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Thread: Entering the JSE

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    Entering the JSE

    HI guys

    Im really interested in buying stock on the jse and i have made myself an account with standard bank to do just that. . .Problem is that im not sure what stock to buy and whem to buy and sell and stuff like that. do any of you buy and sell stock and can maybe give me a push in the right direction? i would appreciate it

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    Gold Member daveob's Avatar
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    Hi Gordo

    Do you have any software that lets you look at the trends, historical data, technical indicators, etc ?

    Or are you wanting to base your decisions on fundamental info ?

    Are you looking at equities, unit trusts, warrants, CFDs or Spreads ?
    Watching the ships passing by.

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    Gold Member Singhms's Avatar
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    Also are you looking at trading as opposed to investing

    i.e. buying and selling on a daily\weekly basis to make quick gains or buying to keep for a few years?
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    Bronze Member rfnel's Avatar
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    Gordo, how does this Standard Bank account of yours work? I'm interested in trading shares myself, so I'll be watching this thread with interest.
    "Fortune favours the bold" - Virgil
    Riaan Nel
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    Gold Member daveob's Avatar
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    Gordo is most likely using : https://securities.standardbank.co.za/ost/
    Watching the ships passing by.

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    rfnel (18-Oct-11)

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    Quote Originally Posted by daveob View Post
    Hi Gordo

    Do you have any software that lets you look at the trends, historical data, technical indicators, etc ?

    Or are you wanting to base your decisions on fundamental info ?

    Are you looking at equities, unit trusts, warrants, CFDs or Spreads ?
    No dave im hoping that standard bank will provide me with the trend,historical data etc .

    It looks like you really know what you are doing in terms of the stock market. Ive been reading up on it but its not the same as actually

    doing it yourself. So as soon as my account is set up (it takes 2 days) then im gonna get busy. Im gonna have to read up on equities, unit trusts, warrants,CFDs

    and spreads, cos I dont know much about it. Taking it slow but I'll get there sooner or later.

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    @rfnel I went onto my internet banking account with standard bank and went to the auto share invest tab. registered myself and bam, done. but im not too sure how it works yet and how well it works because I gotta wait 48 hours before my account is made completely.

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    Quote Originally Posted by Singhms View Post
    Also are you looking at trading as opposed to investing

    i.e. buying and selling on a daily\weekly basis to make quick gains or buying to keep for a few years?
    Im definately gonna do swing trading,that seems more suitable to my current situation.

    i.e buying and selling on a weekly basis.

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    Site Caretaker Dave A's Avatar
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    Quote Originally Posted by gordo View Post
    Im definately gonna do swing trading,that seems more suitable to my current situation.

    Aaah. A gambler.

    Good luck then
    The trouble with opportunity is it normally comes dressed up as work.

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    Good luck Gordo!

    My wife and myself both use absa stockbrokers - at the time the offered the best deal as long as you made 4 trades a year. you will need fairly deep pockets to trade weekly and make money - because of trade fees (buying and selling) I am guessing your trades will need to be at least R20k per trade or more to make that worth while.

    moneyweb.co.za is a great website to do research

    my wife has done well (over a year) with Pioneer, SAB, Shoprite and Capitec - around 20 - 25% over the year (plus dividends!!)

    I, err, go for more risky shares (besides capitec) and am sitting on even.

  12. Thanks given for this post:

    gordo (25-Oct-11)

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