Cosmo
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quote:
Originally posted by willay
of course theres also the possibility that RBS gets nationalised and you loose all your money. that would be proper shit 
exactly why its not the time to do it yet.
Let them sell off what they intend to do, cut all the jobs and get back to a solid company, then invest when you know nationalisation isnt going to happen.
Would be a good few year investment though.
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Paul_J
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quote:
Originally posted by Russ
well if your not in a rush and have a few k going spare..
10x what they are worth now in a few years easy.. considering they were around 60x what they are worth now about 18-24 months ao 
That's completely not what my strategy is about... You're risking a lot there in the long term...
This is about skimming a small amount every so often... So with my strategy, I'd of sold them at 22 or whatever, and if they ended up at 600 pence, I'd be none the richer as I had sold them at 22 pence.
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willay
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agreed cosmo, theres more grim finds for the auditors IMO.
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Paul_J
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quote:
Originally posted by willay
agreed cosmo, theres more grim finds for the auditors IMO.
which would be a benefit for my strategy...
You'd move the goal posts and repeat.
I'm not talking about long term hopes of them returning to big success...
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Russ
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quote:
Originally posted by willay
agreed cosmo, theres more grim finds for the auditors IMO.
more than likely but doubt it will be bad enough to push them onto theverge of collapse..
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willay
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quote:
Originally posted by Paul_J
quote:
Originally posted by willay
agreed cosmo, theres more grim finds for the auditors IMO.
which would be a benefit for my strategy...
You'd move the goal posts and repeat.
I'm not talking about long term hopes of them returning to big success...
i understand what you're going on about paul but with trading like this its about big sizes, if you want to take advantage of them pennies you need to have a massive clip to really cash in 
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Paul_J
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quote:
Originally posted by James
For example a lot of people wouldn't even realised that a simple press release could make the share prices rally, or plummit.
That's what I love about google finance stock viewer... it plots what news has happened on the graph
http://www.google.co.uk/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chdet=1235406988338&chddm=10911&q=LON:BARC&ntsp=0
Then you get to see how it can effect it (all in hindsight mind )
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Russ
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if your not talking a) long term growth or b) lots of big spends in shirt term, then you need ladbrokes not the stock exchange surely
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willay
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quote:
Originally posted by Russ
quote:
Originally posted by willay
agreed cosmo, theres more grim finds for the auditors IMO.
more than likely but doubt it will be bad enough to push them onto theverge of collapse..
could be, but what I was referring to is the chance of the RBS price being back up where it was.
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Paul_J
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quote:
Originally posted by willay
i understand what you're going on about paul but with trading like this its about big sizes, if you want to take advantage of them pennies you need to have a massive clip to really cash in
Yeah definately mate... I wasn't thinking about making my millions, more like making £30-£50 profit here and there.
[Edited on 23-02-2009 by Paul_J]
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willay
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quote:
Originally posted by Russ
if your not talking a) long term growth or b) lots of big spends in shirt term, then you need ladbrokes not the stock exchange surely
nah thats the stock exchange alright, I dont believe the FTSE is a long term investment, it always crashes like its programmed to IMO
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Russ
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but gambling a few hundred quid on the stock market is pretty pointless unless your only after aking pennies?
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Paul_J
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quote:
Originally posted by Russ
but gambling a few hundred quid on the stock market is pretty pointless unless your only after aking pennies?
Gambling £1000 with a stop loss that'll only lose you £100, with stocks like RBS can gain you £100-£200
This is what I've just explained Russ. Normally this wouldn't be possible, but since Banking shares are so cheap at the moment, small rises and falls in their prices are actually fairly large percentage shifts... You would not be able to do this when they were 600-1000 pence a share as the percentage shifts would be minimal.
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AndyKent
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quote:
Originally posted by Paul_J
quote:
Originally posted by willay
i understand what you're going on about paul but with trading like this its about big sizes, if you want to take advantage of them pennies you need to have a massive clip to really cash in
Yeah definately mate... I wasn't thinking about making my millions, more like making £30-£50 profit here and there.
[Edited on 23-02-2009 by Paul_J]
Seriously, look at Betfair - you can do exactly what you're talking about but far less risk (still slightly risky, but much less than dumping it all on a bank that might get taken over )
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Russ
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quote:
Originally posted by Paul_J
quote:
Originally posted by Russ
but gambling a few hundred quid on the stock market is pretty pointless unless your only after aking pennies?
Gambling £1000 with a stop loss that'll only lose you £100, with stocks like RBS can gain you £100-£200
This is what I've just explained Russ. Normally this wouldn't be possible, but since Banking shares are so cheap at the moment, small rises and falls in their prices are actually fairly large percentage shifts... You would not be able to do this when they were 600-1000 pence a share as the percentage shifts would be minimal.
if it were that easy though chap..
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Paul_J
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quote:
Originally posted by Russ
quote:
Originally posted by Paul_J
quote:
Originally posted by Russ
but gambling a few hundred quid on the stock market is pretty pointless unless your only after aking pennies?
Gambling £1000 with a stop loss that'll only lose you £100, with stocks like RBS can gain you £100-£200
This is what I've just explained Russ. Normally this wouldn't be possible, but since Banking shares are so cheap at the moment, small rises and falls in their prices are actually fairly large percentage shifts... You would not be able to do this when they were 600-1000 pence a share as the percentage shifts would be minimal.
if it were that easy though chap..
Read James' previous post...
It actually is that easy, but the average joe A ) wouldn't dare try it and B ) wouldn't be able to be strict to themselves and sell / buy when they had planned to. and C ) this won't last forever so it may already be near the end of the time you can cash in. E ) Most poeple can't sit watching stocks all day E ) People are doing this, but with more money on the line and watching it all day long - I believe J Da Silvia off here is doing this or said about doing it.
It can only be done now due to prices being so low and fluctuating so much...
Set yourself a limit of 10% profit and you'd get good results... the smaller the percentage gain you want, the more often the payout and less risk you have.
So setting a sell point of 22, a buy point of 20 and a stop loss SELL at 17, would mean that you get a 10% profit, every time the share price fluctuates 2 pence... which is happening up and down a lot.*
* however, after fees you may not make a lot, as you have to pay per trade.
It's about skimming a small amount each time this happens, rather than going for a huge money maker.
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James
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Have you actually found a company that lets you trade in this way?
Most are just to buy/sell shocks which takes a few days to settle etc. Not aware of any that let you trade equities in real-time?
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Russ
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your forgot D) and have two E)'s but good luck 
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willay
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capital spreads may do it in real time, I use to look after some of their kit.
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Paul_J
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quote:
Originally posted by James
Have you actually found a company that lets you trade in this way?
Most are just to buy/sell shocks which takes a few days to settle etc. Not aware of any that let you trade equities in real-time?
No I hadn't James. That could be the flaw in this then 
I had looked at the site you posted a while ago iii.co.uk - but hadn't actually bought any yet! I had assumed it was fairly instant purchases / selling...
If you're right and it's days to settle - than that explains why you can't just do this   and answers my questions.
haha, yeh I wrote two E's as I added one to the end and then moved it around and forgot to change the letter.
[Edited on 23-02-2009 by Paul_J]
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James
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Yeah you can do spread betting quite easily.
Take a look at http://www.cityindex.co.uk
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James
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FYI finding a company that offer real-time trading will be impossible because it will always by delivered via the web and therefore never genuinely real-time.
I know City Index have some sort of web-based trading platform as I almost got a job working on it but you will never get 100% real-time.
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Paul_J
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quote:
Originally posted by James
FYI finding a company that offer real-time trading will be impossible because it will always by delivered via the web and therefore never genuinely real-time.
I know City Index have some sort of web-based trading platform as I almost got a job working on it but you will never get 100% real-time.
I wouldn't mind minutes (20-30 mins max) of delay... but days like you suggested would be a complete spanner in the works.
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willay
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just find someone to execute your trades 
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Tim
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This is what algo systems do all day long on the FX markets.
As James said bear in mind the fees. A lot of brokers batch their customers' trades, but that introduces time delays for you. You can generally pay a premium for quick execution...
Also you'll need a decent market data feed -- most the free online ones are delayed 15-30 mins.
[Edited on 23-02-2009 by Tim]
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