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Trillions of dollars wiped from stock markets..

Not really, you give me five mars bars for my house and you only sell it for four, you can't come back to me for the missing Mars bar.
That's because it's relative values, not absolute. If Mars Bars are appreciating faster than houses, buy more mars bars, then you get more houses later.

You might want to ponder "national debt".
USA 's is $36 trillion. WHere is it? Mars. In the Bars.
 
That's because it's relative values, not absolute. If Mars Bars are appreciating faster than houses, buy more mars bars, then you get more houses later.

You might want to ponder "national debt".
USA 's is $36 trillion. WHere is it? Mars. In the Bars.
So to answer Densos question in post #13 my answer in post #15 is correct
 
NWGS2 has a point here.
Morally is it right that money is used as an instrument to make money?
Like the from the umpteen trillions of dollars of forex traded every day? Possibly not.

But I've been making from shorting the Nasdaq. Even I have been leveraging the move times -20.
Nobody can say it hasn't been predictable.
So when it drops 5%, I double my money, simples. Sell at end of day. Next morning, have another look. As long as the trend is A LOT, up or down, what you do is open the trade and watch, with your finger on the stop button.

"Pro" accounts have higher levers. (They can also use Options which mean much higher levers. Amateurs can do that too, but I haven't.)

It's not really hard. You look at the screen and follow everyone else. It feeds itself - positive feedback. People buy because it's going up. Same when it stops and falls, but have a look, it's not that sudden. Overnight is where the major risk is, so don't do that.

Billionaires will have made several billions per billion, not millons.
Though there is a limit, if your trade is big enough you affect the market. Not a problem at the millions level in a trillions market.
I’ve seen people do that, they see if the market goes up a few times and follow it up or down.

Is that how you trade ?
 
I’ve seen people do that, they see if the market goes up a few times and follow it up or down.

Is that how you trade ?
In simple terms, yes.
There's a saying, "Don't anticipate, participate"
Anticipate is ambiguous, but the phrase means wait for evidence of the move then join it.
You do anticipate in that you make sure you're ready...
Also "The trend is your friend". It's true.
Artif Intelligence is trending up. OK, so join until it slows down, then get out and watch. You don't need all the rise.
Then sit in a bond at 15% or 25% until you spot another trend....

Every day there are little trends, which can be several %, which is Day Trading.
 
In simple terms, yes.
There's a saying, "Don't anticipate, participate"
Anticipate is ambiguous, but the phrase means wait for evidence of the move then join it.
You do anticipate in the you make sure you're ready...
ALso "The trend is your friend". It's true.
AI is going up. OK, so join until it slows down, then get out.
Then sit in a bond at 15% or 25% until you spot another trend...
I’ll have a look tomorrow.

Any particular shares ?
 
In simple terms, yes.
There's a saying, "Don't anticipate, participate"
Anticipate is ambiguous, but the phrase means wait for evidence of the move then join it.
You do anticipate in the you make sure you're ready...
ALso "The trend is your friend". It's true.
AI is going up. OK, so join until it slows down, then get out.
Then sit in a bond at 15% or 25% until you spot another trend....

Do you think there will be another blood bath Monday?
 
In simple terms, yes.
There's a saying, "Don't anticipate, participate"
Anticipate is ambiguous, but the phrase means wait for evidence of the move then join it.
You do anticipate in that you make sure you're ready...
Also "The trend is your friend". It's true.
Artif Intelligence is trending up. OK, so join until it slows down, then get out and watch. You don't need all the rise.
Then sit in a bond at 15% or 25% until you spot another trend....

Every day there are little trends, which can be several %, which is Day Trading.
most diy traders lose money.

If you want to day trade you gotta be at it hours a day.

For the vast majority of people a managed fund or managed portfolio is best.
 
most diy traders lose money.

If you want to day trade you gotta be at it hours a day.

For the vast majority of people a managed fund or managed portfolio is best.
No that is terrible advice and it shouldn't be true, due to the fact that the markets tend to go up long term. These are not Casino bets where the house wins. The vast majority of people are better off with either trackers or a balanced portfolio of ETF, trackers that match what the man who tried to sell you a managed fund suggests it would look like for his 2% a year. There is one exception. If you are a 45% tax payer you may be better off with a managed fund, to avoid tax on dividends and capital gains on buying and selling yourself.

I was mostly buying on Friday, but expect to lose in the short term. Generally you buy on the way down and sell on the way up. Some of my big triple digit gainers were reduced to double digits on Friday. I expect short term it will get worse. Eventually Trump will have too many billionaires whispering in his ear and he will forget all about his daft idea of having a global trade war. I wouldn't be surprised to see some of the big techs dual list to avoid the fall out.
 
We put 10k in a media bond, ie a bond to finance film and television productions, with those type of specific investments you can either go for just the interest payable which was 3.75% over 5 years or 1.1% and a share of any profits. we like a bit of a gamble and as seeing that we still received a fixed 1.1% over 5 years ( thats 1.65% per year if you were payed gross interest and had to deduct tax) on the original amount the only real risk was that the investment went bankrupt and couldn't pay. As a bond has income tax( basic rate 20%) and capital gains paid at source, any further gains are tax free if your total income for a year does not go above the 20% band . In the end we got back some 23K ( as we took profits below the chargeable event level of 5% of the bond and attended both the Maverick and Mission impossible premiers... which was probably worth more than the return in terms of life experiences.
 
No that is terrible advice
You have not said where or why.

A managed portfolio of managed fund or yes a tracker is a better place for majority of people than dabbling in shares.




I notice you haven't called out Justin Passings terrible advice.
 
You have not said where or why.

A managed portfolio of managed fund or yes a tracker is a better place for majority of people than dabbling in shares.




I notice you haven't called out Justin Passings terrible advice.
Do you know what a managed fund is?

What terrible advice did he give?

He basically said buy on the way up and sell on the way down. I agree with that approach. You can't buy at the bottom and sell at the top without a Time Machine.
 
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