We have lots of experienced traders on MoneyAM who would be glad to help if you have any trading questions.

Crocodile - thanks a lot for your thoughts.

I've been looking at the shares that have risen today (on ADVFN Free level) to see if there is any correlation between rising shares and more buyers than sellers. There doesn't seem to be any relationship. From your comments I imagine that this is like looking at orders on a dispatch desk without knowing what orders are in the in tray (so to speak).
Can you recommend MoneyAM's level2 service?

This thread is extremely useful and I'm grateful to yourself and everyone for taking the time to help newbies like myself.

I for one can recommend the moneyam Level 2. But you need to attend one of Bullshares talks to understand the basics to utitlise it properly. I took of several of the free offers first, as I could not justify the cost, but found I missed it when they ran out and I wanted to know what the orders on the books were before doing a trade!

Could someone help me with regard to level 2 i have looked at ADVFN which haseveral monthly plans I want to track ftse100 and other indicies, not sure how far i need to invest monthly to be able to monitor trends quickly what other alternatives are there?

is money am as good as ADVFN?

Can't help you there as I've only ever used the Moneyam one. If you ask nicely (and send bullshare an e-mail) I'm sure he'll arrange a free week trial.

-- DealerDave,

I've used both, more so the Advfn one - I much prefer the Advfn one, though it may just be a matter of personal taste. I find the trades much easier to read on Advfn L2 (and more of them) and the screen generally more attractive and easier to read at a glance. The MoneyAM one looks like an old DOS program - sorry chaps, but it does - and I don't find it easy to see what's going on at a glance - there's no clear delineation between different bits of information.

The new AM terminal about to go live will allow as many L2 screens as you wish. (Click on second image)
They have a simplified L2 allowing 8+ on a single monitor + news, stocklists, web pages with auto refresh and lots more!

For those with multiple monitors.!! Click image for full view

For those horse racing fans.!! Click image for full view

Morning all,

Amazing croc (am I too easily impressed)!?

LITTLE WOMAN

I use the moneyAM intraday charts (Free level at moment) and notice that whenever a price moves, the spread betting prices always move first - do you know if on Level2 it is possible to see price movements at the same time as the SB companies? - or is that utopia!

Comments from yourself or from any other Level2 users would be very much appreciated.

PS Like the kicking cartoon - know the feeling!

You see the price movements as they happen - sometimes too fast to react to! I find my limit orders on my normal trading accounts can react to these price movements (and I have managed to get some really good prices in the process)
but found my limit orders on my CFD account did not (in fact they offen did not react at all - which is why I've decided not to bother with SB companies.

thanks for replies re AT trades. still trying to get my head round it

Croc can you recommend any publications on charting...?
Many thanks in advance
C

Carvaggio:
Look at "beyond Candleticks" by Steve Nison who is also an author of
"japanese candlestick charting techniques"

I found his language and explanations very detailed and informative.

rgds
zarif

Carvaggio:
David Jones (Limpsfield Chartist) is the TA guy, I will ask him to suggest a few good TA books.

Could one of you please tell me a share that will go up at least 20% this week cos I lost a packet yesterday on S. Africa

Cheers

LITTLE WOMAN - many thanks for your reply

2002/3 Losses v 2003/4 Capital Gains. Do you know if I can offset last years 5 fig. losses against my gains for this year, once my CGT allowance has been used. thx.

Croc... you mentioned multiple monitors... any info on cost, software and supplier? As I am in my 1st year of full time trading is there an ideal no. of monitors I should consider. thx

Previous years losses are offset against current year profit before CGT allowances (Allowances are always the last deduction to be made when working out CGT liability).

Losses are also set off after indexation but before taper relief, so it is alway best to offset against assets with the lowest taper relief. But you can offset enough losses so that you can after taper relief claim the CGT allowance and c/fwd balance to following year. (Although there are other factors that may have to be taken into account)

Now you understand why accountants charge so much to work out CGT and guess what their fee is not tax deductable!