Stock market dealing

An open trade for illustration:
It's the Dow
1749201456429.png

Trade opened long at $42506.1, at time 10:26.
The Levels were established in the previous hours
One whole share...
Take Profit (Stop sell) set at $42549 wins you £31.69
Stp Loss (Stop sell) set at $42489.5 loses £12.33

The TREND depends on the timescale. Since 08:00 it has been down. One could have traded that.
Since the day started however, the trend is Rising.
So the entry point is near the bottom of that rising channel.
The trade will (probably) get to 42549 but'll likely hesitate about half way to getting there, going back a bit.
There's always the question of whether to take a profit early or let it run all day.

The Spread is shown by the Bid and Ask likes ((Sell and buy prices).(feint lines)
The move always has to be several times the spread, or you can get stuck by that.

You can always slide the stop-loss up to just below the current price, but a wiggle is likelyto hit it , where the price would actually be going up soon.

You can also set a Trailing Stop Loss, where the price pulls the Stop Loss price up, as though on a piece of string. Then if the price rises for a time, and starts to drop, it hits the TSL, and you get most of the gain. Getting the length of the string right, is tricky.

See?
 
As expected, the price went up, and here it's near a point where it wouldjuggle, so you can just hit Close and take the profit.

The MARGIN is the amount of £pot being used. The leverage on an Index is 20x. SO you can make your £30 when only using £1571 and not the $42000.
1749202747894.png
 
On 24 may, post 1004, I posted this:
1749396661911.png



Suggesting it might go back down to the bottom of the Channel I "shorted it".
It has dropped a BIT, but not much.

The movement since, is to the white blob, it's at 178. It has been at Trading 212 where you have to pay to "short" , and that's costing too much. It's about "flat". I wanted it to fall faster.
I've closed the position at T212, and opened one short, not leveraged, on eToro.
That's free as it's not leveraged, you aren't borrowing so you aren't charged.
If it drops to say 172 (where the line has an arrowhead) Then £178 would give a £6 profit (3.3%), and pro rata, which isn't enough to commit the funds for what looks like it might be 3 weeks.
One percent a week sounds great, but it's
too meh to bother with as there's also an ex-dividend date coming up (11th I think) which will complicate things. Whenever you buy anything you have to watch out for Ex Div dates, they can mess up your expectations. The share price would drop by a couple of percent and you get paid the couple of percent in 1 or 2 months' time.

The platform eToro is better than Trading212 if you just want to buy and sell a few shares. I don't like it to use, and their "spreads" are wider, but you CAN use "Take Profit" and "Stop loss" on simple buying and selling (unleveraged), and use trailing stops. And it's free to Short, unleveraged.

So, it's not a loss, but it didn't turn out as hoped.
I could post a few which have worked, but...
 
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Jolly good, bought Oil & gold/miners when Trump pulled Iraqi embassy staff.

Now that the Israelis have done the deed it's up a bit.

Probably should have sold everything else, but didn't.
 
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Interesting - a couple of minutes in, the asian woman, who is a very successful trader, says how she feels her brain works for trading.
The psycholigist goes on to try to analyse what's going on.
 
ORCL. $215 sell or hold?

I've been a long term investor in this company, but would rather not get stung for 24% CGT.
 
Justin Passing said:
The guy who posted in this thread for a while, Arbu, wasn't stupid but day after day he's do daft things, like sit in a trade for half an hour while it was losing.
Click to expand...
How do you define "losing"? There's always lots of noise. If you had read about the US moving personnel out of Iraq on security concerns on Wednesday evening and so bought oil, your trade would have been losing all Thursday morning. So that would have been daft not to have closed it out?
 
Arbu said:
How do you define "losing"? There's always lots of noise. If you had read about the US moving personnel out of Iraq on security concerns on Wednesday evening and so bought oil, your trade would have been losing all Thursday morning. So that would have been daft not to have closed it out?
Click to expand...
Oh that's another of your "oh but you said"s where you take one small part of the picture and ignore the obvious. If you're day trading you're watching. You showed several trades where would buy in anticipation on a small uptick in a downtrend, then hold on while the trend carried on down. The opposite of what I kept telling you to do.

OIl was a gamble that something was going to happen. Not a trend. I bought when Bloomberg announced, at $67. It sold early morning on a trailing stop-loss at 74 - I wasn't there to see the peak. It went back up again after that of course, but the main move had been used.
When I arrived at UK market open on Friday it was falling , but the news was was such that I bought some at 71.5 when it started going up again. I don't have as much but I held because I didn't think the situation would go quiet over the w/e.

--

Oracle is an AI software play so everyone and his bunny rabbit says buy. I had some but bought a bit more 3 weeks before the results were coming out, 23rd May when it tilted away from the 50MA.. It was up 156 to 180 by results day so I sold half - just a guess.. You never know what's going to happen on results. There can be a beat all round but it can drop like a rock. Luckily it didn't, so I rebought the half while the price was reacting , upwards. High enough now, I think. I have a tight stop under it. 51 P/e and $5 a share. aren't too worrying, just yet. The long term trend is favourable, unlike say Adobe. It's a closeish match for SAP, which has been flat for a while. I'm no financial analyst ....
The price-action, says it's due for a drop.
I'll be holding for a while unless it hits the stop - wouldn't hold it without one. I may sell it, it's in an ISA so taking up space. I'd rebuy at 150 or so!

1749953769338.png

Most of those aren't really competitors afaik, but they're in a similar "space." It has some of what they call a "moat".
 
Wrote that earlier - forgot to press 'post'.
If things don't escalate the oil price probably won't change massively. For oil, a percent or two is random variation difficult to predict.

Threats on the straits of Homuz though, which look likely now, could have a large extended affect.
So far my interest in oil has been at a small level relative to a total. I mean if 1% gets a 20% or even 60% rise, it's not overwhelming. The fact I'm using 10:1 or 3:1 (as in an ISA) leverage, mushrooms if a larger proportion is involved.

I should edumificate myself about the history of oil price results, as a function of Iranian testiness, because the outcome could be large.
To be vulgar and use numbers, per 1m put into oil at 10:1 with a rise to $100 a barrel from $70, the gain would be 4.3m.

Large and significant is a slippery concept here, because the numbers are already irrelevant to my day to day life. I shouldn't have gone to Specsavers, though.
This is where the corporate operators have an advantage. They still get paid whatever happens, clear of personal involvement. But the chances are, they will make the correct decisions and make billions for their companies.
 
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Dereekoo said:
The little monkey
Click to expand...
Reeves has a couple of degrees of freedom here.
Purchase of UK equities gets 0.5% tax.
So If I'm going to "inverst in the stock market", I'm turned away. If nothing much happens to the price of those stocks, I lose the 0.5%.
(Buying US stocks has some general attributes - you need to hold a $ account so you don't have exchange costs, but movements, particularly on selected stocks, are much higher than you'd likely get in the UK, though there are a few notable exceptions. )

Therefore, the bulk of anyone's longer term money would tend to be in the US. This is mostly ONLY relevant to large institutions and pension funds, because of the quantities on money involved.. You and I don't matter much, to HMG, but it matters to the press, and to us..

BUT if she wants the Clapham bus man to put his savings in British assets, so they can invest it in their growth engines, she might want to revisit the tax. I don't know how much it actually brings to the treasury,
A Government Body set up to advise the UK saver towards the SM ISAS could be a worthwhile investment in itself. It could make a large profit!
People are scared of "the stock market".

From AJBell:
"19 Mar 2025The total value of ISAs held by UK adults is up 64% in a decade, from £443bn to £726bn between 2013 and 2023. Around £431bn is invested in stocks and shares ISAs, and £294bn in cash ISAs. A further £9.9bn is held in Junior ISAs for children, with £5.4bn in investment accounts and...."

There are many many tools large investing institutions can use to improve outcomes. A most obvious one, is to " go short" when the market falls, so the investment value rises. It doesn't work 100% efficiently, but overall provides a gaain. . That's much more difficult for the individual.

Over time, a return considerably higher than the building societies, could be expected with justified faith. The BASE figure could be the Money Market rate, which is about the same as the BS's.

I can post examples of stocks which boringly trundle along at 5-10% or a bit more pa pretty consistently, if anyone's interested.
 
I'm stuck with some gold. In "funds" you can't sell quickly so I'll just hooold.

Europe might take years to finish haggling, I fear but European banks should have some upside.
Yep DAX x3 was good.
Do you use funds? Barings German was working well, also Artemis Smart Garp Europe...
91 UK Special SIts has been good for a while.
Did well in Kospi which was rocketing then stalled, but has started moving again, I hope. Long term might be good.
JPM Europe Absolute Alpha is an odd one which is OK over a period.
MAN Dynamic Income I H remains a staple.
I had a couple of Defence ETFs but they're oversold on ecxitement I think, they should crawl on up.

AMD was the obvious today. They got an Upgrade from Piper Sandler, Reported premarket by TTV. 7-8% and $ rise, It just kept going.

Had some fun with SRM today, it went up about 500% :oops:.

BTW Google TTV's Cherif Ghobrial, Toronto. Struck off as a lawyer, with 39 indictments :rolleyes:
Stole a ton, Not sure if he went to prison.

@Arbu Are you still trading?
 
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