well its into the lions den for me, just signed up with Capital Spread in London and had a play on their demo account today, made £1,000 virtual money watching gold. That said I have bought and sold physical gold coins for a while. I have read the instructions and it seems very straight forward to me, however us private punters are not in the city and not privy to rumours going round. that said common sense says that if you look around you quickly enough you can sense what to long or short. I think timing is the essence because in a short space of time a share becomes fully priced as the rest realise whats going on. I'll be punting on longs for discount retailers and even the old holiday camps in the uk, shorts on luxury goods manufacturers, Ryanair may be a short as their uk trade is going to suffer from leisure travellers, it matters not if it costs very little to get to your destination, but costs a fortune when you get their. I think this crises is being played down, the president of the IMF reported yesterday that they will run out of money within 6 months and Poland is the next expected country to go cap in hand. ED Balls, said he thought this recession " Read Depression" will be the worst for a 100 years, so that means worse than the 1930's, a CBI report says 40% of Uk companies have laid off workers in the last couple of months. All my freinds and associates are cutting back on leisure spending, holidays and targetting local markets or low cost retailers like Aldi......just keep your eyes open
Regards to all and I shall enjoy the site
Ian
