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I traded the same £12k and sold out yesterday at 67.41p and bought back in again today at 66.71p and gained an extra 65 shares. So I have traded £12k over two days and virtually picked the right entry and exit points and all I have gained is 125shares and if you were trading so you didn’t have to pay the stamp duty all you would gain is about £100 a day. Pity I wasn’t seeing these 50% gains
Today and yesterday it hasn’t moved much over 0.5p most of the day so it’s definitely not a good day traders share
Twonko, in a year or two time I will put a lot f money in those companies as im holding out for PSN to rise a lot in that time then I'm going to sell out for the dividend in the insureres. I have had the calculator out and I think I will get a much higher dividend payout by waiting even if im paying more for the insurers.
I tried trading £12k worth of shares but the descent drops are tiny. I sold at 67.4p yesterday and bought in again this morning at 66.7p. and after fees I got an extra 60 shares so hardly a big mark up. Anyone who day trades VOD will be skint.
Yes necessarily, since we have hit the 60p range the rises have been 1p to 2p so day trading and getting a 50% profit would take quite a long time , much longer than the time we have had and thats irrelevant how big the sums they are investing as 50% is that no matter if you invest a £100 or £1m
Will the 12th march not be a top up day as its final results and they will say how much the next dividend is and I know a lot of houses were given away cheap to social housing companies so it’s a coin toss as to wether they rise or fall?