Glasgow_Saint Posted 13 October, 2008 Posted 13 October, 2008 Signed up at http://www.stockbrokers.barclays.co.uk/ 3 weeks ago and have been hooked every since. Went with Barclays as employees receive discounts on online trade fees. I've made £250+ in a few weeks with quick buying and selling. Anyone else play/follow the market - any tips or web sites that may help?
Junction 9 Posted 13 October, 2008 Posted 13 October, 2008 Now I know nothing about ecconomics, but isn't it an extremely risky time to be starting this?
Kadeem Hardison Posted 13 October, 2008 Posted 13 October, 2008 Now I know nothing about ecconomics, but isn't it an extremely risky time to be starting this? Not if you can get the real crop reports from Beeks and give a fake one to Mortimer and Randolph.
Junction 9 Posted 13 October, 2008 Posted 13 October, 2008 Tiggs - can you respect the rules of "The Lounge" please. Many thanks.
Glasgow_Saint Posted 13 October, 2008 Author Posted 13 October, 2008 Now I know nothing about ecconomics, but isn't it an extremely risky time to be starting this? Not going crazy - bought £1,000 worth of shares (Mainly M&S, Tesco and Barclays) Some may say risky, i would say now is the best time to do it. Shares are as low as ever - its a punt of course but i dont see shares going any lower. Take Barclays as an example - 12 months ago shares were valued at £8, i bought at £1.95 Its a gamble, but its fun and less risky (IMO) than the horses, casino or fruit machines
Crouchie's Lawyer Posted 13 October, 2008 Posted 13 October, 2008 I thought trading on bank shares was suspended at the moment? As one day shares can shoot up and the next down, and due to certain banks being on the edge of the knife, it was obvious who would be more affected by this £50b injection? If I had a spare few £££'s i'd certainly give it a go. Once the recession has ended, you know those shares will rise again so IMO its a good bet, as you say, a lot better than the fruitys! Especially shares in M&S. Once confidence in the economy resumes (especially if base rate falls to 3% next year) people will be spending a lot more money than current, and places like M&S will prosper.
benjii Posted 13 October, 2008 Posted 13 October, 2008 Buy shares in Saints. When Paul Allen takes over you'll be quids in.
Ludwig Posted 13 October, 2008 Posted 13 October, 2008 I've been messing about trading on indices over the last couple of weeks, whilst watching Bloomberg in the evenings. Mainly the dow jones and s&p. I think I'm a couple hundred up overall, but tbh, it's mostly luck. Indices also fluctuate lots - which is good for quick trading in the evening.
mynameisthehulk Posted 14 October, 2008 Posted 14 October, 2008 Buy Pork Bellies,they are on the up. Okay, pork belly prices have been dropping all morning, which means that everybody is waiting for it to hit rock bottom, so they can buy low. Which means that the people who own the pork belly contracts are saying, "Hey, we're losing all our damn money, and Christmas is around the corner, and I ain't gonna have no money to buy my son the G.I. Joe with the kung-fu grip! And my wife ain't gonna f... my wife ain't gonna make love to me if I got no money!" So they're panicking right now, they're screaming "SELL! SELL!" to get out before the price keeps dropping. They're panicking out there right now, I can feel it.
Wade Garrett Posted 14 October, 2008 Posted 14 October, 2008 Buy low, sell high. I still don't understand the end part of Trading Places.
Jillyanne Posted 14 October, 2008 Posted 14 October, 2008 Buy low, sell high. I still don't understand the end part of Trading Places. What part - I like the part in Coming to America when Akeem gives Mortimer and Randolf money.
buctootim Posted 15 October, 2008 Posted 15 October, 2008 Buy Lloyds TSB. Sound bank with good profitability. Currently £1.52, will be 50% higher in six months and back up towards £4 in around 2-3 years, quicker if they ditch the HBOS deal. Also British Airways although they will be affected by loss of business class passengers due to recession they will benefit from cheaper oil - currently priced at 2x earnings (historically on about 10x earnings). All IMO. WARNING: Shares may go up as well as down repeatedly.
Special K Posted 15 October, 2008 Posted 15 October, 2008 Okay, pork belly prices have been dropping all morning, which means that everybody is waiting for it to hit rock bottom, so they can buy low. Which means that the people who own the pork belly contracts are saying, "Hey, we're losing all our damn money, and Christmas is around the corner, and I ain't gonna have no money to buy my son the G.I. Joe with the kung-fu grip! And my wife ain't gonna f... my wife ain't gonna make love to me if I got no money!" So they're panicking right now, they're screaming "SELL! SELL!" to get out before the price keeps dropping. They're panicking out there right now, I can feel it. It aint cool being no jive turkey, so close to thanksgiving.
Jillyanne Posted 15 October, 2008 Posted 15 October, 2008 It aint cool being no jive turkey, so close to thanksgiving. Lol.
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