Sure fire way to make money on the Stock Exchange

By sjr4x4 : Administrator
Published 11th August 2011 | Last comment 8th December 2014
Comments
Would seem that there on the way back up, had a punt 10 days ago and up 20% already.....Beats plumbing for a living

Thanks,
Barney

Would seem that there on the way back up, had a punt 10 days ago and up 20% already.....Beats plumbing for a living

Top man!

Although not so sure about my original prediction of 50p in May after all the recent firesale and downsizing talk. Maybe 50p in December?

But daytrading wise, it bobs backwards and forwards nicely, just a question of timing and dumping before it falls back again - which it will

Steve Richardson
Gaffer of My Local Services
My Local Services | Me on LinkedIn

Top man!

Although not so sure about my original prediction of 50p in May after all the recent firesale and downsizing talk. Maybe 50p in December?

But daytrading wise, it bobs backwards and forwards nicely, just a question of timing and dumping before it falls back again - which it will

Yes it was somewhat out.....

Thanks,
Barney

Yes it was somewhat out.....

lol hmmm, bloody Euro crisis! Bailed out of RBS, especially now they are voting to mess about with the shares to try and fudge the price to

Steve Richardson
Gaffer of My Local Services
My Local Services | Me on LinkedIn

There is no point in buying shares and then selling them for a profit because you have to pay tax!

Spread betting the financial markets is the way to do it because there is no tax as (UK) it is classed as gambling. But you have to understand how the financial markets work and this takes time and a lot of study. Fundamentals and/or trends - forex, shares, options and others to choose from.......

Do not buy these software programs that say they can predict the market because it is total rubbish sold to the gullible. Do it the right way and you will make money.

Start off by studying the market and how it works - buy some good books and put in the effort.

andrewtomkinson

There is no point in buying shares and then selling them for a profit because you have to pay tax!

Only once you have gone over your

Steve Richardson
Gaffer of My Local Services
My Local Services | Me on LinkedIn

If you are interested in making money in the financial markets have a look at spread betting. It is easy to open an account and trade the forex, commodities, share price and others. Winnings are tax free.

BUT do not do anything until you have studied how it all works. Do you use trends, fundamentals or both? Are you disciplined in money management?

andrewtomkinson

IG Index has a really good spreadbetting tutorial on their website... for newcomers

enterprisepe

It is also worth opening up a practice account where you can practice trading and see how you would have done before you take the plunge!

enterprisepe

Do you use trends, fundamentals or both?


Trends? When it's going down, buy! Tend to misjudge it from time to time

Fundementals - no idea.

Are you disciplined in money management?

Clearly not! An occasional punter taking advantage of some big boys that seem to regularly swing backwards and forwards.

When this economic doom and gloom is a memory, I suspect my fledgling shares career will be consigned to anecdotal history...

Running a business is definitely a safer bet to making money

Steve Richardson
Gaffer of My Local Services
My Local Services | Me on LinkedIn

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