Investing In The Stock Market For Total Beginners

[watchesandwhisky]

Cheers Roy I appreciate that mate, I think I will be leaving it as cash for now and hoping for a retrace! its risen almost 100% in 2 days trading so some form of correction is very possible, that said it would not surprise me if its over £1 before the weekend the way its moving! 

[HawkHybrid]

if previous high volume is followed by an upside down hammer

on the candles chart then watch out for lower prices as recent

weaker hands(speculators/traders) may not want to be holding

onto a loss.

 

HH

[watchesandwhisky]

Sorry HH you have lost me there:P some must be sitting on a loss though as it peaked at 80p today and then the market closed at 68p , probably a lot of profit taking going on at these levels. 

quite pleased I did sell of those shares at 77p, has taken my average down across both accounts to 27p , and whilst I still have £1500 of my hard earnt invested it is at a much better average price. 

Apparently there's a gap to fill around the 40p mark still, but with imminent news expected im not sure how much charts work.

 

 

[HawkHybrid]

it spiked to ~ 80p but finished ~68p. anyone who bought today

at 70p+ is showing a loss. volume today is ~8M. it stayed above

70p for half the day. so rough guess 4M shares were traded

from investors/traders to speculators/traders. where is your stop

loss = 60p. others who bought yesterday below 60p may also

have stop losses 50-60p. average year to date investor daily

volume ~1.2M. if it opens lower tomorrow and triggers stop losses

by most of the 4M who bought today then it's 3M+ sells versus

1.2M investor buys. it's all about making money. someone could

move the price down to trigger those stop losses. the risk has

increased at least for an intraday move lower. how many traders

have a genuine understanding of the technology to reliably gauge

how much it should be worth?

 

investing is about gauging risk/reward ratio.

 

HH

[watchesandwhisky]

Thanks for explaining that HH, I see what you mean, and I can certainly see how after 2 days of steep rises and large amounts of volume and people sitting on losses how this could drop right back down in the morning, I will be watching it like a hawk lol. 

One thing about this company though is the amount of RNS that come out..the last 3 have helped the SP immensely. More expected very soon. 

• Licence Agreement with Calfrac for DT UltraVert - 23 May 2016 07:00
• Increases Uranium Acreage in Utah - 20 May 2016 07:00
• Issue of Shares - 20 May 2016 07:00
• Further Acquisition of Licences in North Dakota - 18 May 2016 09:00
• Issue of Shares - 13 May 2016 07:00
• Issue of Shares - 09 May 2016 07:00
• Second Price Monitoring Extn - 05 May 2016 16:40
• Price Monitoring Extension - 05 May 2016 16:35
• Issue of Shares - 05 May 2016 07:00
• Issue of Shares - 28 Apr 2016 13:00
• Results of General Meeting - 27 Apr 2016 12:45
• Share Subscription Raises £519,093 - 27 Apr 2016 07:00
• Corporate Update - 25 Apr 2016 07:49
• Publication of Circular and Notice of GM - 01 Apr 2016 08:00
• Doubles Utah Uranium Acreage - 30 Mar 2016 07:00
• Signs Agreement for Potential Uranium Discovery - 18 Mar 2016 14:45
• Issue of Shares - 15 Mar 2016 07:00
• Issue of Shares - 11 Mar 2016 07:00
• Issue of Shares - 22 Feb 2016 07:00
• Issue of Shares - 17 Feb 2016 07:00

[watchesandwhisky]

Update, embarrassed to say I got absolutely crushed on this stock and its now trading at 19p per share, cashing out what i did was the one thing that saved me, but i did invest more back in and i'm currently sitting on a 2.5k loss. To compound my losses i sold some gold pre rise to fund this. Worst financial decision i have ever made. Buy you pay your money and takes yer chances. I lost. If it went the other way I could have been in a excellent position but it did not. You guys did warn me and i did not listen. I will say I have learnt some lessons the hard way and sometimes that's the only way i actually learn.

I do still hold 7k shares and they are being stuffed in a bottom draw. Even after this i still love the stock market and its potential..I am currently focused on bigger FTSE companies that pay dividends and have a grand split between standard life and barclays. Now want to focus more on large companies with recovery potential.

As much as it hurts i gave up smoking a couple of years ago and have saved at least 7 grand since doing so, so I was willing to take some mad risks for the chance of large returns, so whilst of course id rather not have lost 2.5k, ultimately its just a third of what i have currently saved. i will still take punts..but the majority will be invested in FTSE shares from now on with the hope of long term sustainable growth. 

[Pipers]

Madstacks  if you are interested in miners and oil there are big companies listed on the FTSE 100 you know,

One more pointer for you, you have shares in 2 financial companies ask your self why, again if you are happy then fine its your money.  Before you do anything stop and think about the following:- the BOE will be making a statement about interest rates and the markets are hoping on a 1/4% drop in rates this will raise the FTSE if the new Prime Minister puts a stop to the rate cut because she wants more stability and a stronger £ then the FTSE will fall. On the other hand commodities will cost less to the UK consumer.

      

[watchesandwhisky]

I would be interested in investing in the big miners but they have recently seen massive gains and I am wary of buying at highs.

Yeah its hard to know what will happen, I think what i'm looking for is something that I can buy and put away and forget about, if the FTSE does drop it will be pale in comparison to the losses I have already suffered. Barclays is at a 10 year low with the exception of 2008, she seems to be talking about building a lot of new housing so maybe a share in a property company would be a hedge. 

[BaldyBob]

4 hours ago, Madstacks said:

I would be interested in investing in the big miners but they have recently seen massive gains and I am wary of buying at highs.

If you look over the longer term they are actually nearly back to were they started

Big companies like RIO & BLT are well run and still returning a dividend.

[SilverGrain]

I have to say agree with most of the posts here. Rather like Chris's earlier and informative post I too put a lot of time and effort some years ago into shares, futures, options and then onto spread betting/cfd's. I made some small profits only to wipe out my profits and some of the initial capital with a large loss. I agree that it takes a considerable amount of time and research and even then to make a living out of it is not guaranteed. As they say only invest capital you can afford to lose and to be honest Its just one big casino really.

That said I did invest some of my childrens savings into some ftse100 companies 6 months ago and ironically despite all the doom and gloom predictions of Brexit they have performed better in the past three weeks up some 36% on the original investment 6 months ago. Kinda beats the savings account the money was tied up in before.

[HawkHybrid]

8 hours ago, Madstacks said:

I would be interested in investing in the big miners but they have recently seen massive gains and I am wary of buying at highs.

Yeah its hard to know what will happen, I think what i'm looking for is something that I can buy and put away and forget about, if the FTSE does drop it will be pale in comparison to the losses I have already suffered. Barclays is at a 10 year low with the exception of 2008, she seems to be talking about building a lot of new housing so maybe a share in a property company would be a hedge. 

 

the brexit housing fund issue have increased the risk for
the housing, bank and insurance sectors. (notice how

banks and housing have not really rallied during the

recent rise in the ftse) 

one of the best buy and forget sectors is utility.(slow and

steady)

for those still interested, it's still not too late to time an

entry point into the pm producers. profit is on margin

and not on revenue. the bet is that the pm bull market

has already started.

 

HH