prepared to relocate to Rio.
(Obviously, none of that was advice, it was purely tongue in cheek, investments will go down more likely than up, etc. All figures plucked randomly out of thin air.)
Edited by ShadownINja on Thursday 6th August 01:28
limpsfield said:
LD1Racing said:
*sigh*
If a guy I'd never met told me on an internet forum to buy STHR:LSE tomorrow with a limit order at 249p, how much money would I put into it?
they closed at 220 today. How many would you like to buy at 249p?If a guy I'd never met told me on an internet forum to buy STHR:LSE tomorrow with a limit order at 249p, how much money would I put into it?
johnfm said:
this whole thread suggests that nobody really makes money trading, and the only traders in the market are institutional investors.
im sure the bankers do it by shorting on single point moves.this is fine when your 'in' for millions ( of other peoples money ) as a single point gives big returns and a massivly huge end of year bonus.
johnfm said:
this whole thread suggests that nobody really makes money trading, and the only traders in the market are institutional investors.
I didn't suggest that at all. A lot of people have made a lot of money "investing" in banks since March. Purely luck, of course. You have to be a bit unlucky to lose money buying in March and selling them around now.ShadownINja said:
johnfm said:
this whole thread suggests that nobody really makes money trading, and the only traders in the market are institutional investors.
I didn't suggest that at all. A lot of people have made a lot of money "investing" in banks since March. Purely luck, of course. You have to be a bit unlucky to lose money buying in March and selling them around now.fesuvious said:
ShadownINja said:
johnfm said:
this whole thread suggests that nobody really makes money trading, and the only traders in the market are institutional investors.
I didn't suggest that at all. A lot of people have made a lot of money "investing" in banks since March. Purely luck, of course. You have to be a bit unlucky to lose money buying in March and selling them around now.err, No. Some of us spent hundreds of hours studying over what might happen, and what we think would happen.
Then, bought in big as the financials were on the floor, and continued buying. This being even as that word 'nationalisation' was being banded about.
Theres no luck in it. Just conviction
Out of interest, did you really spent hundreds of hours studying over what might happen, then? What did you study?
I know some PHers lost money punting Northern Rock. I suppose you spread your pot across various companies so if one goes pop, you're still going to make a lot?
In any case, with your skills, would you still be able to make money in 5 years time? (Just thinking about my bigger post above.)
Edited by ShadownINja on Thursday 6th August 22:19
As has already been suggested you won't make massive money if you are just going to dabble but it can still be very addictive and very interesting once you start to understand the markets. Just don't be tempted to throw good money after bad if you are having a poor run.
Also, don't expect to see anything like the returns that Pendragon have given too often in other companies. I'm just glad I got in at 1.7p
Also, don't expect to see anything like the returns that Pendragon have given too often in other companies. I'm just glad I got in at 1.7p
fesuvious said:
ShadownINja said:
johnfm said:
this whole thread suggests that nobody really makes money trading, and the only traders in the market are institutional investors.
I didn't suggest that at all. A lot of people have made a lot of money "investing" in banks since March. Purely luck, of course. You have to be a bit unlucky to lose money buying in March and selling them around now.err, No. Some of us spent hundreds of hours studying over what might happen, and what we think would happen.
Then, bought in big as the financials were on the floor, and continued buying. This being even as that word 'nationalisation' was being banded about.
Theres no luck in it. Just conviction
t about their own accounts, so there's no chance you could research the amount of toxic debt they had and all the intricacies of their risk portfolio and credit to determine whether they would be a good investment.The only thing you could bank on (excuse the pun) was that the government was chucking out millions of £'s on a daily basis into the UK banking sector and was near skint, so when big RBS came along in bad shape the government was never going to bail them out and they wouldn't be allowed to collapse so you always knew RBS wouldn't fail. How that takes hundreds of hours of research, I don't know.
Edited by g4ry13 on Friday 7th August 02:31
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