Howdy Anyone on here play with a little side money on Trading 212 App? I’ve been practising for a while and have chucked in a few thousand to start off with. My friend does it, started off 5 years ago and now has a substantial amount so it’s quite interesting to see his methodology. I’m getting quite into it, converting slowly a spare room into a trading office. Was interested if any other members are into it?
it is. Totally free, best app on the market and a few really intelligent people on YouTube talking about what they invested in, why and when to sell....
This guy is nailing it right now. Not sponsored by anyone and just gives such sound and wholesome advice.
I never gamble ever now, I have done in the past but only on fruit machines the £100 payout ones when I was much younger was about my limit. I've met a couple of professional gamblers on my travels but I reckon I'd be crap at it, I don't even touch the lottery. So that's me out, good luck though sounds like I'd get sucked into it though as my self discipline in some things is none existent.
I’ve got a few hundred quid invested through the AJ Bell app. It’s more of an amusement than a strategy to get rich. Looking to see what happens at Rolls-Royce over the coming weeks.
I don't day trade on it as it where but do invest. Have sold and rebought a few things this week as there's been some insane jumps. Boeing and Nikola are a couple. However I keep things like BP and keep adding to them as a solid base. Was worried about another crash last month so pulled everything out so have just gone back in with 25% off my available cash on the cautious side. BP is currently 25% of my portfolio, I robot and Nikola about half. Remaining 25% Boeing. Boeing alone boosted me like 200 quid on Friday.
Good skills Bondy. I made some nice margins on Aston Martin this week. Plus a week or two ago, a few of the Aviation companies were on the rise.....
Noice. Not meaning to suck egg teach mate but have you utilised your 20k isa wrap yet? If not move it into there.
Kinda brings to mind Lance Armstrong this talk of small investments. When he was required to repay his 'bet' with some American company after he's tested positive and stripped of his TdF titles he had to use his Uber shares. Something someone else invested for him as such, lucky Lance.
It looks pretty interesting, it was the costs per trade that always put me off before as can make big dents in a smallish amount of capital. Do you day trade or are you holding onto stock longer term? How much time are you spending on either research or just actually trading?
I have a grand each in Boeing & American Airlines that I bought end of Friday and may sell if it gets a decent bump tomorrow. Either way if it doesn't I'll hold and sell later, Americas aviation is gonna be opened up by Trump zombie apocalypse or not. My BP will be with me forever + my Irobot shares will be mid to long term also. Well see how it gets on tomorrow troops.
I managed to pick up my Aston shares at 36p! So going to sit on them for a while. Also got A small stake in BP. But was going to keep a close eye on RR prices.
I cannot see RR folding, definitely would see a return. Only question is how long, investing is always smarter than trading so yeah, its a maybe.
This app is great for investing, it’s zero commission and like you, that’s a make or break for me. Longer term is my plan. This is 100% a long game, just like my business, slow and steady wins the race.... Research is probably the biggest chunk of time, 1-2 hours a day, every day. I work with quite a few hedge funds in a completely non-related financial way, but I get to know some of the big cats and drop in that “So, which company is peaking interest this week?”. It all helps. After 12 months, depending on stock percentages and I’m actually in the green, I would invest each month, same amount as I would a pension. A good friend of mine did the same and over the years, now has £280k invested, of which around £100k is his own money, so he’s doing alright, over a 5 year period. But he spends 2-3 hours a day on this and reads like a book a week on it. I’m pretty sure he’s a virgin, he spends that much time on it. Anyways, I’m loving it. I genuinely think I can do ok on it, not life changing but better than paying into a pension each month....
I've just started doing this as well through the II platform as shares were crazy low a few months ago. It seemed a no brainer, I only wish I had taken the plunge earlier and invested more, but still learning. Have seen 20% growth so far.....i had to take money out of my pension, for other reasons, and invested what was left over rather than have it in the bank at zero interest.
AA has had like a 91% increase in the last month. Predicting a shoot up at 14.30 when the market opens.
I lost £85k when the markets crashed in 2008, blew away my chances of early retirement overnight. I never invested in stocks again and now, finally being retired, I don’t have money to lose, just money to spend on enjoying myself and growing old disgracefully. Andy
Aye I know one or two chaps that lost similar amounts in March, but they haven't pulled out there just gonna wait till it regens. Touch thing to experience I imagine but a drama every 10-12 years is fair risk I suppose. I'm just ensuring I haven't got everything in the kitchen sink in there, spread it out over a bunch of stuff and make sure my property is paid off ASAP, so no matter what happens, I'll have that to fall back on.
