[Tengocity]

Originally Posted by JLR1969

We are going back to 2010 I was playing with companies such as

Desire Petroleum
Rockhopper
Encore Oil
Premier Oil

All high risk.

Ultimately I made a lot of money with Imperial Tobacco shares which more than offset the losses on oil but I still lost money on the oil shares.

I don't dwell on it or have regrets but it's an easy game to get sucked into.

The money I lost did not change my life and if I didn't lose it it would be just sat in the bank with the rest so my life in essence is the same.

I am just putting it out there as I have seen it all before.

Ah ok, makes sense now. Oil is one of the few sectors that's suffered recently I guess.

I've only owned a few individual shares over the years myself, mainly just tracker funds, as I know that I don't have any rationale for investing in one over the other.

Even with my company shares I tend to sell them when they vest and then put them in to something else to spread the risk.

However, now that I use Etoro I was thinking I should maybe do a little more individual stock picking as it takes seconds. Quite often I will read a finance or business article and think that buying some shares in a company that might be going places, or is a takeover target potentially might be worth a punt.