The Official MT Stockmarket thread :-)

Blue_Lagoon3000


Money gone, i think its time for me to call it a day or actually learn how to trade first

Wise words Blue.

I'd do some more research and learn up a bit before you actually part with any real money - you'd be better off out partying with the cash than losing it trading.

Awesome pic, but Tony you're not doing yourself many favours posting up tips on preventing the gag reflex and then a picture of a guy touching his toes - Ak

everytime i look in here im baffled!  have only ever traded shares once, on a tip from someone that worked at the company.

i bought a thousand pounds of shares for a few pence each, sold a few months later when it had doubled.

it got to over 200 a few years ago, oh how i wish i had waited.....  lol

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Yeah i suppose it would be better off in a savings account it, tbh in a mad kind of way its probably good that i lost this £700... If i had done well at 1st i would of been tempted to bung everything ive got on a trade and probably would of lost it and then hung myself lol. At least its not the end of the world but needless to say im pissed off but fcuk it. Drawing the line.

Blue_Lagoon3000


Money gone, i think its time for me to call it a day or actually learn how to trade first

!

You have gone about this far too casually. When I started working- EM fixed income- I had to go through quite a long training process before I was given my first book, and even then it was small! 

Get out now before you lose any more. Do a bit of studying and decide if you want to come back to it in the future.

This is quite a good video series on trading from Alpesh Patel.

http://www.youtube.com/...03A96F7DFB/0/sCS-2DgESlM

A fully paid up spokesperson for Big Oil and board member for the illuminati, posting from a tropical tax haven.  Caution: Posts may not have any moral content.

Little Share tip for you longer term investors. HMV seen a few reports and its had its rating upgraded and price target doubled with a view to monopolising the high street music business and online, rumours are it will be taken over so fill your boots. I bought at 76p PT ranges between 150-190p pity I dont have the capital behind me or would have bought as opposed to placing a spread bet still rose sharply friday took a nice 10pts of it :D.

Ra Ra Rasputin lover of the Russian Queen, Ra Ra Ra Rasputin Russia's greatest love machine (Allegedly)

Not a bad call.  Marked down by the market to almost bankrupt levels, so a lot of people don't think they will survive.  Very much a turnaround punt and a cracking dividend to keep you warm while you wait, assuming they can keep it up.

Retail isn't really my thing, but they could be worth a dable.

A fully paid up spokesperson for Big Oil and board member for the illuminati, posting from a tropical tax haven.  Caution: Posts may not have any moral content.

Right ok, I had a few losses as some of you know but i did some research and gave it another go today and cashed in £130 in a matter of minutes, I was lucky to cash in when i did as if not i would of lost money again

Rasputin


Little Share tip for you longer term investors. HMV seen a few reports and its had its rating upgraded and price target doubled with a view to monopolising the high street music business and online, rumours are it will be taken over so fill your boots. I bought at 76p PT ranges between 150-190p pity I dont have the capital behind me or would have bought as opposed to placing a spread bet still rose sharply friday took a nice 10pts of it :D.

This seems of interest to me... What benefits would i have investing in HMV shares?

You get paid a div though not massive. You would own the asset so could run it for longer as opposed to a spreadbet where you dont actually own it. Think they hit 90 today so still good value imo iv got a long running spreadbet on them @ £10 a point got in at 76 lol.

If your still spread betting blue and can get a decent price on the FTSE I see it hitting 5850 tomorrow because its options expiry and that usually bumps it up a bit.

Ra Ra Rasputin lover of the Russian Queen, Ra Ra Ra Rasputin Russia's greatest love machine (Allegedly)

Blue_Lagoon3000


Right ok, I had a few losses as some of you know but i did some research and gave it another go today and cashed in £130 in a matter of minutes, I was lucky to cash in when i did as if not i would of lost money again

In the words of Abraham Lincon; "If I had 8 hours to chop down a tree, I'd spend 6 of them sharping my axe".

A fully paid up spokesperson for Big Oil and board member for the illuminati, posting from a tropical tax haven.  Caution: Posts may not have any moral content.

LOL

Just lost 250! Well its not lol but i got cockey...

Blue WTF are you playing at? What did you punt and how if you had bought the FTSE this morning could have had it for 5800 ish then took 37 points off when the expiry happend. What did you punt on?

Ra Ra Rasputin lover of the Russian Queen, Ra Ra Ra Rasputin Russia's greatest love machine (Allegedly)

Hows HMV doing?

China is interesting at the moment too. Growth is phenominal.

 

Earlier today i backed it £25 a point to go down, i got locked out at 11 points :/

Blue_Lagoon3000


Earlier today i backed it £25 a point to go down, i got locked out at 11 points :/

lol, shorting a bull market is not ever going to go well.

A fully paid up spokesperson for Big Oil and board member for the illuminati, posting from a tropical tax haven.  Caution: Posts may not have any moral content.

Your doing this wrong Blue 11 pts on the ftse (im assuming) is about 0.1% of the index one stock can move it by that much if your going to try the indices only look for things that yield 30+ points also dont go above more than £5 a point because they fluctuate wildly not uncommon for 100 pt swings espeically around annoucement time. Great if your on the right side of it bad if your on the wrong side.

How much have you lost in total now then? You need to be more careful because atm your gambling as opposed to making an informed decision. At what point did you place your down bet?

HMV is currently 87.3

Ra Ra Rasputin lover of the Russian Queen, Ra Ra Ra Rasputin Russia's greatest love machine (Allegedly)

dazc


everytime i look in here im baffled!  have only ever traded shares once, on a tip from someone that worked at the company.

i bought a thousand pounds of shares for a few pence each, sold a few months later when it had doubled.

it got to over 200 a few years ago, oh how i wish i had waited.....  lol

Sometimes it will make you want to cry!


I had a tidy amount on MNR in March last year at 10p. sold then rebought again a few times and finally cashed in at 28p.


It recently hit 126p! Buying and holding would have yielded me enough to chill out for a few years. 


Soon enough most will realise that spreadbetting is a zero sum game... to spend your time obsessing over fluctuations in the market for what is essentially beer money when you are better off doing something else.


Alas, you could be privy to some inside information and stake a whole lot more which may/may not net you a windfall and will make a difference to your life for better or worse.


'If you are not on the inside.... you are on the outside, pal'

Blue_Lagoon3000


LOL

Just lost 250! Well its not lol but i got cockey...

Not again mate!?!

HMV is interesting, everything else on the high street is falling on it's arse, could see that tactic working.

For mid to long term investment I'd just stick my cash in Apple- look at their consistent growth, about 125% this year FFS!! Their growth looked pretty exponential, recession hit, it went down, now looking exponential again...

No spare cash to put in though

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dazc


everytime i look in here im baffled!  have only ever traded shares once, on a tip from someone that worked at the company.

i bought a thousand pounds of shares for a few pence each, sold a few months later when it had doubled.

it got to over 200 a few years ago, oh how i wish i had waited.....  lol

Sometimes it will make you want to cry!


I had a tidy amount on MNR in March last year at 10p. sold then rebought again a few times and finally cashed in at 28p.


It recently hit 126p! Buying and holding would have yielded me enough to chill out for a few years. 


Soon enough most will realise that spreadbetting is a zero sum game... to spend your time obsessing over fluctuations in the market for what is essentially beer money when you are better off doing something else.


Alas, you could be privy to some inside information and stake a whole lot more which may/may not net you a windfall and will make a difference to your life for better or worse.


'If you are not on the inside.... you are on the outside, pal'

Beer money lol

Ra Ra Rasputin lover of the Russian Queen, Ra Ra Ra Rasputin Russia's greatest love machine (Allegedly)

Rasputin


Little Share tip for you longer term investors. HMV seen a few reports and its had its rating upgraded and price target doubled with a view to monopolising the high street music business and online, rumours are it will be taken over so fill your boots. I bought at 76p PT ranges between 150-190p pity I dont have the capital behind me or would have bought as opposed to placing a spread bet still rose sharply friday took a nice 10pts of it :D.

I bought this sucker at 87p on the way down... saw it hit 69p and now it's back to my breakeven. Sigh...


Well at least there's divi in it (but then so was Woolies).


HMV is interesting, it has a lack of competition on the high street and is now very heavily diversified, just take a look inside! It might have to get rid of Waterstone's at some point and shore itself up. It's competition is from the net... but as far as I can see the central London stores are doing very well from footfall custom, however, I can also see it trying to do too much (books, T-shirts, books, just taken over MAMA). Bit confused from it's business model, but perhaps they are on to something... I'm a **** analyst as you can see.
And whilst it's relatively cheap, we are hearing of bid rumours. Let's see if anything will materialise.


The HMV store turned a good profit last year, but has been heavily shorted the past few months. So, once the shorters close we should be able to see a bounce back for those Technical Wallahs.


I'm holding.

Rasputin


Your doing this wrong Blue 11 pts on the ftse (im assuming) is about 0.1% of the index one stock can move it by that much if your going to try the indices only look for things that yield 30+ points also dont go above more than £5 a point because they fluctuate wildly not uncommon for 100 pt swings espeically around annoucement time. Great if your on the right side of it bad if your on the wrong side.

How much have you lost in total now then? You need to be more careful because atm your gambling as opposed to making an informed decision. At what point did you place your down bet?

HMV is currently 87.3

Lost about a grand on day trading, need to research is more tbh

So would you say HMV are better than Apple?

Blue_Lagoon3000

Rasputin


Your doing this wrong Blue 11 pts on the ftse (im assuming) is about 0.1% of the index one stock can move it by that much if your going to try the indices only look for things that yield 30+ points also dont go above more than £5 a point because they fluctuate wildly not uncommon for 100 pt swings espeically around annoucement time. Great if your on the right side of it bad if your on the wrong side.

How much have you lost in total now then? You need to be more careful because atm your gambling as opposed to making an informed decision. At what point did you place your down bet?

HMV is currently 87.3

Lost about a grand on day trading, need to research is more tbh

So would you say HMV are better than Apple?

You would have been a lot better off putting it in a ftse tracker when I said mate!
 
Have you bought and read them books people pointed you towards?
 
I think you are going about it in totally the wrong way tbh mate (i.e. spread betting) - if you know about marketing and running a business, which I'll assume you do because of your job, then you are in a good position to pin point companies which are selling relatively cheaply, have strong balance sheets and have a decent business model. I would be looking for these companies, and follow and buy and hold strategy.

Blue_Lagoon3000

Rasputin


Your doing this wrong Blue 11 pts on the ftse (im assuming) is about 0.1% of the index one stock can move it by that much if your going to try the indices only look for things that yield 30+ points also dont go above more than £5 a point because they fluctuate wildly not uncommon for 100 pt swings espeically around annoucement time. Great if your on the right side of it bad if your on the wrong side.

How much have you lost in total now then? You need to be more careful because atm your gambling as opposed to making an informed decision. At what point did you place your down bet?

HMV is currently 87.3

Lost about a grand on day trading, need to research is more tbh

So would you say HMV are better than Apple?

LOL mate a grand :S. Well Apple could come off pretty cheap depending upon the US implications of the GS affair over the weekend. 

Ra Ra Rasputin lover of the Russian Queen, Ra Ra Ra Rasputin Russia's greatest love machine (Allegedly)

Cheshire Cat

Blue_Lagoon3000

Rasputin


Your doing this wrong Blue 11 pts on the ftse (im assuming) is about 0.1% of the index one stock can move it by that much if your going to try the indices only look for things that yield 30+ points also dont go above more than £5 a point because they fluctuate wildly not uncommon for 100 pt swings espeically around annoucement time. Great if your on the right side of it bad if your on the wrong side.

How much have you lost in total now then? You need to be more careful because atm your gambling as opposed to making an informed decision. At what point did you place your down bet?

HMV is currently 87.3

Lost about a grand on day trading, need to research is more tbh

So would you say HMV are better than Apple?

You would have been a lot better off putting it in a ftse tracker when I said mate!
 
Have you bought and read them books people pointed you towards?
 
I think you are going about it in totally the wrong way tbh mate (i.e. spread betting) - if you know about marketing and running a business, which I'll assume you do because of your job, then you are in a good position to pin point companies which are selling relatively cheaply, have strong balance sheets and have a decent business model. I would be looking for these companies, and follow and buy and hold strategy.

Yeah i bought the books suggested but i have not read yet, i have attention deficit disorder so i will struggle with that... i Have a book that i really really want to read but i just can't bring myself to do it :/ 

Are stocks and shares still the best way to invest? in  months time i should have a low cost endowment mature and around 15,000 to errmm invest somewhere,but i have no idea where.

Should have been 25 grand but lost 10 grand off it with the crash.i want to make it back up in some way any ideas(im in no rush for the money).

Those who cannot fly seek to clip the wings of others.

ginasmg


Are stocks and shares still the best way to invest? in  months time i should have a low cost endowment mature and around 15,000 to errmm invest somewhere,but i have no idea where.

Should have been 25 grand but lost 10 grand off it with the crash.i want to make it back up in some way any ideas(im in no rush for the money).

Depends on timescale mate; over the very long term shares as a whole have always been the best vehicle for investments. If timescale is shorter it depends on your appetite for risk, maybe a portfolio which is diversed in equities, bonds, REITs, some cash etc.

How did you lose the money btw - did you take the money out at the depth of the crash?

Cheshire Cat


How did you lose the money btw - did you take the money out at the depth of the crash?

No i havent taken the money out  mate,its a low cost endowment mortgage 22 year period is up next month, but it hasnt gone up like it should have, well it did then it dropped with the markets.

We have no controll over it untill the 22 years is up, we pay the 40 quid a month well 45 now and have done for the past 22 years,gutted it has dropped tbh. we were told at the time of purchace it would be 28 grand return.

Those who cannot fly seek to clip the wings of others.

looking at commodities - Nickels had a healthy rise of the last few weeks - reckon theres much further to go?

Also any trading Covered Wts?

Covered warrants are good if we see a hung parliament put warrants will be useful. If we see a correction over the next weeks which is possible given the near 100pt drop on friday potentially the index could drop another few hundred points but i would avoid putting anything into the markets till they resolve the political ramifications. Then buy buy buy. 

Re Nickel the miners took a clattering this week so not sure if they are the way to go but with all the expansion plans we should in theory see a demand increase for the commodities over the longer period.

Ra Ra Rasputin lover of the Russian Queen, Ra Ra Ra Rasputin Russia's greatest love machine (Allegedly)

The election will have little impact on the share market, esp the FSTE100.  The impact will fall on the gilt and currency markets.

A fully paid up spokesperson for Big Oil and board member for the illuminati, posting from a tropical tax haven.  Caution: Posts may not have any moral content.

There was an 80pt crash yesterday, i seen it on my Iphone and was a sure thing!

I logged on to IG Index and the stats etc were like:

"Unavailable.. sorry for any inconvenience"

Was this just coincidence of some kid of piss take?

^^ OMG 

The crash was friday!!!! About an hour after i got locked out at -25!!!!!

It went up by 11 when i only put a guaranteed stop for 10pts, then it proceeded to drop by 80pts which would of been a win of £2000

Blue_Lagoon3000


There was an 80pt crash yesterday, i seen it on my Iphone and was a sure thing!

Did you have advance knowedge of the civil suit against Goldman Sachs?

A fully paid up spokesperson for Big Oil and board member for the illuminati, posting from a tropical tax haven.  Caution: Posts may not have any moral content.

I don't even know what that is mate

How was the drop a sure thing then?

A fully paid up spokesperson for Big Oil and board member for the illuminati, posting from a tropical tax haven.  Caution: Posts may not have any moral content.

Wheels


How was the drop a sure thing then?

 

My IG Index is being funny, and looking at it now makes it look like this was yesterday.. for some reason its behind and has been doing this often.. What i mean is that looking at that massive slide would of made me happily bank -25 per point maybe even more.

Little did i know that it was actually friday, 20 mins after i logged off after loosing £250 because my guaranteed stop locked me out after 10pts 

Yet, you had no idea that the market would do after you hit the stop loss.  It could have easily kept climbing, the fact that the news over the GS suit knocked the market down was something you could never have expected or based a trading postion on.

You seriously need to develop a strategy or will keep loosing money.  That goes double as you seem to be trying to short a bull market.

A fully paid up spokesperson for Big Oil and board member for the illuminati, posting from a tropical tax haven.  Caution: Posts may not have any moral content.

Yeah probably right bud, do me a favour though if you get any of these tips drop me a PM if thats ok?

Do you guys (Wheels, Cheshire Cat, Rasputin etc.) work in the City? If you don't mind me asking, what kind of work do you do?