I think a ViP2 Financial Traders clique is in order

[Guest Triple XXX]

ive had things to do

you dirty colon crusader

i tried it but obv i didnt wanna risk to much on it so i gave u until a time when i can take time out and learn it properly

and that hasnt come yet

you sh*t chaser

[Trilliam]

Neanderthal man: Walking erect sure feels great.

Venom: Know yourself.

[VENOM]

ive had things to do

you dirty colon crusader

i tried it but obv i didnt wanna risk to much on it so i gave u until a time when i can take time out and learn it properly

and that hasnt come yet

you sh*t chaser

allow your feelings caught. im not your dad, just giving my opinion..

u fat baboon

[Guest Triple XXX]

sh*t eater

[Guest M12 Part 2]

he's always on this raging homo tip

dont mind him

take YOU for example... since the time you were getting "financial advice" from goddaz way back in what...2007/8? have u done sh*t?

"yeh im gonna jump on this"

"im gonna do this when i _____________________________________________"

allow your hype.

99.9% of u are just lazy cunts who talk the talk

i dont agree with the way hes said it but venom is right,

This is why 99.9% of people dont amount to anything. I'll do it when this or that happens,

TBH what can be more important than making money?

[Guest Triple XXX]

theres things more important than money but w/e

u live in Longsight?

[Guest M12 Part 2]

yeah bro

[Guest Triple XXX]

ah scene

[Duzza]

Take a look at Afren (AFR), making good gains today.

Probaby from the oil rally.

you think they will continue to grow? Someone suggested to me about buying RPT shares so I did, got them at 45 and now they're taking the piss at 35.. in 2 weeks lol. Praying they go back to the 120 they were

[Captain Planet]

I've just copped 225 shares in them for 200.

Taking a risk, did some swift research though.

Hope they do a RKS and find some oil.

/

http://news.bbc.co.u...ess/8648721.stm

Look at this

Junk Bond market

Bonds with high yields, due to Grease's sh*t economy

Only risk is that Grease may default on their payments meaning you lose your £

So the risk is higher than a standard govt bond, still worth a look.

I just need to know where I can buy into these bonds.

The junk bond market usually involves two types of risks:

• Credit risk: This type is associated with the probability that a default might occur (the borrower might not be able to make payments of principal and interest), and that after the default has taken place, the interest and principal remaining outstanding are not received. The risk is represented by a credit rating agency with an AAA (triple A) credit rating.
• Interest rate risk: This is associated with the change of a bond's value as a result of variations in the interest rate level or structure.

~

[Angelo]

Are you really spelling Greece, Grease?

Really?

Twice?

[Captain Planet]

Yes

Why yes I did

Problem?

[Guest M12 Part 2]

i dont understand why you would buy £200 worth of shares. If you add the spread and then the trade charge of say £10. your share price has to move up 5-10% just to break even. if you do that across 5 or 6 different shares, Its almost you're guaranteeing yourself losses.

[Captain Planet]

Good point, will see how this goes.

[Badman]

c/s M12

shouldnt really be doing deals less than 1/2k in reality

coz the charge per deal already puts you in loss and you need a certain percentage increase to break even as M12 said already

thats why I dont really mess with shares in this stage of my life really.

Its long term investment and I got debts to pay.

If you want short term winnings bet on horses or go Casino

I like the idea of this clique though its always good to share ideas

[Guest M12 Part 2]

c/s M12

shouldnt really be doing deals less than 1/2k in reality

coz the charge per deal already puts you in loss and you need a certain percentage increase to break even as M12 said already

thats why I dont really mess with shares in this stage of my life really.

Its long term investment and I got debts to pay.

If you want short term winnings bet on horses or go Casino

I like the idea of this clique though its always good to share ideas

I think VIP2 is very under-rated. there are a lot of bright minds in here just at times theres a lot of negativity and people tend to exaggerate their knowledge to look clever. If people take it as a place to learn from each other and not just laugh at each others failures, it could help a lot of people.

[Guest Triple XXX]

yea thats y ive been unsure about it id only be able to do like 150 max per shale deal or whatever and the costs would eat up the profit

dnt know about turning back to spreadbetting though

although instead of just sayin i dont know or ill see i really need to get myself into gear and actually research

[BLACK VICTIM]

like i said u need money to make money in the shares game

highly rate the concept of a vip illuminati where we share and grow together tho

[Captain Planet]

FCSS - FIDELITY CHINA SPE ORD

Beginning to make growth, nearly out of the red.

Shares are still priced at just under a pound, get involved if you are convinced by the prospects of the chinese economy.

• Currency

UK Pounds

• Price

97.00p

• Change Today

+2.00p

• Volume

1,110,029

• 27-May-10 Close

95.00p

• Shares Issued

460.00m

• Market Cap

£446.20m

[Captain Planet]

Take a look @ Sunkar Resources (SKR)

Priced at 25p approx

saw good growth on friday

Gna monitor them for a week r so then consider making a trade whilst the shares are still cheap.

[Badman]

This really does assume that everyone that reads this thread has a decent understanding of how the markets work

my advise to gain interest in this clique is to start from basics and help people understand

thats why I tried to start by asking everyone who they have an account with what platforms/software they use to get things rolling

@ Captain planet

[Captain Planet]

The thing is, if someone doesn't have a vague knowledge of what I'm talking about, because it is quite basic, then I shouldn't lead them into trading.

People ask questions if you want to know something...

[Guest Yilmaz]

The thing is, if someone doesn't have a vague knowledge of what I'm talking about, because it is quite basic, then I shouldn't lead them into trading.

People ask questions if you want to know something...

Lolwait...aren't you that dude who had an interview for a bank and turned up late?

#thef*ckouttahere

[Captain Planet]

Yes I am, even more reason to not listen to me.

/

This ain't twitter pipe down.

/

Guide to Sharedealing Online

Use the links below to move to the section you want to read:

• Don't let it be taxing
• Online versus traditional stockbroker services
• What if something goes wrong?

Why trade online?

The beauty of online share dealing is that the Internet is awash with information, with many online stockbrokers providing extra services such as alerts, tips for the day, real time prices, charting tools, news and analysis. Above all, they offer speed of execution, with trades being executed almost instantaneously.

The cost of share dealing is also lower online. With some share dealing services, you can get started with no initial outlay, while others charge monthly or quarterly fees, but even these are usually less than £10 a month. Dealing costs vary considerably, but Barclays stockbrokers charge £7.50 a trade, (providing you trade more than 10 times a quarter), with no other charges, so the bigger the deal, the smaller, in percentage terms, the charge.

How do I get started?

There are over 45 share dealing services in the UK to choose from. So check out the terms and conditions and what additional services they offer.

Most online dealers will tell you how easy it is to get started. However, money laundering regulations require you to prove your identity before you can open an account. So you will need to send an original bank statement and a copy of your passport or a utility bill by post to your online dealer before you can get started.

This enables your broker to set up an online trading account in your name. Once you have made an initial deposit into the account so that there is enough cash available to settle your trades, you are ready to go.

Your online trading account is just like a bank account. You can top it up at any time with fresh funds by cheque or BACs payments from your bank account. Once the money is in the account, you can trade straightaway.

<a href="http://wlnewindependent.find.co.uk/share_dealing/guide-to-sharedealing-online#Top">Back to top

Don't let it be taxing

If you make a profit on your investments in any one year which exceeds your capital gains tax allowance (£9,600 in 2008-09), you will normally be liable to capital gains tax (CGT) at a flat rate of 18%. You may also be liable to income tax on any dividend income.

Since 6 April 2008, the new capital gains tax rules apply whereby capital gains on share sales are taxed at 18% across the board, with no indexation or taper relief.

Dividends are paid with a 10% tax credit. This means that a company paying a £100 gross dividend will pay you £90 net, and for a basic rate taxpayer, you have no further tax to pay.

If you are a higher taxpayer, dividends are taxed at a rate of 32.5%, but the 10% tax credit reduces this, so that what you actually have to pay is 25% of the net dividend. So on a £90 dividend you receive, you would have to pay a further £22.50 in income tax.

There are ways in which you can shelter equity investments from tax almost entirely, the most popular being Individual Savings Accounts (ISAs) and Self Invested Personal Pensions (SIPPs).

Equity investments held within ISAs and SIPPs are free from capital gains tax on gains, and largely free of income tax on dividends (apart from the 10% tax credit which cannot be reclaimed).

Bear in mind, however, that if you incur losses within an ISA or SIPP you cannot offset these against capital gains you make elsewhere.

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Online versus traditional stockbroker services

When you are trading online, you are often given only seconds to accept the price offered, so you are being quoted you have to move fast to buy at the price quoted.

This can be both good and bad. Just because you can trade quickly doesn’t mean you should. Take whatever time you need, and don’t lose your common sense.

Whereas in the old days, chatting with a broker about a potential stock purchase could make you think twice, with online share dealing, you’re on your own.

The upside, however, is that you can trade shares when your broker has gone home. You can’t buy shares when the market is closed, but you can place an order for the next day, or buy shares in some companies whose stocks are traded in markets which are open when your broker’s offices are closed.

When US companies announce their results, the news often breaks during the evening, UK time, but with online dealing, you can normally still trade. The same applies to shares in other overseas markets.

However, not all brokers allow you to trade international equities. Those that do usually tap into the London Stock Exchange’s International Retail Exchange, but not all US and European quoted companies can be traded via this exchange. Some services also allow you to trade in derivatives and spread betting.

While online share dealing can sometimes be cheaper than more traditional services, the real benefit of online trading lies in the speed of execution and the freedom to deal in private without a broker knowing your business, and the facility to trade in small amounts.

The downside is that you can’t pick up the phone for advice from a broker (unless you pay for it). You have to do all the research yourself and if you make a mistake, you have no one to blame but yourself.

Nominee accounts

Perhaps the greatest disadvantage of online trading is that your shareholdings are likely to be placed in a ‘nominee account.’ This is because most shares bought online are not registered in your name, but held by your stock broker in a nominee account.

This means that you won’t automatically receive shareholder perks, such as vouchers or discounts off the company’s goods and services, as well as the facility to vote at AGMs, receive company reports and other key information.

In fairness, this is not just a problem relating to online trading. Today nearly 50% of all personal shareholdings in the UK are now held in nominee accounts, including equity holdings in ISAs and SIPPs.

If, however, you hold your shares in a certificated format, you will automatically be entitled to company perks. To iron out this injustice, the Company Law Reform Bill is expected to confer full shareholder rights to those with nominee accounts. So, when passed, investors with nominee accounts will become fully enfranchised.

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What if something goes wrong?

One of the risks associated with online dealing is fraud, whereby someone hacks into your account and siphons off your funds. However, this danger is reduced by the anti-money laundering regulations.

In a worst case scenario, if someone hacks into your account, the damage that can be done is limited. A fraudster might sell some of your stock or buy shares you don’t like, but the stock bought still belongs to you.

If a fraudster tried to transfer money out of your account, then the slow arm of snail mail comes to your rescue. For instance, the Share Centre will send a letter to your home address for you to sign and return before any money can be transferred out of your account.

Another potential pitfall is that your computer crashes, just as you are about to trade and the deal fails to be executed, or there is a delay at the broker’s end, in which case you think that the deal has been executed, but until you receive written confirmation, you can’t be sure.

Another risk is that you make a mistake. Before computerisation, if you told your broker to buy 100 shares and he bought 1,000 by mistake, then he would have been responsible and you would be entitled to compensation. But, with online dealing, you have only yourself to blame.

Limiting your losses

To limit your losses, it is possible to place a ‘stop loss’ order. This is where you establish an automatic sell order, which is triggered if your stock falls below a certain pre-defined level. In this way, you can avoid losses spiralling out of control.

Another facility is the ‘tracking stop-loss,’ which is where you can set a stop loss at a level which fluctuates with the gains you make.

So, suppose you buy a share at £10. You could set a tracking stop loss at ‘10% of the high price.’ The share price rises to £150, but then falls by 10% to £135.

It’s at this point that the tracking stop loss kicks in and the shares are sold. Not all online stockbrokers offer this, so it is worth checking if you think you will require this service.

Caveat emptor

Remember that share dealing is a risky business particularly in today’s highly volatile markets. When trading online, don’t get carried away with excitement or mesmerised by the figures on your screen.

Share dealing is not like playing at a fruit machine. Profits can suddenly turn into losses, so never invest more than you can afford to lose.

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[Captain Planet]

& heres a guide to market volatility I picked up for free off the Guardian

http://rapidshare.com/files/397002453/marketvolatilityguide.pdf.html

People who want to get involved should take regular looks at the reputable newspapers (and their sites), and on the news channels like Bloomberg etc.

If you hear something you don't understand simply type it into the search on a reputable newspapers site and some info should come up

or go to www.economist.com, and find their A-Z of terms

This is how I learnt

Just surround yourself with all the info whenever you have time

For these reasons i get annoyed at people who say they want in but then don't do any research.

Also

Investopedia.com - Your Source For Investing Education

Trading Strategies and Systems - Trading Forum and Blogs

The Independent | Sharewatch & Stock Market Reports | Share News | Business Share News

StockCharts.com - ChartSchool - ChartSchool

Especially the last one for those wanting to learn how to analyse trends in the market (technical analysis).

It also explains that there are more than one way to interpret things and make choices of what to buy, sell etc.

The student room also have a deep trading thread.

• I suggest opening a brokers account first as it is free, then looking throught the info they offer (Barclays really helped me out here).
• Then reading up in that chart school section to learn how to analyse trends (especially the Dow theory, its there)
• Generally looking for terms you see & hear ofte,n but don't understnad and using investopedia/economist to help.
• And being up to date on economic ongoings.

Beg a mod change the title of this topic to the Investors Thread.