RE: Trading 212 free stock share worth up to £100?
(2020-04-28, 09:01 PM)pcabc Wrote: How are you finding it Trading 212. It looks like a no-brainer but but last time I moved accounts I found that the grass was not greener, it was just different grass.
Regarding mobile trading: Two things for me - I feel like I have proper ownership and control of my PC, but my mobile, not so much control. The other thing - how can you see a chart properly on a mobile screen. Really I like to sit back and have a good look zoomed in and out a bit. I still get suckered into taking positions when perhaps I should not some times. But with a mobile how can you get that proper look. I'm sure it encourages impulsive trading. The only two useful cases I can think of is if you want to get in intra-day but you have pre-planned what you wish to do and an existing order type would not cut it, or you have a position suddenly run away upwards and you want to take profits.
I'm a really big fan of Trading 212, for someone who doesn't have large capital it works great. I do not use the app a lot, I use the desktop version on my laptop and trading view. I do like the price alerts options a lot. I have a small log of prices I like on my notes app on my phone and then if the price is hit and I am out the house it allows me to actually make a trade which is a great addition as from 10-3 nowadays I'm out and about so I can't do the trades from home.
I'm sure many get suckered into a trade on it, it's almost too easy to execute an order. Luckily I had one today on NAT and luckly managed to leave a position i entered last week or so for a 40% gain. I exited the trade and then checked on my laptop when I was home, If I had to hang on and do it at home my gain would have been much smaller. I think it's like anything as mentioned by many traders have a plan and stick to it.