UK Stockmarket 2009 and beyond

tonygee_3

FDL is unpredictable,however once it starts climbing it can do well,personally I would sell the lot and take the profits.
If you are with selftrade they offer 'trailing stops'(although Ive never used them)where a sell is triggered automatically if the price falls a set %

uk_steve

Hi Tony


i usually do spread my holdings over 1.5k to 6k thats why i had a holding of 4k with FDL in the 1st place

i still have my normal portfolio which i keep to that limit Tony
and will keep to that methord

but with the other money i do what i feel comfortable with,
also to me it was a good offer to take up hence why i took that amount i did.


I have not set a bench mark on any 1 stock with this new portfolio i am doing now

the rest of the money may not even go on the stock market if i see nothing i like Tony or feel comfortable to invest)

i know what you saying big egg in 1 basket is high risk


but i have all the other eggs to keep it stable in the long run hopefully


thanks for the advice;)

sabretoothtigger

http://finance.yahoo.com/tech-ticker/article/298957/Dollars-Hit-a-%22Major-Bottom%2C%22-Prechter-Says%3A-Why-Thats-Not-Such-Good-News

This dude says dollar to rise which would fit in with a stocks pullback.

However he is a long term dude and also pretty extreme, eg. also says sensex will quadruple.
Maybe it will but these things can take years to start moving one way or another so Im not sure on his immediate timeframe for this call

tradetime

Yeah I don't really get Prechter, don't follow wave theory, so I suppose that may have something to do with it and I haven't listened to enough of his stuff to get a handle on how his analysis fits with the real world, since most of his realtime commentary is subscription. I do recall he put us in a bear market in 2000,which was correct, and moved all his subscribers into treasuries., where he kept them, but if I understand him correctly, we are still in that bear, which means since the market rallied from '03 to '07 you can profit quite handsomely contrary to his views, but I could have him wrong. He did call the low in March along with Marc Faber, so that was spot on.

As you say he does tend to be long term, though that call on the US$ needs to take hold fairly soon. I dunno, I am working my way through one of his books at the moment. I however don't get the deflation thing, it was a threat for a while, but everything I see points to inflation, and a lot of it.
The trouble with these guys, is it seems the media, Bloomberg et al can never get two strongly opposed positions head to head, ie put Prechter and Faber head to head, not from a preconceived idea of who is right, but from the simple fact that they have enough depth of understanding of their subject matter to really take each other apart. Most interviewers don't really know enough to fully question or contradict some of these theories.

hens00

Im pretty newish to investing/trading. The more books I read about it, the less I understand! It appears to be quite straightforward - the price will either go up or down. Thats a 50/50 chance of getting it right, so surely it must be easy...or so i thought. Theres lots to learn and even when you have learned it all, you will still get it wrong!

[Deleted User]

hello hens00

Don`t get bogged down in fancy stuff. Learn some basics about support and resistances, learn to go with the trend. Read a bit about trading psychology, `trading in the zone` by Douglas is very interesting. Look at stock trading ranges before you trade.

Yes we can and do get it wrong but not all the time, don`t expect to be perfect and learn to cut a loss quickly. I cannot follow a positive trend to the bend at the end because I have seem paper profits decimated in the past. For the last two years I have been taking profits when I see them. This is my way and you must find your own way

Re going up and down: I like to see retracements and ranges

tradetime

hens00 wrote: »

The more books I read about it, the less I understand! It appears to be quite straightforward

It actually is fairly straightforward, depending on what exactly you are trying to do, just people are tricked into believing, and making it far more complicated than it is.

turbobob

What have you read hens? Are you actively trading or investing now?

sabretoothtigger

I however don't get the deflation thing, it was a threat for a while, but everything I see points to inflation, and a lot of it.

Thats what I thought but I dont doubt the markets ability to fox obvious expectations we have of it.
I cant really be surprised if the market is screwy just like it was today, whipsaw action



Only 3% think the dollar could get stronger from here, that might explain alot. Doesnt the FOMC news today run in line since it'll be less QE
The wave theory adds up in general but its not for trading, it matches herd instinct and the fact its easier to make money when following the crowd until some big guys take profits elsewhere and shut it down

If you are with selftrade they offer 'trailing stops'(although Ive never used them)

Dont set it too tight on a good stock and dont set one in the afternoon last thing - like I did and got stopped out the very next morning :doh:




Risk awareness runs separate from profits. Like running a red light, you can get home 5 minutes early but without realising the extra risk, the deal is no good

heres my risk gauge :cool:

turbobob

ROFL :rotfl: Where do you get these pictures from STT

I think trailing stops are good in principal but need a bit of skill to set correctly... Set them too tight or have them move too readily and they will stop you out by default