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Paul_J

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Registered: 6th Jun 02
Location: London
User status: Offline

12th Apr 05 at 19:11

We had a competition at school for business studies - that everyone had 100 quid virtual money to play on the stock market...

Quite a few people made a loss, some made a profit of like 10 quid.

I turned my 100 pounds into 206 pounds in about 3 months.

106 pounds profit might not sound like much to people but I basically doubled my money - so If I had started with 10,000 I'd have ended up with 20k

I've been tempted to do it since, but don't wanna gamble my money - it's all luck really, the stocks could go down, as well as going up and when they're going up you've gotta decide when to sell before they go back down again!

If you do stocks, read the Financial times and things - Get idea's about companies that'll be doing things like mergers in the future etc... Buy stocks well in advanced and then when the merger happens stock prices should rocket - then sell sell sell before they come back down.

I don't suggest buying any stocks in MG / Rover

Paul_J

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Registered: 6th Jun 02
Location: London
User status: Offline

12th Apr 05 at 19:13

Yahoo messenger had a built in Stock Tracker too - so it gave you live output of what the stock prices were and whether they were going up or down - in real time all the time!

Was good to have on your desktop.

sigibbons

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Registered: 10th Feb 04
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12th Apr 05 at 19:13

Paul i know this sounds like a stupid question but how would i actually buy shares?

Colin

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Registered: 4th Apr 02
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12th Apr 05 at 19:17

Phone a trader, I use a company called Stock Trade!

Tiger

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Registered: 12th Jun 01
Location: Leicestershire Drives:Astra VXR
User status: Offline

12th Apr 05 at 19:26

http://www.iii.co.uk/sharedealing/?type=steps

Good step by step guide to this particular share company, looks very easy indeed.

sigibbons

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Registered: 10th Feb 04
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12th Apr 05 at 19:35

yeah that seems good tiger. Hmm i wonder what id buy shares in though, and fuel company sounds good as its not likely to decrease as the demand of oil is growing.

ali_kerr_86

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Registered: 12th Apr 04
Location: stirling, scotland
User status: Offline

12th Apr 05 at 19:41

online gambling my mate won £1300 at the start of the year

Paul_J

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Registered: 6th Jun 02
Location: London
User status: Offline

12th Apr 05 at 19:43

quote:
Originally posted by sigibbons
yeah that seems good tiger. Hmm i wonder what id buy shares in though, and fuel company sounds good as its not likely to decrease as the demand of oil is growing.

You need to do research first!

Pointless buying shares in most big companies in my opinion - as they'll be fucking expensive! so if they go up you may only make 2% profit or whatever!

Where as a new company up and coming - about to float itself on the market or doing a merger - will be cheap to start with and will rocket up!

Just more risky imo - hence why I say research with Financial times and on the net!

sigibbons

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Registered: 10th Feb 04
User status: Offline

12th Apr 05 at 19:50

but how would anyone know just by researching whether a company is about to rocket, whats like the minimum amount of monet that would be worth buying shares with £250?

koolkorsa

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Registered: 15th Jun 03
User status: Offline

12th Apr 05 at 19:51

Setting up an account now, going to start with £500 and see how it goes.

Paul_J

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Registered: 6th Jun 02
Location: London
User status: Offline

12th Apr 05 at 19:53

http://www.gappingstocksrus.com/

Dom

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Registered: 13th Sep 03
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12th Apr 05 at 19:53

NTL and Telewest will merge soon, but when i say soon i mean this year - just a hint for anyone thinking about shares

Paul_J

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Registered: 6th Jun 02
Location: London
User status: Offline

12th Apr 05 at 19:53

http://messages.yahoo.com/bbs?.mm=FNNS&action=topics&board=4686679&type=r&sid=4686679

Paul_J

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Registered: 6th Jun 02
Location: London
User status: Offline

12th Apr 05 at 19:54

http://stockcharts.com/index.html

Paul_J

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Registered: 6th Jun 02
Location: London
User status: Offline

12th Apr 05 at 19:58

http://uk.finance.yahoo.com/q?s=NTLI

this is the problem with companies like NTL - $67 per share!!! you need a big budget to buy a lot - thus to make any profit

if it goes up to $68 ... that's $1 gain per share you have... so if you only have 100 shares - you only make $100

hence it's good to find cheaper up coming companies.

sigibbons

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Registered: 10th Feb 04
User status: Offline

12th Apr 05 at 20:02

But with everyday companys that arent yet on the map yet how would you buy shares with them as there not listed on share tradering websites.

pauls corsa

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Registered: 26th Feb 05
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12th Apr 05 at 20:14

i have made more than £600 in 2 weeks by selling 2 cars

koolkorsa

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Registered: 15th Jun 03
User status: Offline

12th Apr 05 at 20:21

yer cars is a nice easy way to make money. But the problem i see - is driving them from the auctions without tax, insurance. Storing them without tax. Also slight risk the car will be fcuk up. Also could get stolen when uninsured.

sigibbons

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Registered: 10th Feb 04
User status: Offline

12th Apr 05 at 20:28

But with cars your not really going to end up making more than a few hundred at a time where as if you go into stocks it could be thousaunds if your lucky.

pauls corsa

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Registered: 26th Feb 05
User status: Offline

12th Apr 05 at 20:35

quote:
Originally posted by koolkorsa
yer cars is a nice easy way to make money. But the problem i see - is driving them from the auctions without tax, insurance. Storing them without tax. Also slight risk the car will be fcuk up. Also could get stolen when uninsured.

i dont buy from auctions i find most of my cars on the internet before they go into the papers they all have mot/tax or i wont go near them as for getting them home get a car dolly

greycorsa

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Registered: 12th Jan 03
User status: Offline

12th Apr 05 at 20:37

with shares, they always go up and down every 15 min intervals. Can you not buy them in the morning, if they go up at nay time in the day, over the price you bought them for, sell sell sell. you might make £20. but do that with say a dozen companies, every day. £20 profit from each company, every day, could earn loads. what do u rekcon people?? ive had this idea for ages, just too scared to try it !!!

Carl

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Registered: 9th May 04
Location: Jimmy Bennett's la la land.
User status: Offline

12th Apr 05 at 20:44

quote:
Originally posted by greycorsa
with shares, they always go up and down every 15 min intervals. Can you not buy them in the morning, if they go up at nay time in the day, over the price you bought them for, sell sell sell. you might make £20. but do that with say a dozen companies, every day. £20 profit from each company, every day, could earn loads. what do u rekcon people?? ive had this idea for ages, just too scared to try it !!!

you have to remember that is it was that easy everyone would be doing it!

Ben

Banned

Registered: 12th Jan 03
Location: West Yorkshire
User status: Offline

12th Apr 05 at 20:47

i just buy and sell things , anything i can earn a profit , i were selling kitchen units a while back , you might think wtf , but i were paying £5 a unit and selling them cheap at £15 , i work in building trade and shifted 100+units in a month .

then before that i bought 100 sony slim line cds players for £25 each , and sold about 30 of them for £50 and the rest for £45. i sold them all in a week.

then before that a mate were getting projectors , he wanted £300 each , i sold 5 for him at £500 each . i only gave them his mobile number , 1k for giving a phone number out aint bad going.

last year i got hold of 10 panasonic gd87s , bought them at £30 each and sold them for £100 , got shut of them in about 3 days.

its just about risks , but theres ALWAYS someone out there who wants what you got , its just how good you are at selling to how fast you shift it

Ben

Banned

Registered: 12th Jan 03
Location: West Yorkshire
User status: Offline

12th Apr 05 at 20:50

oh and at xmas i bout 40 santa hats for £1 each , i sold them all to my local landlord for £4 each

greycorsa

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Registered: 12th Jan 03
User status: Offline

12th Apr 05 at 21:20

quote:
Originally posted by CrazyCarlo

quote:
Originally posted by greycorsa
with shares, they always go up and down every 15 min intervals. Can you not buy them in the morning, if they go up at nay time in the day, over the price you bought them for, sell sell sell. you might make £20. but do that with say a dozen companies, every day. £20 profit from each company, every day, could earn loads. what do u rekcon people?? ive had this idea for ages, just too scared to try it !!!

you have to remember that is it was that easy everyone would be doing it!

i take it its not possible then ?

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