Stocks

[dee]

He should set up a whatsapp group and charge 10% of client profits. I'd be interested.

this

 

[dee]

and Raoul Pal said something that perked my interest that I don't know a lot about

 

[davedevelopment]

So I started trading in Forex a week last Monday under my sons guidance.

The investment started £1,000

The value of the pot as of today is £2,219

Very happy with the result.

That's impressive!

So far my adventures have seen me lose about £800 of hypothetical funds on FXCM, but happy to be learning. That's mostly trying to trade on price action. I think around £500 of the loss came in one trade though, when I inadvertently miscalculated the pips and put myself in for 10x the volume I meant to. Lesson learnt there!

 

[Murray]

The dollar seems to have bottomed out with EU stimulus more likely to come before US

With that in mind I opened a couple small positions, I haven't got my head around how to use any new fx dedicated platforms yet so I'm still using Etoro for now

I'm hoping to hold these open for a while, several months if possible all going well and make a few hundred dollars but if the US election doesn't go smoothly that could turn $160 up into stopped loss out very quickly

Trading is a weird one, being up a small amount I'm quite blazae about but if I was down $160 i'd feel sick

 

[dougs]

My random stab Not financial advice.

Stocks are irrelevant of value of companies as they are now mostly being propped up by governments...ie if US gov does not support airlines then they go bust, hence many share prices now are based on people thinking which gov will support them.

As world interest rates go to zero, all that money is hunting for value and hence asset prices have gone way passed historic averages. Example Apple turnover and profits have hardly moved in the past year but share price has almost doubled. Money is hunting for safety and will also accept low returns.

Add to that mix over 70% on international trade is done in US$'s and as people head for safety they mostly have to trade in $'s and hence demand for $'s increases. Fed then prints trillions of $'s to pump into the US economy and also allow the world to trade easier...otherwise global trade stops as many people are simply holding US bonds and hence no $'s available to allow trade to happen. Chinese gov is pushing to do trade deals in Chinese currency and hence trying to diminish the $ as the global currency of trade....if this happens then people will dump the $ and hence anything priced in $'s will collapse.

Thus my view/opinion/guess is that as world goes into more madness the wealth of the world will head for safety.....$'s, gold, winner take all stock ( Faang's etc ), quality stock where company prints cash or holds solid assets...if you want the extreme side Bitcoin ( as many people see this as a virtual gold )...price has gone from $4K to $13K in past 6 months.

Just my random thoughts on a Friday evening.

 

[Murray]

Add to that mix over 70% on international trade is done in US$'s and as people head for safety they mostly have to trade in $'s and hence demand for $'s increases. Fed then prints trillions of $'s to pump into the US economy and also allow the world to trade easier...otherwise global trade stops as many people are simply holding US bonds and hence no $'s available to allow trade to happen. Chinese gov is pushing to do trade deals in Chinese currency and hence trying to diminish the $ as the global currency of trade....if this happens then people will dump the $ and hence anything priced in $'s will collapse.

The US government sells bonds to the market, commercial banks etc

The Fed with QE buy those bonds from the commercial banks but they don't give them money back, they give them the dollar equivalent in a collateral account held at the fed that can't be withdrawn from so they can't be spent, they're just added to the banks reserves

This lowers interest rates hopefully making loans more attractive and with the fractional reserve system that is where new dollars are actually created, not through QE

But banks are tightening loaning standards

This year governments were giving out stimulus and also deferring loans

There's still something in the US atm you can't evict renters for instance and that doesn't run out till January, something like 32 billion is owed in rent

Student loans also don't need to be repaid until December

At some point in the next few months there's going to be a real lack of dollars unless banks actually start loosening up

 

[Murray]

Stock market is loving the vaccine news..

 

[JMI]

Yeah.. its just blanony... remember Russia did this about 4 weeks ago with their so called "vaccination" miracle? I guess someones gota short the shit out of it for all the greedy corps, had to come up with something since recent JP Morgan fine... or am I just being cynical.

 

[Lovekraft]

Yeah.. its just blanony... remember Russia did this about 4 weeks ago with their so called "vaccination" miracle? I guess someones gota short the shit out of it for all the greedy corps, had to come up with something since recent JP Morgan fine... or am I just being cynical.

It's very out of character for you to be cynical..

 

[signature]

Stock market is loving the vaccine news..

When Indices goes up, Gold, CHF and JPY (Risk-off currencies) goes down, also USD goes down but not as much as those CHF and JPY. CAD(takes Oil along), AUD and NZD (Risk-On currencies) usually goes up when Indices goes up.
Watch out for retrace because of the big move, expecting a USD bullish shortly

 

[JMI]

It's all utter bullshit as the fundamentals all remain the same with or without Trump - QE to infinity, many SMEs crushed never to return, mass unemployment, whole industry sectors practically wiped out this is just a short term buying opportunity during a bit of Biden hype.

Someone sent me this today, he just nails what a debacle this all is..

If the government won't listen to a professor who is the director of the University of Oxford's Centre for Evidence-Based Medicine then...

..god help us all

 

[signature]

The whole essence of trading/investment is to understand the situation and make informed decisions on what to trade or invest in. I won't say its all bullshit, if I do or if we all do, how do one makes money from the market.

I do agree with your statements about QE, I also have issues US Feds buying stocks and allowing companies to buy back their own stocks.

It does not matter what the fundamentals are or how good the technicals, nothing is guarantee hence we trade or invest on probabilities.

I am a technical trader, I don't trade the news at all and I don't hold any stocks, I look for opportunities in the market and I trade, like millions of other traders.

So, its not all bullshit..

 

[newguy]

I've been fortunate again. I got out of my Vanguard index funds on account that the stock market seas have felt rather choppy of late! I left my Lifetime ISA shares in William Hill and GVC though, as they've been performing well over the months. Last week William Hill received a boost when they were chosen to become ESPN's exclusive daily fantasy sports provider and sportsbook provider in the states. And today shares were up 43% on news of buyout offers from Caesars and Apollo . GVC now up 50% since I bought, and William Hill 240%!

I ended up selling my William Hill shares since they're fairly static due to the impending takeover. I moved the money into another betting group, Flutter, and they're currently up 15%. My GVC (now Entain PLC) shares are currently up 70%, so it's good news on that front.

I did make a significant misstep with my Vanguard funds though.. I got cold feet and took the money out just prior to the major upturn over the past few months. I didn't lose money as such, just missed out on something I shouldn't let ride out. In future I'll just leave it longterm (which was my original intention anyway - we live and learn!).

 

[Murray]

/r/wallstreetbets really have these naked short sellers by the nuts hey

 

[Paullas]

I have read the this thread and this is something i am interested in this year. Can anyone recommend best platforms to use and where to research.

I will be a newbie and know all the risks but looking at this as a past time learning curve.

 

[platey]

I don't know anything about stocks, now seems a good time to learn sat at home

Do you see any big opportunities atm from things tanking? short or long term

Are there airlines that are too big to fail? cruise ship companies? that would be worth buying stocks to sit on for a few years

What platforms do you guys use/suggest to do your trades?

Any recommendation on things to read/videos to watch?

Thanks

type

day trading

in to youtube and youll see some great day traders showing you how to day trade etc i day trade and swing trade options on the stocknarket and am currently day trading the stockmarket whilst typing this post