How’s your luck with shares these days?

[motorbiking]

Rolling averages works for most. Doesn’t require much thought. Unfortunately the changes to CGT have meant even lower tax bands pick up significant taxes on gains.

You could probably ask an AI to assess the buy and sell of a stock based on rolling averages

 

[Justin Passing]

Repeatedly you say DIY investors lose money but provide no evidence.

Your question to JP again shows you don’t understand this topic well.

CGT trigger?? The G makes it not so bad....?

Stock market dabblers lose money, usually they don't do the homework , and if they pander to their illogical psychology. We all have it. The amount on the table has to be just a number.

 

[Justin Passing]

I remember years ago on another GD forum, those people who knew about shares always used to post "BTFD". Which stood for Buy The ****in Dip. And that is the total extent of my knowledge when it comes to this sort of thing!

That can work, but then if the dip carries on...... oops.
By AFTER the dip.
Buy a rising trend not AT the top. Sometimes there's no dip, all you get is a hesitation or a tiny swing back.

"You could probably ask an AI to assess the buy and sell of a stock based on rolling averages"

They started that decades ago. It works.
There are a few platforms you can use to do the trading for you.
You can add a whole load of other "indicators" You can use AI to optimise it.
There are many platforms where you can "back test" using previous prices.
Even "buy when the last couple of days were good" works on something like the S&P500.

Even buy all-time-high, works, surprisingly.

A Brit I know of, writes his own codes. He's operating on stocks , now getting high 30's % return. I've predicted before that we;ll all have AI on our phones trading for us, so everyone will have loads of money, but nobody will cut the grass, or fill the shelves.

 

[MNW67]

really go on then put up what you think he said

I wasn't paying much attention. But was it something along the lines of his wife already had £50K. And then he was going to buy £50K in his own name. So that in the end they would each had the maximum of £50K each. It seemed a very simple and reasonable explanation.

 

[MNW67]

That can work, but then if the dip carries on...... oops.
By AFTER the dip.
Buy a rising trend not AT the top. Sometimes there's no dip, all you get is a hesitation or a tiny swing back.

I should have said that this was in the years immediately after GFC, when every utterance from the central banks and other policy makers caused a big movement either up or down, and seemed to be followed by a correction the next day. So it might have been specific to that time period.

 

[gas112]

I wasn't paying much attention. But was it something along the lines of his wife already had £50K. And then he was going to buy £50K in his own name. So that in the end they would each had the maximum of £50K each. It seemed a very simple and reasonable explanation.

your right you were not paying attention thats not what he said

 

[MNW67]

your right you were not paying attention

That made me LOL!

 

[Justin Passing]

Check short NVDA. I'm doing ok in the last hour. It's about the best of the bunch at the mo. Using SNV3

It'll probably carry on this pm, but set your risk tolerance, set the stops.

Bigger picture, NVDA for the day. I've put some levels in, it'll move beween those, tending not to reverse when not at one.

 

[motorbiking]

That’s funny. We are betting against each other.

 

[motorbiking]

CGT trigger?? The G makes it not so bad....?

Stock market dabblers lose money, usually they don't do the homework , and if they pander to their illogical psychology. We all have it. The amount on the table has to be just a number.

I’d rather not liquidate the gains while I’m an additional rate tax payer. Better to dribble them out slowly when I’m a poor pensioner with “low” income.

 

[denso13]

your right you were not paying attention thats not what he said

What did he say?

 

[noseall]

I said that shares can go down as well as up

Stock punters are the same as any gambling mug I.e. you hear them scoffing about their greed, when their pockets are filling.
I could not care less if the Dow Jones tanks an they lose their portfolio patterned shirts.
Fùch em all.

 

[Odds]

It's all going very well...

 

[Justin Passing]

Stock punters are the same as any gambling mug I.e. you hear them scoffing about their greed, when their pockets are filling.
I could not care less if the Dow Jones tanks an they lose their portfolio patterned shirts.
Fùch em all.

You'd be in that majority 70% too. Stay away.

 

[Justin Passing]

It's all going very well...

ANother 12% profit - if you were there. Zero skill to follow it.