RE: Beginners Questions
(2019-03-03, 03:36 AM)sbradwell Wrote: Great Watch-lists so thank you Isa, learning lots and studying Stan's book. making great progress but good lord, very very few stocks on the watch list are on my trading platform, Trading212. May have to make a change. I am a very small time newbie trader at this time and trade using online platforms. But as i said. 9/10 stocks on the main stocks watch-list posts are not listed on my platform. Do some trading platforms have larger market listings than others?. Is anyone able to shed a little light or suggestions for alternative trading options keeping in mind i trade below $1000 so no exclusive or high buy in services.
Thanks sbradwell, I'm glad it's helping. As to your trading platform. I've had a look at Trading212, and it seems to be what was called freetrade originally - which is a new entrant to the UK broker market that's trying to disrupt the pricing structure, by offering trading for free in the same way that Robinhood does in the US. However, it is very limited to mostly UK stocks and European stocks, and only the large cap US stocks, of which not many will appear on the daily watchlists, as they don't tend to have the volume characteristics that the method requires.
I'm assuming that you are in the UK from your broker choice, and with only a limited account size your best option might be to use a spreadbetting company instead, as they have low barriers to entry on trades and have more access to US stocks, as they basically lend you money each day and charge you daily rolling interest, which if managed carefully can let you trade with low costs.
However, if you are just starting out, then it may be more worthwhile demo trading with a live account, as it can take a long while to become consistent. So I'd recommend getting one with IG Index, as they have good access to the US markets.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.