Hi,
I'm just starting out in trading stocks. I have been reading up on the subject the last few months and now have done my first few deals.
I'm having issues though, I have read up on a few techniques and things to look out for, but they are mainly usable for US stocks because I can't find the information I am looking for in the LSE. So here are a few questions I would hope someone can answer for me:
1) In general, available data and tools for the LSE are pretty poor or much worse than what is available for US stocks - is this true or just my impression?
2) You can't short stocks in the LSE directly? Are the only ways to do this through CFDs and Spread Betting?
3) Should I bother with buying stocks directly at all? Or should I just stick to spread betting? There seems to be many drawbacks to buying stocks directly (taxes, stamp duty, no shorting) and little for spread betting (bigger spread)... and betting is tax free and can easily short stocks.. Am I missing something here?
4) Is there a free or cheap TECHNICAL stock screener around for UK Stocks? Something like stockcharts.com ? Where you can screen stocks by volume, SMAs, etc?
5) What's stopping me from dealing directly with US stocks? Are there tax restrictions for non US citizens?
these are my main doubts for now... still familiarizing with available options... thanks in advance!
I'm just starting out in trading stocks. I have been reading up on the subject the last few months and now have done my first few deals.
I'm having issues though, I have read up on a few techniques and things to look out for, but they are mainly usable for US stocks because I can't find the information I am looking for in the LSE. So here are a few questions I would hope someone can answer for me:
1) In general, available data and tools for the LSE are pretty poor or much worse than what is available for US stocks - is this true or just my impression?
2) You can't short stocks in the LSE directly? Are the only ways to do this through CFDs and Spread Betting?
3) Should I bother with buying stocks directly at all? Or should I just stick to spread betting? There seems to be many drawbacks to buying stocks directly (taxes, stamp duty, no shorting) and little for spread betting (bigger spread)... and betting is tax free and can easily short stocks.. Am I missing something here?
4) Is there a free or cheap TECHNICAL stock screener around for UK Stocks? Something like stockcharts.com ? Where you can screen stocks by volume, SMAs, etc?
5) What's stopping me from dealing directly with US stocks? Are there tax restrictions for non US citizens?
these are my main doubts for now... still familiarizing with available options... thanks in advance!
