FREQUENTLY ASKED QUESTIONS
Got questions? We've got answers
You do well but you could do better if you (......)
There is no point trying to teach an old dog new tricks..
Do you trade currencies or metals..if so can you help?
Afraid not!
What makes you decide whether to take out a spreadbet instead of just buying the shares?
I use spreadbets for shorting (Ie betting on a share to go down). I also use spreadbetting to buy AIM market shares as I cannot put these shares in my ISA and I prefer to do all my trading tax free! I also use a spreadbet if say, I am fully invested in my ISAs, and finally I also use spreadbets to top up current holdings in the ISA, or finally, if a share is moving fast, sometimes it is easier to get a spreadbet on quicker to get the price than trying to buy the shares.
How do you maintain your wonderful hairstyle?
I shave every other day to maintain its gleaming streamlined look - and so hygenic too!
What happens if I am short of a share with a spreadbet and it goes bust?
Generally you should get paid out! However you may find your bet is suspended for a while until the company is officially deemed to be a bust or has gone into administration. Firms are usually sensible and will pay you out at zero or a penny once it is obvious it is a gonner. Of course spreadbet firms do vary so it might just be worth asking your particular spreadfirm.
I saw you bought a new issue.. but where do you find out about new issues and that they are going to list?
There is no one place unfortunately. The best way and the way I use is to check the news at 7ish every morning - you can then look for "Intention to list" in the headlines, companies intending to list usually release this fact at 7am so it should be quite easy to find. I usually check every day.Also I find The Times newspaper pretty good at mentioning new issues on the way, and the Sunday Times. In the end, you just have to keep your eyes open!
In your book you talk about exchange market size or electronic market size or normal market size - the amount of shares you can normally deal in without having sometimes to pay more for the shares. But this seems to have disappeared from the london stock exchange site.
Indeed it has been dropped! You can try > (14 days free trial on that link) The nms is displayed on the info page of any share aboutthree quarters down the page under "share price quote"you will see nms.Another rule of thumb is shares under a value of £100mcan be harder to buy or sell with small market sizes especially if under £25m size.The higher a market cap usually bigger the size. Once youget into the FTSE 250 about £600m and above youshould be able to deal in big amounts.