Tuesday, 20 March 2007

REAL GAMES START NOW

Right got me trading account setup in my own name, but i do trade in other family members accounts (hehe).

Right been watching the market (UK) closely and realy getting back into trading as i used to do so back in 2005.

I missed an excellent opportunity in buying Man Group (EMG) at 490 last week.I had cash
waiting to invest, but 2 brokers wanted my signature before opening an account on-line. Only found out in the evening that i could have tried sharecrazy!. Would have made a decent 50p/sahre if i bought and held on till today when share price hit 540 ! Dam! Never mind there will be a next time.
I would be interested in anyones views on what they can find as a good channeling stock with the FTSE 100 (or 250)??? I have been watching Vedanta (Ved) and Barclays (BARC) and XSTRATA . I dont see any buying opps in these yet, but watch them very closely.

Any suggestions, tips, etc please share.


Note: I share this information in good faith. The information i have written here does not present any financial advice in any form. I request the reader the to do their own research and seek professional advice if necessary.

2 comments:

Regi said...

Hi Mate,

Good effort.

Im trading in US stock market but am about to trade in UK since I'm setting up a ISA Wrapper (i.e. I can trade using my ISA and ALL profits are tax free :)

I've never touch UK market tho Im sure its pretty much the same.

I set my ISA up with ETrade

Hey dont worry too much about missing the stock.. Theres 100's others.. and soon you will spot some more great opportunities..

Keep it up! Well done for trading too.. most people go home and never start trading

Neil said...

Hey Regi,
thanks for the advice. You can trade US stocks from an ISA with selftrade and i think Hoodless Brennan - u need to check.

I am waiting for new ISA season too. I set up an etrade trading account but beware they have an inactivity fee if you dont trade after 6 mths.
BTW i used to trade regularly back in 2005 but stopped when my son became critically ill. Before he was ill i could recite the FTSE backwards! After that incident money did not mean much to me in any way and hence i lost complete interest in trading. But hey i am back and wiser, and stronger and looking for fun!
cheers