LSE Deals

LSE Deals & Discounts

1 hot deal
3* Central London Hotel from £38.25pn if you stay 4-8 nights (includes breakfast) @ LSE Vacations
246°Expired
Found 30th Jan 2015Found 30th Jan 2015
London School of Economics are letting out their student rooms all around central London this Easter and summer. If you stay between 4-8 nights you automatically get 15% off whic… Read more
Get dealGet deal

friends and family can enter the code ALUMNIDISCOUNT to get 10% off

jasee

Where? I've looked, couldn't find anything



Last summer I stayed at one of their student accommodation called Prince's Garden. I just booked through booking.com actually, I guess it might be too early that they haven't release the rooms yet.

I lived in Passfield hall for a year when I was a student in London! The breakfast is alright and it's a fab location...and I guess the accommodation is what you pay for...it is student halls after all!

yulu91

Imperial college does this as well



Where? I've looked, couldn't find anything

MrShed

I'd rather pay the extra and get somewhere really nice - recently stayed … I'd rather pay the extra and get somewhere really nice - recently stayed in Zone 1 in a 5* hotel for about double this price. Appreciate that this is personal preference but London is one of those places that never gets that cheap, but you can get a massive amount more value for money by spending a small amount more.



It depends on the size of the room, I think. £76 per person is more than I'd like to pay even if it was in zone 1 and 5*. I don't usually pay more than £60, but for that I have to go out to zone 5 or get too cramped near in. Oyster cards are your friends
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Share dealing a low £9.95 a trade (no annual fees) @ LSE (London South East part of JIM JArvis investment management FSA regulated)
70°Expired
Found 27th Feb 2014Found 27th Feb 2014
Ever considered share dealing??? This is a cheap and convenient way of buying / selling shares I recent left III.com as they started charging quarterly fees This LSE account is … Read more

dodgymix

Are you sure you know how much stamp duty is lolOn £2k it's a tenner??? … Are you sure you know how much stamp duty is lolOn £2k it's a tenner??? That's 0.5%Shares can often fluctuate 5 to 10%.. Most fluctuate 2 to 3 % a day so it's negliable



0.5% stamp duty + $10 trade commission + the spillage = at least 2% loss to begin with. So if you are lucky and your trade increase by 2% then you are even but if it goes down then.... Eventually you loose all your money. Every penny makes a difference in trading and 0.5% is a huge loss. If you are a trader you will know what I am talking about.

dodgymix

Are you sure you know how much stamp duty is lolOn £2k it's a tenner??? … Are you sure you know how much stamp duty is lolOn £2k it's a tenner??? That's 0.5%Shares can often fluctuate 5 to 10%.. Most fluctuate 2 to 3 % a day so it's negliable



Well If you are a day trader, you probably will do 10 trades, even a tenner per trade is 100 pounds, that is 3000 a month just for the stamp duty.

As far as fluctuation is concern i am not talking about penny stocks. Penny stock will kill you. That is gambling. That is only for the bigger professional traders who use computers and complex software etc. A normal trader with 100k can not compete with a person who play with millions.
Quality stocks fluctuate in fraction of the percentage.

But I hear if you trade CFDs you do not have to pay stamp duty. Any one have any idea if it is bad or good?

Original Poster

mryasini

Dear All,For a day trader, the stamp duty kills you because you will have … Dear All,For a day trader, the stamp duty kills you because you will have to do many trades. Is any one know how to avoid it? I was thinking to become a day trader.So far I know:If your trade value below 1k then you don not have to pay the stamp duty or if your shares are from overseas not registered in LSE or you buy shares offline i,e not in LSE working hours. But a day trader still get hit with the stamp duty in majority cases. Any one know any other technique to avoid it?Stamp Duty on shares is silly No other country charge it. Every other developed country citizens have opportunity to get rich but here. I wonder what is our government thinking?Do not get me wrong I am not against the tax. I believe taxation is key to development but it make more sense to tax people on their earning not before they even make it.



Are you sure you know how much stamp duty is lol

On £2k it's a tenner??? That's 0.5%

Shares can often fluctuate 5 to 10%.. Most fluctuate 2 to 3 % a day so it's negliable

Dear All,

For a day trader, the stamp duty kills you because you will have to do many trades. Is any one know how to avoid it? I was thinking to become a day trader.

So far I know:
If your trade value below 1k then you don not have to pay the stamp duty or if your shares are from overseas not registered in LSE or you buy shares offline i,e not in LSE working hours. But a day trader still get hit with the stamp duty in majority cases. Any one know any other technique to avoid it?

Stamp Duty on shares is silly No other country charge it. Every other developed country citizens have opportunity to get rich but here. I wonder what is our government thinking?

Do not get me wrong I am not against the tax. I believe taxation is key to development but it make more sense to tax people on their earning not before they even make it.

dodgymix, rogparki & mjccam,

Many thank for sharing your views. Your views and guides have helped me broaden my mind and I who never thought of investing in stocks am thinking of taking a plunge albeit with small amount.

Do you know some good group to follow on twitter or such services where I can get upto minute info very quickly rather than website where one company person has to first upload the information after writing the article.

Cheers!