Stock market dealing

[Notch7]

t is the way Justin suggests.
Start with £1 and the dealing charge will be about £12

there is no dealing charge through lots of brokers just a small spread

those that do charge its not £12,

No strategy will provide an average of 65% profit.

who knows, it is not impossible though, I would say most people dont achieve that

with a risk to reward ratio of say 2:1 or more, a day trader with getting even say just 40% win ratio can make a decent % per month. (yes you can lose more often than you win and still make good money)



the thing about day trading is compound growth, if you start with £1000 and you win 1%, you then have £1010 to trade etc etc

 

[Notch7]

They don't advise people for no reason that 80% lose money when trying such trades.

I totally agree, trading requires a highly disciplined approach to not lose

from what I can see most traders blow their account, even those that go on to become successful later

for majority of people investing is much safer, stick your money in a tracker and leave it be. If you absolutely cant afford to lose any of our savings then look for a high interest savings account

I dont want to be responsible for encouraging people to lose all their money. Dont do that folks.

 

[motorbiking]

Tom, all rubbish, continues to show he hasn't a clue, and mbk not far behind!

How's your NVIDIA short going

 

[Justin Passing]

I have said before, don't use a tracker unless you are OK with large drops, which aren't necessary with a tiny bit of effort.

may I ask how long it took you to build a consistent strategy to give you a positive risk profile. Did you spend ling doing paper trades before going live?

About a month, but the talk of strategies and risk profiles is a bit hiferlootin. You cross a road without measuring the distance that oncoming cars are away. If there's a screaming motorbike you delay more because it's hard to tell. You can't blow your account if you only trade with part of it. "They" can't take more than is in the account, so have a few.

from what I can see, it takes a lot of experience and knowledge to do what you are doing, I think you might be glossing over the considerable skills you must have to do this

Can't be true, my parents always said I wasn't doing any good. I made a bit of a list of stuff to know about. But you can abrogate much of that by watching traders on youtube. They know more and have more inputs from expensive services, which they filter and pass over for you, free.
To know about Trumps tariffs and how they're likely to affect things, you don't need much. Watch Bloomberg TV, also free.

They don't advise people for no reason that 80% lose money when trying such trades.

This is pejorative. (if you don't know what that means, don't trade). Most people are hindered by hubris, illogic, or for a few it's thinking ability. But overwhelmingly, it's lack of discipline, and letting your amygdala take over...

One thing missing from many "calculations" is leverage. There are many forms, you can work with x300. This morning it was obvious markets would rise. There are lots of ifs and buts but the outcome if that turned out to be right, is clear.. If you're wrong it'll kill you.

Great explanation going on now on Bloomberg TV, Steve Chiavarone. 11:11 am. Free. They have a lot, all day.

I let those little index trades hit the stop-losses.

 

[diy_fun_uk]

This is pejorative. (if you don't know what that means, don't trade).

Congratulations, you have won Condescending Poster of the Month.

 

[Brigadier]

Congratulations, you have won Condescending Poster of the Month.

Inducted into the Hall of Fame

 

[motorbiking]

I have said before, don't use a tracker unless you are OK with large drops, which aren't necessary with a tiny bit of effort.

You ignore the tax benefits associated with someone else doing the trading.

 

[Justin Passing]

Congratulations, you have won Condescending Poster of the Month.

Jolly good. It was a joke but you weren't able to perceive that. You put yourself into the Don't Trade category. Are we clear now?!

How's your NVIDIA short going

When?

You tell me, how much "share tax" would it have attracted?

You ignore the tax benefits associated with someone else doing the trading.

Do I? What benefit in seeing them let the value drop say 20%? You don't get the 20% back, only the tax on it. Please explain, if I have it wrong.

 

[Deleted member 323070]

Tom, all rubbish, continues to show he hasn't a clue, and mbk not far behind!

If you disagreed with anything I've said, you would present real counter arguments. But all you do is claim that others don't know anything.

If you want to argue with someone who clearly knows far more than you do, think again.

I have no desire to argue with someone who presents scenarios in hindsight and claims they made thousands on the trade.

It's like someone posting last weeks lottery results and then tells us what numbers they chose.

 

[Deleted member 323070]

They don't advise people for no reason that 80% lose money when trying such trades.

More like 95%.

 

[motorbiking]

Jolly good. It was a joke but you weren't able to perceive that. You put yourself into the Don't Trade category. Are we clear now?!

When?

You tell me, how much "share tax" would it have attracted?

Do I? What benefit in seeing them let the value drop say 20%? You don't get the 20% back, only the tax on it. Please explain, if I have it wrong.

If I have a gain and I sell, there is capital gains tax to pay. If I buy into an index and the fund manager buys and sells I haven't made a taxable gain until I sell, the index. I may for example want to defer my gains until the current government is replaced with a more enlightened one. Or I may simply want to defer my gains until a time where my income is lower and therefore I pay less tax.

 

[Deleted member 317777]

Congratulations, you have won Condescending Poster of the Month.

I think Boyo can beat him hands down lol

 

[Justin Passing]

If you disagreed with anything I've said, you would present real counter arguments. But all you do is claim that others don't know anything.

I have no desire to argue with someone who presents scenarios in hindsight and claims they made thousands on the trade.

It's like someone posting last weeks lottery results and then tells us what numbers they chose.

You started telling me my maths was wrong. Pretty dumb.
I and others have been telling you where you had it wrong, but you keep posting stuff that's wrong. You aren't really wrorth the trouble, are you?

I have many times, like yesterday, said what I was going to do, and shown the profit this morning. You refuse to read what proves you wrong.

Over 10% overnight after the prediction, with the reasoning for the prediction, proves my point I think.
-I added some US index because I thought that would go up too. It turned out to be less than the suggested Germany, but still pretty good.
Now I have shown you easily 10% in a day, (it came out at 13.4% as shown) perhaps you would like to rescind your statement that 65% IN A YEAR would be unlikely.
It would only need only 0.1927% daily, which is about 70 times less. Are you even capable of working out those figures?
You need to be able to do sums like that or you won't see what's going on.

You keep posting with your assertions based on ignorance, lies and the rest. You post show you don't know what you're talking about. If you want teaching, you don't talk repeated wrong crap to the teacher. He tells you to get out.
Share tax only applies as I have told y'all, only in some jurisdictions.
Use CFD, no tax. ETFs, no tax. US stocks, no tax. Everywhere is less that the UK, France is 0.4%, most are 0.

You should have mentioned spreads, but you didn't know enough
"Trading costs" you claim - there are many free platforms. Only a total ignoramus wouldn't know that.

Tax on profits - not necessary to pay any, at all. SB.

You are posting rubbish after rubbish. And get called out. Then make up crap.. Then complain. DO shut up.

If you ask, I'll answer. Otherwise why should I?


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I have asked for ths trading section to be transferred to the Trading thread in Hobbies.

 

[Justin Passing]

It looks like Bitcoin is rising, so look out for movements in MARA, MSTR, COIN, HUT and other related stocks, today.


A guide - no gtees

$TSLA 350 LONG – Sales weren’t great, but with Elon back in the office, we could see that early pop.
$SOXL 16 LONG – Chips heating up with fresh China data +
$NVDA earnings tomorrow night!
$GME 34.50 LONG – Eyeing breakout of recent highs. Momentum is in this name. Dip buy zone = $33.
$TQQQ 67.50 LONG – Watching dips into Friday’s top level. Let’s see if we get that flush!

Long CRWD from 460

 

[motorbiking]

Jolly good. It was a joke but you weren't able to perceive that. You put yourself into the Don't Trade category. Are we clear now?!

When?

You tell me, how much "share tax" would it have attracted?

Do I? What benefit in seeing them let the value drop say 20%? You don't get the 20% back, only the tax on it. Please explain, if I have it wrong.

This thread.

All depends on the period.

You implied you had shorted NVDA.