Im looking at putting some spare cash to work and want to start trading shares but with so much information about whether to trade equities, options, forex etc and whether buying shares or speadbetting is cheaper on tax Im looking for people with a bit of experience to narrow down the learning curve.
I work during the day so will be trading/betting in the evenings on the US markets. I want to cover both short term and long term gains by buying and holding long term stock for the dividends but the short term trades (daily/weekly/monthly) should I buy the shares or bet on the price, which option is the most tax/cost efficient?
Trying to read about and learn all the aspects of trading will keep me busy for years so any advice on which areas/styles I should focus on as a starting point would be appreciated.
Thanks
Try The Share Centre, they offer a free practice account where they give you £15,000 fantasy money to trade with how you please, it is great for practical trial and error without losing any money and you can use it as much as you like. They also offer free online trading guides, have a look at
http://www.share.com/a/try-trading-now-practice-account.html
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