RE: Looking for suggestions......5 Feb 2021 19:12
Hello Again all
Thank you all so much for your responses, all of which make perfect sense and seem like great advice.........However, just for clarity of thought i would like to expand a little on my earlier post
Firstly how did I get to this point well about 2 years ago i started trading on both the Betdaq and Betfair exchanges. I started with £150 in each account and traded my way , with lots of ups (profits) and downs (losses). I have, since Christmas, liquidated those accounts hence the 5K to play with. so what am i looking for? Well i have set myself 2 Targets for year 1. Beat the FTSE % gain for the year and 2, Have a bit of fun. As i'm new to shares I have set at least 1 goal that i probably won't achieve (i'll let you guess which one) but would like to use the first year to Learn, and yes i know i will make mistakes but for me thats the best way to learn. I have spent the last 2 months doing a bit of research and am surprised how similar the sort term strategies are between stock markets and betting exchanges so thats why i say i'm not a complete idiot just a partial one.
As SadAct alluded to my biggest concern is fees hence the question about Digero's trading platform which if anyone uses I would be grateful for any feedback. I may ask the same question of the Red Braces brigade who seem to be mainly day traders and may incur lots of fees or commission.
couple of other things before I enjoy this evenings libation.
User names can be misleading Sorry (Alas-Smith), Rosie and Max were my first 2 Jack Russell Terriers, sadly passed away, and i find it easy to remember and fairly anonymous. I am actually male, mid 1960s vintage with a bald patch, drive trains for a living, and enjoy the odd Ale when I can.
I hope to hear from you all again soon and when i get going may post updates if thats ok with everyone.