mike56gte
Member
Registered: 23rd Jun 09
Location: Fife, scotland Drives: Audi S3
User status: Offline
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looks like i was right
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Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
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TC was never really in any shit anyway. it just wanted to change some finance restructuring to reflect a change in conditions and as always, the market reacted with a mass sell-off
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VegasPhil
Premium Member
Registered: 16th Jan 05
Location: Fareham, Hants Drives: Octavia VRS
User status: Offline
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Lets all start on Simulators and see how we get on. I was so tempted to go in big on the barlcays shares when they dropped right down a coouple of months back. Didn't have the bottle though.
Corsa 2.0 16v Vegas - Sold
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Tom G
Member
Registered: 4th Aug 08
Location: Cheshire
User status: Offline
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link me up?
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VegasPhil
Premium Member
Registered: 16th Jan 05
Location: Fareham, Hants Drives: Octavia VRS
User status: Offline
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I just registered on this to have a play. http://www.bullbearings.co.uk/welcome.php
No idea what it is like btw. I just typed share dealing similator on google.
My first sharedealing adventure didn't go too well. A load of us at work put £500 in a pot and went for Halifax and Bradford and Bingley Shares. BBG ones obviously went to shit and Halifax went to pretty much nothing after the merger 
[Edited on 29-11-2011 by VegasPhil]
Corsa 2.0 16v Vegas - Sold
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Paul_J
Member
Registered: 6th Jun 02
Location: London
User status: Offline
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quote: Originally posted by VegasPhil
Lets all start on Simulators and see how we get on. I was so tempted to go in big on the barlcays shares when they dropped right down a coouple of months back. Didn't have the bottle though.
Hindsight is great though. It's always easy to see the right / wrong decision to make AFTER something has happened. It's like looking at where it reaches the bottom price, afterwards its simple to see when the trend was reversing, but at the time it's pretty hard to say. Just like deal or no deal, if you sell early you could regret it, but if you hold on and it tanks, you will look even more of a fool.
Put your money where your mouth is and watch how different it is when you start having your own money on the line. It's amazing how much of an emotional attachment you have when you just have a little bit of money on the line. (Hence demo / sim trading is only partially effective to learn).
You often find most people let their losses run (in the hope they bounce back) thus lose a lot and cut their profits short (after being burnt before, glad to get any profit). Long term this equals a guaranteed loss.
Personally in this current volatile economy, I would be steering clear of making wild guesses on the market - either investing into relatively safe / stable assets or letting a professional manage your money.
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Munchie
Member
Registered: 17th Jul 01
Location: I swap goats for mobile phones
User status: Offline
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quote: Originally posted by John
Is the £75 cashback for that x-o site Munchie or Virgin?
For Virgin John.
They invest money in blue chip companies that are doing well etc....
I have shares in bioscience company as well......think I am up about 700quid but that is with another stock brooker
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VegasPhil
Premium Member
Registered: 16th Jan 05
Location: Fareham, Hants Drives: Octavia VRS
User status: Offline
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Yeah my second post there says why I didn't have the bottle really. Got caught out on banking shares in 2009 
Corsa 2.0 16v Vegas - Sold
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AlunJ
Member
Registered: 3rd Apr 07
Location: Newport
User status: Offline
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Signed up to that bull bearings site yesterday, may as well have a risk free go at it eh
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Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
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quote: Originally posted by Paul_J
quote: Originally posted by VegasPhil
Lets all start on Simulators and see how we get on. I was so tempted to go in big on the barlcays shares when they dropped right down a coouple of months back. Didn't have the bottle though.
Hindsight is great though. It's always easy to see the right / wrong decision to make AFTER something has happened. It's like looking at where it reaches the bottom price, afterwards its simple to see when the trend was reversing, but at the time it's pretty hard to say. Just like deal or no deal, if you sell early you could regret it, but if you hold on and it tanks, you will look even more of a fool.
Put your money where your mouth is and watch how different it is when you start having your own money on the line. It's amazing how much of an emotional attachment you have when you just have a little bit of money on the line. (Hence demo / sim trading is only partially effective to learn).
You often find most people let their losses run (in the hope they bounce back) thus lose a lot and cut their profits short (after being burnt before, glad to get any profit). Long term this equals a guaranteed loss.
Personally in this current volatile economy, I would be steering clear of making wild guesses on the market - either investing into relatively safe / stable assets or letting a professional manage your money.
agreed on all counts. wrt share games, they are a good introuduction but rather like poker, you will make vastly different decisions when your actual money is on the line
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Dan295
Member
Registered: 9th Oct 06
Location: London
User status: Offline
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those simulator ones are the bomb, i made about a grand the other day from MAN shares
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Mattb
Member
Registered: 2nd Feb 03
Location: Under your sisters bed
User status: Offline
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quote: Originally posted by Robbo
quote: Originally posted by Mattb
Lloyds i think at the mo is a good buy - 23p a share!
on what basis did you summise this? because its a low price? or because its govt owned? a low absolute value is not really of any consequence tbh, you need to be lookign for low relative value. TC was a one-off, similar to the banks a few eyars ago when they all tailed right off and there were short term profits to be made
I only say this because there is a minimal chance of it going under with the Gov owning such a large share. The banks are taking a hammering at the moment in the current economic climate. In a few years when we finally dig our selves out of this mess we are in then they will go up - i suspect not to the point at which they were at before the recession hit (£6 odd a share iirc...)

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A2H GO
Member
Registered: 14th Sep 04
Location: Stoke
User status: Offline
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Are the sims based on actual real life share prices?
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Mattb
Member
Registered: 2nd Feb 03
Location: Under your sisters bed
User status: Offline
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yes
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Jambo
Member
Registered: 8th Sep 01
Location: Maidenhead, Drives: VXR Arctic
User status: Offline
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DOn't you all have portfolio managers
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