Trading Tips

[Highway Man]

I spend very little time on my investments

some people play with trading as a hobby.

Both these statements are true.

For someone who has your in-depth of knowledge on this subject. I find it difficult to accept that you spend very little time on your investments. I am sure you are on them daily.

 

[Justin Passing]

Justin, for one.

I've said, I have enough now, but I didn't when I started.
The thread title is Trading Tips, so what's your problem?
Are you suggesting there something worng with growinfg an account you don't have an immediate use for?
Or are you trying to formulate a different criticism, like

lust for ever-increasing numbers on an account statement.

not really me, I don't add it up very often. It's spread about so there's no one account statement.

I spend very little time on my investments

some people play with trading as a hobby.

Both these statements are true.

So what? It sounds rather like you're irrelevant, but want to keep restating the same things.
You don't do it, you say, perhaps that's why you wouldn't know much about it, beyond your parroting what you've read somewhere.
Lots of people are happy with their building society Investments. Fine for them.

Yes you can do trading as a hobby, so what?
Some people spend a few minutes a day, or a week or a year.
Some people do trading daily as an income and earn a very good one.
If someone has a hobby that gets them knowledgeable about enterprise, world economics, supply chains, technological developments and the like, where they can find and use companies to invest in which make more than 50% in 3 months, say, what's wrong with that?

It's a means of making money grow much faster than leaving it alone, wherever you put it - if that's what you mean by your "Investing".

accrual of money doesn't necessarily correlate with wanting to pay it out.

Well you keep it until you need to pay it out, innit. If you've parted with it, it doesn't accrue..
As it happens, the plans for "paying it out" largely died with my wife.
We did have plans, but not ones I can carry out alone.

I spend some time explaining how it works , thinking that someone else might benefit. A few who have contacted me, have benefitted. One spectacularly not. Yes, it's not for everyone.

 

[Highway Man]

I've said, I have enough now, but I didn't when I started.
The thread title is Trading Tips, so what's your problem?
Are you suggesting there something worng with growinfg an account you don't have an immediate use for?
Or are you trying to formulate a different criticism, like

not really me, I don't add it up very often. It's spread about so there's no one account statement.




So what? It sounds rather like you're irrelevant, but want to keep restating the same things.
You don't do it, you say, perhaps that's why you wouldn't know much about it, beyond your parroting what you've read somewhere.
Lots of people are happy with their building society Investments. Fine for them.

Yes you can do trading as a hobby, so what?
Some people spend a few minutes a day, or a week or a year.
Some people do trading daily as an income and earn a very good one.
If someone has a hobby that gets them knowledgeable about enterprise, world economics, supply chains, technological developments and the like, where they can find and use companies to invest in which make more than 50% in 3 months, say, what's wrong with that?

It's a means of making money grow much faster than leaving it alone, wherever you put it - if that's what you mean by your "Investing".



Well you keep it until you need to pay it out, innit. If you've parted with it, it doesn't accrue..
As it happens, the plans for "paying it out" largely died with my wife.
We did have plans, but not ones I can carry out alone.

I spend some time explaining how it works , thinking that someone else might benefit. A few who have contacted me, have benefitted. One spectacularly not. Yes, it's not for everyone.

You have given great advice on here mate.

 

[Highway Man]

The thing with all this playing the stock markets for you who do. It’s all very straight forward to you whereas complete novices like me have no idea where to start. We see people making money and earning by having this knowledge and want a slice of the action too but don’t know where to start.

 

[Justin Passing]

For someone who has your in-depth of knowledge on this subject. I find it difficult to accept that you spend very little time on your investments. I am sure you are on them daily.

One doesn't need to be looking every day.
As I pointed out in another post, if you keep your dosh in ABOUT the right sectors, you outperform tha S&P 500 by a factor of several, over the years. Broadly, the more frequently you look at it, the better you do.
Hence, [trading - investing] can be seen as a sort of time spectrum. It's senseless to claim you do one and not the other, and then try to claim some superiority.

There are many methods which work.
Some have their system set up on MS excel, and move things about once a month. When a stock nears the top of its range, they sell and put the money in something near the bottom of its range. It handsomely beats the S&P500, probably taking half an hour a month. I can dig out a thread if your'e interested.
Or you can do the same weekly, just using the most promising companies. That works too.

 

[fillyboy]

I play a bit mainly for fun, I never have more than 5k in shares, usually less. I like to dabble in small oil shares, high risk but high reward.
About a year ago I put 2k on Rolls Royce (RR) at about £6 per share, it had risen from £1 per share at the time of covid. It's now just under £12 having peaked at £13. I haven't bothered trying to dive in and out with the peaks and troughs but 100% in a year is good enough for me. Once the Iran stuff is out of the way it should rise to £15 and once the small nuclear reactor stuffs starts kicking in I can easily see £20 per share.
I've got £500 in a share that's suspended and I might never see that again and about 1k in a small oiler (TRP) which again is a s**t or bust type share, hoping for news soon on that one.
I keep meaning to sit down and read Justins tuition but never seem to find the time, I will though, he's good no doubt about that.
Just open a share account, dead easy, and have some fun. Start with a few K and try and stick with half in something solid like RR, if you do go for the high risk stuff on the AIM markets stick to small amounts, it's still fun.
I'm with Hargreaves Lansdown, that's mot a recommendation, I'm sure there are better and cheaper.
Also look at the forums and share chat on sites like London South East and ADVFN, see what shares people are talking about but be wary of advice on those platforms.
Do it. Do it.

 

[Brigadier]

The thread title is Trading Tips, so what's your problem?
Are you suggesting there something worng with growinfg an account you don't have an immediate use for?

I was making an observation about one motivation and that, if acquisition alone was that motivation, it would be ultimately unrequited.


I don't have a problem but, from your tetchy response, you do.

 

[Justin Passing]

The thing with all this playing the stock markets for you who do. It’s all very straight forward to you whereas complete novices like me have no idea where to start. We see people making money and earning by having this knowledge and want a slice of the action too but don’t know where to start.

Ok, look at Finviz stock screener. The free one will do
YOu see this:

Screener you're on, - you can investigate other pages
Then Market Cap(italization) - that's how big the companies are that you're looking at
Select say +Large (Over 10$bn)
so decent size companies. Tiddlers are flighty
Then Performance.
You'll see listings by week, month etc.
Click the tops to make them reverse.
(There are individual companies, there are similar screeners for ETFs(Exchange Traded Funds) which are groups of companies in a given area, like defence, or Latin America....)

SO yo should see this:

Yes? SO all those 20 companies shares rose by more than, er, 43.55% in a month.
You get to recognise them. Many of those are to do with Data Centre buildout.
AAOI sticks out as having slowed down. They 're in fibre optics and optical signals, used in/on/ between electronic boards. I don't know why the week was slow for them, ONLY 2.8% , you could look it up, it may be temporary. War related - supply issues, maybe.
etc etc
You might note that NONE of those top monthly companies had a negative week. If you click the blue letters you get the Chart, which can reveal whether the jumps were on specific dates, like declarations of earnings - avoid.
Use AI - ask ChatGPT or Perplexity, what it can find about them.


AJ Bell has screeners - similar. Here's theirs for "Funds" ( which means OEICs, a UK thing - those are managed). (look for performance, trailing performance)

Some are very specific and war-linked maybe, like the Materials ones. Note you can find Tech (= chips and things) and European, which gives you some Diversity.
I've been using Polar Capital Tech and Taiwan, but Taiwan could be in trouble because of oil supplies. I just bought some BGF Next Gen Tech a week ago.
Different ETFs / funds are available on different platforms, and some take days to deal. Trading 212 is quick. But doesn't do ANY funds, only ETFs and shares. AVOID the 3x ETFs when you start or they will burn you.
(HSBC takes a week, don't go there if you want to be nimble!)

Be a bit strategic, don't keep swapping about.

DO read Investopedia to explain terms, like Levels, pullbacks, Accumulation, Trends Break outs/

Google
"Technical Analysis of the Financial Markets by John J. Murphy.pdf"
and see some stuff in there - there's a free pdf.

There are millions of Tutorials on youtube. At least half a dozen are useful!

Look at basic ones.
Go to TraderTV Live, they do a daily list which is free, or a longer one which only costs $5 a month.
Reading the words they use, and what they care about, will be edumificational.

 

[Justin Passing]

I don't have a problem but, from your tetchy response, you do.

I respond tetchily to snide remarks.

 

[motorbiking]

The thing with all this playing the stock markets for you who do. It’s all very straight forward to you whereas complete novices like me have no idea where to start. We see people making money and earning by having this knowledge and want a slice of the action too but don’t know where to start.

It's as easy as you want to make it.

 

[Justin Passing]

This is today's FREE premarket prep.
I speed-read it. PLTR caught my eye.


It wouldn't post - too long. I'll find another way another day.

I'll be looking at MARA, GOOGL, SOXL, BE, PLTR, AMD, AAOI, Lite. Mu, plus the other Mag7
plus oil, metals. ONly need a couple.
Oh and Boeing.

 

[JohnD]

For someone who has your in-depth of knowledge on this subject. I find it difficult to accept that you spend very little time on your investments.

I'm willing to believe that there are some things that you know.

 

[Brigadier]

I respond tetchily to snide remarks.

Nothing snide, just factual.


YOU are not the judge of anyone else's motivations.

 

[diy_fun_uk]

The thing with all this playing the stock markets for you who do. It’s all very straight forward to you whereas complete novices like me have no idea where to start. We see people making money and earning by having this knowledge and want a slice of the action too but don’t know where to start.

Like you I'm considering having a play, first with demo account and then real £££, staying within limits that I can comfortably afford to lose.

Re the BIB, I suppose it comes down to being prepared to do the hard graft in terms of reading up on the subject and having a dabble. Like many things in life, I suspect it'll become clearer with a combo of learning and actually doing it (via demo account first and then for real).

 

[motorbiking]

The less knowledge and confidence you have, the more you should go with lower risk broad spread investments that should outperform cash with low risk. As you get a feel for if you can perhaps pick specialist funds. Tech, defence, AI etc. or not. Picking single stocks even solid blue chips is not something that anyone should do without knowing the stock’s potential is under valued.

I would avoid trading in play accounts, since this thread started, the stocks suggested have already gone up a few percent.