Stocks and Shares (1 Viewer)

[MayallMan]

Does anybody dabble in the old Exchange Market? If so what website do you use/recommend?

 

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[rob9872]

I use Imiweb but it depends what you want it for as small trades are expensive for regular short trades although fine for longer trades. I have a friend who uses Halifax (which also now covers Imiweb) and they're supposed to be ok, but I guess most of the high street banks will have an option these days so using your own bank might be the best way as you will have no time-lag on deposits/withdrawals from your share account and no charges like using a credit card.

 

[We'll_live_and_die]

I use Barclays. It's easy to use, but the first 12 transactions are £12 each so if you are only investing £100 or so it can be quite difficult to turn a profit. I'd be looking at long term investments in the construction industry with the likes of Taylor Wimpey being way below their potential at the moment.

 

[hemelsky]

I like Hargreaves Lansdown - a discount stockbroker and much more besides (hl.co.uk).
Only downside is that I think the Lansdown guy is a Brizzol City supporter (possibly a director!)

 

[dutchman]

Share and bond prices have been wildly inflated for as long as I can remember. I wouldn't touch either with a barge pole until after there's been a massive market correction ie: 'crash'.

For short term trades it's easier to use a bookmaker.

 

[Cov City Daytrader 87]

Does anybody dabble in the old Exchange Market? If so what website do you use/recommend?

Are you looking for long-term or short term (swing trading).

There are plenty of stockbrokers out there. How much commissions are you prepared to pay for buying and exiting the trade (excluding stamp duty). Do you want phone or/and online.

As for me I've dealt with the share centre.

http://www.share.com/a/index.html

If you want to compare brokers, then type in some details.

http://www.moneysupermarket.com/shares/CompareSharesForm.asp

If not.

http://www.money.co.uk/share-dealing/all-share-dealing.htm

Oh, other to mention.

http://www.tddirectinvesting.co.uk/

and

http://www.idealing.com

 

[Cov City Daytrader 87]

Share and bond prices have been wildly inflated for as long as I can remember. I wouldn't touch either with a barge pole until after there's been a massive market correction ie: 'crash'.

For short term trades it's easier to use a bookmaker.

You mean spread betting?

 

[MayallMan]

I see it as a long term investment, like buying shares once a month automatically for long periods of time. I already have shares in the company I work for but there automaticly taken out of my salery, so its all all new to me!

 

[Cov City Daytrader 87]

Then go to the first link I've sent and fill in the details and it will give you a comparison.

 

[dutchman]

You mean spread betting?

There many different methods of short term trading with bookmakers including fixed odds and binary betting, which is similar to spread betting

 

[Marty]

Use X-O.co.uk , very cheap at only £5.95 a trade and very easy to use. Can't set limits on it which can be a bit of a pain, but all in all, I like it.

 

[Cov City Daytrader 87]

Can't set limits on it which can be a bit of a pain, but all in all, I like it.

Marty, forgive me for saying this, but personally, I would rather a broker with an on-line platform that can set limits in case I'm not near my computer all the time.

Plus after what's happened to Barclays shares. I rather take a small loss than probably a massive one (damage limitation).

 

[Marty]

Marty, forgive me for saying this, but personally, I would rather a broker with an on-line platform that can set limits in case I'm not near my computer all the time.

Plus after what's happened to Barclays shares. I rather take a small loss than probably a massive one (damage limitation).

I would agree to an extent, I guess it depends what shares you're looking for really.

 

[Cov City Daytrader 87]

Any share big and small companies has the potential to go south massively. Nothing is predictable or fullproof. What investors must do is have an exit plan for if the shares starts falling.

 

[Marty]

Of course... but some are a safer bet then others. As long as you do your research and set realistic time scales then taking a short term loss is no problem at all.