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Stock Exchange Thread

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Thork

Stock Exchange Thread
« on: February 09, 2013, 03:40:37 PM »
Ok, so I realise this may be incredibly boring to many of you, but with the Bank of England on a mission to annihilate our currency, there doesn't seem much point in having savings in the bank. They will be inflated to nothing. So I'm going to play the stock exchange. Now, I'm a beginner so I'm just going to play the commodities to start until I understand a bit more. So On Monday I'm gonna buy some metal. I think gold is about to have a drop in price.



On the right (ie now) the blue Bolinger bands have come inside the keltner channels (red) and this indicates the 'squeeze'. There will be an explosive movement as the Bolinger's just came back outside. The histogram at the bottom is a momentum indicator and is now red suggesting the price will drop. So if I was trading, I'd sell short. But anyway, That should make it cheaper when I think about buying something on Monday. I'm thinking of waiting for silver or getting all 'bearish' on it. Ie short selling.


The general trend is down. I think it may fall as low as $26.50 (The purple horizontal line), where the price will find 'support' and then likely go back up again.

I'm gonna leave silver for a bit.

So, does anyone else have any interest in this or even understand it? I'm busy learning so wondered if anyone else had any experience.
« Last Edit: February 09, 2013, 03:42:19 PM by Thork »
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Dinosaur Neil

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Re: Stock Exchange Thread
« Reply #1 on: February 09, 2013, 04:06:02 PM »
Are you investing short term or long term? Do remember that the big crashes and fluctuations are often caused by people chasing a short term profit, and they create opportunities for the long term investor. For example, the best time to buy is when the value has plummeted because all the short-term sheep are selling as they want to minimise losses. If you're prepared to wait a year or two, maybe even five or ten, then the value will climb, and all the stock you bought when everyone else was panic selling at ridiculously low prices will net you a handsome profit. The quicker you want a return on your investment, the more of a gamble it becomes. You are also wise to invest in something which demand will never drop to zero for, such as gold in your example.
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Thork

Re: Stock Exchange Thread
« Reply #2 on: February 09, 2013, 04:54:03 PM »
I want to do a bit of both. Start with the stable stuff and keep some money in there, but use a bit of pocket money to play the markets too as I get better.
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nate5700

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Re: Stock Exchange Thread
« Reply #3 on: February 09, 2013, 05:28:40 PM »
Quote from: Thork on February 09, 2013, 04:54:03 PM
I want to do a bit of both. Start with the stable stuff and keep some money in there, but use a bit of pocket money to play the markets too as I get better.

Well for long-term stuff it has always seemed to me that bear markets are the best time to buy. It's like it's on sale that way. Buy low sell high, right?

I've also sort of thought that a counter-conventional strategy would work. If something's on a downward trend, keep buying the whole way down. Then gradually sell off as it comes back up, and you come out ahead. But this assumes that you're working with a stable security that fluctuates cyclically. Something riskier the bottom could fall out while you're buying low. Then you just have some paper that you bought.

I don't know how the real estate market is over there in the UK, but over here when the market got close to the bottom I bought a house. I'm not suggesting real estate speculation is going to be your best bet, but I got a place to live with a good interest rate on my mortgage, and if I wake up tomorrow and Dollars are worthless, I still have a house, which is something useful to me. So if you're worried about currency maintaining its value, find areas where you can apply that principle.
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iwanttobelieve

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Re: Stock Exchange Thread
« Reply #4 on: February 09, 2013, 07:17:31 PM »
i think the FES should go public.
when it is finally proven the earth is a flat disc, we will all be rich!
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hoppy

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Re: Stock Exchange Thread
« Reply #5 on: February 09, 2013, 10:26:33 PM »
Thork, watch out for trading silver. That sob can move 5-10 thousand dollars a day on one commodity contract, possibly even more. I used trade commodities for about a year. I made a couple of hundred trading #11 sugar, my next trade I made over 20,000 trading soy beans. I traded interest rates, US dollar, beans, wheat, corn, fcoj, lumber, and other ones I can't remember. I pissed back almost the whole 20g's.
 You have got to have money to even get started in there, I hope you have been studying the markets for a good while, in 1 specific contract. Don't put money in there that you may need at some point, make sure it is all risk capital.
   I hope your kidding about trading.
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Parsifal

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Re: Stock Exchange Thread
« Reply #6 on: February 09, 2013, 11:34:42 PM »
I've always found a good honest day's work is the best way to acquire money. You're 100% guaranteed to receive all of your net pay, and it's not subject to fluctuate wildly in value unless you live in a country with a retarded inflation rate.
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Lorddave

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Re: Stock Exchange Thread
« Reply #7 on: February 09, 2013, 11:40:40 PM »
Oil is always big and is likely to jump in price shortly.
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Rushy

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Re: Stock Exchange Thread
« Reply #8 on: February 10, 2013, 10:59:00 AM »
What a cute little thread we have here.
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The Knowledge

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Re: Stock Exchange Thread
« Reply #9 on: February 10, 2013, 11:13:15 AM »
Quote from: Parsifal on February 09, 2013, 11:34:42 PM
I've always found a good honest day's work is the best way to acquire money.

Which is why the Working Class of any country are always the poorest of those who are employed.
Personally, I think snake oil sales will make a good profit - it worked for Rowbotham.
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Saddam Hussein

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Re: Stock Exchange Thread
« Reply #10 on: February 10, 2013, 06:15:20 PM »
Quote from: hoppy on February 09, 2013, 10:26:33 PM
Thork, watch out for trading silver. That sob can move 5-10 thousand dollars a day on one commodity contract, possibly even more. I used trade commodities for about a year. I made a couple of hundred trading #11 sugar, my next trade I made over 20,000 trading soy beans. I traded interest rates, US dollar, beans, wheat, corn, fcoj, lumber, and other ones I can't remember. I pissed back almost the whole 20g's.
 You have got to have money to even get started in there, I hope you have been studying the markets for a good while, in 1 specific contract. Don't put money in there that you may need at some point, make sure it is all risk capital.
   I hope your kidding about trading.

I totally believe this.
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Dinosaur Neil

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Re: Stock Exchange Thread
« Reply #11 on: February 11, 2013, 10:40:53 AM »
How do you trade interest rates, hoppy?  ???
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iwanttobelieve

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Re: Stock Exchange Thread
« Reply #12 on: February 11, 2013, 03:26:39 PM »
since the stock exchange is controlled by the conspiracy (NASA) i do not participate.
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Saddam Hussein

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Re: Stock Exchange Thread
« Reply #13 on: February 11, 2013, 04:26:38 PM »
Quote from: Rushy on February 10, 2013, 10:59:00 AM
What a cute little thread we have here.

Tell me more.
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sokarul

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Re: Stock Exchange Thread
« Reply #14 on: February 12, 2013, 03:52:22 PM »
I don't wan tot help you but silver is not going to $26. I don't know why you would want to trade paper gold or silver.  Just stick with the real metal. Gold and silver will not make you rich in the short run. They are to protect against inflation in the long run. 

Since I like you so much might I suggest investing in frozen concentrated orange juice. 
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Dinosaur Neil

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Re: Stock Exchange Thread
« Reply #15 on: February 12, 2013, 04:00:13 PM »
Quote from: sokarul on February 12, 2013, 03:52:22 PM
I don't wan tot help you but silver is not going to $26. I don't know why you would want to trade paper gold or silver.  Just stick with the real metal. Gold and silver will not make you rich in the short run. They are to protect against inflation in the long run. 

Since I like you so much might I suggest investing in frozen concentrated orange juice.

Someone's been watching a certain movie, haven't they?
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Quote from: John Davis on December 20, 2017, 11:04:01 AM
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sokarul

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Re: Stock Exchange Thread
« Reply #16 on: February 14, 2013, 08:14:35 PM »
Did you short silver? 90 million ounces of paper silver were dropped on the market.

Quote from: Dinosaur Neil on February 12, 2013, 04:00:13 PM
Someone's been watching a certain movie, haven't they?

Watched it long ago.
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Quote from: Shifter on July 05, 2020, 09:53:30 AM
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markjo

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Re: Stock Exchange Thread
« Reply #17 on: February 14, 2013, 08:32:40 PM »
The easiest way to make a small fortune on the stock market is to start with a large fortune.
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