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

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

Jariise - I am busy looking at my charts and will see how we compare.

One word of warning - While it is nice to talk you have been working on your own with a system that works, just be carefull that sharing and listening does not alter your trading style it works ---

will post later RG SP

stockpick no problem mate i never take advice it always seems to belly up on me but i would love to here what your charts say

well this is my read, without looking at your thoughts, will type in what I see first and lets see what we get.

BARC - Still trending down but starting to move to oversold.A move to 472 support would set up a chance to long with 1st target of 488 then 50% fib retractment at 490
GKN - Sitting on 50ma, MACD & RSI looking to cross move to 236 would put me long with target 245 and 256. If not reversal to 210 area
KGF - At mid point for me needs to break 300
MKS - Hmmm still in breakout, I think overbought and would like to short any rise and I will but this is news driven and could go anywhere, just look listen and wait
OOM - Just broken short term consolidation, long to 104 support and look for breakout of this level to 113
LLOY - Hard to call would wait for clear move over 433 then 447 target, below 424 return to 416
VOD - Bouced of 124 support, still trending down but look for reversal to 130 then if gets through ma's 138 & 144

Will post now and see how that compares with you. Time to say good night as wir.

SP

daves dazzlers
i KNOW you can make money in the market.

i turned 12k into 37k in my first year. sadly it was during the bull run when you could buy any sack of shit and make a profit.
on the plus side if i had started investing a couple of years ago i would now be skint.
education can be mighty expensive

yer your right,ive thought about cashing a few in and buying a property to let,thing is prices are so high,i feel they must come down,,and it mite be a lot of hassle,with tennents.you will find,property high/markets low/stocks high/property low.
look at the poor sods bought houses 7 times income,,just to get on the ladder,talk about up the creek when intrest rates zooom.