Stock market dealing

[Justin Passing]

So the banks are back to the top - more or less.

Korea has woken back up. The KOSPI index is open at night, so the UK based ETF responds in the morning. If there's a jump, it carries on up some during the day. There's a 3x South Korea ETF.

Now looks to be as good a time as any to buy into Bitcoin - for the very long term, if you want it. Etherium is getting rated as more worthwhile, for reasons I don't entirely understand!.

The tech stocks are recoverung from the current dip. I wasa already out of some, but when the rest are back to where they were I'll be diversifying away if its possible. The price/Earnings for some of them are silly. NVIDIA though (results due soon) may continue with the crazy high Earnings.
One day the Chinese will announce they have matched the tiny resolution of the West's lithography process, so NVIDIA will tank. I day trade it, I'm not holding it. Palantir is even more extreme. Google (Alphabet) is a better bet long term, probably.

 

[Justin Passing]

This is a typical high tech biased fund:

The question is always what to do when thinigs turn down.
Usually, it's nothing, except buy more in the dip.
That's fine, if the dip stops dipping!
There wasn't much to trigger this dip, like a Covid, but the "market is fragile".
Plenty of wise heads are predicting a very large "correction".
I had a fair bit in this sort of fund. I did sell, somewhere about 4% down. I know that's probably not going to look like the best thing when looking back, but I'm willing to pay for some insurance, in case it dives say 40%. A basic rule is that you never get it all right.
I also sold a lot of bonds, which hadn't dropped, so I have funds to respond with.
On the 22nd(Friday), the flattening curve started to turn up, so I started to buy again.

Sunday I'll be putting orders in to be executed Monday, to buy back in to things. The problem with things like OEIC funds one tends to have in "investment vehicles", is that they're slow to buy and sell. Interactive Investor's promise is very poor at up to two days Hargreaves Lansdown's is better. Order before 8am and they do it that day.
Those funds have advantages, but holding everything in shares would be quickest. For that I'd need a different broker. I don't trust Trading212.

Quick reactions can pay very well, like that fund above, the can move well over 1% in a day, up or down. I'll be hitting Biotech, Korea, China, somebanks

Professional traders jump on something they think is going to rise, then "take out" say a third after the initial rise, then another third etc as the curve starts to flatten.
HL is odd in that you have to call them to deal within a couple of days of any dealing. A very Bowler-Hat-Brigade attitude. They have some old stuffy people. One "advised" me that fund managers expect you should hold their funds for a minimum of 5 years. I told him that was a silly idea and he chortled. Cheeky sod said "well if you think you know better....". I took great delight in asking him which single fund would have matched the numbers at the time..

When things stabilise, assuming they do, I'll have less in the tech funds that I have recently. While there are bond-type funds (so called Strategic, or High yield, or Dynamic) running at around 18% pa, there is definitely value in having money available to react quickly. The slower of the fund holders take a week to switch from one fund to another. There 's a "Settlement" period, which I'm convinced is a scam. AJBell and HL are less bad with it. HSBC are thieves!.

 

[Justin Passing]

SM is messy. September is a traditionally bad month, so I'm out of the tech usuals. There are some short term opportunities like, gold, so I'm using those. FIrst sign of them slowing down and I'll be out.
China has been good, Korea too but they're unreliable.

 

[Justin Passing]

SM crazy atthe moment. There have ben several quite sizeable companies rising huge amounts in a day.
There's a pattern of small ones catching the bids early in the day or before the official open, then rocketing.
Gold based funds have doubled since start of August.


This oneheld one's attention all day, it was very popular.
Shows why you don't hold things like this overnight:

Sometimes they do it again a few days later.
I held £20 in it - sometimes the go to the moon overnight. IT dropped to half, hey ho.

 

[Justin Passing]

I have been engaged unusually for a few weeks, in hospital, with little or no internet, consciousness, or abiilty to use my right (dominant) arm.
The Stock Market has been bonkers so many opportunities were missed.
However, in the approx 4 weeks my crudely selected investments - gold and derivatives, and global tech, have done this:

That particular account was an ISA which was new last April, filled from the previous year's pension and pip . It had got to 40 odd k since then. So while I was "in" laying on my back, it returned 7k or so, tax free. The surgeons had done better, but not the anaesthetists downards. One of the latter told me she was on 76k.

Nothing clever on my part, except resisting the urge to fiddle.
Some of the male nurses were intrigued.

Quite a few things haven't worked, or at least havent continued their previous performance. Bloom Energy is one. It was climbing like a squirrel but took a nosedive and hit a stop, losing half its gain.
I haven't know a time like this where you can simply find something doing OK and pile in.

I hope some others here are getting a bit.

Most who look are skeptical, or put off by the need to check what's going on, with the movers of the moment, even if the moment is weeks or months.
So I refer to the MAN Group Dynamic Interest fund (blue) which I often do. There are other Sterling Strategic Bonds which are similar, but that one is particularly smooth, still, here at 22.7% p.a.:

Note the timescales - the orange one here is the same fund as the yellow one above.

 

[Justin Passing]

If anyone want suggestions where to put dosh right now,
Tech AI will probably be good for a while. A soon as someone says something like "The returns may not be what we expected" then the whole Jenga could crash down.
Gold would then be one of the beneficiaries but recently it's been going skywards anyway.

The miners move faster. You can leverage for free.
~Double in a month:

Or more if you're active - buy some at the dips (green) and sell when it goes up to the next level (red).
The yellow line is RSI - a Relative Strength Indicator. Buy when the yellow line is below the dashed green and turned up,
sell when it's above the red dashed and turned down.
There are lots of Indicators. They aren't foolproof but build your confidence. There are imperfections with the leveraged funds so try with a tenner, or fake money. Youcan set "stops " to buy and sell for you.

Nobody is currently guessing the top, for gold. Gold itself is up about 10% in the last month. The leveraged and related stocks often go faster.

Another sector on the up is Defense. There are ETF's (bunches of shares presented as one "instrument". ndividual stocks like Rols Royce have risen well for months, but are looking expensive on eg a price/earnings measure
Kratos Defense and Security Solutions is up 50% on the month, 100% in 3 months.

I don't touch them but fancier ways of trading using "Options". Some folk are multiplying their money every month on a single trade, right now.

 

[kingandy2nd]

Sorry to hear you’ve been unwell. Hope you’re on the mend now mate.

 

[Justin Passing]

I'm sure I read somewhere on the internet - so it must be true - that you CAN take it with you. Can't find where that was, though.
The drugs are having a good go at me.

 

[Justin Passing]

China has just said they're going to decide who gets rare earth materials etc so Trump has thrown the toys out of the pram.

We're expecting a crash sometime, anything like this could precipitate it.

Gold might be OK but who knows?

 

[Dereekoo]

China has just said they're going to decide who gets rare earth materials etc so Trump has thrown the toys out of the pram.

We're expecting a crash sometime, anything like this could precipitate it.

Gold might be OK but who knows?

Hope not my shares have been plodding along nicely for a few weeks

 

[Justin Passing]

I've only got defence, gold, rare metals, now, some hotter tech like small nuclear. If you survive this and it bounces, I suggest you adjust your risks. Bung it is MAN Dynamic Interest for a bit. It has slowed but is still ok.
"Sell half" always give you something to cheer about!

Some sectors will be immune to whatever China does. Korea is doing nicely - have a look.
Emerging lrkets excluding CHina, several others are doing fine by normal standards but not compared with the gold derivatives. I've sold the stuff which has only beed returning 4% a month!
I was banged up in hospital for 3 weeks facing doom and did fine on gold and OK on Tech, but I was unaware what was going on - lucky. My wife was away so had no idea about how bad I was because I didn't tell her, ot how much £££ was on the line.
Some things hit the stops, some things didn't have stops!

 

[Justin Passing]

This is one I quite llike atm.,, they do swap the funds internally.
If you read the blurb, I think they earn their fee for a leave-alone fund.
No whacky businesses in there. Note, it didn't collapse like some in April.
50% will do.

 

[Notch7]

This is one I quite llike atm.,, they do swap the funds internally.
If you read the blurb, I think they earn their fee for a leave-alone fund.
No whacky businesses in there. Note, it didn't collapse like some in April.
50% will do.
View attachment 395321

Hey Justin, how are you doing?….healthwise not investment wise

By the way I’m still picking tips out of this thread, it’s very useful esp regarding where to find info such as Bloomberg.

I’m gonna try some day trading and see if I can make some money, I need to as site carpentry is getting heavy going.

 

[Justin Passing]

Hey Justin, how are you doing?….healthwise not investment wise

By the way I’m still picking tips out of this thread, it’s very useful esp regarding where to find info such as Bloomberg.

I’m gonna try some day trading and see if I can make some money, I need to as site carpentry is getting heavy going.

I'm just out, an hour ago.. feeling very weak but that'll pass. Some anti b's went for my heart, some the lungs; now the hosp has taken poo samples to check for c.difficile. COmplicated.
Did you know that while trying to kill bacteria, many can unfortunately knobble your mitochondria - the bacteria-like energy organelle in animal cells. (I'll spare you the biology a bit, but that's because millions of years ago one bacteria thing was engulfed by another little cell and instead of getting eaten, it got used for energy. Only ever happened once, which says something about life chances in the universe. We share the 30Svedberg ribosomale subunit with the bacteria, which gets hit harder and dies., but... ) Anyway you feel ****.
I've got a mid line in so the district nurse can come and pump me with stuff. I've been off line, off food, off my head, off everything really but it seems we're getting there. I'll be asleep soon. Again. So if there's a string of hhhhhh's it's my nose doing it.

.
Try day trading with a "paper" account, not real money. You could use Trading 212 but it's not as good as a "pro" platform. It'll do.
You'll see how easy it is to lose.

Use that TradertvLive channel on youtube. I haven't seen it for several days, I think it was about to change. You may not like it but glean what you can. NB the US market opens at 2:30 pm.

There's a whole mass of stuff to learn, about spreads, slippage, levels, catalysts, candlestick patterns, breakout patterns etc etc but the approach they adopt on TTVL avoids most of that.
The guy Shawn publishes a Stickynote on X: TraderTVshawn. Look it up now. If there's some reason he thinks say NVidia will be strong, he'll give you a price to work from. Usually he's about right but you do get a load of BS from him. Also follow Michael Nauss.
So he'll say a ticker, a price , and a direction - long or short. Usually, leave it all day, through the wiggles.
It's ALL about recognising patterns and using probablilities.. You make la few tiny losses then what you thought, works.

But You may well be better longer term SWING trading, or just going with a TREND.. That's where you look for a stock which is doing well, like gold, and go with the momentum, or one that's working in a range but in a trend. Look those up.

Start with a screener like FInviz stock screener. Set size ( m,arket cap ) to 10bl+ , = biggish co's, so you get a performance screen like this:

Look at their charts, read what you can. I have several of those. Eg Bloom Energy BE does energy for data centres.
for example.
I also have some where the 1.3,6 month figures are good but they just dropped 10% - they'll be on page 3! So mix them up.
I also have a load of Gold because I doubt it'll "crash". If the SM is jittery, gold goes up. If gold goes up, gold goes up. So far so good. It was flat for ages. I have a load of "leveraged" gold as well, which goes up at 2-3x the rate. Needs watching though.

I got about 40% the last month, lucky since I wasn't looking at it. Doubled in about 3 months. It's easy when the market's like this.

I use OEIC Funds mostly. Hargreaves Lansdown is ok for a start, and use AJ Bells Fund screener. Managed funds charge you say 1% but go faster. Otherplatforms are a bit cheaper but I don't care about 0.2% normally. HL give you performance graphs all on one. Loads of detail could be gone into about the different money holder platforms.
So HL: give you charts like this with some funds I have. This is one ISA. Gold, minerals metals like palladium etc.

Leveraged ones I've used are

As you can see from the green one you have to watch the buggers.
The yellow one is 3x gold miners.
WHen things are moving appropriately you can use something like 3x semiconductors, or 5x the Nasdaq

----

Best, if say you have 10k, day trading would be to wait for a riser. SOme days are hopeless.
I made a lot when crypto was rising every day,, but it has stopped more or less.

Today because of china etc (the "catalyst" I see this stock was rising, which was predicted, it's rare earth connected:
There are 2 or three companies so you'd watch them together. eg USAR.
I wasn't there, but:

You'd open and watch it like a hawk up through the red bit after the open, (14:30) for an hour.
Say you got 10%, ok , (CFD on Trading 212) but leveraged that's 50%. Same as 1 month above.
Then you stop trading for the day. This is the sort of thing Tradertv Live will find you.
When you care desperately about the money, you only use a part of your pot. Once you're using winnings it feels like free money so it's not so anxious-making.
Rule 1 - don't ever ever ever ever "try things" to see if they work, unless you have multiple reasons to think they will. You'll lose, 95% of the time.


As well as the sticky note, amazingly they email you free, a daily cheat sheet of what to look at.
If the next day there;'s nothing predicted, wait and watch but maybe, just don't trade at all.

I just face-planted. nighty night.

 

[Dereekoo]

I'm just out, an hour ago.. feeling very weak but that'll pass. Some anti b's went for my heart, some the lungs; now the hosp has taken poo samples to check for c.difficile. COmplicated.
Did you know that while trying to kill bacteria, many can unfortunately knobble your mitochondria - the bacteria-like energy organelle in animal cells. (I'll spare you the biology a bit, but that's because millions of years ago one bacteria thing was engulfed by another little cell and instead of getting eaten, it got used for energy. Only ever happened once, which says something about life chances in the universe. We share the 30Svedberg ribosomale subunit with the bacteria, which gets hit harder and dies., but... ) Anyway you feel ****.
I've got a mid line in so the district nurse can come and pump me with stuff. I've been off line, off food, off my head, off everything really but it seems we're getting there. I'll be asleep soon. Again. So if there's a string of hhhhhh's it's my nose doing it.

.
Try day trading with a "paper" account, not real money. You could use Trading 212 but it's not as good as a "pro" platform. It'll do.
You'll see how easy it is to lose.

Use that TradertvLive channel on youtube. I haven't seen it for several days, I think it was about to change. You may not like it but glean what you can. NB the US market opens at 2:30 pm.

There's a whole mass of stuff to learn, about spreads, slippage, levels, catalysts, candlestick patterns, breakout patterns etc etc but the approach they adopt on TTVL avoids most of that.
The guy Shawn publishes a Stickynote on X: TraderTVshawn. Look it up now. If there's some reason he thinks say NVidia will be strong, he'll give you a price to work from. Usually he's about right but you do get a load of BS from him. Also follow Michael Nauss.
So he'll say a ticker, a price , and a direction - long or short. Usually, leave it all day, through the wiggles.
It's ALL about recognising patterns and using probablilities.. You make la few tiny losses then what you thought, works.

But You may well be better longer term SWING trading, or just going with a TREND.. That's where you look for a stock which is doing well, like gold, and go with the momentum, or one that's working in a range but in a trend. Look those up.

Start with a screener like FInviz stock screener. Set size ( m,arket cap ) to 10bl+ , = biggish co's, so you get a performance screen like this:
View attachment 395711
Look at their charts, read what you can. I have several of those. Eg Bloom Energy BE does energy for data centres.
for example.
I also have some where the 1.3,6 month figures are good but they just dropped 10% - they'll be on page 3! So mix them up.
I also have a load of Gold because I doubt it'll "crash". If the SM is jittery, gold goes up. If gold goes up, gold goes up. So far so good. It was flat for ages. I have a load of "leveraged" gold as well, which goes up at 2-3x the rate. Needs watching though.

I got about 40% the last month, lucky since I wasn't looking at it. Doubled in about 3 months. It's easy when the market's like this.

I use OEIC Funds mostly. Hargreaves Lansdown is ok for a start, and use AJ Bells Fund screener. Managed funds charge you say 1% but go faster. Otherplatforms are a bit cheaper but I don't care about 0.2% normally. HL give you performance graphs all on one. Loads of detail could be gone into about the different money holder platforms.
So HL: give you charts like this with some funds I have. This is one ISA. Gold, minerals metals like palladium etc.
View attachment 395713

Leveraged ones I've used are
View attachment 395714

As you can see from the green one you have to watch the buggers.
The yellow one is 3x gold miners.
WHen things are moving appropriately you can use something like 3x semiconductors, or 5x the Nasdaq

----

Best, if say you have 10k, day trading would be to wait for a riser. SOme days are hopeless.
I made a lot when crypto was rising every day,, but it has stopped more or less.

Today because of china etc (the "catalyst" I see this stock was rising, which was predicted, it's rare earth connected:
There are 2 or three companies so you'd watch them together. eg USAR.
I wasn't there, but:
View attachment 395717
You'd open and watch it like a hawk up through the red bit after the open, (14:30) for an hour.
Say you got 10%, ok , (CFD on Trading 212) but leveraged that's 50%. Same as 1 month above.
Then you stop trading for the day. This is the sort of thing Tradertv Live will find you.
When you care desperately about the money, you only use a part of your pot. Once you're using winnings it feels like free money so it's not so anxious-making.
Rule 1 - don't ever ever ever ever "try things" to see if they work, unless you have multiple reasons to think they will. You'll lose, 95% of the time.


As well as the sticky note, amazingly they email you free, a daily cheat sheet of what to look at.
If the next day there;'s nothing predicted, wait and watch but maybe, just don't trade at all.

I just face-planted. nighty night.

Well I don't need any bacteria just reading the above has made me off my head, heres to your speedy recovery