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Share Dealing Discussion Area

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  • echelon101
    echelon101 Posts: 279 Forumite
    edited 11 November 2009 at 9:05AM
    http://img294.imageshack.us/i/55851955.png/55851955.png
    49874609.png49874609.pnghttp://img294.imageshack.us/i/49874609.png/
    Self made comparisons.

    For trading overseas stocks, I want to be able to buy on the NYSE, will be making one trade per month. Any other suggestions. Currently considering either

    Share Centre or iii
    Buy for value not cost.
    Feb Grocery = £55.87 / 80
  • Hello
    Hope this is in the right section.
    Astra zeneca shares are they £2757.00 a share ,as I know nothing about the stock market.
  • jebervic
    jebervic Posts: 861 Forumite
    redken99 wrote: »
    Hello
    Hope this is in the right section.
    Astra zeneca shares are they £2757.00 a share ,as I know nothing about the stock market.

    £27.57p a share
  • rictus123
    rictus123 Posts: 2,560 Forumite
    1,000 Posts Combo Breaker Name Dropper
    Im intrestead in getting into stocks and shares. Could anyone kindly point me in the right direction about learning what im dealing with?
    Work in progress...Update coming July 2012.
  • jebervic
    jebervic Posts: 861 Forumite
    rictus123 wrote: »
    Im intrestead in getting into stocks and shares. Could anyone kindly point me in the right direction about learning what im dealing with?

    go to www.advfn.com join and read the discussion forums, as a word of warning, most people who dream of wheeling and dealing in shares (daytraders) tend to lose money (around 90%) there is also spreadbetting, www.igindex.co.uk
  • rictus123
    rictus123 Posts: 2,560 Forumite
    1,000 Posts Combo Breaker Name Dropper
    Spreadbetting a safer bet? What sort of financal position would you think i should be in before entering into shares? Can i ask how much you have invested and how you have done personally?
    Work in progress...Update coming July 2012.
  • jebervic
    jebervic Posts: 861 Forumite
    rictus123 wrote: »
    Spreadbetting a safer bet? What sort of financal position would you think i should be in before entering into shares? Can i ask how much you have invested and how you have done personally?

    spreadbetting is a guatanteed way of losing any wealth you have, 90% lose their cash.

    As for your financial position, well never risk more than you can afford to lose !

    for share dealing, try www.selftrade.co.uk you can also do a self select ISA
  • rictus123
    rictus123 Posts: 2,560 Forumite
    1,000 Posts Combo Breaker Name Dropper
    How long should i expect to have my money tied up for?
    Work in progress...Update coming July 2012.
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    edited 16 November 2009 at 9:52PM
    rictus123 wrote: »
    How long should i expect to have my money tied up for?

    On stocks 10 years or maybe forever if the company never comes back like Rbs went from pounds to pennies, that money will never return.

    On the other hand if lucky you could get the money back the next morning. I have bought 4pm and sold 9am and made 20% in those few hours but that is rare on big stocks


    Spreadbetting is not quite that bad, there is always random good luck.
    Just turning up on a stocks thread and expecting to make money would be similar to making a bet to place 5 mins before a horse race but theres always luck :)

    Spreadbet is leveraged which means they lend you 9/10 of the cost and if you lose (badly) then you owe them the balance.
    Most of the time your'll only lose the original stake but theres always a chance if you bet 100 you could owe 1000 or more. And vice versa
  • Biggles
    Biggles Posts: 8,209 Forumite
    1,000 Posts Combo Breaker
    Spreadbetting is not quite that bad, there is always random good luck.
    Actually, spread betting is that bad, I believe those are the actual figures (ie 90% lose). There is random good luck, but you certainly can't rely on it!

    Most of the time your'll only lose the original stake but theres always a chance if you bet 100 you could owe 1000 or more. And vice versa
    Most of the time you will lose a multiple of your original stake, not just the stake. That's the point of spread betting, if you win you can win maybe 100 times your stake but if you lose, the reverse applies. It's only in fixed-odds betting that you can expect your loss to be limited to your stake.
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