stock market crash

[rootsnall]

Nothing, but I tend to dip in and out in-between other things when looking for something to pass the time. It's possible to pick up a quick £50 without too much thought.

What are you using to dip with ? Stamp duty is the killer in the real market. I've had a good run dipping except for getting caught out by one of the remdesivir leaks.

[wattaj]

Why not go to Las Vegus instead? If your gains are further ahead than your losses after summing up I'd be genuinely surprised.

Las Vagas is a bit far to Alt-Tab into.

Oh, I'm coping:


A little bit down over the last week or so, but still < £4k up since CV landed. Although I will admit that most of this gain was shorting the FTSE and Carnival during the initial car crash.

[wattaj]

What are you using to dip with ? Stamp duty is the killer in the real market. I've had a good run dipping except for getting caught out by one of the remdesivir leaks.

Spread-betting. No Stamp Duty and no Capital Gains Tax.

[DimPrawn]

What are you using to dip with ? Stamp duty is the killer in the real market. I've had a good run dipping except for getting caught out by one of the remdesivir leaks.

Commission you can avoid, stamp duty you cannot if buying actual shares.

ISA - Trading 212

You of course trade shares as CFD inside a Spread Betting account.....No tax, no stamp duty, but not physical ownership...

[rootsnall]

Spread-betting. No Stamp Duty and no Capital Gains Tax.

Which firm ? I opened an IG account but never used it.

[rootsnall]

ISA - Trading 212

Will this be my undoing

[wattaj]

Which firm ? I opened an IG account but never used it.

I have an account with IG Index. Play around with a demo account for a bit of fun. It's possible to lose a vast amount of money very quickly by not paying attention to one's exposure... the exposure is NOT the margin. Have fun.

THIS IS NOT INVESTMENT ADVICE.

[rootsnall]

I have an account with IG Index. Play around with a demo account for a bit of fun. It's possible to lose a vast amount of money very quickly by not paying attention to one's exposure... the exposure is NOT the margin. Have fun.

THIS IS NOT INVESTMENT ADVICE.

It's a damn sight easier to make a few quid dipping when the market is rising like it has the last month or so. When it's zigzagging and going down then it's time to it sit on your hands. It's back to the game of trying to pick the bottom then

[wattaj]

It's a damn sight easier to make a few quid dipping when the market is rising like it has the last month or so. When it's zigzagging and going down then it's time to it sit on your hands. It's back to the game of trying to pick the bottom then

Personally, if I were to take this seriously, I'd play the spread-betting account like an ISA and place bets that are equal to the trades that I'd make in an ISA (i.e. limit my exposure to a real world trade value). A bit more analysis and selective trading would be required though.

[scooterscot]

Commission you can avoid, stamp duty you cannot if buying actual shares.

ISA - Trading 212

You of course trade shares as CFD inside a Spread Betting account.....No tax, no stamp duty, but not physical ownership...

Thanks for the advice..

Following the link, I'll let you know how I get on with the mother in-law's savings!