dmedin

Dividends? I doubt that the FTSE 100 counts as a 'broadly diversified' portfolio in anyone's books Never the less, can you demonstrate (backed up with figures and facts) a better strategy over the long term for a retail investor?

Just as the stock market is crapping in the bed, Reuters publishes this https://uk.reuters.com/article/uk-oil-prices-kemp/column-hedge-funds-pile-into-petroleum-on-rosier-economic-outlook-idUKKBN1Y71SQ

I'm sure there are lots of websites out there willing to sell that information! Don't forget that this is all so much more important than hospitals, good public transport and crime-free streets! Vote BoJo

Surely the highlighted portion was the top, look at how large the price decline was?

Surely the August-Sept movement, which was extremely large compared to what came after, was the top?

If it was easy and simple everyone would do it ...

The ******-in-chief gives BoJo the kiss of death: https://uk.reuters.com/article/uk-britain-election-trump/trump-praises-pm-johnson-as-very-capable-ahead-of-election-idUKKBN1Y710I

I like that they don't charge 'custodian' fees like IG do. £24 per quarter for what? As the cannabis fiasco shows, ultimately you don't even have full control over the shares you buy.

Crude price collapsing beneath supposed 'rising trend'. Once again we see algos riding roughshod over the 'technical analysis' (and increasingly it seems that there is nothing technical or analytical about it).

The FTSE is clearing tanking

Look at the huge swings back up almost immediately after each drop. There's algorithmic trading for you. The only lesson I can take away from this is, 'buy and hold' because even the pros can't call the tops or bottoms.

I liked a quote I saw on Reuters yesterday, the market goes up in steps and down on the escalator.

@CharlotteIG It's interesting, some of the FTSE 100 and 250 stocks seem rather volatile just now. Probably best to day trade them and close out positions before 16:30

It effectively costs £16 to trade Greggs - seems like the permanent minimum spread, no matter what. Just not worth it at this stage, until it makes a decisive move one way or the other.

Updated it yesterday. Still seeing message today. Did it again for good measure. Still seeing the message. Starting to get tired of this ... guess I won't be trading U.S. stuff soon anyway.

If it was easy to buy dips and sell rallies everyone would do it. Turns out buying a broadly diversified portfolio and holding on to it is the only chance retail clients have of not losing all their money ... and beating the 2% savings rate. Sad, but true.

Aaaaand ... indices totally shafted today. Hopefully just a little pullback.

https://uk.reuters.com/article/uk-britain-election-poll-icm/johnsons-conservatives-maintain-7-point-lead-over-labour-icm-poll-idUKKBN1Y61KA BoJo needs to release a few more maniacs from the prisons and asylums to whip up the public against Labour. On the other hand, if Labour wins and implements a tolerably Marxist regime we won't need to trade because money won't be so important. One can dream!

Short-term trading is just an absolute disaster for me. Lost hundreds of pounds recently. It's starting to become really harmful.

I'm back to losing big ... nearly time to quit trading, until I see that the best savings accounts in the UK are less than 2%

To be honest I'd much rather hear from people with 'skin in the game' as anyone can sit in front of a graph and say 'if this then this, on the other hand if that then that'.

👍😎

I'm not sure how valuable tick volume really is, if all it reflects is IG client activity. Are most of IG's clients retail and individuals? If so then major moves by big players such as banks and money makers will not be reflected in volume.