Sure fire way to make money on the Stock Exchange

sjr4x4 · #1 (**permalink**) 11-08-11, 11:44 AM

If you want to buy shares and see a return, just do the opposite to me and you'll be on a winner

Currently watching Royal Bank of Scotland and LLoyds going through the floor...

any other part time share dabblers out there?

CareersPartnershipUK · #2 (**permalink**) 11-08-11, 01:40 PM

... but the only way [it can go now] is up! Fast forward a few months and you'll be feeling rich again, Steve!

sjr4x4 · #3 (**permalink**) 11-08-11, 03:37 PM

Quote:

Originally Posted by CareersPartnershipUK

... but the only way [it can go now] is up! Fast forward a few months and you'll be feeling rich again, Steve!

lol, been saying that since 2008

Must admit, RBS and Lloyds really are a bargain again at the moment, may take a few years, but they will crawl back up.

Just everytime I think they have reached the bottom and buy some, they go down a bit more

I think I'm cursed!

Won't be giving the day job up for some time yet

NeilHarries · #4 (**permalink**) 11-08-11, 09:16 PM

Hmm 2008.. I remember it well.... Northern Rock, Woolworths and Bradford and Bingley, all seemed a bargain to me at the time! They should make you undertake a breath test before using your online trading account!

sjr4x4 · #5 (**permalink**) 11-08-11, 10:04 PM

Quote:

Originally Posted by NeilHarries

Hmm 2008.. I remember it well.... Northern Rock, Woolworths and Bradford and Bingley, all seemed a bargain to me at the time! They should make you undertake a breath test before using your online trading account!

lol good point.

Were some sweet spots though in '08. RBS at 13p was a good one, then plenty of day trading as it repeatedly bounced back and forth from 20's, 30's and 40's

It was almost an ongoing pattern till a few months ago, then misjudged and been chasing it down ever since... Lord giveth, Lord taketh away

highlandspring · #6 (**permalink**) 14-08-11, 02:30 PM

Have you tried traded options? You can buy "puts" and sell them again if the shares move lower.

I used to trade Vodaphone on a daily basis and did pretty well, but I stopped when I set up my own business as I didn't have a regular income to fall back on.

Wish I had the guts to do it again. LOL - or maybe best that I don't

sjr4x4 · #7 (**permalink**) 14-08-11, 11:57 PM

Quote:

Originally Posted by highlandspring

Have you tried traded options? You can buy "puts" and sell them again if the shares move lower.

Options (at least to me) always seemed a bit complicated, just liked the simplicity of buying and selling.

I'm no Nick Leeson, just a part time amateur that likes an occasional punt

Used to play a few years ago, but only got back into it during the 08 crash. I don't think we'll ever see markets like this for a long time.

I doubt the banks will get upto their pre 08 prices, but with RBS currently less than 27p, you should see 50p sometime in the next 12 months, and it's been there a couple of times already in the last 12 months, just misjudged the last one.. dohhh..

I think Lloyds is a better long term bet, and for less than 34p, got to be worth a punt

Go on, have a dabble

sjr4x4 · #8 (**permalink**) 27-10-11, 09:50 AM

So I know Barneys having a flutter:

Quote:

Originally Posted by Barney

I'll wait till May until RBS shares go through the roof and get 100% return or so I've been led to believe lol

Oh yes, 50p in May, (or sooner would be nice!)

RBS, Lloyds and in fact most banking stock has been a roller coaster ride since late 2008, enabling us little people to get involved after the crash of the markets.

The last 60 days have seen RBS and Lloyds swinging backwards and forwards, enabling easy 10% gains, this morning has seen more than a 7% increase since yesterday, as the markets cling for the slightest bit of good news.

So are there any more wannabe Gecko's out there? Or are the markets seen as too risky?

Barney · #9 (**permalink**) 24-11-11, 08:48 PM

Bet you loved reading this then.....
Time to slap everything you've got hidden under the mattress in RBS

sjr4x4 · #10 (**permalink**) 24-11-11, 10:21 PM

lol (that's a manic laugh)

Sold at 27, then panicked, bought back in at 26p, 2 weeks later it's 17p....

Telling you, if you want to be rich, just do the exact opposite of me, I have a gift

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