A sharemarket question

[Sextus]

There was thread entitled "Bank stocks - how high can they go?" And there were a lot of contributions to the thread regarding the sharemarket.

There are quite a few gamblers here too, if the popularity of "travelmate's winning tips" means anything.

The flip side of punting is money - and as altgourami's 2013 diary tells us that really adds up.

Many have mentioned here using the tips they have got from Travelmate to enjoy extravagent punting outings.

The sharemarket too, is merely informed gambling, but it is something that I think is easier to understand than travelmate's tips on, say, American basketball teams I've never heard of (where does he get this apparently successful information from?)

I think, after being forced to observe the sharemarket closely in the years since the gfc crash, that I have developed an instinct for it. Not for picking companies and so forth, but just for that waggly line that travels up and down like a rollercoaster. You zoom in on that line and it looks like a mini-rollercoaster - you zoom out on it, and it resembles a big rollercoaster. At all times though, it remains a rollercoaster, big and little.

I'm no good at the big rollercoaster, but I have devleoped an instinct for the mini-rollercoaster. For example, after yesterday's rise, I KNEW today it would drop by at least half a percent. Not just yesterday, but I've made notes for the past year of all the times I thought these mini-dips and mini-rises would occur. And if I had been getting in and out of the sharemarket based on this, I would be well ahead.

It is all very well to earn money through your work, and I do, but unless you are on quite a high wage, it is a mug's game to rely on just that to get ahead. Investments are the only thing that enables that for you. The only way to make proper money, for most of us, is NOT to work for it.

Trying to research things on the web is just too hard. No matter how many times I try to type in my exact requirements into google I end up with volumes of irrelevant data and I give up. But meanwhile I keep picking the little dips and little rises in the sharemarket index and it is PISSING ME OFF.

So can any of you gurus point me to some precisely named and accessible systems where, with a few strokes on the keyboard here at home, I can get in and out of the sharemarket at my own whim and with a few minutes notice?

I promise, in return, to expand my punting horizons and post them here with the unearned earnings I am sure I will make. Because working for a living is a mug's game.

[action_hunter]

Sextus can't help what your after but I thought I would add my two cents to the topic.

Like you said it is form of gambling, which you still need to be careful with. I.e like punting only spend what you are comfortable to lose (in cash), the Same applies to the share market.

You must be lucky to have the time to monitor the small ups and downs in the market, unless you are doing this with thousands I cannot see the large benefits of it.

I have heard of people Doing this from home using their equity in there property only to be forced to sell the shares below the cost they bought them to repay the loan.

All I am saying is be careful, and only attempt this if you have the time regularly to continue to
Monitor it.

Having held some shares for some time and occasionally topping them up for additional shares, I have seen them grow and fail over the past 10 years or so. However it is a safe bet with the RIGHT balance of shares in blue chip companies they basically double every 7 years.

However I would like to know if anyone has any info on companies developing products which would see there shares increase I.e double over a couple of months??

[AHLUNGOR]

Lots of people were saying bank stocks or mining stocks are good.

I have a personal favourite : CSL

It's a pharmaceutical company, it's share price went from $33/$34 two years ago to now closing @$61.69! And paid nearly $1.00 dividends last 12 months.

If it drops below $60. Time to stock up

Just my 36 cents

Cheers

[jellyshots]

There was thread entitled "Bank stocks - how high can they go?" And there were a lot of contributions to the thread regarding the sharemarket.

There are quite a few gamblers here too, if the popularity of "travelmate's winning tips" means anything.

The flip side of punting is money - and as altgourami's 2013 diary tells us that really adds up.

Many have mentioned here using the tips they have got from Travelmate to enjoy extravagent punting outings.

The sharemarket too, is merely informed gambling, but it is something that I think is easier to understand than travelmate's tips on, say, American basketball teams I've never heard of (where does he get this apparently successful information from?)

I think, after being forced to observe the sharemarket closely in the years since the gfc crash, that I have developed an instinct for it. Not for picking companies and so forth, but just for that waggly line that travels up and down like a rollercoaster. You zoom in on that line and it looks like a mini-rollercoaster - you zoom out on it, and it resembles a big rollercoaster. At all times though, it remains a rollercoaster, big and little.

I'm no good at the big rollercoaster, but I have devleoped an instinct for the mini-rollercoaster. For example, after yesterday's rise, I KNEW today it would drop by at least half a percent. Not just yesterday, but I've made notes for the past year of all the times I thought these mini-dips and mini-rises would occur. And if I had been getting in and out of the sharemarket based on this, I would be well ahead.

It is all very well to earn money through your work, and I do, but unless you are on quite a high wage, it is a mug's game to rely on just that to get ahead. Investments are the only thing that enables that for you. The only way to make proper money, for most of us, is NOT to work for it.

Trying to research things on the web is just too hard. No matter how many times I try to type in my exact requirements into google I end up with volumes of irrelevant data and I give up. But meanwhile I keep picking the little dips and little rises in the sharemarket index and it is PISSING ME OFF.

So can any of you gurus point me to some precisely named and accessible systems where, with a few strokes on the keyboard here at home, I can get in and out of the sharemarket at my own whim and with a few minutes notice?

I promise, in return, to expand my punting horizons and post them here with the unearned earnings I am sure I will make. Because working for a living is a mug's game.

A good mate I mine is working on some software that lets you get into the stock market. I'll ask him if he would like more testers for his software then send you a link via PM.

[tpol]

My SIsters Friend borrowed of their own property into Margin Stock trading. Pre the GFC, they were rolling in it.

However, they did not get out in time and post GFC, they had doubled their mortgage to $800k.
Lucky they are both Doctors

[Sextus]

A good mate I mine is working on some software that lets you get into the stock market. I'll ask him if he would like more testers for his software then send you a link via PM.

Thanks Jellyshots. I'm already in the sharemarket, I just want to get in and out of it, the whole lot, day to day. In in the morning, out in the afternoon, that kind of thing. Just the index, I'd find studying companies too dull. You might increase your chances that way, but I'd rather earn less than bore myself.

[Sextus]

I just asked about it here on the forum because all kinds of things get asked, and there was a lot of talk about the market in that other thread.

[Action Pump]

Are you asking about CFD's (contracts for difference)? This allows you to be in and out real quick. Just search for CFD brokers. Once you find a broker you like, they will set you up on something like Metatrader, FXCM etc

[Sextus]

No, nothing fancy or elabourate like that. Just a whole bunch of shares over the index's main companies one minute - whatever the ones are that an index fund invests in - and not a single share in them the next minute, cashed out. But back in the same index in a week or a day later. Done at home, using my keyboard.

I ask the kind of simple questions only a dumby like me is capable of asking!

[Sextus]

...............................................

[Action Pump]

CFD's don't just cover companies. Indices are available too, which is what you're after ie. SPI200, DJ30, CAC40 DAX30, FT100 etc So is Oil, Gold, Silver etc. Or if you're like me, i trade forex

[Sextus]

Yes, an index is what I want, but I don't want complex and sophisticated gambling instruments like cfd's. I do not understand them and I am not interested in trying to understand them.

I just want to own (say) 100,000 units in an index one day, and no units in it the next day, and own 100,000 units in it the day after tomorrow, and sell them again, and so on, depending on that one wiggly rollercoaster line.

Based on the notes I've kept over the past year, I've got this beat!

[CunningLinguist]

Hi Sextus,
You could sign up with any bank/broker and get an account then choose a suitable Indexed Exchange Traded Fund (ETF) and trade that.
Eg. STW: SPDR S&P/ASX 200 Fund

[Sextus]

Thanks cunninglinguist, hopefully I can get a suitable account, but I want to do it from here, from my own keyboard and not have to pay a middle-fucking-man every time I want to act on it.

It is pretty simple after all - in out, in out - just like we do all the time in the fucking brothels, and I don't need no cuntin' broker creaming off shit for doing nothing that I can't do myself.

[CunningLinguist]

Thanks cunninglinguist, hopefully I can get a suitable account, but I want to do it from here, from my own keyboard and not have to pay a middle-fucking-man every time I want to act on it.

It is pretty simple after all - in out, in out - just like we do all the time in the fucking brothels, and I don't need no cuntin' broker creaming off shit for doing nothing that I can't do myself.

You will be able to do it from your own k/b.
Banks etc have various packages to allow you to trade for a fairly small overhead these days, it's not free to trade though.

[Sextus]

You will be able to do it from your own k/b.
Banks etc have various packages to allow you to trade for a fairly small overhead these days, it's not free to trade though.

I don't mind if it is a flat fee to trade, $30 or something. It is just when they try on - charge - a percentage of your total trade that it is bullshit. For example, 1% on 50k. Like it needs more electricity or computer power because there is a zero or two more in the trade. What a total ripoff.

[hikhik]

There are a number of very good online systems that you can use to trade both shares and options. These systems are accessed over the Internet using your web browser. I have been a long time user of E-Trade (www.etrade.com.au). Registering an account is easy, and includes creating a trading bank account. The etrade system provides lts of information as well. You can pull up charts of they"rollercoaster" for any stock and then add comparisons to indexes in order to gauge performance. Lots of recommendations are also available, such as the top stocks trading today, or some experts opinions.

Just a word of warning about trading in general. I guarantee that any pattern you believe you have identified, will one day change. If it was so easy, we'd all be millionaires.

That said, best of luck and feed us your winners.

[jellyshots]

There are a number of very good online systems that you can use to trade both shares and options. These systems are accessed over the Internet using your web browser. I have been a long time user of E-Trade (www.etrade.com.au (http://www.etrade.com.au)). Registering an account is easy, and includes creating a trading bank account. The etrade system provides lts of information as well. You can pull up charts of they"rollercoaster" for any stock and then add comparisons to indexes in order to gauge performance. Lots of recommendations are also available, such as the top stocks trading today, or some experts opinions.

Just a word of warning about trading in general. I guarantee that any pattern you believe you have identified, will one day change. If it was so easy, we'd all be millionaires.

That said, best of luck and feed us your winners.

Thanks hikhik, I've dabbled but mainly with brokers who do charge a percentage of the fees. Sextus, definitely looking forward to some recommendations. One recommendation I had some good success with was Metcash shares.