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Old 05-11-2010, 08:04 PM   #101
MR Ray
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very nice.

one day I want a portfolio value like yours
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Old 10-11-2010, 03:37 PM   #102
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IAE dopped 7p today which on my trailing stop.

There's no news out regarding IAE to make this drop. Do I take the trailing stop or hold on tight?
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Old 10-11-2010, 09:59 PM   #103
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The stop should have executed automatically if it was set up on iii in their trade plan section. I would say it was probably profit taking, as looking at the days chart it was a gradual decline, it did bounce up 2p at last knockings. But WTFDIK! lol.

The market sentiment was poor today, so I was down too on most things.
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Old 10-11-2010, 11:53 PM   #104
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Haha

Still using my HSBC trading account so no auto trailing stop or stop loss.

My first experience of a little rough lol and I almost jumped but I thought about my studies and held tight. Hehe

No good or bad news, no change in fundamentals so I put it down to the mm's doing a tree shake
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Old 11-11-2010, 09:11 PM   #105
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Wow what an intresting read & good tips & advice, although i would admit some of the information discussed goes way over my head.

I am also a complete novice to this but have wanted to do it for a long time, I have just regitered so I can do share dealings through my hsbc account but clicking on some off the links in this thread it seems that may not be my best option.

I can only afford to invest a small amount £200ish as my first investment, a friend of mine also mentioned rockhopper but at £3+ per share they are some what out of my league.

So as a first time small investor does anyone have reccomendations of companies to invest in with my small but hoping to grow investment.

Would I be better off using this company to by & sell due to there lower rates as I only have a small amount.

http://www.x-o.co.uk/

Any advice would be much appreciated.

Aaron
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Old 12-11-2010, 08:46 AM   #106
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Welcome along lambchop.

With small amounts to invest, costs of trading can really reduce your profit possibilities. With £200, to buy and sell would cost on average of £20, stamp duty of .5%, then the spread has to be factored in as well.

A share has to really motor to recover these costs, your investment could be
worth £175 before you start.

Might be worth considering this http://www.iii.co.uk/funds/?type=builder

Hope that's not too off putting.

x-o.co.uk looks good on price not used them though.
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Old 12-11-2010, 09:32 AM   #107
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I wish you the best of luck with your investments but £200 to start with is a bit low. I've invested an a few penny shares but it takes a long time to see a return. Sometimes you may never see your money again.

I'm new to all this and still learning
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Old 12-11-2010, 08:28 PM   #108
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Whats an ideal amount to start with then?
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Old 12-11-2010, 09:03 PM   #109
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Quote:
Originally Posted by John757 View Post
Whats an ideal amount to start with then?
Mmmm....difficult. Bearing in mind my thoughts above, if you trade small amounts regularly, your profits will soon be eaten up by costs.

For small amounts of funds, the iii portfolio builder is the most cost effective way of getting involved.

Back to the question, you should only be investing what you can afford to lose.
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Old 12-11-2010, 09:14 PM   #110
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Mr Ray, IAE has come back a bit I see. ELM is at 116, bearing in mind how the market has been this week its done well.
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