MoneyAm Site Questionnaire Win an IPAQ BLUETOOTH PDA


Your chance to win an IPAQ Pocket PC H3970 64MB 400MHz Bluetooth(worth 465.99) by simply helping us with our online survey.
We are trying to find out just how active our users are in the markets. The information we gather from this survey will be aggregated and no individual details will be shown nor released. All replies will be treated in the strictest of confidence.
If you wish to help us with the survey, you can do so easily by simply completing it online. If you wish to enter the prize draw please leave your username and email address, if you do not want to disclose your personal details simply leave those 2 fields blank.

The winner will be chosen by a random draw

All information gathered will be treated in strict confidence. We will aggregate all information and will not publish any individual responses.

Many thanks

Mike Boydell

CLICK HERE TO COMPLETE QUESTIONNAIRE

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Have I won?

Jeffmack; Not yet, but next week we will close the questionaire and do the draw:-)

We have now received all the questionnaires so very many thanks to all who kindly participated.

We will publish the results over the next few days.

The winner of the random draw is Bormeo ( email on its way) many congratulations.


Mike

Our survey said:

70% of our users trade UK shares at least once a week with over 50% of our users trading shares more than once a day.

Of those trading every day, 50% said they carried out 8 trades or more trades per day, the highest total being 60 trades a day. We were interested also to find out the value of stocks traded in an average week, the range was from less than 5,000 up to 5,000,000, with 47% saying they traded stocks to the value of 100,000 more.

The most popular type of stocks traded were those in the FTSE 100 with 58% saying this was their first choice, followed by Small Caps, Ftse250, Techmark , Aim and then Ofex.

Asked if they prefer SETS or SEAQ stocks, 85% preferred SETS stocks. Of those who did trade SEAQ stocks, 91% responded that the spreads were too wide.

We asked our users did they trade indices. The majority were active indices traders and 39% said they traded them at least once a day. Of those surveyed the top chose to trade the FTSE indices with 64% saying this was there most actively traded indices, with the US indices second with 34% saying they traded them, followed by a handful who traded European indices.

There are a number of ways of being invested in the markets or trading and we were keen to ascertain whether our users were cash investors/traders or if there preferred derivative such as CFD or spread betting products. Nearly 70% responded to say they only used CFDs or spread betting (42% spread betting and 27% CFDs).

Looking at market volatility, it has been widely accepted that the most volatile times of day are at opening and closing of markets. We were interested to find out the periods during the day when our users preferred to trade. The majority actually considered quite small windows of opportunity with the most popular specific time from 8am to 9am , the majority preferring various timescale from 7am to 10am. Oddly enough very few actually traded the last hour in the day.

Bulletin Boards are always an interesting area for the active investor/trader and we asked our users if they found them a help or a hindrance, in fact 100% said they were a help . Of these 50% used the bbs for camaraderie, 20% for tips and 30% for both.

As an on-line business we are always interested to know some details about online usage particular to online trading and investing. The responses we received pointed to the fact that on average 80% of our users are online looking at share information or trading for 3 or more hours per day and 20% are online for 10 or more hours.

Personal Survey Stats

Our audience is 95% male and 95% UK-based, with 50% of these living in London & the Southeast. Five in six users (83%) are aged 25 to 55, with 60% between 30 and 45 years old.

60% of our users either own their own businesses (outright or as a partner), are professionals or are otherwise self-employed. One third of these (over 20%) derive most if not all of their income from their trading activity.

>>>>Bulletin Boards are always an interesting area for the active investor/trader and we asked our users if they found them a help or a hindrance, in fact 100% said they were a help.

I think I got rounded out or else my memory is going. I never look at BB's while trading and thought I said "hindrance"......

F