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5000 where should i invest it???? I need to make money short term.     

thesaurus - 13 Mar 2004 13:24

Peadar10 - 16 Mar 2004 18:34 - 13 of 130

have a look at alltracel pharmaceuticals. web site www.alltracel.com. announcing final year results next week which should be excellent judging by their interim and quarterly announcements. their broker state that shares should rise to original list price of 68p in the medium term. also lots of new deals which looking very interesting. currently trading at around 30p. only my humble opinion but possibly worth a punt. stocks go up and down like wh***s knickers, who knows?

ajren - 17 Mar 2004 10:44 - 14 of 130

Why now ? Why not wait a couple of months so as to give yourself time to
gather more information?Meanwhile,you could have an imaginary portfolio.
rgds aj

namreh3 - 17 Mar 2004 10:50 - 15 of 130

Excellent advice AJ, but his performance may make him steer clear of market, and where would we make our gains if not from novices? IMH (but very greedy)O if you have 5000 to play with, perhaps you could just sign me a cheque payable to CASH!. Good hunting.

skyhigh - 17 Mar 2004 11:11 - 16 of 130

I'd put half on ZI Medical (ZIM) results due 5th April & half on CMS Webview (CWV) results due soon (April/May) (IMHO & DYOR)

thesaurus - 17 Mar 2004 15:48 - 17 of 130

Ok so am I being silly investing so much.

What are the fundamentals of trading and how do I become a day trader what do i look out for.

should i try spreadbetting

zarif - 17 Mar 2004 15:56 - 18 of 130

Do paper trading and think of it as "real Money".This way you will know whether your strategies are going right or not.
Aslo identify yourself as what type of trader u want to be.Day,week,mixture.Aslo the risk/money management has to be right.
Before u place a trade u should have worked out your max loss that u are willing to take etc.
Day trading "full time" -DONT GIVE up your JOB as its difficult.
s/betting recent article in sunday times said that approx. 90 odd % lost!!!!

rgds
zarif

Melnibone - 17 Mar 2004 16:00 - 19 of 130

thesaurus,

Watch, read, listen, ask questions, paper trade.
Check with Croc for any seminars in your area.

When you get it right paper trading, you'll find that
you have to learn it all again as you will then be fighting
your own psychological profile when you trade with real money.
This will be a totally different experience, believe me.

Melnibone.

thesaurus - 17 Mar 2004 16:01 - 20 of 130

what effects a share price.

zarif - 17 Mar 2004 16:08 - 21 of 130

Thesaurus:
In a nut shell: "if you dont learn the importance of Support and resistance than u dont know the markets at all"
markets are driven by sentiment etc etc.
Fear and greed are the biggest factors that play on emotions.
Cut your losses quick -the best way to survive.
Paper trading will help -BUT remember as soon as You put REAL money the RULES of the game change (as melnibone said)!!!.
IF YOU FAIL TO PLAN THAN YOU PLAN TO FAIL!!!

i hope this helps.
Get some knowledge -attend a few courses eg: crocs and attend any traders meetings in your area.

rgds
zarif

thesaurus - 17 Mar 2004 16:11 - 22 of 130

what are crocs?

zarif - 17 Mar 2004 16:29 - 23 of 130

Sorry Crocs the nick Name of David who does the traders thread and you can also go to his site at:
www.snappytrader.com
you will find a lot of info there including free educational material on tech analysis etc etc. The place is atraders goldmine.try it

rgds
zarif

thesaurus - 17 Mar 2004 16:34 - 24 of 130

will give that a go for sure.

Maggot - 17 Mar 2004 17:17 - 25 of 130

thesaurus. You've a chance of ending up a millionaire, without risking your money, by buying premium bonds (you have to wait only a month before they go in the draw). That's your best bet.

If you want to take a chance on the market why not pay to go on one of Croc's day courses - you can ask all the questions you want, and get not only the answers, but also actually see him trading. It was the best 175 I ever spent.

As for buying shares you know little about, you've probably got, at best, a less than 50/50 chance of making any amount of money (after you've paid stamp duty and commission). Frankly to get experience of the market the advice to open a spreadbetting account is good - you can trade a dozen times a day or more; but for heaven's sake keep the bet low - 1 a point - until you're making a regular profit. But be warned - it looks easy but you will almost certainly lose steadily to begin with; to consistently win can take a VERY long time. Years!

One other point. You will probably get free day charts with spreadbetters (check before opening an account) but if you want historical info (like the week, or monthly charts) or Level 2 (the orders being lined up in any share), or up-to-date news on UK shares, or ex-dividend info etc, you will probably have to pay. I pay just under 80 a month to Moneyam for the facilities I use. And in my opinion you would need something like that.

Hope it helps. As Gausie says - if you NEED to make money short-term DON'T play the markets.

ajren - 17 Mar 2004 17:45 - 26 of 130

We were all wrong.See Fundamentalist wins at Cheltenham
rgds aj

thesaurus - 18 Mar 2004 12:39 - 27 of 130

I am tempted by british energy what do you guys think

david.morris39 - 18 Mar 2004 15:07 - 28 of 130

If u really r this green do as you've been advised and put your money in a high rate savings account till you have some idea of what your doing. No offense meant.

thesaurus - 18 Mar 2004 16:04 - 29 of 130

How much will a high rate savings account give me

david.morris39 - 18 Mar 2004 16:53 - 30 of 130

thesaurus, u should be able to get in excess of 5%. Shop around, use the web there's bags of scope on-line. At least it will be earning something in reality, while u r loosing it on paper. remember even though you are not Investing for real you will have to be strict, keep a book and include all your ex's. There is no point in cheating yourself, you already know how clever you R :-) Good luck. dm.

thesaurus - 18 Mar 2004 19:16 - 31 of 130

5% A YEAR?

38 - 18 Mar 2004 20:17 - 32 of 130

Suggestions for 5,000 gbp:

(1) Buy something you always wanted and be happy. Better yet, buy someone you love something they always wanted and make them happy. It'll make you feel good.

(2) Spend whatever it takes on yourself to make you feel good. Then go see the boss and ask for a rise. (Even if you only get 500 p.a. and you spend all your money you get you've bought a 10%(ish) investment at ten times face value).

(3) If they fire you you have a 5k cushion while looking for a better job.

(4) Put 500 on the 3.30 at Newmarket. See how you feel at 3.37.

(5) Take the CFA exam. Look after other peoples money.

err, thats it.

Oh, I suppose you could open a cheap dealing account and get 5 x 1,000gbp lines of stock. You get to know how it feels.

Remember:

'Shares go up and down, but not necessarily in that order'. (Who said that ?)

Oh, seriously, everything that everyone here has said is true, and if this is money you can't afford to lose then bank it. If you are serious then you could look at gearing your investment by using extended settlement dates. This means you buy stock now but don't pay for it until later. It's old fashioned and incurs stamp duty etc, but it means you can buy more than 5ks worth of stock. Your broker will want some cash in the account before doing it for to cover the (very likely) chance of a falling share price.

The above is an example of what you may be able to do. It isn't good advice. Good advice is put it in the bank.

Best of luck.





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