Stocks & Shares & that

[Baz]

Anyone else on Trading212? I've just signed up with a tenner to have a go with and see what it's all like. Figured if I lose it then it's not the end of the world. Anyone got any shares insights they wish to, ahem, share?

If you sign up to this app through my link and join Invest or ISA and invest at least £1, we will both get a free share worth upto £100. Here's my link: http://www.trading212.com/invite/FzFsneBk

Cheers if you use my link. We'll both get a free share within 24 hours. Feel free to just download the app without using my link too, if you want to get involved but don't want a free share.

[Kikó]

Of course you're doing a fucking referral link.

Yes I'm on it and everyone should use my link instead.

[Boydy]

A tenner? Calm down, Wolf of Wall Street.

[Spikey M]

It's completely pointless. Even if your selected stock sky rockets you'd only gain enough to buy a pint.

[Baz]

Just finding my feet first. Besides, it’s not payday til Monday.

[AyDee]

It's easiest just to stick savings in a Stocks and Share ISA and forget about it. Moneyfarm/Nutmeg decent.

[Kikó]

It's completely pointless. Even if your selected stock sky rockets you'd only gain enough to buy a pint.

I received a National Grid share (worth £9.50) and Bank of America (worth £20) so not quite.

[Spikey M]

I received a National Grid share (worth £9.50) and Bank of America (worth £20) so not quite.

I meant investing £10 on the stockmarket.

[niko_cee]

Just remember to sell your pumpkin futures BEFORE Halloween.

[Baz]

Cheers whoever got me a free share in Under Armour.

[Giggles]

https://www.forbes.com/sites/sergeik...e-balance/amp/

[Luca]

Buy broad market ETFs not individual shares if you have limited investment capital.

research on that!!1

[7om]

I read Giggles’ link and I’m still none the wiser despite the author’s attempts to explain what happened to that kid. I would fancy a dabble at this but I’m totally clueless.

[Giggles]

It’s Forbes, it’ll never make sense.

[Mellberg]

No point investing a tenner. Scalp/swing trade on an index with the lowest spread at that particular hour (if the market is open the spread is lower). DAX in the morning, Dow in the afternoon/evening and ASX at night.

[Baz]

Scalp/swing trade on an index with the lowest spread at that particular hour (if the market is open the spread is lower). DAX in the morning, Dow in the afternoon/evening and ASX at night.

I understood none of this. Hence me only investing £10 to start.

[Ian]

A new most boring thread.

[Spikey M]

I understood none of this. Hence me only investing £10 to start.

Buy low, sell high.

[Pepe]

I have a sure thing coming up soon. Once it is going, its gonna go fast though, so you need to be quick. PM Bam for more info.

[Mellberg]

I understood none of this. Hence me only investing £10 to start.

Depends where you want to go with it. If you're just pissing about with small stakes then it doesn't really matter. If you're thinking of developing and increasing size over time then get your hands on some beginners books on technicals, fundamentals, psychology, strategy etc. Investopedia's good too.

[Manc]

Is this your job, @Mellberg or just a hobby?

[Mellberg]

At the minute it's my job out of necessity more than anything, but looking to turn it into a secondary income. Took voluntary redundancy in Jan.

[Manc]

Fair play.

[Lofty]

My mate has put me on to an Australian company called Greatland Gold PLC, quite cheap at the moment but ticking along nicely.

[Pepe]

Is it a sure thing?

[Kikó]

Free money.

[Pepe]

How do I get on it?

[Kikó]

Send me $50 and I'll place it.

[Lewis]

'The Thrill Doesn't End Here.'

[Mellberg]

It's doing very well, but massively overbought on every indicator across every timeframe. I use RSI, MACD and stochastic. Sometimes it'll just continue regardless if the fundamentals are absolutely all singing and all dancing, but more often than not will retrace and this is due one before it pushes higher (if it does) imo. Could just be a pump and dump. Be wary. Don't know anything about the business.

If you're going to buy, wait for those indicators to level out and have another look.

[Boydy]

Anyone paid any attention to the Snowflake IPO today?

[Mellberg]

This is no guarantee and it's not free money, but I'm looking for an entry on Rolls Royce. If it drops down to 80, perhaps 75, I'm in, as there is short term selling pressure as per stochastics and MACD, so probably best to wait for a pull back. Daily charts imply a retracement upward after strong fall last week. Just shy of 100 and touching the previous lows looks very probable, whilst if you're feeling ballsy then 140/150 is in range and below the daily 100 moving average. 200 moving average is unlikely, although a post-covid boost will see a strong rally (especially in aviation) and might bring that in to play. Personally I'll be out as soon as the daily stochastic and MACD shows weakness. I'm looking at 80 as that's where the four hourly 7 moving average is, as well as today's pivot. 75 is the four hourly 100 MA if it shows further weakness at 80.

Put a stop loss below the lows (64.78) and be wary of the times we're in and that this is aviation, so don't go risking money you can't afford to lose, but technically charts have to retrace and revert back toward the mean and this is gaining momentum

[Kikó]

Mellin, you've come so far. :-*********)

[Mellberg]

Thanks

Although now I've shared this I'm naturally going to be proven catastrophically wrong

[Boydy]

[Offshore Toon]

In Mellin we trust.

My mate put me onto NIO a couple months ago and that's been going very well.

[Mellberg]

Boydy, stick your fiver in and pipe down.

[Mellberg]

In Mellin we trust.

My mate put me onto NIO a couple months ago and that's been going very well.

Nice

[Boydy]

Boydy, stick your fiver in and pipe down.

Where'd you learn all this stuff?

[Sir Andy Mahowry]

Inmates are expected to learn some new skills.

[Mellberg]

Self taught. Bought a few books, plenty of videos online. Best to start with a paper money account though and learn the ropes. First point of call: indicators, psychology, strategy, technicals, fundamentals. I wouldn't start putting money in before having a decent grasp of those as a minimum.

[Spikey M]

I'm just glad the prison jokes haven't got old yet.

[Mellberg]

Inmates are expected to learn some new skills.

I'd get involved, Mahow. You've not been in work since The Office.

[Mellberg]

It's doing very well, but massively overbought on every indicator across every timeframe. I use RSI, MACD and stochastic. Sometimes it'll just continue regardless if the fundamentals are absolutely all singing and all dancing, but more often than not will retrace and this is due one before it pushes higher (if it does) imo. Could just be a pump and dump. Be wary. Don't know anything about the business.

If you're going to buy, wait for those indicators to level out and have another look.

Down 11.52% since this post

[Raoul Duke]

Astrology for the middle class

[Alex]

I'd get involved, Mahow. You've not been in work since The Office.

Well played.

[Offshore Toon]

Rolls Royce flying up today.

[Mellberg]

Hope you're on lads

[Offshore Toon]

At what point are you thinking of selling?

[Mellberg]

Depends what you're looking for. It's probably a good long term investment with the weekly and monthly being oversold, but like I said before it's predominantly aerospace in a pandemic. I've just took half after it broke 100 and am gonna let the rest run. Stop loss moved to entry point. Daily 100 MA is at 125, which it might push toward short term, but 100's a big number in a downtrend and nothing guaranteed from here.

Gut instinct is it pushes further though.