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

I suppose you could be "doing" worse than shares :-)

You don't need to be a registered shareholder, however you do need to be holding the shares at the close on Tuesday. If you are holding the shares but are not on the shareholder register then your dividend will come from your stockbroker (who may need reminding).

thank you all for your info i'll try it out

jariise, please advise me!!!!!!! how did you turn -20k to 60k, +40k???????

Well done jariise.

Bosley it took 3 years and I didn't think i was doing very well really alway got the opinion you lot were the one's raking it in

my therory has been simple i stick with the top volume shares and i watch them every day after 3 years i know what there going to do roughly and thanks to the market if say o2 give out some bad news it will pull Vod price down (as of the other week) think it went down to something like 122/123 which is silly i bought 20k at 124 and sold at 130.5 which was nice but most of the time i'll buy and sell 20k to make 200 clear
but i'm sure i could do better if i was only half as clever as some of you lot

Don't be so sure that you would do better, Jariise.

I'm coming round to the opinion, that after a certain point
in the learning curve, all the extra knowledge causes confliction
and confusion.

You start nailing down prices with MA's, trend channels, fib levels,
support levels, resistance levels, swing points.

You start to conflict Macd's, Rsi's, Stochastics, etc..

In the end, the price is nailed down so tight with indicators and levels
and it all seems to make such perfect sence that it can never move without
violating something or other. :-))
Of course it does move. The opposite way to what it should. :-(

I really think that the simplistic approach is the best as long as you
couple it with good trading practices and money management.

Why change what obviously works for you.

Melnibone.

Oh Melinibone I can relate to that but you forgot as soon as you decide to buy it has already moved and you think you have missed the major part and wait for thr reversal and so the circle continues... ahhh we do love those indicators.

Jariise - well done keep up the good work. If you can make av 2% you are doing
ok

you lot have given me a real bunk up i'm feeling a lot better now about myself
thank you all

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