Hi folks,

Been watching and reading you all for a while now and thourghly entertaining it is but are you trading real money ? Not meaning to be totally thick but there are games out there such as champion investor etc that makes it possible to trade and not risk. lso how do you set up acounts with stockbrokers and what are your personal favourites.

TIA.

Chimpchoker

Thanks for the input. I'm "playing" on the champion investor competition at the momment and I was doing ok, up about 10% then bought BFC big only to lose about 30k in a few days, lol. However this came about because I was unable to check the computer for about 3 days so a salutory lessons indeed that for serious players I think you need to treat it as a job or leave it to others who do it for a job etc.

Still what i'm doing is still only a game and that's where the difference is and i'm acutly aware of this. When I started to look at share ealing I came across options and it seemed so easy until people kept telling me that the risk level on a scale of 1 to 10 is 11! I also like the idea of day trading......oh well .....

I will do a lot of research read a lot of posts and then take a calculated risk / gamble.

Thanks for the input.

Chimp choker ( He comes from Hartlepool you know)

chimp, you could try spread betting. capital spreads will let you open a dummy account with 10k monopoly money. no risk and it's a good way of trying different strategies and learning about stops/ limit orders. (you can also re-register when you have lost the 10k and try again.) finspreads used to let you open an account where you could trade a penny/point for 8 weeks although i don't know if they still do this.

Hi Chimp Choker

I am a frequent dealer and chose to use HSBC's internet dealing. As a high activity dealer (not quite daily, but almost) I pay as little as 6.95 per trade so it's worth shopping around. I must confess that I tend to follow the recommendations on the bulletin board all of which need to be carefully considered but even where I am down I am prepared to wait and hopefully see a recovery in the long term. I spread the risk as far as possible with a diverse range of predominantly AIM listed securities. All risky but not always subject to the large falls and rises which we have seen in recent days
After a while you'll get to know the rampers and derampers quite well and those who you feel are flogging a dead horse! (refer to EIRX - Potatohead) Good Luck.

Mr Turbot
ph will get it right one day then we will be rich.

Chimp Choker
You can always visit Drivers Tips nothing to do with me, you have been warned.

http://www.moneyam.com/InvestorsRoom/posts.php?tid=9585#lastread