Online stock/share trading

Ramrod · 15-03-2007, 14:52

Anyone here do this?
The reason I'm asking is because I'm thinking of trying it and was wondering if anyone here has any experience of it online.....

Xaccers · 15-03-2007, 15:05

I did back just before NTL dumped all their stock to pay off their debts.
Made a little, but I know people who lost thousands.

dcclanuk · 15-03-2007, 15:06

dad uses jarvisim

http://secure.jarvisim.co.uk/about.html

AndyCambs · 15-03-2007, 15:07

I'd use an independant finanancial advisor...

Ramrod · 15-03-2007, 15:24

Quote:

Originally Posted by Xaccers

I did back just before NTL dumped all their stock to pay off their debts.
Made a little, but I know people who lost thousands.

I know someone who invested 30k in Marconi just before it went bust

---------- Post added at 16:24 ---------- Previous post was at 16:23 ----------

Quote:

Originally Posted by AndyCambs

I'd use an independant finanancial advisor...

The definition of which is 'someone who invests his clients money until it's all gone'

.....any luck with that btw?

danielf · 15-03-2007, 15:26

Quote:

Originally Posted by Ramrod

I know someone who invested 30k in Marconi just before it went bust

On that note: I'm not sure if this is a very good time for dabbling in shares.

Ramrod · 15-03-2007, 16:04

Quote:

Originally Posted by danielf

On that note: I'm not sure if this is a very good time for dabbling in shares.

I'm not thinking of risking a lot, more to get the feel of him it all works.....

danielf · 15-03-2007, 16:33

Quote:

Originally Posted by Ramrod

I'm not thinking of risking a lot, more to get the feel of him it all works.....

I'll tell you how it works. I invested a bit in a world-wide fund towards the end of 2000. Over 6 years, I've had a gain of about 10%. At some point I was down 40%. I'm staying put. It's best to leave this stuff to people who know what they're doing

Gareth · 15-03-2007, 17:09

I used UBS, but my stocks were on the NYSE.

Mr_love_monkey · 15-03-2007, 19:47

I use selftrade - fairly cheap - I like doing it online, it's a lot easier to do your research and everything

Ramrod · 15-03-2007, 20:00

Quote:

Originally Posted by Mr_love_monkey

I use selftrade - fairly cheap - I like doing it online, it's a lot easier to do your research and everything

ÃƒÆ’Ã¢â‚¬Å¡Ãƒâ€šÃ‚Â£7.50 with Barclays if you trade ten times a quarter.....

Mr_love_monkey · 15-03-2007, 20:03

Quote:

Originally Posted by Ramrod

ÃƒÆ’Ã¢â‚¬Å¡Ãƒâ€šÃ‚Â£7.50 with Barclays if you trade ten times a quarter.....

how much is it if you don't?

it's 12.50 a trade with selftrade.

Thing is, it's very hard to say "I'm going to trade 10 times a quarter" unless you have a lot of money to throw around - since depending on how well spread your portfolio is (or not) , you may not trade at all?

Ramrod · 15-03-2007, 20:14

Quote:

Originally Posted by Mr_love_monkey

how much is it if you don't?

it's 12.50 a trade with selftrade.

Thing is, it's very hard to say "I'm going to trade 10 times a quarter" unless you have a lot of money to throw around - since depending on how well spread your portfolio is (or not) , you may not trade at all?

ÃƒÆ’Ã¢â‚¬Å¡Ãƒâ€šÃ‚Â£12 if you don't. I agree with your points and that selftrade site looks nice and friendly....

Mr_love_monkey · 15-03-2007, 20:17

Quote:

Originally Posted by Ramrod

ÃƒÆ’Ã¢â‚¬Å¡Ãƒâ€šÃ‚Â£12 if you don't. I agree with your points and that selftrade site looks nice and friendly....

I do remember looking at Barclays... but I think the thing that veered me towards selftrade was that it was all online set up, I went through several pages at barclays, giving them all my details, for it then to say 'well send your pack out in the post, sign it and send it back, and then you can start trading' - which was no use, I needed to start trading within the hour (I had a hot tip, so to speak) - selftrade did that

Ramrod · 15-03-2007, 20:59

Cool! Did the tip reap rewards?