Jump to content
  • 0

Sorry Fresh Newbie here - Buying Shares


Guest Davidosantos

Question

Guest Davidosantos

Probably a very stupid question (first time trading) I wanted to buy 2 shares in a company (stock price 350) I'm assuming this ends up being £700 total right? When I go to buy the shares on Quote, it says 'minimum consideration is £90'. Am I missing something here?

Link to comment

3 answers to this question

Recommended Posts

Guest PandaFace

Stock in the uk? It’s probably based in pence so 350 means £3.50. You should have the option to select the amount of money you want to invest rather than the number of shares to buy and it’ll work out the most you can for that set amount.

 

Let us know

Link to comment
Guest Davidosantos

Wow! As you can see, first time buyer with a real dumb question - that makes sense now - thanks for that.

So for US companies like Apple, it has its share price at 189 - is this $189.00 per share? Or cents?

Link to comment
Guest PandaFace

So American shares are actually quoted in USD. And European shares are in EUR. However you can sometimes get UK shares listed in EUR or USD as well and also listed in pounds rather than Pence so It’s a little hard to get to grips with.

 

You can always use the ‘get quote’ button to give an indication without actually accepting the deal to get an understand if you don’t know. Also check google finance at the top it says if it’s GBP or GBp (£ Vs p) or in any other currency :)

Link to comment

Archived

This topic is now archived and is closed to further replies.

  • General Statistics

    • Total Topics
      22,155
    • Total Posts
      93,063
    • Total Members
      42,554
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    grantchingyu
    Joined 09/06/23 03:06
  • Posts

    • Elliott Wave Analysis TradingLounge Daily Chart, 9 June 23,   Ripple/U.S.dollar(XRPUSD) XRPUSD Elliott Wave Technical Analysis  Function: Follow Trend Mode: Motive Structure: Impulse Position: Wave 5 Direction Next higher Degrees: wave (1) of Motive Details: Wave 5 is usually equal to .618 multiplied Length of wave 1 through wave 3 Wave Cancel invalid level: 0.41001 Ripple/U.S.dollar(XRPUSD)Trading Strategy: Ripple is still in an uptrend. But it was in a phase of correction in wave 4 before rising again in wave 5, in line with price being above the MA200 line, showing a strong uptrend. But even so, we need more information to identify wave 4 patterns to determine readiness for rising wave 5, wait for wave 4 to finish. Ripple/U.S.dollar(XRPUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator has a Bullish momentum. TradingLounge Analyst: Kittiampon Somboonsod, CEWA Source : Tradinglounge.com get trial here!   Elliott Wave Analysis TradingLounge 4H Chart, 9 June 23,   Ripple/U.S.dollar(XRPUSD) XRPUSD Elliott Wave Technical Analysis  Function: Follow Trend Mode: Motive Structure: Impulse Position: Wave 5 Direction Next higher Degrees: wave (1) of Motive Details: Wave 5 is usually equal to .618 multiplied Length of wave 1 through wave 3 Wave Cancel invalid level: 0.41001 Ripple/U.S.dollar(XRPUSD)Trading Strategy: Ripple is still in an uptrend. But it was in a phase of correction in wave 4 before rising again in wave 5, in line with price being above the MA200 line, showing a strong uptrend. But even so, we need more information to identify wave 4 patterns to determine readiness for rising wave 5, wait for wave 4 to finish. Ripple/U.S.dollar(XRPUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator has a Bullish momentum.
    • This is a great answer... Oddly, this is the process i went through and "Trailing" wasn't an option. After looking again, it is now there and working. Thank you.
    • Charting the Markets: 08 June Brent crude oil, silver and copper capped by resistance in low volatile trading. EUR/USD range bound while USD/CAD and AUD/CAD remain bearish post BoC rate hike. And levels to watch. Shaun Murison | Senior Market Analyst, Johannesburg | Publication date: Thursday 08 June 2023             This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.  
×
×
  • Create New...