Leosille Posted January 27, 2016 Share Posted January 27, 2016 My hunger for money is always growing due to wanting things I simply cannot afford. I've started looking into stocks and shares, Forex and Binary options trading. Has anyone got any experience or can share any useful information and possibly help me with any of this. Thanks. Quote Link to comment Share on other sites More sharing options...
ZMANALEX Posted January 27, 2016 Share Posted January 27, 2016 The best advice that I can give is only play with money that you are prepared to lose. 1 Quote Link to comment Share on other sites More sharing options...
Adrian@TORQEN Posted January 27, 2016 Share Posted January 27, 2016 Don't even try FX, lots of volatility on the market. Try S&P, FTSE, DJI/Wallstreet, DAX etc. Prepare to invest in something like http://ransquawk.com, keep an eye on http://www.marketwatch.com. As Alex said, any money invested in there consider it lost. Don't top it up, if lose big, take a deep breathe and walk away, don't top it up When you're in profit, take the money, stand up and walk away, don't trade again that day, don't be greedy Start here: http://www.cityindex.co.uk Start reading so you can understand the market, why it happens, what's the events calendar etc. Hope this helps, good luck. Adrian 1 Quote Link to comment Share on other sites More sharing options...
Ekona Posted January 27, 2016 Share Posted January 27, 2016 Given the markets are on a downward dive right now with plenty of uncertainty, it might be a while before you see any returns unless you're lucky/brilliant. Not a huge issue, just something to be aware of. Quote Link to comment Share on other sites More sharing options...
Adrian@TORQEN Posted January 27, 2016 Share Posted January 27, 2016 (edited) [quote name='Ekona' timestamp='1453931950' post='1579297'] Given the markets are on a downward dive right now with plenty of uncertainty, it might be a while before you see any returns unless you're lucky/brilliant. Not a huge issue, just something to be aware of. [/quote] That's when you make money, a lot of money, when sell offs are happening, always on short When the market goes down, usually there's no control over how low it goes, it can go thousands of points and if you're on SELL, it will make you a lot of money. If the market goes up, it will go up 100-200 points in a day, rarely more than that... Edited January 27, 2016 by Adrian@TORQEN Quote Link to comment Share on other sites More sharing options...
Leosille Posted January 27, 2016 Author Share Posted January 27, 2016 [quote name='Adrian@TORQEN' timestamp='1453931791' post='1579296'] Don't even try FX, lots of volatility on the market. Try S&P, FTSE, DJI/Wallstreet, DAX etc. Prepare to invest in something like [url="http://ransquawk.com"]http://ransquawk.com[/url], keep an eye on [url="http://www.marketwatch.com."]http://www.marketwatch.com.[/url] As Alex said, any money invested in there consider it lost. Don't top it up, if lose big, take a deep breathe and walk away, don't top it up When you're in profit, take the money, stand up and walk away, don't trade again that day, don't be greedy Start here: [url="http://www.cityindex.co.uk"]http://www.cityindex.co.uk[/url] Start reading so you can understand the market, why it happens, what's the events calendar etc. Hope this helps, good luck. Adrian [/quote] Thanks for the links will look into them with a clear mind in the morning. I can imagine the losers far outweigh the winners in the industry only time will tell for me. Thanks for the replies so far. Quote Link to comment Share on other sites More sharing options...
monkeybrain1234 Posted January 27, 2016 Share Posted January 27, 2016 Stocks and Shares is not that different to gambling in a Casino. Staking the money is one thing, but the real talent (for want of a better word 'balls') comes from knowing when to cash in and move onto the next table, or in this case investment. Risk Vs Rewards, but as the others have said, only stake what you are prepared to loose. Nothing is Guaranteed with stocks and shares. Quote Link to comment Share on other sites More sharing options...
Dashurik Posted January 28, 2016 Share Posted January 28, 2016 Adrian! Now we know where your money coming from to fund your passion for cars! Looks like you are the pro in fx game?! I have traded binary for 6 month,invested £6k and made £5k on top.Was stressful times to be honest,I played big and mainly on key events like NFP reports. I pulled out all my money as I started to loose(lost £3k in 30 min),broker was freezing up the platform and i just couldn't live with that.Im still thinking to get back to the game,checking one company out and keeping an eye on them! Also I know a little bit about forex trading,had training on it with the guys back in Ukraine.Personally i don't trade,as you need to be in it all the time to make money.The guy who trained me has also manages clients accounts.I have one account with him! So far I have return of 4-5% on my invested funds. Apparently you can make good money if you know what you doing and following your strategy! Quote Link to comment Share on other sites More sharing options...
ZEUS Posted January 28, 2016 Share Posted January 28, 2016 Spam Quote Link to comment Share on other sites More sharing options...
Commander Posted January 28, 2016 Share Posted January 28, 2016 Sharesave scheme at work, if you have one. Usually quite well protected so hard to lose any money, but easy to make it if your company is doing ok. Quote Link to comment Share on other sites More sharing options...
Wizza2000 Posted January 28, 2016 Share Posted January 28, 2016 [quote name='Commander' timestamp='1454004384' post='1579615'] Sharesave scheme at work, if you have one. Usually quite well protected so hard to lose any money, but easy to make it if your company is doing ok. [/quote] brilliant made a killing with our work Sharesave scheme, and totally protected, what you put in can never be lost Quote Link to comment Share on other sites More sharing options...
Fodder Posted January 28, 2016 Share Posted January 28, 2016 [quote name='Wizza2000' timestamp='1454014812' post='1579712'] [quote name='Commander' timestamp='1454004384' post='1579615'] Sharesave scheme at work, if you have one. Usually quite well protected so hard to lose any money, but easy to make it if your company is doing ok. [/quote] brilliant made a killing with our work Sharesave scheme, and totally protected, what you put in can never be lost [/quote] I beg to differ. Had a scheme and I put in the max, a year later company was bought out. My shares worth $26 were converted to the new company shares worth $50. New companies shares dipped to $3 during the financial crisis and are now worth around $18. I've lost a shed load of cash with the exception of not paying income tax on my original investment. Company share schemes are just as fragile IMHO Quote Link to comment Share on other sites More sharing options...
Wizza2000 Posted January 28, 2016 Share Posted January 28, 2016 I was lucky the shares I got were at £6 each and when time was due for payout they were £21 But have also had some at just over £8 so you win some large margin but then again can make some low profit, only thing is the money you invest initially is guaranteed back to you with a bit of interest so like saving and bonus if shares rocket and make a decent profit True though if company does get sold you do tend to get stitched up Quote Link to comment Share on other sites More sharing options...
Commander Posted January 28, 2016 Share Posted January 28, 2016 (edited) Fodder: But you kept the shares, at which point you moved from share save in to being a plain share holder, and unfortunately got burnt. I intend on selling most of mine when it matures to minimise that risk... Just over 3 years to go! (5 yr scheme) I also do one where it comes out before tax, more risk, but an effective 40% discount so I'm willing to take the risk. Edited January 28, 2016 by Commander Quote Link to comment Share on other sites More sharing options...
Fodder Posted January 28, 2016 Share Posted January 28, 2016 [quote name='Commander' timestamp='1454016860' post='1579744'] ^^ But you kept the shares, at which point you moved from share save in to being a plain share holder, and unfortunately got burnt. I intend on selling most of mine when it matures to minimise that risk... Just over 3 years to go! (5 yr scheme) I also do one where it comes out before tax, more risk, but an effective 40% discount so I'm willing to take the risk. [/quote] I had no choice really, I was burned either way. The financial crisis hit within 18 months of the acquisition which meant the shares tumbled literally overnight. I was tempted to buy a load more at the $3 mark but it was rumoured that the company would be nationalised and therefore shares null and void. Turns out I was wrong with that as well It's still a gamble and they aren't as protected as you think. Someone else said only invest what you are willing to lose. Don't get me wrong they are 100% my decisions but all investments have risk Quote Link to comment Share on other sites More sharing options...
Wizza2000 Posted January 28, 2016 Share Posted January 28, 2016 [quote name='Commander' timestamp='1454016860' post='1579744'] Fodder: But you kept the shares, at which point you moved from share save in to being a plain share holder, and unfortunately got burnt. I intend on selling most of mine when it matures to minimise that risk... Just over 3 years to go! (5 yr scheme) I also do one where it comes out before tax, more risk, but an effective 40% discount so I'm willing to take the risk. [/quote] that's what I done first year done a 3yr scheme and year after done a 5yr scheme then matured and sold at very high share price may have been a fluke but still doing them and making more money than leaving in saving account so happy as Larry this end Quote Link to comment Share on other sites More sharing options...
Fodder Posted January 28, 2016 Share Posted January 28, 2016 Sorry yes I did have the chance to sell when the original company was bought, the shares had been stable for a number of years so thought it was safe to do keep that and the fact I'd have lost due to the tax implications. The cynic in me still thinks the original company only started the share scheme to bolster share prices. They were the best performing company on the DOW for something like 40 consecutive quarters, outstripping anyone else listed hence the misguided confidence. I was young and it was in essence spare cash anyway. Still have the shares too just in case Quote Link to comment Share on other sites More sharing options...
Wizza2000 Posted January 28, 2016 Share Posted January 28, 2016 Gutting mate, I've been lucky with our work ones though Fingers crossed at all times 😀 Quote Link to comment Share on other sites More sharing options...
Tom-89 Posted January 28, 2016 Share Posted January 28, 2016 [quote name='monkeybrain1234' timestamp='1453938955' post='1579333'] Stocks and Shares is not that different to gambling in a Casino. [/quote] christ don't tell my boss otherwise I'll be out of a job some basic bits of advice: don't make the assumption that because something has fallen it is going to bounce don't expect to be doubling/tripling your money in a short time period assuming you're investing in proper markets, look long term Be very careful if you decide to invest in things where you can be liable for more than the initial investment, this also sort of applies to short positions and as already mentioned above, don't play with money you can't afford to lose a decent chunk of Quote Link to comment Share on other sites More sharing options...
NeilMH Posted January 29, 2016 Share Posted January 29, 2016 [quote name='Adrian@TORQEN' timestamp='1453931791' post='1579296'] Don't even try FX, lots of volatility on the market. Try S&P, FTSE, DJI/Wallstreet, DAX etc. Prepare to invest in something like [url="http://ransquawk.com"]http://ransquawk.com[/url], keep an eye on [url="http://www.marketwatch.com."]http://www.marketwatch.com.[/url] As Alex said, any money invested in there consider it lost. Don't top it up, if lose big, take a deep breathe and walk away, don't top it up When you're in profit, take the money, stand up and walk away, don't trade again that day, don't be greedy Start here: [url="http://www.cityindex.co.uk"]http://www.cityindex.co.uk[/url] Start reading so you can understand the market, why it happens, what's the events calendar etc. Hope this helps, good luck. Adrian [/quote] Quite a lot of golden nuggets of good advice there. Yes, form your own views based on research. Don't give any more weight to opinion just because it comes from someone called an "analyst". Try to focus on something in an area/industry/business that you understand, if you can. Over time you will develop instinct - try to follow it (not as easy as it sounds). Quote Link to comment Share on other sites More sharing options...
Fodder Posted January 29, 2016 Share Posted January 29, 2016 (edited) Apologies if I came over all negative with company share schemes I just wanted to get across even they can have their pitfalls. I have considered looking into stocks in the past but got cold feet as I'm a risk adverse character. Before throwing your money into the pot id consider playing around with a simulator first, not real money but would allow you to get a feel for what's what etc. Some great advice in this thread and I'm going to follow with interest Edited January 29, 2016 by Fodder Quote Link to comment Share on other sites More sharing options...
Juggalo Posted January 29, 2016 Share Posted January 29, 2016 Buy VW shares. No brainer really. Quote Link to comment Share on other sites More sharing options...
Adrian@TORQEN Posted January 29, 2016 Share Posted January 29, 2016 [quote name='Dashurik' timestamp='1454003947' post='1579610'] Adrian! Now we know where your money coming from to fund your passion for cars! Looks like you are the pro in fx game?! [/quote] Now you know, you can sleep better tonight Quote Link to comment Share on other sites More sharing options...
Tom-89 Posted January 29, 2016 Share Posted January 29, 2016 [quote name='Juggalo' timestamp='1454069145' post='1579889'] Buy VW shares. No brainer really. [/quote] with an unquantifiable lawsuit hanging over them in the US... Quote Link to comment Share on other sites More sharing options...
Pritchard Posted January 29, 2016 Share Posted January 29, 2016 I use Trading212, i only deal on Forex i no longer do commodities or company shares as both of these i didnt get along with. Yes Forx is very volitile, but there is a pattern, there is always a pattern. The peaks and troughs during the trading day isnt down to the wind its down to the physchological interpretation of these trends by other investors. (the big players, ie banks). if you are using similar trend indicators as they are you too will spot these trends and can catch a ride on their waves. ive been doing alot of share dealing for years as a 'hobby', made lots of money, lost lots of money. but i am having some good success recently in the Forex. Checkout the ''owners club'' of traders, ForexPeaceArmy. the content on there is brilliant. Written by traders not by Platform sellers. After all this, there is only one peice of advice i would give anyone, ever: 1 - Use a Demo account for a LONG time before you deal with real money. Good Luck. Quote Link to comment Share on other sites More sharing options...
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