Save time and automate your trades with a Target Setting Trade Plan
IwebShareDealing allows you to pre-set buy and sell prices in advance. So you don’t have to watch a screen all day. They call this function a Trade Plan and offer several types - one of which is termed “Target Setting.” It triggers a sell automatically when either the profit price target or the stoploss price is reached. Thus it maximises profit when share prices rise and protects against losses when they fall. You should use this every time you trade.

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Paper trading teaches you to stop cheating (ignoring losses),  to experiment with different stoploss strategies, to buy and sell quickly & decisively, to develop a thick skin and a comprehensive trading strategy with a duty of care which will work in depressed and boom markets.

Shares are like boats in a harbour. They all rise when the tide comes in.

Sell shares in May and buy back near Derby Day.

All Shares have their own price character. So pick nice and easy ones.  

Shares are not for every one like procrastinators and perfectionists.

If you can’t make money in shares, you’ll lose it faster with options, contracts for difference and spreadbetting.

 The Stock Market is like a cruel, rich, fickle mistress who loves to wound you, then reward you.

 It seems the Stock Market knows when you trade without a stoploss, you always lose.

 Only skilled traders can survive in the Stock Market jungle and make money in a crash.

 Why are they called Stockbrokers? Because you get stocks and become broker.

You’ve got to serve your market apprenticeship in time and money - before you become a successful trader.

You’ll improve faster if you practice, trust your instincts and calm your emotions.

You’ve got to hold for the short term to make money in today’s markets and ignore what the fat cats say.