MRX Posted December 16, 2014 Share Posted December 16, 2014 I want to buy some more shares, anyone recommend anything? Was thinking of buying a few grands worth of Afren? For a bit of punt check out XEL. Massive asset in the North sea but taken a pounding with the recent oil price slump. My money would be in longer term oil stocks right now, gotta go back up at some point. Quote Link to comment Share on other sites More sharing options...
Nick Posted December 16, 2014 Share Posted December 16, 2014 Not had chance to do any day trading for a while, its addictive though when you get going As I always like to keep my toes in though I am currently using the Zulu platform which enables you to follow other traders, ie the system trades for you, can be profitable unless you follow a complete numpty who makes some stupid decisions http://www.zulutrade.co.uk/ I have mine linked to a FXCM account which is only used for this platform. Opened a Demo account with £100k and followed 4 of the established top rated traders for a week and lost nearly £25k. Not something I'd want to do with real money unless I knew exactly what I was doing. Quote Link to comment Share on other sites More sharing options...
Nick Posted December 16, 2014 Share Posted December 16, 2014 AIM has taken a real battering over the last couple of years especially miners and oil stocks. It's a market driven by sentiment and right now it isn't there. There's some seriously undervalued stocks around though so if you don't mind a long term buy and hold you could make a packet with patience. I've got money tied up in a couple that have taken a hit for no real reason. Unfortunately it's now a waiting game but that's the risk you take. Quote Link to comment Share on other sites More sharing options...
Wez Posted December 16, 2014 Share Posted December 16, 2014 Opened a Demo account with £100k and followed 4 of the established top rated traders for a week and lost nearly £25k. Not something I'd want to do with real money unless I knew exactly what I was doing. Research is key, some of the traders are right cowboys Quote Link to comment Share on other sites More sharing options...
MRX Posted December 18, 2014 Share Posted December 18, 2014 For a bit of punt check out XEL. Massive asset in the North sea but taken a pounding with the recent oil price slump. My money would be in longer term oil stocks right now, gotta go back up at some point. Anyone buy any XEL when i suggested it at 28.25 ? now 37.50. Over 30% in 2 days. not bad.... Quote Link to comment Share on other sites More sharing options...
JamieP Posted December 18, 2014 Share Posted December 18, 2014 That would have been a nice return. But sadly no. Quote Link to comment Share on other sites More sharing options...
Wez Posted December 18, 2014 Share Posted December 18, 2014 That would have been a nice return. But sadly no. More info on them here if anyone is interested http://www.shareprice.co.uk/XEL/XCITE-ENERGY-LIMITED Quote Link to comment Share on other sites More sharing options...
JamieP Posted December 18, 2014 Share Posted December 18, 2014 They still look good to go on now to me, will have a bit of read on LSE and might stick a grand on them. I put a few quid on Empyrean energy and Afren a couple of days ago and they are both going up. Im still day trading, the dow shot up 500 points in the last 24hrs and i missed it, i had a feeling it was going to shoot up but i didn't have the bottle to back it. Quote Link to comment Share on other sites More sharing options...
Wez Posted December 18, 2014 Share Posted December 18, 2014 Some more info on XEL http://data.beaufortsecurities.com/?url=%2Fquote%2F&epic=XEL Broker view http://data.beaufortsecurities.com/broker-views/XEL/Xcite-Energy-broker-views Quote Link to comment Share on other sites More sharing options...
Tyson Posted December 18, 2014 Share Posted December 18, 2014 How would a beginner start doing this? Quote Link to comment Share on other sites More sharing options...
JamieP Posted December 18, 2014 Share Posted December 18, 2014 Spread betting? start with a demo account and see how you get on, its not for the faint hearted. Quote Link to comment Share on other sites More sharing options...
Tom Posted December 18, 2014 Share Posted December 18, 2014 Anyone buy any XEL when i suggested it at 28.25 ? now 37.50. Over 30% in 2 days. not bad.... I haven't got any xel but i've had SOLO oil for maybe a year now, got an average buy of 0.35, not that much on it, maybe £500 or so, I missed closing and buying back in a 1.30 but i'm staying in for long term Quote Link to comment Share on other sites More sharing options...
MRX Posted December 19, 2014 Share Posted December 19, 2014 I use IG for my spreadbets, very easy to use. As Jamie says, its not for the faint hearted, make sure you know what you're doing and play with the demo account first. I like spreadbets as there's no capital gains and it allows you to have leveraged positions, but it does mean you can possibly lose money faster than you would if you brought shares and possibly lose more money than you actually invested. Quote Link to comment Share on other sites More sharing options...
MRX Posted December 19, 2014 Share Posted December 19, 2014 I haven't got any xel but i've had SOLO oil for maybe a year now, got an average buy of 0.35, not that much on it, maybe £500 or so, I missed closing and buying back in a 1.30 but i'm staying in for long term XEL is one of my favorite shares, been following it for about 5 or 6 years. At present im hoping for a re-test of low 30 levels and then i'll reload up for the long term. My best performing share was SXX, made about £20k on that 4 years ago whilst I was holiday in Vegas, was a nice surprise to come home too Quote Link to comment Share on other sites More sharing options...
Tom Posted December 30, 2014 Share Posted December 30, 2014 XEL is one of my favorite shares, been following it for about 5 or 6 years. At present im hoping for a re-test of low 30 levels and then i'll reload up for the long term. My best performing share was SXX, made about £20k on that 4 years ago whilst I was holiday in Vegas, was a nice surprise to come home too Not bad!!! I've bought into XEL this morning and some more on solo, that's been up to 0.80 today Quote Link to comment Share on other sites More sharing options...
JamieP Posted January 21, 2015 Share Posted January 21, 2015 German Dax is looking really tempting to short right now, never been so high. What do people think? Quote Link to comment Share on other sites More sharing options...
MRX Posted March 20, 2015 Share Posted March 20, 2015 German Dax is looking really tempting to short right now, never been so high. What do people think? Personally never play the Indices, they seem more random and too much can influence the prices than I can track. Just for fun i'll track some of my trades in this thread. Oil stocks look tempting to me at the moment with a long term view, and hopefully make enough to by me a 911 Turbo this time next year... This morning brought - XEL @ 28p GKP @ 36p Quote Link to comment Share on other sites More sharing options...
JamieP Posted March 20, 2015 Share Posted March 20, 2015 Dax looks great to short right now, crazy high. I'm having a break for a bit now though, stresses me out to much. Quote Link to comment Share on other sites More sharing options...
MRX Posted March 20, 2015 Share Posted March 20, 2015 Dax looks great to short right now, crazy high. I'm having a break for a bit now though, stresses me out to much. Yeah I know that feeling, I have to take a break every now and again, it can get really on top of you if you let it. Quote Link to comment Share on other sites More sharing options...
Wez Posted March 20, 2015 Share Posted March 20, 2015 Ive not done any FOREX for a while, it takes way too much time, still maintaining my own Stock ISA though. Quote Link to comment Share on other sites More sharing options...
Chris6t9 Posted March 20, 2015 Share Posted March 20, 2015 So dangerous on the stock exchange sometimes tho. I was on long with RBS when the banking crisis hit. Luckily i had a guaranteed stop. Haven't really done it much since. ASOS Was the one to do back in the day. Quote Link to comment Share on other sites More sharing options...
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