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Share Dealing Discussion Area

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  • merriemark wrote: »
    Hi,

    I am keen to get into this and would love to know which online trader you now think is the best! thanks guys! I love the site and it has saved me £££s!

    The cheapest and best at the moment is www.iii.co.uk, if you set a trade in advance (even a day) on certain dates then theres NO TRANSACTION FEE, otherwise once this offer is up/you want real time trades its only £10.
  • xyy123 wrote: »
    1. Open a stockbroking account - make it a low cost one if you're only dealing with small amounts of money and one without an 'inactivity fee' - I use 1st direct and the execution seems pretty reasonable.

    2. Do some research on trackers - I tend to use iShares - and if you can, get an Acc fund or a SCRIP divididend to roll up the distributions (assuming you don't want the income for whatever reason).

    As a rule of thumb, I aim to keep total costs (include the cost to sell as well as the ETF fee below 1%).

    You'll probably want to use your ISA allowance too if you haven't already.

    3. Buy the security you want.

    4. Make money (hopefully).

    On a slight tangent, if you're a student, and this is long-long term money, you may want to consider a FTSE All Share or FTSE All Small tracker, small caps generally do better over the long long term than large/mega caps.

    Hi there,
    thanks for the detailed reply. I have been busy with uni work, but i have some time to start the trading now. Just wondering if you could recommend any brokers.
    the only ones that i know of are:
    HSBC
    Barclays Stockbrokers
    IG
    I will probably want to trade 3-4 times a week and will start with about 500 (pounds, no pound sign on keyboard) and i will ideally like to grow my portfolio and diversify.
  • tradetime
    tradetime Posts: 3,200 Forumite
    edited 25 February 2010 at 10:23AM
    I will probably want to trade 3-4 times a week and will start with about 500 (pounds, no pound sign on keyboard) and i will ideally like to grow my portfolio and diversify.
    Trading 3-4 times a week with £500 capital base is wildly optimistic to put it lightly, I'd say unrealistic. Trading and "growing portfolios and diversifying" are two different concepts, traders are all about the short term booking profits they neither diversify nor build portfolios, Investors build portfolios and diversify.

    With that sort of capital base I would suggest you look at something like Interactive Investor's Portfolio builder and look to build a portfolio over time either in quality shares, or in ETF's.
    Alternatively you may be better going the fund route, but I don't deal in those so can't really say.
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
  • Davey2009
    Davey2009 Posts: 165 Forumite
    edited 25 February 2010 at 12:48PM
    Im a client of Hargreaves Lansdown actually its a SIPP but I trade probably too often
    I like some oil & resource stocks on Aim as they can move quickly (either up or down)
    I was very tempted by Creat Resorces following an article in the Times on their prospects following a reverse takeover however they have fallen sharply following their failure to renew mining licences..... is this a buying opportunity maybe :eek: but to risky for me.
    You may find "Sharecrazy" an interesting site lots of info & a good community board there dealing costs start at £10 per trade (I think) - the cheapest share dealer might be "The Motley Fool" if you register they bulk all the transactions & I think you pay about £3 to deal which can be good if you are buying something for the longer term for e.g property shares & don't need to trade instantly.
    Finally Investment Trusts many run free dealing share purchasing schemes "Trustnet" is a good site to check all their prices & the Net asset value price which could be at a premium or discount.
    Good luck

    One tip I will give you is to be carefull about following people who tip shares do your own research look at fundementals study balance sheets & be patient it is far easier to lose money than make any
    Theres only two rules to remember
    1) Im always right
    2) See rule 1
  • Has anyone got any opinions on Super Dry?
  • ok people, sorry if this has been asked before.....

    im looking to get into trading and dealing with shares and im a complete novice, i would not know where to begin. i was wondering if some of you nice people could point me in a few directions to help me get started

    any info would be great

    many thanks
    :confused: If i didnt have any bad luck id have no luck at all!! :confused:
    £2 Savers Club - £22
    £365 in 365 days - 21/365
  • Being 50 pages long I haven't read this thread through, so apologies if covered already.

    Why do you not use spreadbetting instead? No capital gains, lower costs, easier trades?
  • Being 50 pages long I haven't read this thread through, so apologies if covered already.

    Why do you not use spreadbetting instead? No capital gains, lower costs, easier trades?

    not 100% on spread betting either, wouldnt know where to start
    :confused: If i didnt have any bad luck id have no luck at all!! :confused:
    £2 Savers Club - £22
    £365 in 365 days - 21/365
  • dwjohnno81 wrote: »
    not 100% on spread betting either, wouldnt know where to start

    That was really just a general question for those who trade shares.

    Spread betting is not hard. Plus you can have a play for a smallish amount of money. The only one I tried was tradefair. You can have a play with a practice account and when you want to trade, they match your first deposit up to a certain amount (Think it was £75 when I did it a while back).

    I may be missing something, but I don't understand why you would buy shares instead of spread bet. Spread bet, you bet on a share or an index going up or down, by say £1 a point. If you bet up and they go up 10 points, you make £10. They go down 10 points you lose £10.

    But as it is classed as gambling there is no CGT. Just trying to understand why peeps chose to actually buy and sell shares instead.
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    edited 28 February 2010 at 12:17AM
    Spreadbetting is high risk trading not investing . It works best when you guess exactly when a stock will move in just one direction



    Try some fantasy share sites to see if you can predict at all

    www.bullbearings.co.uk


    http://www.stockchallenge.co.uk/site/forms/subform.php

    [B]Monday March 01[/B] 
    
    INTERIMS 
    Allergy Therapeutics, Petmin, Tongaat-Hulett 
    
    INTERIM DIVIDEND PAYMENT DATE 
    City of London Investment Group 
    
    QUARTERLY PAYMENT DATE 
    JPMorgan Claverhouse Inv Trust 
    
    INTERNATIONAL ECONOMIC ANNOUNCEMENTS 
    Construction Spending (US) (15:00) 
    Current Account (JPN) (23:50) 
    ISM Manufacturing (US) (15:00) 
    ISM Prices Paid (US) (15:00) 
    Personal Income (US) (13:30) 
    Personal Spending (US) (13:30) 
    PMI Manufacturing(EU) (09:00) 
    PMI Manufacturing(GER) (08:55) 
    
    FINALS 
    Access Intelligence, Amlin, ANT, Arena Leisure, British Polythene,  Hiscox, HSBC Holdings, KazMunaiGaz GDR (Reg S), Kingspan Group, Landkom [URL="http://www.digitallook.com/news/sharecast/news.cgi?view=full&story=3305508&username=&ac=#"]International[/URL],  Pearson, SDL International, WSP Group 
    
    UK ECONOMIC ANNOUNCEMENTS 
    PMI Manufacturing (09:30) 
    
    FINAL DIVIDEND PAYMENT DATE 
    Compass Group, Dewhurst, Dewhurst 'A', Wichford 
    
    [B]Tuesday March 02[/B] 
    
    INTERIMS 
    AI Claims Solutions 
    
    INTERIM DIVIDEND PAYMENT DATE 
    DS Smith, IG Group Holdings 
    
    INTERNATIONAL ECONOMIC ANNOUNCEMENTS 
    PMI Construction (EU) (09:00) 
    PMI Construction (GER) (08:55) 
    RBA Interest Rate (AUS) (00:00) 
    Retail Sales (AUS) (00:00) 
    
    Q4 
    Cryptologic Ld 
    
    GMS 
    Downing Planned Exit VCT 1 
    
    FINALS 
    Admiral Group, Corin Group, Cryptologic Ld, Fresnillo, Futura  Medical, Goldenport, Hydro International, Informa, IP Group, Jardine  Lloyd Thompson Group, Keller Group, Meggitt, Pace, Paddy Power,  Persimmon, Telit Communications, Vitec Group 
    
    EGMS 
    Bank Audi SAL- Audi Saradar Group GDR (repr 1 Com Shr LBP12250)(Reg  S), Finsbury Worldwide Pharmaceutical Trust 
    
    AGMS 
    Avon Rubber 
    
    UK ECONOMIC ANNOUNCEMENTS 
    PMI Construction (09:30) 
    
    FINAL DIVIDEND PAYMENT DATE 
    BlackRock New Energy Technology Inv Trust, British Portfolio Trust,  Framlington AIM VCT 
    
    [B]Wednesday March 03[/B] 
    
    INTERIMS 
    Sportingbet 
    
    INTERIM DIVIDEND PAYMENT DATE 
    Stagecoach Group 
    
    INTERIM EX-DIVIDEND DATE 
    Alumasc Group, Aquarius Platinum Ltd., BHP Billiton, BlueBay Asset  Management, Carclo, Cassidy Brothers, Centaur Media, Cohort, Colefax  Group, Craneware, Dechra Pharmaceuticals, Diageo, Galliford Try,  Gartmore Fledgling Trust, Hansard Global, Hays, James Halstead, Kesa  Electricals, Lindsell Train Inv Trust, Mid Wynd International Inv Trust,  Northamber, Oxford Instruments, Park Group, Ruffer Investment Company  Ltd., Standard Life Equity Income Trust, Standard Life UK Smaller  Companies Trust, Thorntons, Town Centre Securities, Waterman Group,  Wilmington Group 
    
    QUARTERLY EX-DIVIDEND DATE 
    M&G Equity Inv Trust Income Shares 
    
    INTERNATIONAL ECONOMIC ANNOUNCEMENTS 
    Current Account (AUS) (00:00) 
    ECB Interest Rate (EU) (12:45) 
    Gross Domestic Product (AUS) (00:00) 
    ISM Non-Manufacturing (US) (15:00) 
    ISM Services (US) (15:00) 
    PMI Services (EU) (09:00) 
    PMI Services (GER) (08:55) 
    
    Q2 
    Sportingbet 
    
    FINALS 
    Arriva, Dialight, FBD Holdings, Hydrogen Group, International  Personal Finance, Just Car Clinics Group, Lavendon Group, LSL Property  Services, Macfarlane Group, Restaurant Group, RPS Group, Stadium Group,  Standard Chartered, Taylor Wimpey, Unite Group, Yamana Gold Inc 
    
    EGMS 
    Comstar UTS GDR (Reg S) 
    
    AGMS 
    Aberforth Smaller Companies Trust, Acuity VCT 3, Income & Growth  VCT, New Europe Property Investments 
    
    UK ECONOMIC ANNOUNCEMENTS 
    PMI Composite (09:30) 
    PMI Services (09:30) 
    
    FINAL EX-DIVIDEND DATE 
    All Leisure Group, Ambrian Capital, BBA Aviation, Beazley Group,  BlackRock Latin American Inv Trust, Cenkos Securities, Dillistone,  Domino Printing, Dunedin Enterprise Inv Trust, Electronic Data  Processing, Fidessa, Gleeson (M J) Group, Holders Technology, Hunting,  Independent Inv Trust, JPMorgan Income & Growth Inv Trust Income  Shares, Just Car Clinics Group, Law Debenture Corp., LPA Group, M  Winkworth, Millennium & Copthorne Hotels, Moneysupermarket.com,  Monks Inv Trust, Ocean Wilsons, Octopus Titan VCT 1, Octopus Titan VCT  2, Perpetual Income & Growth Inv Trust, Rathbone Brothers, Rights  & Issue Inv Trust Capital Shares, Rights & Issues Inv Trust  Income Shares, RSA Insurance Group, Safestore, Scottish American Inv  Company, Securities Trust of Scotland, Severfield-Rowen, [URL="http://www.digitallook.com/news/sharecast/news.cgi?view=full&story=3305508&username=&ac=#"]Small Companies[/URL]  Dividend Trust, St James's Place 
    
    [B]Thursday March 04[/B] 
    
    INTERIM DIVIDEND PAYMENT DATE 
    SSL International 
    
    INTERNATIONAL ECONOMIC ANNOUNCEMENTS 
    Balance of Trade (AUS) (00:00) 
    Beige Book Fed Survey (US) (19:00) 
    Business Inventories (US) (15:00) 
    Factory Orders (US) (15:00) 
    
    GMS 
    Directex Realisations, MedicX Fund Ltd. 
    
    FINALS 
    Aggreko, Aviva, Balfour Beatty, Fiberweb, Galiform, Hardy Oil &  Gas, Hutchison China Meditech, PartyGaming, Portmeirion, Psion, Robert  Walters, Spirax-Sarco Engineering, Spirent Communications, Total Produce 
    
    AGMS 
    Formjet, Jersey Electricity 'A', LPA Group 
    
    TRADING ANNOUNCEMENTS 
    Kazakhmys, Whitbread 
    
    UK ECONOMIC ANNOUNCEMENTS 
    BoE Interest Rate Decision (12:00) 
    
    [B]Friday March 05[/B] 
    
    INTERIM DIVIDEND PAYMENT DATE 
    CPL Resources, Daejan Holdings, Downing Protected VCT IV, Downing  Protected VCT V, Latchways, Mattioli Woods, Penna Consulting 
    
    QUARTERLY PAYMENT DATE 
    Boeing 
    
    INTERNATIONAL ECONOMIC ANNOUNCEMENTS 
    Consumer Credit (US) (20:00) 
    Factory Orders (GER) (11:00) 
    Non-Farm Payrolls (US) (13:30) 
    Unemployment Rate (US) (13:30) 
    
    GMS 
    Hogg Robinson, Minerva 
    
    FINALS 
    Hardy Underwriting Bermuda, Michael Page International, WPP Group 
    
    FINAL DIVIDEND PAYMENT DATE 
    Connaught, ING Global Real Estate Securities, New Europe Property  Investments, Northern AIM VCT, Sage Group, Treatt
    
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