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Where can i discuss share buying?

hi guys

i know there is a thread dedicated to ways of buying shares/portfolio building online, but are there any sites which specifically talk about WHICH shares to buy, market conditions, economics impacting on sectors and fundamental analysis etc, i dont mean share tips but people looking to buy and in the same boat?

Iv been on motleys fool but find the whole layout of that site REALLY awkward and there arent many others out there, apart from iii, google/yahoo finance for stock info etc.

many thanks for any advice
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Comments

  • [Deleted User]
    [Deleted User] Posts: 12,492 Forumite
    10,000 Posts Combo Breaker
    CBP, I guess that you are looking for someone experienced to tell you what to buy and what not to buy and when to trade. Most of us learn the hard way by trial and error and that is the very best way to learn. In time you develop a `feel` for share trading. I started by opening a £100 account with finspreads and I did spread betting literally a penny at a time (I don`t know if you can any more) and then I traded the dow and boy is she fast moving. I never ever went out of my comfort zone and learnt to close losing positions quickly. I also went on some top notch courses in London

    There are some good books for beginners eg the zulu principle and TA books like TA of the financial markets by Murphy. At least get to fully understand the basics yourself and then weigh up your risk profile before deciding what type of shares to buy. If in doubt then go for the good ftse 100 shares (epic UKX) that can stand up to stock market turbulence
  • Kua
    Kua Posts: 303 Forumite
    Part of the Furniture Combo Breaker
    Kittie, it looks like you are more of a trader than an investor. I'm very new to all this myself but think the OP might be better advised to stick to investing.

    I bought the Dummie guide to investing in shares and its proved invaluable (but don't make the same mistake I did and buy the American version).

    Motley Fool is a great place to get a feel for what's out there and how other people interact with the markets. But you should certainly learn how to do your own research. I've thoroughly enjoyed reading up on it, asking questions and now feel as though I have an idea of where and how I want to invest.

    But I absolutely agree: the layout and functionality of the Motley Fool discussion board is horrid (imho). You might find it interesting to check the discussion boards on iii.co.uk.

    Good luck to you!
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    A mix of both is a good idea for most. Holding onto shares forever isnt that profitable, it can be a disaster.
    I believe average stockmarket growth is 3%

    I think the iii boards are pretty awful tbh, its a gamblers pit in general. Reading some good books and doing minuscule bets on finspread is a good way to start because practise is alot different to theory

    start off with alot of watching and a tiny amount of trading then scale up if you feel a clear direction.
    Its more about gut instinct and an empathy for the market then anything like an intellectual exercise.

    It helps to understand all perspectives but develop your own also because there is number of trading or investing styles and you will only be good at one type imo. Finding out which could get expensive and frustrating


    Another bulletin board link below, just a resource of questionable quality tbh. There is no where perfect afaik, it would cost alot if there was

    http://www.trade2win.com/boards/general-trading-chat/62964-when-i-joined-t2w-good-place-learn.html


    http://www.investopedia.com/terms/s/sharkrepellent.asp
  • marvin
    marvin Posts: 2,187 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    Just to add the LSE (London South East) site is ok for chat.
    I started with nothing and I am proud to say I still have most of it left.
  • uk_steve
    uk_steve Posts: 375 Forumite
    A mix of both is a good idea for most. Holding onto shares forever isnt that profitable, it can be a disaster.
    I believe average stockmarket growth is 3%

    I think the iii boards are pretty awful tbh, its a gamblers pit in general. Reading some good books and doing minuscule bets on finspread is a good way to start because practise is alot different to theory

    start off with alot of watching and a tiny amount of trading then scale up if you feel a clear direction.
    Its more about gut instinct and an empathy for the market then anything like an intellectual exercise.

    It helps to understand all perspectives but develop your own also because there is number of trading or investing styles and you will only be good at one type imo. Finding out which could get expensive and frustrating


    Another bulletin board link below, just a resource of questionable quality tbh. There is no where perfect afaik, it would cost alot if there was

    http://www.trade2win.com/boards/general-trading-chat/62964-when-i-joined-t2w-good-place-learn.html


    http://www.investopedia.com/terms/s/sharkrepellent.asp


    i have just signed up to trade2win

    i am sure its worth me reading a few posts for information purposes


    thanks for the link
    Oh well we only live once ;-)
  • Dave101t
    Dave101t Posts: 4,157 Forumite
    i concur, the LSE london south east is where i spend most my research time
    Target Savings by end 2009: 20,000
    current savings: 20,500 (target hit yippee!)
    Debts: 8000 (student loan so doesnt count)

    new target savings by Feb 2010: 30,000
  • fergual2
    fergual2 Posts: 179 Forumite
    marvin wrote: »
    Just to add the LSE (London South East) site is ok for chat.

    Marvin are you Marv from the lse forum?

    I'm in LSE too digging out nuggets of info.
  • [Deleted User]
    [Deleted User] Posts: 12,492 Forumite
    10,000 Posts Combo Breaker
    I definitely don`t like motley fool either. Trade2win is ok though. Moneyam investors board is full of rampers and de-rampers but very good for stockwatch and graphs

    Sabretoothedtigger is right about holding onto shares too long. Ok if you want divis from a pretty stable share but look what happened lately and I bet the high yield portfolio crowd on the fool board has gone quiet. They were all buying to hold forever. Many of their recommendations have lost 50% or more

    The learning process is fun CPB and don`t forget that you are the best one to deal with your own financial decisions
  • marvin
    marvin Posts: 2,187 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    fergual2 wrote: »
    Marvin are you Marv from the lse forum?

    I'm in LSE too digging out nuggets of info.


    Yes I am the same paranoid android with a pain all down the left diodes!
    I started with nothing and I am proud to say I still have most of it left.
  • marvin
    marvin Posts: 2,187 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    kittie wrote: »
    I definitely don`t like motley fool either. Trade2win is ok though. Moneyam investors board is full of rampers and de-rampers but very good for stockwatch and graphs

    Sabretoothedtigger is right about holding onto shares too long. Ok if you want divis from a pretty stable share but look what happened lately and I bet the high yield portfolio crowd on the fool board has gone quiet. They were all buying to hold forever. Many of their recommendations have lost 50% or more

    The learning process is fun CPB and don`t forget that you are the best one to deal with your own financial decisions


    Its like one big game of poker at the mo, knowing when to hold 'em and knowing when to fold them is either a great skill or a big chunk of luck.
    I started with nothing and I am proud to say I still have most of it left.
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