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I would say NRK has hit this a little, but the US is the main cause for UK banking shares to keep falling I think with the credit crunch virago. With the DOW below 13000 today, banking shares could see another day of falls tomorrow.
I lost on these as well, but then I got in to late. Just because Keepitsimple tipped these though, doesn't mean he got it wrong and even if he did, it's not like you are paying him to do your research. I like reading the posts that KeepItSimple writes and the tips that he gives. It helps me in a big way, but just because he tips something or anyone else doesn't mean you should put your money into it. What ever you put your money into, it's down to your own responsibility to do further research yourself. You would be surprised on how many people on BB's that says a share is going to kick of only to buy it and find it's a dead loss because they were just trying to make people buy it so that it can up the price. Forgot what people call that term know. Ramping or something.
I believe this may recover a little from time to time, but don't be to shocked if you see this going below £6 or even £5 eventually. Financials in the UK and US are falling daily now and when they do receover, it's only a partial recovery and they then seem to fall back much further gain to reach new lows. Most banks, if not all in the UK are down today again.
Sold my whole stock in this today. Will look back at buying it when it becomes cheaper.
This is up at 7p now, just over 11% gain so far today.
This is the first fall I think I have seen on this share since I bought it around 1 or 2 weeks ago. Had to see a fall sometime, but it was only 1p, hopefully it will recover tomorrow and hit 31 - 33p.
The trades are rather low on it, although they are buy trades there are not many trades on this share.
I think minors overall were the second worst sector performers today while banks was the best. Hopefully it will be the other way around tomorrow.
Thanks for the great tutorial on everything that I wanted to learn. I now have more knowledge on what to look for and what to not, what to buy into and what to not, etc. Thanks for this, hopefully I will do better on the LSE next week.
Do you pay to use their trading platform or do you just use it for their free information and forums?
That's what I have found with news. It seems to be the news that is getting most of the companies moving quickly that's why I thought you were getting hold of the news before it was realized to most of the market, lol.
So realistically if you are a day trader you have to get in before the spread gets to wide. What about if the sells are higher than the buys, would that open the spread or close it up? Also when there are more buys than sells, no matter on the amount of volume per buy or sell, does that normally help the share price to increase? If it does help the share price and the spread widens, then can you use that to your advantage when looking at that stock if you wanted to do some long term investments? Also do you use a trading platform that you pay for or do you get your information freely? These questions are to KeepItSimple. There should be no more questions after this one
With riskgrades, if you wanted to invest wisely so that you can get a good return over the long term then wouldn't you want to go for the low risk stocks, but if you were a day trader wouldn't you want to go for the higher riskgraded stocks as you would then purchase the higher risk ones when they have bottomed and then they are more likely to go up quickly again or not really what you want, but drop even lower? This is a question to KeepitSimple.
That's quite a spread. Normally the smaller the spread the better I would say. Don't take my word for it though as I'm also quite new to this, but learning all the time. With the spread above you will be purchasing the shares and will be about 5%+ down straight away due to the large spread. The smaller the less the share has to go up for you to start making a profit.
Another thing, do you use any professional trading platforms as I am thinking of purchasing one but not sure which one will bring me the best and most accurate information at the quickest possible speeds including news information.
What service do you use to find out who is investing and how much?
By the looks of things, I think Keepitsimple new about this news already before it was published or he heard something that may be happing like this so he/she then invested in it. I would think if it reach 8 - 10p, then it's still a good investment as Keepitsimple would have increase his/her investment by around 50%+ in a day.
I've been watching you and I can truly say that you are the best investor I have seen. You seem to be in the right stocks at the right time or near enough with most of them. I only sold my stock in this, which was a small investment as I thought something was coming and then the stock fell and I though it may have just been a rumor that was no more. Gutted now though.
Where did you get your news from for this.
Can't believe I bought these earlier and sold then at a loss as it was going down. I'm starting to think I'm the worst trader their is.