Swish, cheers. Will do. I've added Tui and will keep looking around. I don't forsee putting any money in for another couple of months yet, I'm hoping to buy in Spring and sell at the end of the Summer but that will obviously depend on Covid and the speed of recovery of each company.
I'm going to be shitting myself for 6 months.
Deal incoming, watch the pound.
Insider knowledge
Trading apps selling 'pies' sounds like end of days stuff.
Why? It's just to simplify / automate things so you don't have to sit there placing a load of orders.
He ain't wrong. If any one needs that level of simplification they ain't got the required aptitude t̶o̶ ̶b̶r̶e̶a̶t̶h̶e̶.
Exactly. Once niche/specialist things start being pushed in an easy access lark for plebs to get in on then the downturn is inevitable. The 'Highest Stage of Capitalism' should really be when the Telegraph tells you to invest in something.
You can still keep an eye on it just the same
It just takes the pain out of buying 40 different shares.
You obviously wouldn't do it if you were playing at Mellins game but it's fine for low risk dividend stuff.
ALPP has skyrocketed this week. I bought this afternoon thinking I had missed the bus and still made 22%. They've just announced they're upgrading to the NASDAQ on Monday. Get involved early doors. Easy money.
Originally Posted by Spikey M
Nice one Spikey
Next one, COUV. Bought in at $0.19 per share $0.31 at closing.
Also ARB went nuts in both the US and Germany today off the back of Bitcoins progress, buying early when London opens tomorrow.
Cheers. I've nearly doubled my money over the last 2 (working) days. I've felt sick most of the day watching it go up and downNice one Spikey. It's nuts. ALPP has legs as well. Proper company.
Fair play. Great numbers.
You managing your risk yet though?
I am, but it bit me on the arse today. ALPP took a big dip at around 7pm and triggered my stop loss. I had lost about 10% of my profit by the time I bought back in.
Has to be done though. I'd have been inconsolable if I hadn't set one and it had kept going down.
I've taken my initial stake and a bit of profit out now to go on the boring stocks. I'll let the remainder ride (with stop losses).
Spikes - which app/platform are you using?
Trading 212, but there's alot of stock not on there that I would otherwise buy and they're introducing fees for deposits in January so I will soon be jumping ship. Not too sure where to yet.
Yeah, I get clipped all the time. It happens. So long as you're making profit it's fine. What it protects you from is that disaster which completely wipes you out, which would come eventually.I am, but it bit me on the arse today. ALPP took a big dip at around 7pm and triggered my stop loss. I had lost about 10% of my profit by the time I bought back in.
Has to be done though. I'd have been inconsolable if I hadn't set one and it had kept going down.
I've taken my initial stake and a bit of profit out now to go on the boring stocks. I'll let the remainder ride (with stop losses).
Seriously get on and hold COUV.
https://microcapdaily.com/carbon-ion...s-couv/129667/
I'll jump on. Saw a thread on Reddit last night with people creaming themselves over it so let's get the train started.
It's taken a huge dip today and has settled back onto it's normal trajectory now. I sold (after a 15% loss) and rebought as still think this has legs longterm.
I got in at the bottom so I'm already happy with the 20% return.
Gone £11 on AXGT because I had spare cash.
Great car for eleven quid.
What is xrp and how fucked is it?
It's a Crypto Currency and a scam.
https://www.forbes.com/sites/jasonbl...h=41f848d579a4
How fucked it is is hard to say. Delisted or suspended on many platforms pending the outcome of their court hearing, but I don't have enough knowledge on the subject (or interest in it) to dig any deeper.
Last edited by Spikey M; 02-01-2021 at 08:44 AM.
It’s all mystery to me but I know a lad that’s in it for about €150,000 and has convinced family and colleagues to cash pensions and shares and go balls deep on it too.
To say that's high risk would be an understatement but if the Court Case does go their way then it probably will skyrocket. I'd stick a tenner on it or something, but it really is putting it all on black stuff.
This is the kind of boom or bust attitude with crypto that will either result in significant wealth (if you’re right) or financial ruin and life ending misery.
I got interested a few years ago when I got some unexpected money and lobbed it in as a “it really doesn’t matter if this goes to nothing, it’s a massive punt”.
I’m definitely down and don’t give a shit about it. But if you pick a loser (ripple was pretty well thought of when I left) it can go wrong very quickly.
I don’t think Bitcoin is the solution. It’s not scaled enough for mass use of anything other than a commodity. I opted to leave most in ethereum or litecoin... in hindsight I should’ve dumped into Bitcoin as the “safe haven”.
Had some other shite stuff which has dwindled as you’d expect.
Ripple's (XRP essentially) been decent recently due to volatility. Looks like it's flatlining now to me. Hasn't surged up with all the other cryptos in the last month. Back to lows. Avoid from here imo.
I still haven’t bought anything yet. I can’t work out why American and Brittish markets have rebounded like they have.
Unemployment is massively up. The high street is on its arse and it appears like investors seem to think there will be a dial or vaccine available, everything back to profitable.
Only justification I can make is that actually the money in the ftse and Dow are from the upper echelons of society who are relatively sheltered.
Definitely going to have to just pick a company i have faith in and roll with it.
It's probably people like me that used to spunk their money on having a life but now have to find something else to do with it.
Foe, I was thinking that back in April. It's not coming back down. Not like it did, anyway. The vaccine is being distributed. Covid is in the past as far as the market is concerned. Unless something goes tits up with the vaccine/distribution then we're away. UK less certain due to Brexit, but most of the other big indices have recovered their losses and in a lot of cases pushed on further. IBEX may be a good one when Spain opens back up. Very tourism centric and has barely recovered yet due to this.
And you're right, Spikey. US stimulus dragged the markets up from the bottom in the spring, so both the Fed and everyone with a stimulus cheque drove prices back up. Once you have that momentum it needs very bad news to turn it back south and I don't see where that's coming from. Internationally anyway. Brexit complicates things for us.
This has to be a big factor. Spikey and his slightly more wealthy lizard mates pummelling money into the markets because the hookers are less accessible and the income streams are at risk.
On BTC, it's at around £22k. Say I had £100 to risk, how would it look in terms of P+L forecasts if I wanted to speculate that it will collapse and half in value in the next 6 months whilst being able to absorb a rise up to about £28k? Essentially, if I want to make that bet, what odds am I getting?
If I were to bet, and it would be a bet, I have Bitcoin as safe until the end of the Pandemic. It's probably growing for the same reason the Stockmarket is.
BTC? Bitcoin? 22k? Hit 33k this afternoon. Back down to 31k now. I think that will come down too, at least back into the 20s, but £100 won't get you a lot. Price is too high. You won't be able to place with most brokers.
'I've had my phone nicked and I just need thirty grand for a Bitcoin so anything...'
Note the currency. And I'm asking for odds not P&L, rest assured I got money pouring out of every orifice now that I'm a bike up.
Rubbish.
'I've had my phone nicked and I just need thirty grand for a Bitcoin so anything...'
You'd pretty much bang on double your money shorting from here (32k ish) to 16k. Pound? Gay.
Nocoiners of fair repute have suggested this is the year the music stops but then it was also predicted in 2017 so here we are. There are a few court cases on the go that should have an effect on the market.
The problem that makes it hard to gauge with crypto, especially Bitcoin, is that it seems to be the gold rush for people who want investment gains now without doing Mellin level research. The difference is, as I try to tell my mate who is putting his business savings into it, is unlike investing in the stock market where there is a level of informed decision, or gold which has intrinsic value beyond being an investment vehicle, Bitcoin is purely worth money because enough people think it is, rather than have any other use or value.
Big brained true believers claim Bitcoin is going to the moon and will replace all currency, so get in on the ground floor now losers! That helps push the price up more of course. There is a slight problem with Bitcoin only being able to handle 7 transactions per second globally though (Visa does roughly 1700). Satoshi himself, the inventor, said Bitcoin was only ever proof of concept.
TLDR you can make money gambling on crypto, just recognise it is a gamble and ensure you aren't left holding the bag when one of the whales pumping the price cashes out.
Eventually they will either be regulated out of existence or regulated in to the mainstream. Probably a bit of both.
Lol
So many "to the moon" chanting dickheads must be in tears right now.
Aaaand it's back again.
The dips are going to get munched up like nothing else right now.
You still in on COUV offy?
Nah, shifted it into IPOC, but may repurchase tomorrow/Wednesday alongside a few SPACs.
Just bought IAG. Long term position. Will scale in as it rises.
Why now, just out of interest?
Technically - Monthly MACD looking to cross with stochastic driving up. Daily 50MA picking it up off the 100MA to potentially drive through the 200MA. Also a bull flag having sustained levels after recent drive.
Fundamentally - This will be the last lockdown. Market won't wait for planes to be full. If it is recovering, will already be well on the way by then. No real red flags with IAG specifically. They all crashed.
Bought at 152.7. S/L - 117. Target - The Moon (400 is feasible given time)
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