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

Croc

Thanks for answering my question.

Thanks all. It did seem logical but I needed it confirmed. Great thread u started here Croc.

I'm looking at moving my portfolio into an online account for easier trading as I am now working overseas. I have been looking at comdirect, does anybody have good things to say about this company or can anyone suggest a better one?

any1 confirm next weeks XD's for me,and is barc one of them?

hijeff, you should find a link to the calendar on crocs site from the header in the daily traders thread.

I seem to be using this website more and more each day. There are alot of good tips, etc. I am thinking of up grading to level 2. What exactly do I get at this level. Will I have access to shares magazine, etc?

Tokyo,
If you click on the 'Our Services' link at the bottom of this page you'll see
a complete list of all our subscriptions and services, saying exactly what
you get at each level and how much it all costs.
The *only* way to get Shares online is to take out a subscription with them
I'm afraid (99/year). Once you've done this just let us know your subscriber
ID and we will fix up your account so you can view the online version.
F

Thanks Felix
Will take a look at it as soon as I have a chance

Tokyo

I have two accounts - one with comdirect and one with hoodlessbrennan. I use comdirect for my longer term investments, because they let me set up orders (limit & stop loss) which can cover up to 90 days. (Usefully if you don't have the time to keep an eye on them). But hoodlessbrennn for short term dealing because the dealing charges are only 7.00 against comdirects 12.50, so I don't need to make as much money before selling!

I have other accounts before, but always had some problem or other, which I won't go into. If you want to take a look go to: http://www.comdirect.co.uk/ or http://www.hoodlessbrennan.com/

Also on both accounts I get stuff sent to me in the same way I get with certificates. HB does it automatically, and CD did it after I requested it.

where can you find best site for market expectations please

little woman

thanks very much for the info

for those interested BARC xd 25th for 13.45p

Tokyo, I have used ComDirect for a few years now. Not the cheapest but very reliable. I wouldn't change for something slightly cheaper.

I am a relatively new trader so advice please....V pleased with Petra Diamonds over last few weeks with over 1,000 profit on 4200 shares! Do I sell while they are so good and take profits or do they have further to go? I am trading on money I will eventually need to take out over the next 3/4 months so can't wait longer than that anyway, unless they double!!!!!!! comments please.

amberjane, your dilemma is common. Knowing what will happen in the future is tricky to predict though some seem to have the knack. All I can suggest is that you decide how much profit you want to make (your target) and sell them then. Also decide how much you are prepared to lose (your stoploss) and sell them then. Best of luck.

amberjane, the other way is trailing stoploss. Decide where you would sell if they fell back - and stick to it. You might not make so much, you won't get the top but you will guarantee some profit - and if they continue to rise you should get your profit at least where they are now.

And ALWAYS look at the 7.00am news / RNS's every morning - if it's bad news get out fast.

Seymour, quite right about the trailing stop. I suppose I should've said, decide your stoploss every day.
Of course that leads to the next question: how do you calculate a stoploss?

Thanks as today was very nurvy but then that's what it's about, very addictive. After my first message they went a further 120 so glad I didn't sell (thanks Hilary). As I have 4200 shares and they have now doubled, what about taking half?
I'm not sure about this 7.00am....but what is RNS, sorry I told you I was a novice!!

amberjan,if your shares have doubled,you sell half run the rest for free.if you click news on header you will see all the early news company anouncements etc,as said ealier the best time to look is 7 to 7.30am.

Aberjane
The posts given above about a moving stop loss is the best advice.
Look at say a 5p stop loss which is approx 10% of the current price (or tighter). If you are lucky and the share goes to 1 you keep the stop loss at the same ammount, ie 5p. This means as a % the gap narrows as the share climbs maximising your gains.
Warning, When you set the stop loss stick to it and do not cheat like I do!