The Ultimate UKBF Share Trading Champion!

Log in to reply
LicensedToTrade

LicensedToTrade

Free Member
Nov 7, 2009
6,312
2,133
Suffolk
  • #1
    Hi-dee-hi,

    I'm sure that a few of you on here dabble in shares and day trading but how many of you have had a go at fantasy share trading?

    I just joined Bullbearings.co.uk on a recommendation. For those of yuo who don't know it, in brief: you get £100k to start with and it is based on the FTSE 100. You share trade just like you do in reality.

    Is anyone interested in setting up a UKBF league on bullbearings to see who can become the ultimate UKBF share trading champion?

    The site is free to join and reasonably easy to use.

    Let me know if you are interested by response.
     
    Last edited:
    • Like
    Reactions: Esk247
    LicensedToTrade

    LicensedToTrade

    Free Member
    Nov 7, 2009
    6,312
    2,133
    Suffolk
  • #5
    That's the spirit!

    When we get enough people interested I'll start the league and then we can start investing our imaginery 100k!

    Esk247, the great thing about this site is that if you cock up entirely and lose all of your 100k then you can reset your account and start again. It is a great way to ease yourself into stocks and shares, you never know if you do well you might have a go at the real thing. The current leader across the whole site has over £3trillion and he is listed as being at school!
     
    Upvote 0
    LicensedToTrade

    LicensedToTrade

    Free Member
    Nov 7, 2009
    6,312
    2,133
    Suffolk
  • #8
    RedEvo said:
    Seeing as I sold my stake in EnCore on Thursday and they went up 30% today I think I'll count myself out :)

    d
    Click to expand...

    Encore was the highest riser on the FTSE today...unlucky. I'm into Connaught and GCM Enterprise at the moment. GCM is a decent day trade with fluctuations from about 186-195 intraday. Connaught will easily rise 10-20 times in the next 6 months, a good medium term investment.
     
    Upvote 0
    LicensedToTrade

    LicensedToTrade

    Free Member
    Nov 7, 2009
    6,312
    2,133
    Suffolk
  • #12
    stugster said:
    Are we spread betting, FX trading or purely stock?
    Click to expand...

    I was thinking just Fantasy Shares but no harm in doing the Spread betting, CFD and FX. But for a lot of people this may be their first time so they may want to stick to the shares.

    In reality spread betting, whilst risky, is an easy concept to understand so it might appeal to first timers.

    What do you think?
     
    Upvote 0
    B

    Barnie

  • #17
    LicensedToTrade said:
    I'm into Connaught .
    Click to expand...

    and me, its a risky one but i do think some good gains are to be had over the next 12-36months


    im in for this, any way to cap amounts thought and start with 10k


    BB is a great way to get into it, one thing i would say is start with the cash you have to invest for real, ie if you have 5K in the bank to invest only use 5kof the 100, this will keep it more real so any gains or loses are real effect as oppose to monopoly money, you learn by mistakes far quicker then :)
     
    Upvote 0
    Scott-Copywriter

    Scott-Copywriter

    Free Member
    May 11, 2006
    9,601
    2,671
  • #18
    Barnie said:
    and me, its a risky one but i do think some good gains are to be had over the next 12-36months


    im in for this, any way to cap amounts thought and start with 10k


    BB is a great way to get into it, one thing i would say is start with the cash you have to invest for real, ie if you have 5K in the bank to invest only use 5kof the 100, this will keep it more real so any gains or loses are real effect as oppose to monopoly money, you learn by mistakes far quicker then :)
    Click to expand...

    I completely agree. I've signed up, and whilst I haven't had a chance to use it properly yet, I only plan on investing what I personally have.
     
    Upvote 0
    oldeagleeye

    oldeagleeye

    Free Member
    Jul 16, 2008
    4,001
    1,210
    Essex
  • #25
    BTW. Did start to do something like this myself but got side tracked on more important things. Small point then. New players really ought to get the Small Investers Chronicial cmes out on a thursday I believe and can be ordered from any newsagent or on-line.

    Has a wealth of info and a really useful few pages on jargon like what does P/E mean.

    Rob
     
    Upvote 0
    E

    Esk247

  • #28
    dagaul101 said:
    My problem with these type of sites, is when you start trading with real cash it becomes another level of stress, it's ok to play with fake money but when it's your own losing it takes on a different meaning
    Click to expand...

    i s'pose it depends on the level of commitment you want to give it. i'd never gamble a family home on whether or not BTs shares will go up but perhaps a few hundred or few thousand (if i had the spare cash).
     
    Upvote 0
    oldeagleeye

    oldeagleeye

    Free Member
    Jul 16, 2008
    4,001
    1,210
    Essex
  • #33
    I said I would join but what about the rules. Are you taking account of bid sell price spread etc. The problem other problem I see with these fantasy dealings is that they don't affect dealings in the market.

    While buying a £100K of BT shares for example wouldn't make didly squat difference - a director buying another £50K of shares in a small company would and the price overall rise by 10 15%.

    The same is true of the smaller recovery stocks and even more so. I invested £10K in one such company and the shares went up by 25% in 3 days and when my broker phone me at 8 pm on the night to ask if I wanted to sell I knew there would be another hike as his firm subsidery of a major market maker so I bought another £10K. This time the price more than doubled over the next week. Nice little tickle.

    rob
     
    Last edited:
    • Like
    Reactions: stugster
    Upvote 0
    LicensedToTrade

    LicensedToTrade

    Free Member
    Nov 7, 2009
    6,312
    2,133
    Suffolk
  • #34
    Aussie Dean said:
    I am registered under AusDean (obviously).

    Woohoo I am coming 4th/4th.

    C'mon...others! Join the league!
    Click to expand...

    I lost a load on connaught unfortunately so I've moved well done from first place. All my hopes rely on GCM!

    Eagle Eye - don't overcomplicate things! This is meant to be fun. We aren't camping in a tent in the garden and calling it a wilderness survival experience, it is what it is...fantasy. :D
     
    Upvote 0
    B

    Bri

  • #35
    I'm in, although I did join on the first day of the thread to try it out and not look foolish. I too am spending what I could really afford, went away from it yesterday thinking I'll sell those when I get back and they plummeted. I'm 50 squid down today on my stock.
     
    Upvote 0
    LicensedToTrade

    LicensedToTrade

    Free Member
    Nov 7, 2009
    6,312
    2,133
    Suffolk
  • #37
    I made a good recovery on my connaught losses. I made £500 profit on Mears Group (MER). I'm back in first place after dropping to the bottom this morning! I would recommend this one as a medium term holding seeing as they are in a good position to inherit connaughts contracts. :DI
     
    Last edited:
    Upvote 0
    Log in to reply

    Latest Articles

    Join UK Business Forums for free business advice
    Top Bottom
    Community
    Articles
    Menu