Stock market dealing

Odds said:

No.
Are you?

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motorbiking said:

your non answer is an answer. If you are aren't interested in a subject, don't post.

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Dereekoo said:

And there it goes again, straight over my head and into the stratosphere

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Justin Passing said:

SOrry, I was trying to take it slow! WHere did I lose you?

If nothing else, look for funds like that MAN Dynamic interest IH thing - the one which has grown steadily. If you have some money in an ISA, you (we) may all have tp put some in a S&S account soon. That should do, it depends how they draw up the rules.

There has been a significant jolt to the market, which looks like a leak in the bubble.
I was mostly out of AI stocks, but everything , pretty much, mooks like taking a hit.
I had quite a bit in the likes of Koreaa, which has been ging up fast, now it has gone down several percent. I've sold, but it can take a while for some of the platforms (LIke Interactive Investor) to get round to selling. So it might go down say 8%. BUt it had gone up 30% or so. Not sure when I joined.
It's the amateur way, to sell when the price dips.. You sell at a low, so usually don't do as well as if you hold and wait for it to go back up. BUT there could be a 30% or more fall this time, so anything I unwisely lose, I'm regarding as insurance in cse it drops a long way.
Usually it's possibly tlbuy while things are rising, after the dip.
I might try that, but in view of personal circumstances at the moment, I might just transfer most to one of those Strategic Bonds, like MAN DYnamic. Income.

My wife had a number of accounts like ISAs and SIPPS.
The ISAS transfer to me, keeping their wrapper, under a thing called APS.
The sipps can be withrawn , totally, without paying any tax. Reeves had made a change to that, 2027 on.

Her main pension passes to me, paying out, at reduced amount. Lose her state pension too of course.
Whichever way I look at t it it though, I'm well ok.

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Dereekoo said:

Probably when I got to the graph, I now understand candles but when all the other horizontal, zig zag, rising lines appear it blows the mind, but I guess its just a matter of persevering (if I can be so inclined? Went through your stuff with Arbu and he really wanted to get his head around it but seems to have given up??), like anything in life once you understand the basics I guess the complicated stuff falls into line. Will report back in 2 years.

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Justin Passing said:

For dabblers, look at this, it's one of the reproducible plays. It's a bit long winded but I tried to cover the yes-buts.
@Pauhow , @kingandy2nd @Arbu

The uk/European market opens at 8 am.
You CAN get an idea of how things are going to go from Bloomberg Youtube TV, which has been watching the asian etc markets overnight.
Very often one or many of the index markets in Europe, will set off upwards (or downwards, which you can also use).
That's lkely to be in Euros, so you need a platform which handles forex charges sensibly.
Trading212 can do that, two ways, but I'll only refer to the relevant one here.

Now, the move will not be a big %, but using standard Leveraging, which you get in a CFD account, you have "leverage" . You need £1000 to "use" £20,000 of shares in the index. It's 5%, or 20:1. The £1000 is called the"margin"
Or, you can say that if the index moves 1%, your gain is 20%

You look around the indices early on. Spain has been doing well, but often it's France or Germany.
This morning:, the DAX (German index)

View attachment 398100
The Net Volume indicator, underneath, shows that the money flow was at High for an extended period. Good for confidence.
Those are 5 minute candles. If you use the 1 minute ones, you have to hold your nerve for a minute of two, twitches happen in any rise.
You need to look at more than one timeframe, for any trade.

The rise started at 8am, there were a couple of twitches, only one of which shows on this chart , with the single tiny red candle at 9:00.
The indicator wason th eup again, so easy to be confident hold.

Suppose it had gone against me? Well, the indicator wouldn't have shown what it does, but you cold have lost a small amount. The point is you don't hold on "just to see".

I started with a small amount, adding when the indicator was clear. Several of the european indices were going up together, that's an additional confidence-giver.
You have to use an amount small enough that if the worst happened, you'd have a high probablility of catching it before you lost too much. That's not exaclty a chance gamble, it's weighted, a balance of probabilities.
using numbers, you might lose "1" unit of money, where the anticipated gain if things go as normal, would be "10".
So you can afford to lose 2-3 times.

This morning, I got up to £10,000 of margin. If I hadn't been feeling a bit down it might have been 10x that. I put most on at a quick dips in the saw-tooth of the movements. It develops a rhythm.
If it had dipped in a way that I didn't like, I'd still have been up, from where it started at the bottom.
One tends to do that, get out too early. One never gets it right. Not to worry. A gain is a gain - if I'd held on I could have got more.
If it had gone wrong early, I could have lost maybe £100-£200,, after that I would have been up if only a small amount. A once-in-100-times drop, might have cost me £500.
I "closed" about at the red line, so the price was up overall , 0.5%. But the gain is 20x that, so 10% of the margin.
Buying on the bottoms of the sawtooth, helps.

So that's £1k up, in about an hour.

That's a trade which would work, with those ducks aligned, say once a week. Sometimes, every day for a while.
The the overnight "mood", the time of day, other indices, the indicator, and whatever it was Bloomberg said about why things were rising.
Try it with a paper account.
With Trading212, you pay the fx fee, on the gain/loss (£1000) only, at 0.3%.

Sometimes there's something like a developing defence spending increase after a general announcement. Then you watch and listen more attentively. The market rise can be 3%..., and you put more margin...

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Notch7 said:

Im still learning the basics, theres plenty of information out there, but a lot of bad stuff.

Ive found Jason Graystone pretty good, here is an introduction covering the basics -he is legit

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Notch7 said:

many thanks, Im going to have a good look at this, I will try and set up a paper account for this and have a play

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Notch7 said:

Ive found Jason Graystone pretty good, here is an introduction covering the basics -he is legit

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Mottie said:

Strange that you felt the need to add the qualification "He is legit". That implies that you know that other links you put up are not.

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