Shares

[Nova2k7]

How did you go about getting set up on that website Nightyard? Easy process? Hidden fees etc?

You're right about bitcoin! I wonder are there any people out there who haven't seen the news and would be willing to part with their bitcoins for pittance :lol:

I've opened an account at hargreaves lansdown
free to open, I deposited X and can add funds whenever instantly (done so twice).
no hidden fees but you do pay commission on purchases and sales

takes 24 hours from opening to when you can start trading as they have to approve your account.

This is who my account is with as well!

 

[nightyard]

ECR peaked at 24% up earlier, wish I had some hindsight, could of sold and bought back in.
dropped to 6% up after the spike, around 15% up at the moment.

 

[Nova2k7]

ECR peaked at 24% up earlier, wish I had some hindsight, could of sold and bought back in.
dropped to 6% up after the spike, around 15% up at the moment.

i wanted to play around and bought £20 to get a feel yesterday afternoon. this is how im currently standing lol

Stock                                          Units held	Price(pence)	Value(£)?   Cost(£)        Gain/loss	
ECR Minerals plc Ordinary 0.1p        1,330	         0.65                     8.65       20.00       -£11.35 - 56.75%

 

[nightyard]

mmm yeah, well tomorrow might see you right on that investment
I wet myself when the price plummeted into negative numbers today and I sold when it went positive again ; sold at 0.625

Still made a tidy profit, probably pulled out too early but nevermind

also your probably never make money buying £20 in shares since the commission hargreaves charge is like £11.99 a transaction haha
but at least your experiencing how it all works.

 

[Nova2k7]

mmm yeah, well tomorrow might see you right on that investment
I wet myself when the price plummeted into negative numbers today and I sold when it went positive again ; sold at 0.625

Still made a tidy profit, probably pulled out too early but nevermind

also your probably never make money buying £20 in shares since the commission hargreaves charge is like £11.99 a transaction haha
but at least your experiencing how it all works.

yeah im not looking to make a profit just messing around really!

im keeping my eye on this

http://www.hl.co.uk/shares/ipos-and-new-issues/new-share-issues/irish-engineer-mincon-announces-intention-to-float-on-aim

 

[Simon_P]

yeah im not looking to make a profit

That begs the question - why are you doing it? What you two are doing is not investing its speculating and you are using the wrong product. However the right product for this is probably not suitable for your level of experience.

 

[Nova2k7]

yeah im not looking to make a profit

That begs the question - why are you doing it? What you two are doing is not investing its speculating and you are using the wrong product. However the right product for this is probably not suitable for your level of experience.

how do you suggest you get that experience then?

 

[Simon_P]

yeah im not looking to make a profit

That begs the question - why are you doing it? What you two are doing is not investing its speculating and you are using the wrong product. However the right product for this is probably not suitable for your level of experience.

how do you suggest you get that experience then?

Job within the industry or learning from someone within the industry - not one of those scam artists that charge £5k for a course to guarantee £20k per week with 1 hours work per day :roll: Failing that then read books, practice on dummy accounts. There are so many if/buts/when’s/how’s. What do you want to get from it, growth, dividend income, short term speculator gains or something else?

 

[mcbeee]

How to gain experience......I can only say what I did ...
In Canada , when I was a lot younger, brokers had to take two courses, the Canadian Securities Course and the Registered Representative course before they could really do anything. The CSC was open to anyone to take but the RR course was for people employed in the industry ie: trainee brokers.they had to have both courses. I took the CSC as a home study and used a friend in the industry for help when I didn't quite "get it". It was a lot more cost effective than just throwing money at the market and seeing what happens.

I'm sure there must be some sort of regulated courses for investment professionals in the UK. I'm talking about brokers, not mutual fund salesmen.

Good Luck.

 

[Simon_P]

How to gain experience......I can only say what I did ...
In Canada , when I was a lot younger, brokers had to take two courses, the Canadian Securities Course and the Registered Representative course before they could really do anything. The CSC was open to anyone to take but the RR course was for people employed in the industry ie: trainee brokers.they had to have both courses. I took the CSC as a home study and used a friend in the industry for help when I didn't quite "get it". It was a lot more cost effective than just throwing money at the market and seeing what happens.

I'm sure there must be some sort of regulated courses for investment professionals in the UK. I'm talking about brokers, not mutual fund salesmen.

Good Luck.

It has changed a lot now. It seems there is less a sense of learning to understand but more learn it parrot fashion to answer multiple choice questions.