February 5, 2012

Become an amateur share trader – advfn.com

We’ve all heard about city traders making a small fortune so here at the office we started thinking that it may be time for us to get in on the act. Stop we hear you all shout the markets are in a state but from what I hear there is money to be made.

That’s why when we were asked to do a review of www.advfn.com we thought it was a really good opportunity to see how this share trading stuff works. At first the site is a bit daunting – loads on numbers with them changing as the City makes it’s move but if you’ve got a few shares and want to know when and how to sell them you can’t go wrong with this site.

The advice from all those in the know is that you should watch the market – don’t just buy a share when it is on the up but try and predict when this is likely to happen. For this you need a tool that can can give you the inside track on a stock or share.

That’s where ADVFN.com helps. You can look at the history, read reports and even get analyst predictions on what will happen (this part has a small fee of course) but it can help turn you into a real city whizz kid (or at least give you an impression that you are one (starting to shout BUY or Sell is not how you do it!!!)

All in all the site is very useful but sometimes a little confusing because that is the nature of the market. I’d recommend the site to anyone as the basic information is free (what we all like) and if it works for you in the future you can upgrade.

A solid four stars.