Anyone trade shares here?

B

Beancounter1980

Active member
Hi,

I have been trading shares since the stock market crashed. I was a complete novice, but seem to be doing ok. I bought a few which have more than doubled in value since the market had bottomed out big time.

I just invested in DSGi, and i'm hoping they go up!!! :| Seeing as PC World, Dixons and Curry's seem to be levelling out, and there is news of 27 new stores being built and with the world cup coming up etc, i hope they go up!!

Anyways, sad to say..but it is exciting sometimes!!
 
Ive got about 35k shares in RBS and a few in LLOY too since last year...

Lets just say... its been a rollercoaster but with such a large government stake, its a no brainer :D I had a buyer for the Z4 last January to buy in at 10p but my Dad convinced me not too at the last moment... Thanks Dad, id be sat on £50k of profits now! Ohh well you win some and you lose some :roll: :)
 
EdButler said:
Ive got about 35k shares in RBS and a few in LLOY too since last year...

Lets just say... its been a rollercoaster but with such a large government stake, its a no brainer :D I had a buyer for the Z4 last January to buy in at 10p but my Dad convinced me not too at the last moment... Thanks Dad, id be sat on £50k of profits now! Ohh well you win some and you lose some :roll: :)
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I've got about 10k in Barclays. They seem to be doing well over the past few months.

I missed the boat on Lloyds though...however, RBS and LLOYDS are going to crash or almost crash this year 2010. There will be unpaid credit and they will have more losses than expected.

The goverment will have to buy them completely or they will go to bankruptcy. IMO
 
Not stricly buying / selling but I used to use bets4traders before they got swallowed up.

For the newbie, it might be worth checking out the share betting sites as you tend get some virtual cash before you part with your own reddies. I know one is ownership and one is betting but the market is the market - cant do any harm to check it out.
 
Yep, I invest in the market. when the crash occurred it was a great time to look for severely undervalued stocks. The only problem was that you had to have some cash to buy them and most people saw their assets diving faster than a Premier League player so couldn't do it. I only had a couple of stocks that haven't recovered well and some have done exceptionally.

I only do "blue chip" stocks and one of my faves is Teck B, a commodity that has a sawtooth performance chart, driven by the world commodities prices. I can usually buy it on a dip and sell after 8 - 10% gain. this can occur 3 or 4 times a year so a 30% return is very possible. Patience is the key.
-- stay away from "manulife" , it's still in the toilet (they were too deep into the greed of the NA loan markets)
 
I had nearly a six figure sum saved in the bank when the market 'crashed' and FTSE was at 3000 points (or thereabouts)

I put the whole amount as deposit on our house instead of buying nearly a hundred k worth of FTSE tracker, or even splitting the funds 50/50 across both :headbang: FTSE is now 5000-5500?

Gutted! Hindsight is a wonderful thing though, and I could be looking back having not made a penny (or even lost) I guess...

I think if I knew more about this kind of thing I would have invested. I've always wanted to but scared of losing the money.
 
I paid £4.50 for Barclays before the crunch, and still waiting for recovery (20% drop).

You and me (both accountants) should have better undestanding of P&Ls, balance sheets, etc. before investing. I used to buy/sell within 3 weeks for minimum net return of 5%. I started trading many years ago, and made over 15% profit each year before the crunch.
 
ksher said:
I paid £4.50 for Barclays before the crunch, and still waiting for recovery (20% drop).
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Glad I bought the house! :poke:

Joking aside I hope you haven't lost too much (had too many of these particular shares) :thumbsup: and I am sure they will go up in time.
 
ksher said:
I paid £4.50 for Barclays before the crunch, and still waiting for recovery (20% drop).

You and me (both accountants) should have better undestanding of P&Ls, balance sheets, etc. before investing. I used to buy/sell within 3 weeks for minimum net return of 5%. I started trading many years ago, and made over 15% profit each year before the crunch.
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I'm hoping BARCAP keeps on going up. :) Its amazing what Barclays were worth not too long ago, I took a punt today and bought some more for 369.25p (much higher than when i last bought them).

Yes i agree on the Understanding part. I usually buy/sell within a month.

However, I am holding onto the Barclays, for the moment..
 
I work for a stock broker, so comes with the territory.

Thomas Cook was a shock today. I would have bought some after the drop but wimped out!!

I dabble a bit in some smaller companies and have some bigger brand names such as Apple etc too


Sent from my iPhone using Tapatalk
 
I regularly do 'spread betting'

It's tax free, you can bet on currencies, commodities, shares etc, you can bet on the Market going up or down...

It can pay out a lot with a recent example I bagged over a couple of k on gold earlier in the year (before it peaked) that was over a 2 day period and tax free.

Downsides? Extremely, note extremely volatile, and investments needs to be monitored constantly, in some cases minute by minute - otherwise you can loose your capital within a very short space of time.

But if you do your research, use the economic calendars and read FT plus a bit of luck, then you can make some extra cash.

I use city index as it's available on the iPhone


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Yes spread bets are volatile. I had a fantasy account for a trial and didn't make any money so took it no further.

Good for higher rate tax payers, as Ranski mentions, no tax to pay on gains!

There are a few brokers now who offer index tracking funds. They track e.g. The FTSE 100 index without you having to buy all the individual shares. You would get all associated gains from the index, without doing the work of buying/selling the shares, plus it's a tad less risky.


Sent from my iPhone using Tapatalk
 
Lloydstsb at 22p today. Good potential in that. They were 35p just over a month ago. Could be 50% short term gain for someone with ready notes!
 
This trading site allows you to create a DEMO account, so you learn how to trade....if you then feel you can take the plunge you can then use real money to invest....

http://www.cmcmarkets.co.uk/?gclid=CJLy6br-zqwCFUINtAodfE1bFQ

It helps you learn how to trade, costs, risk, and types....

Good luck...
 
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