What would you buy and hold now?

Doomberg

Established member
960 75
Ok i'm gonna be busy as hell with work over the next 2 years so day trading won't be an option, however being busy as hell will hopefully create a nice amount of £££ to invest in stocks, anyway i have a feeling that quite a few of the markets have hit rock bottom, or are close to the bottom anyway. If you were looking to buy and hold lots of stock over the next couple of years, what would you keep your eye on and what would you buy now?

Also are: Home - SimplyStockbroking any good?

Cheers

p.s where on earth has the general section gone?
 

JSChicago

Junior member
23 5
Ok i'm gonna be busy as hell with work over the next 2 years so day trading won't be an option...

"Buy and Hold" scares the crap out of me. I get the same uneasy feeling when my girlfriend asks "Do these pants make me look fat"? - I consider both to be no-win situations.

Whenever I'm in a situation that severely limits my trading time I just change up my strategy. So, I might go from (forex) doing $50.00 a pip on hour charts to $5.00 a pip on daily charts and swing trading some options that allow me to define my maximum loss. This way, I can be away from the computer for extended periods whithout stressing and having big clumps of my hair fall out.
 

Doomberg

Established member
960 75
Hey JSXChicargo, i did try exactly what you mentioned above... i went from 5m charts to trying swing trading this year due to lack of time... and i lost £1000's so i guess swing trading just aint for me? Some of the trades i took looked like +A trades, but my year has been diabolical
 
M

member275544

0 0
How about Lloyds..its a P&F chart, but it speaks for itself imo
 

Attachments

  • LLOYDS BANK reversals.jpg
    LLOYDS BANK reversals.jpg
    1.4 MB · Views: 331

Doomberg

Established member
960 75
Mal, LLoyds / RBS and Bank of Ireland are on my short list, i started with bank stocks so i'm confident with them... and lol Bank of Ireland, i know many would not touch with a barge pole, but 20 euros per share down to 9 cents lol! Trust me, it is gonna rise
 

JSChicago

Junior member
23 5
... i did try exactly what you mentioned above... my year has been diabolical

Sorry to hear that.

You might try buying some sturdy dividend-paying stock with a well established trading range and writing covered calls against it each month.

Since - from your post - it looks like you will have a couple of years to investigate new trading strategies, I will suggest you check out TastyTrade , I've found them very useful and you might also.
 
M

member275544

0 0
Mal, LLoyds / RBS and Bank of Ireland are on my short list, i started with bank stocks so i'm confident with them... and lol Bank of Ireland, i know many would not touch with a barge pole, but 20 euros per share down to 9 cents lol! Trust me, it is gonna rise

RBS was on mine, but since they they changed denomination, I cant analyse via Updata..but I do remember there was great setup emerging..now though i won't bother..BOI..I'll take a look.
LLoyds, that has to break 38p first so its gonna play out a while. Thats just my analysis though...here's a longer term view of Lloyds and there is a an even larger double bottom unfolding since '09. Long ways to go even with that..but if the double bottom pans out, 144p plus bought at 38..lovely jubbly
 

Attachments

  • Lloyds long term.jpg
    Lloyds long term.jpg
    1.3 MB · Views: 271
Last edited by a moderator:
  • Like
Reactions: Doomberg

ZaBu

Member
50 17
Ok i'm gonna be busy as hell with work over the next 2 years so day trading won't be an option, however being busy as hell will hopefully create a nice amount of £££ to invest in stocks, anyway i have a feeling that quite a few of the markets have hit rock bottom, or are close to the bottom anyway. If you were looking to buy and hold lots of stock over the next couple of years, what would you keep your eye on and what would you buy now?

I'm keeping an eye on the Euro shambles, US election and whether Gold can break above $1700 at the macro level.

By no means am I a fully paid up member of the Elliot Wave massive super dooper Wave C we're all doomed so let's buy tinned food, gold and silver coins and board up the windows club. However, I do think we are seeing deflationary pressure being offset by central bank QE. I have no idea which will win out so I have moved largely back to cash so I can go short or long depending on what happens next.

The only thing I'm holding at the moment is SAUP - etf short AUD, long USD denominated in $ for added va va voom.

I've got a few things on my watch lists:

Dividend watch list
VOD (just exited to take profit, will re-enter at some point).
TSCO
AV

Undervalued watch list
XRX
GENL

Long term trend watch list
FB
TSLA
DDD
SSYS

Happy to expand on my thinking on any of the above if it helps. I try to use fundamentals for things I intend to hold for a while coupled with TA to try and optimise entry/exit. It's a nice theory anyway.

Also are: Home - SimplyStockbroking any good?

Only have one ISA subscription with them but had no issues. Does exactly what it says on the tin.
 
Last edited:
  • Like
Reactions: Doomberg

hgh

Active member
133 1
Mal, LLoyds / RBS and Bank of Ireland are on my short list, i started with bank stocks so i'm confident with them... and lol Bank of Ireland, i know many would not touch with a barge pole, but 20 euros per share down to 9 cents lol! Trust me, it is gonna rise

I think euros won't be rise soon, at least in a short time.half an year, something like that.
 

Doomberg

Established member
960 75
ZaBu, thanks for the input (y)

And if you don't mind, can you elaborate on the stocks you have mentioned with reasons etc?

Cheers
 
 
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock