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-   -   Anyone trade SHARES? (non-scooby) (https://www.scoobynet.com/scoobynet-general-1/1886-anyone-trade-shares-non-scooby.html)

Lee Masters 05 March 2000 10:49 AM

yep besides enjoying my MY98, I trade the share market - profitably. Its almost as much fun and pays for my driving pleasure. Any other stock followers on this board?

I recently bought a software package called Indexia and found they are all scooby fans as well!! They even have links to scooby sites.

try

James Neill 05 March 2000 03:46 PM

Yeah - I've just started. Though I deal in the US stockmarkets (but am based in the UK) because

- Don't want to spend too much at the moment (I'm just a beginner) so didn't want an account with a minimum cash limit.
- Lots and lots of info on the US market out there.
- Like to think I can make millions on all the NASDAQ IPOs going on http://bbs.scoobynet.co.uk/smile.gif

In the end I went for a discount broker called Suretrade ($9.95 per trade) and have bought some 3COM stock (they've just IPO'ed Palm computing) and stock in Tower Semiconductor (doing a lot of research in to flash ram - which I think will be big in all the new mobile devices)

So far I'm up 15% - and that's in just over two weeks http://bbs.scoobynet.co.uk/smile.gif.

So far the best resources I've found are

Motley Fool -

ianlove 05 March 2000 05:04 PM

me too, next is lastminute.com
take a look at this bbs if you use suretradehttp://www.village2000.com/moneymachine/options/index.html

Sam Elassar 05 March 2000 05:33 PM

hi guys
I have been in the dealing in UK shares for about 15 months now. did not start with much at all!! around the same price as a link ECU, AP or Brembo brakes and back box. you see every one on this site could afford it judging from the amount of money we spend on our cars http://bbs.scoobynet.co.uk/smile.gif
I am up over 700% since I have started. I don't think you need any software programme as the internet has got every thing you will ever need. saying that quicken is good enough for me and is pretty cheap.
lastminute.com is good hoping that they don't do what interactive investor done and give me only 145 shares.

James wouldn't you need to pay US tax on us shares? and how about UK tax?

good sites that I use

JAMES.M. 05 March 2000 08:41 PM

Hi there!
Has anybody got any advice for someone who is just looking into getting started in share trading?
I have been looking at it for a while now and dont realy know how or where to start, so any pointers would be apprieciated.
Thanks....JAMES

ChrisB 05 March 2000 09:36 PM

There was talk of setting up a Scooby Share Club.

Did this get anywhere?

I'm still interested - a good place to start perhaps for another share newbie?

Chris.

[This message has been edited by ChrisB (edited 05-03-2000).]

robman 05 March 2000 10:10 PM

Another very useful site -

DanTheMan 05 March 2000 10:27 PM

Have a look at

KevinS 05 March 2000 11:16 PM

Very interesting. I've just downloaded a free chart programme from indexia.co.uk web site. good stuff too. I have dabbled (means lost money) in shares for many years. These guys seem to know what they're talking about. Perhaps I'll start to make money to put down on my next scooby. Won't be until next year though as I have a shiney new MY00W.

P.S. Where are the scooby links?

Sam Elassar 06 March 2000 01:41 AM

I am thinking of setting up a share club. I know 2-3 people who are interested. so if you email me off line I will try to get something set-up in the new financial year i.e. after April. there is more the 100 share club set up a week in the UK alone. this is like the US few years back. the more people get into shares the more the share prices will go up. also it will mean that the private investors will be able to manipulate the market instead of big institutions. this is a good thing for every body really.

according to bloomberg tv there is people going around schools and getting students to deal in shares in a share club( not with real money), the aim of the exercise to get every body into this kind of thing from a young age. this is a revolution and you don't want to miss out.

James Neill 06 March 2000 10:01 AM

Yep - I'd be interested in a share club.

Sam - You do have to pay tax, but the UK has a tax treaty with the US, which means I pay 15% tax (I think) to the IRS and declare the remainder to the UK Tax Office.

Regards
James

Adam M 06 March 2000 10:12 AM

I deal shares all the time. It would be great to have a share club, I would certainly be interested.

All the web sites seem to have been tipped already except this one.

Kev 06 March 2000 10:13 AM

Yep I'm in....

I have a few BT and BP but thats about it but want to dabble in a few more ..... I've just downloaded the Indexia software ( the free one) and can't seem to be able to add either BT or BP to the list ?? Got hold of the latest closing prices etc .... any one know how ??

K

zoog 07 March 2000 08:38 AM

If anyones into the NASDAQ I would reccommend Datek Online for trading purposes. they seem good and just about the cheapest in terms of trade fees.

Adrian

Stef 07 March 2000 09:44 AM

I'd be interested too.

Stef.

KevinS 07 March 2000 10:04 AM

Kev,
I downloaded that indexia program and upgraded it for £29 and they sent me a set of prices for every share on the market which I update from prestel city feed - free.

This is fun - now I can see graphically where I am losing money. Having said that, I bought a biotech stock yesterday called provalis which is up 25% this morning.

Thanks Lee for pointing me there.

Kevin

Kev 07 March 2000 11:24 AM

Kev

Thanks !!

Kev

Sheridan 07 March 2000 11:49 AM

I am another one who has been playing for a few years, I use e-trade in the states and have no complaints so far.
How many people bought Palm on the opening day http://bbs.scoobynet.co.uk/biggrin.gif

Dave P 07 March 2000 12:59 PM

I would consider joining a share club.

But be warned shares can go down as well as up. At the mo we still seem to be in a bull market...... but I remember the last one ending in 1987. It wasn't pretty.

Stick with reputable houses who are properly regulated. As you don't get certs these days the likelyhood is they will hold your shares on your behalf. If they fold you must be sure they have your shares properly segregated.

Beware of buying foreign shares, you may open yourself up to high custody charges and on top of share price movements you have exposure to currency risk.

Anyway the DOW's closed off 196.7 today so I'm off to bed.

Goodnight.

Dave


phill .m. 07 March 2000 02:47 PM

I'm interested too.

Unfourtunately I sold my Kingston Communication shares to fianance the scoob DAM!!!!
Bought at £2.25 now £15.50
The wife still has hers and constantly reminds me how much I'd have if I still had mine. http://bbs.scoobynet.co.uk/frown.gif


[This message has been edited by phill .m. (edited 07-03-2000).]

sickboy 07 March 2000 10:20 PM

Well, I sold my GW shares to buy my Scoob at £19.10.

They're now £15 ish http://bbs.scoobynet.co.uk/smile.gif

Shame I've still got lots left http://bbs.scoobynet.co.uk/frown.gif

code10 07 March 2000 11:30 PM

I would also be interested in a shares club as I would like to have a play but dont really know what I am doing!!!

I have some shares through my work but thats all....

How would it work???

willissg 08 March 2000 07:42 AM

Sam
I think that would be a great idea and I am very intrested.
Regards
Stuart
A stockbroker are saying they will will allow a new Investment Club to trade free for the first month. I am in the process of tracking this company down
A good link

willissg 08 March 2000 07:51 AM

<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:<HR>Originally posted by willissg:
<B>Sam
I think that would be a great idea and I am very intrested.
Regards
Stuart
A stockbroker are saying they will will allow a new Investment Club to trade free for the first month. I am in the process of tracking this company down
A good link

James Neill 08 March 2000 09:02 AM

DLJDirect also do a nice research tool - thats free to download

KevinS 08 March 2000 09:25 AM

I have just DOUBLED MY MONEY on Provalis in two days. Bought them at 27.5 on monday and sold out this morning at 61. Steve A, you are smiling too.

This is entirely due to the Indexia program that Lee recommended to us. Thanks I owe you one mate. I'm now going to plough the profits into upgrading the software and really get into this stuff.

Anyone interested, try

Steve A 08 March 2000 10:30 AM

Sure am i have baled out as well & 57p. Most worrying on this one was the Chairman didn't know why the price was jumping around the world. dare i say it but a classic ramp starting in the US...price is falling but may buy back at 30-35p. Just my opinion though..Do your own research etc etc. Might have a look at this grapging tool you are mentioning tonight. PS another i bought a few days ago Surgical Innovations at o.o5p has jumped 28%this morning. Don't know why though!!!!!!!

Steve A 08 March 2000 12:46 PM

I bought Provalis 1st thing this morning +24% today +c297% on the NASDAQ later on. Lets see what happens in London on Wednesday the question is when to bale out. Like all stock bulletin boards say..... Do your own research

taricc 08 March 2000 01:39 PM

<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:<HR>Originally posted by Lee Masters:
<B>yep besides enjoying my MY98, I trade the share market - profitably. Its almost as much fun and pays for my driving pleasure. Any other stock followers on this board?

I recently bought a software package called Indexia and found they are all scooby fans as well!! They even have links to scooby sites.

try

Lee Masters 08 March 2000 02:06 PM

Damn you KevinS but well done. You obviously got into charts quicker than I did. Thats a great profit. How did you pick it up with the programme? I must say I am having fun but still have to get to grips with it.

Did you say you owe me a CASE, not just one.


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