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@Londoner7 - Brill recommendations. thank you!
Many get caught out by the unscrupulous posters on AIM shares looking to pump and dump a stock unfortunately.
SolarSteve, you ask about book recommendations.
As you can imagine there is no shortage of books on the subject. There is of course the classic, Benjamin Graham, The Intelligent Investor. Which covers, value and long term investing. Always relevant.
But for a lighter and I think more enjoyable read I suggest 'The Art of Execution: How the world's best investors get it wrong and still make millions in the markets'. It describes the mindset of a investor when an investment hasn't gone to plan. Cut your loss, or average down? A thought process considered by every investor who's made more than a couple of trades.
At a macro level I've just bought 'The Long Good Buy' by Peter Oppenheimer. Analysing cycles in markets - timely.
Then there are books that develop an investors attitude to investing. A couple of recent favourites of mine are, 'The Joys of Compounding - The passionate pursuit of lifelong learning', and 'Fact Fullness - Ten reasons we're wrong about the world - and why things are better than you think', a good one for troubling times.
Good luck with your investments.
Thanks Londoner. Seems good advice. Still less than 12 months into my investing journey. Started out in the bright lights of huge % increases in AIM. Ha! Learned some stuff there I tell you!
Out of AIM and never to return. Got spiked off the back of euphoric comments on BBS more than once, like you say. As of today, I have managed to recoup all of my losses via 100 & 250 stocks. This is where I will stay now.
I’m 40 and run my own businesses, so can tolerate some risk. Now I have recoloured my losses through a tiny bit of trading and lots of buying last week for rises this week, I need to change focus to banking some profit.
I can do a small amount of trading, but my main focus will be longer term investing I think. I want to skim some profits and invest in the next stock that attracts my interest.
Any specific books you can recommend?
Thanks Londoner. You seem very clued up. On google there was a drop into the 70s for a minute or 2. Is that to trigger stop losses for more shares?. Anyone
I said, 'Trading - beginners normally start here,'
I mean to say, that is what beginners normally do. They shouldn't, but they can't help themselves. There are very few good traders. Those that are good don't talk about it on BBs. The rest eventually move towards longer term holdings.
"So if anyone can give me a few tips, I’d appreciate that."
Buy a book. Preferably, buy several. Consider you preferred strategy. Trading - beginners normally start here, long term investment, or macro considerations.
These BBs sometimes offer insight into the activities of a company. Also, useful for getting a heads up on associated news items.
But there is a lot of noise. Ask yourself why some posters feel the need to inform you of their trades. Should you care? Make use of the filter function.
A few on here were telling me my 67p average was too high? Not everyone wants instant success. Some can sit tight.
I made my biggest investment into the market on Friday, throwing £6k into mainly travel stocks.
Now I just need to learn how and when to pull profits at a time like this when everything g is rising. So if anyone can give me a few tips, I’d appreciate that.