i have been doing shares for 3 years now but only day trade with OOM ,VOD,BARC and KGF
I'm doing ok as i've gone from 2ok loan to 40k in the bank(loan payed off)
which i don't need to live off so i can do what i like with it

Now here my Question

Dividends when do you have to buy the share and how long do you have to keep them to be intitled

Many thanks Rob

Jariise - Do not know your trading period - if you work or trade in the day but if it is quite short then CFD's might be an option, you may already be using them.

- 20 K to + 40 K = + 60 K on - 20 K.Really ?
rgds aj

You piss on parades. never mind rain.
Surely its true Arjen.Surely! ;)

I can see that you need some help. If you e-mail me very privately before you buy the stock you are interested in I will check them out for you. Possibly buying them just before you in order to check them out experientially for you.

Perhaps by aiming for the stars you have hit heaven. I tend to grind to a muddy grounding when I think I am flying. Carry on with what you are doing and Good Luck.

Jariise - You are doing fantastic job for a 3 yr trader, 90% of traders loose all thier dosh within 6 months. You ask about Divi why bother, the fluctuation of the price around x divi date, you may make a few with the divi but loose as the price falls after x date. Dont fix what's is'nt broke!!
Very well done..

Can I see some proof?
Youre welcome to see mine :-)

Wouldnt it be great to see the Client positions/Trading History? I have a hunch there are very FEW making a living from trading in the UK and even most of them run courses! If I was earning enough you wouldnt get me preaching in some sweaty hotel. Unless of course id identified a ripe crop of suckers waiting to be parted from their cash for a few Fibboconi/rsi/macd`s and how all my losses are small and my profits run of course;)
I post the truth. It even hurts me to read :-)
So come on an Honesty Amenesty.Are you MAN/WOMAN enough for it.
Yours Cynically, Iain

Ps Made 5000 into 0 in 5 months last year.But then Im Being honest.
This year,Starting April. made a 1000 into 2950(Today)was 4300 end of April
2 weeks ago it was 500. Honesty gets you nowhere these days.lol

jar there are a few ftse 100 shares that still have room for capital gain and pay resonable divis in my opinion. Look at tesco, national grid (just gone ex div, a good time to buy), lloyds and baa (though risky withh terrorist threat) hope good luck continues. I have made about 25% return in 3 years so you have done excellent.

Iain, while You have to take at face value my thoughts / questions are based on some very basic thoughts.
1 As new to trading you would expect him / her to be buying shares in the normal manner eg not spread or CFD especially as no mention of margined account was used
2 Based on this we have to also include duty, broker costs
3 On top of this we have min 2 max three years of capital gains tax
4 In very simple terms ( and you could tear this to pieces as it depends on size of trades profits etc.)- Based on 48 weeks trading per year as an average including estimated costs and CG the actual figure for the three years would be 82k. for ease and the fact I am not sad enough to use a spread sheet and work it out the average weekly profit would be about 569.
6 There must also have been some losses
7 As a new trader to stick 20k in the market takes some guts and large placements even with small stops means big losses, and I sure know about that.
8 As you know FTSE 100 stocks can trade in narrow ranges so the picks must have been good

So while not being to negative It would be interesting to see how this was traded, I might even give up my day job and follow the same course.

As for trades, I have made about 50k since SEPT 11th ( not in the bank ) and will post some of the headlines in an open manner a bit later


Reg SP

SP.
Look forward to that

Well here we go, I will not go through all my trades as this would bore you and depress me. I will give a flavour but as I keep my trades on my broker site the sequence might be a little out.

was sat in the office and watched the twin towers get hit and luckily for me was not in the market at that time as we had moved house and that was bad enough without looking after open positions. Anyway a few days later went away on business and was reading FT when I saw news on London clubs dive due to 9/11 and issues with US casino. Hmmm I thought, people always gamble and tourists will return so I bought 5k and made 88%. This was no more than a hunch and pure luck. Instilled by my new success I bought some shares in Gameplay ( in and out )I bought 9k and made 60%. well being on a roll I bought 1k in bioglan pharma which was in trouble, hence the small purchase. Could have come oout with 200 profit but thought I would hang on after all they were s and after they have refinanced I will make a killing - got wiped out total loss. Then bought 5k of Marconi shares if I remember at about 40p, why I hear you ask. Well my gran had bought some (1000 shares) when they were GEC and left them to my daughter in a trust and, she lost thosands but thats another story, do not ask me why I bought but I did. Went to work one moning and came home having lost 3950 before I got out, not bad for a days work and I am still smarting from the loss so no rebukes please. Had also bought 250k worth of Zipcom as it was then at (av price 0.033p) this is because I like the tech / providers sector and worked on the thought that any survivor would do well. Had also looked at the company and the purchaes which looked cheap. Kept these through the company change ( Pipex )and sold at the 11.5 mark. With the proceeds I bought 450k of OST at 0.01, 450k Coffe Heaven at 0.011 and another 650k of OST at 0.013.
So I am now left with 1ml of Matrix at about 0.037 and 450k of coffe heaven at about 1.3. The remaining is in a spread betting account with IG .... and yes that is another story.

well along the way I have had other ones to forget Leeds United, claims direct just to name a couple but all in all these have balanced and helped to contribute to pay the costs and taxes. I think I have been lucky so If my maths work out that means 43k in stocks and my spread / CFD account.

well thats all pretty boring but hope it gives an insight into my weird, way of working. I am now far more professional ( I hope ) and use trading packages to help on spreads...Hmmm maybe not after this weeks results, only a joke.

Rg SP

this thread must be a wind up.....your record is fantastic if true ( no offence intended ).

dont ask for advice......just keep doing what you are doing.



ps you can have my email and give me a few tips

SUPERROD,,ITS NOT TO HARD TO MAKE GOOD GAINS.WHEN I FIRST ENTERED THIS GAME,IT WAS FLYING. MY FIRST CHEQUE EVER WROTE,WAS 4OOO, FOR f&c ENTERPRIZE TRUST {PEP 1996},, 13 MONTHS LATER 12000. MANT DEALS LATER,,EG ASDA ,ARGOS,OLD MUTUAL,M&S BFG, ALSO I BOUGHT BA,AFTER TWIN TOWERS, WHEN SO CALLED HENK POTTS WAS SAYING THAT WAS THE END OF AIR TRAVEL,I THINK WHEN I BOUGHT IT WAS DOWN TO 71 PENCE STILL HOLDING CURRENT 258.TIMEING IS EVERYTHING .
I TO HAVE LOST MONEY ,,INDERPENDENT INSURANCE, ,,AIM MARKET MANX &OVERSEAS,NOW TRADES UNDER NETCENTRIR OR WHAT EVER THEY CALL IT.

NO YOUR SECTOR BEST ADVICE,,NEXT,, TRY TO GET TOP THREE IN THE SECTOR,,GO WITH YOUR FEEL,,AN NO THE PRICE YOU WANT TO PAY AND YOUR HAPPY WITH THAT STRIKE A DEAL BE LUCKY.
I WILL ALLWAYS BOTTOM FEED,I`VE BEEN LUCKY WITH IT ,UP TO NOW.

I'm really shocked with what been written on here . I really thought i was doing ok at best on my limited knowledge not great as some people have suggested I was trading for one year before i found out what was meant by the terms long and short (honest) i never listen to anyones tips and someone said you must be brave to put 20k in on one go well not really as its money i don't need so can afford to lose on (which i do now and again )with my margin if i want i'll buy 3 shares at 20k and sell them if they make 200 ea i will be able to hold onto one if it does carry on falling until it regains a break even point i'm also left an extra 20/30 on margin if things go pearshaped First rule i learnt in the begining don't trade snall company's as they can lose you your hat if they decide to crash Barc,Vod,oom,bp.and mks never fall more than 5% in one day without bouncing back a couple of % (cut your lose time)
I also would like to clear up one think that may be miss leading i've made 48k in three years in real money as i paid off my 20k loan after the first year and a bit in real terms my loan cost me 1500 in 18months interst and early repayment charges( does that make sense)

anyway listed below is he last 2 weeks trades


25/05/04 12:34:40 I47741 Buy / Mkt OOM MMO2 14,729 09/06/04 13,816.41 Executed
28/05/04 08:13:44 I61795 Buy / Mkt MKS MARKS&SPNCR ORD 2,787 14/06/04 9,997.01 Executed
28/05/04 15:55:31 I67506 Sell / Mkt MKS MARKS&SPNCR ORD 2,787 14/06/04 10,118.63 Executed
28/05/04 16:05:15 I67675 Buy / Mkt BARC BARCLAYS 4,178 14/06/04 19,997.14 Executed
02/06/04 10:41:44 I76252 Sell / Mkt BARC BARCLAYS 4,178 14/06/04 20,190.19 Executed
03/06/04 08:07:11 I80157 Buy / Mkt MKS MARKS&SPNCR ORD 5,626 17/06/04 19,999.74 Executed
03/06/04 14:26:41 I83480 Sell / Mkt OOM MMO2 14,729 09/06/04 14,313.95 Executed
03/06/04 14:33:56 I83555 Buy / Mkt VOD VODAFONE 15,879 17/06/04 19,999.24 Executed
03/06/04 14:34:54 I83569 Buy / Mkt BARC BARCLAYS 4,369 17/06/04 20,995.92 Executed
04/06/04 09:34:15 I86143 Sell / Mkt OOM MMO2 21,148 09/06/04 21,033.54 Executed
04/06/04 09:37:19 I86183 Sell / Mkt BARC BARCLAYS 4,369 17/06/04 21,081.02 Executed
04/06/04 09:39:50 I86208 Sell / Mkt MKS MARKS&SPNCR ORD 5,626 17/06/04 20,088.75 Executed

also wait for it i don't use stops just my gut feeling best time to buy a falling share is 2.oclock and 4.28(my tip for the day)

Jariise

As far as I can see, you have a system that works for you - you know the risks you are taking and are making money. I think you underestimate your own success and overestimate that of others.

You are focussed on few shares which you now know very well. Continue to do what you're doing!!!

As for me I mainly long term buy and hold or medium term trade and I am happy with how I am doing. I am spending more time on it these days but still dont feel comfortable with short term trading. My strength is analysing a companies accounts and finding stocks that I feel are undervalued by the market and given time will be higher rated. It is money that I dont need in the next 10 years and am happy to wait for the long term gains.

jariise,i`am with you,the thing is there is no secret,like most things knowledge is key as in life.

Jariise - As I said in response to Iain those were the questions I would ask and you answered all of them in your response. But as you can see from the response to my posting when I showed my trades you will get questioned. The good thing about this board is there are all sorts and a lot use both sides. Do not take the queries in the postings as a personal attack if you visit and read on a regular basis you will know that is the way it works and all people post in different ways /tones. But people do listen and help and have been at it for some time so questions do get asked.To be honest I am very impressed I have thought about just doing the 100 shares in the same way you have but did not think it would work as well as it has with the ammount you mention. Time to have a re-think. Stay around and post on the day traders thread sure your insight and thought would be welcome but you are doing fine. LOL SP

PS FM is right there are only a few that make it big, I think growth of 20k a year is b****y good. LLOY long Monday AM what do you think ?

thanks stockpick i feel i might start posting my opinions on here now as i'm don't think i'm quite the idiot i thought i was
anyway heres my view at the monemt feel free to comment i won't take offence

1 Barc 482.75 good for 500 over the next 6 weeks but with my limited trading i won't buy unless it drops to 478 ish then sell around 484/86

2 gkn 232.25 won't buy this unless it falls back to 224 ish

3 Kgf 293 a great buy at 276/78 but will not tuch this share at the moment still a good tip to reach 300 in the next 6 weeks

4 Mks 357 hmmm one two watch think i would gamble on this if if falls to 355 but don't want to hold it long as i have no idea what this share is going to do long term sell 361/2

5 oom one of my fav's sub 98 is always a buy and 100/101 always a sell

6lloy 430.75 good for 450 long term in my opinion but a buy for me is 415/18

vod 125 last but not least put your house on this one 135 short term easy and 140 long term also easy

thats my feeling remember i'm no expert so your views would be welcome