As a hobby, i invest some money on the UK stock market. My interest comes from when I used to work up there for datastream/ICV. Plus it’s a strategy game with spreadsheets, why wouldn’t I love it?
I recently managed to offload a share I’d been sitting on for ages: Renishaw. (RSW). I bought in July 2011 and sold this morning for an (eventual) 11% profit. Not bad, but I’m clearly not warren buffet. Possibly my best ever investment was Autonomy, which I held for a month then sold for a 47% profit. Oh yeah! I also did very well out of admiral (ADM) at 36% and ARM at 7%, 6% then 7% again (bought and sold 3 times). In some ways my most mediocre trade was Aggrekko at 0.4% but that was over 5 hours, so I’m not complaining :D. I can’t be too smug about admiral, as I’m currently holding them at a huge loss and twiddling thumbs hoping to get it back some time… I’m also annoyed at Domino printing, at to some extent Dunelm, which has been a multi-month ‘quick-trade’ opportunity gone wrong :D
Any other share dealers here? Anyone play for fun with one of the virtual sites that lets you practice? What are your tips / strategies? I’m always wary of losing too much to fees so try to own a few shares at high amounts rather than spreading too thin.