Originally posted by _V_
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
How to start trading shares
Collapse
X
-
Scoots still says that Apr 2020 didn't mark the start of a new stock bull market. -
Originally posted by northernladuk View Post
If you can't do the research in to what platforms to use how are you going to do the research in to which shares to buy
I used to follow the Motley Fool which is still around but I'm not sure if it's the same thing, I've forgotten all the other sites/magazines I used to read 20 years back.Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
-
Originally posted by DealorNoDeal View Post
Unless you're glued to a screen day trading, it's not likely to be a retirement hobby which fills much of your time either.Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
-
Originally posted by DealorNoDeal View Post
Unless you're glued to a screen day trading, it's not likely to be a retirement hobby which fills much of your time either.First Law of Contracting: Only the strong surviveComment
-
Dont trade in and out.
It is a bull market. Buy the dips and hold till you think the bull market has ended.
FTSE 100 and many large caps UK stocks are dogs. FTSE 250 has done much better in this bull market from 2009. Or buy US tech stocks (like AMD ) .
The market is overbought and due for a crash but will continue higher and higher while the Fed and centrals banks continue to print money. When they stop printing or raise rates look out below.Last edited by Fraidycat; 8 September 2021, 17:07.Comment
-
Originally posted by _V_ View Post
Retirement, swap staring at a screen all day, to spend all day starting at a trading terminal, unpaid.
Comment
-
-
Originally posted by Moose423956 View PostI am retiring at the end of the month, and looking for things to do to fill my time. Got a few ideas.
One such idea was to have a go at share trading. I would just deal with small amounts, seeing it more as a hobby than trying to achieve an income.
Does anyone have any advice about how best to start out? Are there apps that let you set up a virtual account so you can practise trading with real share data?
Cheers
Moose
https://www.ig.com/uk/shares
https://www.etoro.com/trading/demo-account/
However, most demo/practice accounts expire after 30 or 60 days. The temptation then is to bung £5K real money, then when that's gone, £50K, then £500K...you get the drift.First Law of Contracting: Only the strong surviveComment
-
Originally posted by Moose423956 View PostI am retiring at the end of the month, and looking for things to do to fill my time. Got a few ideas.
One such idea was to have a go at share trading. I would just deal with small amounts, seeing it more as a hobby than trying to achieve an income.
Does anyone have any advice about how best to start out? Are there apps that let you set up a virtual account so you can practise trading with real share data?
Cheers
MooseComment
-
If you want to mess with minute trading try the binance app and trade small amounts of crypto. The upswings can be a good number of percent as can the downswings but the trend is up at the moment. See if you can spot a very short term trend for example, from the bottom the next time it dropped was after a 3% gain etc. Watch the graphs second by second and trade. It's pretty good fun to be fair. Used to do it on a long train commute and would often be up by some god tens of pounds. Problem is you can't cash out so the minute you take your eye off the phone you are the mercy of whatever crypto you had to leave it in. More often than not lost what I made overnight with no chance to stop it.
Was pretty good fun though.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment