Trading the stockmarket (NO Referrals)

Warning!

Something I didn't realise, and why I'm glad i only put £2K in last night - £1k in VRWP and £1k in VEUA....

My 'Buys' didnt go in when I hit 'Buy', they went in later (after the slight re-bound) - I guess with ETFs they only buy at certain intervals, or is it T212 that only buy at certain intervals??

So I'm down about £53 on a £2000 investment... and counting.


ETFs are not for trying to buy in little dips/day trading!!!!



 
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Warning!

Something I didn't realise, and why I'm glad i only put £2K in last night - £1k in VRWP and £1k in VEUA....

My 'Buys' didnt go in when I hit 'Buy', they went in later (after the slight re-bound) - I guess with ETFs they only buy at certain intervals, or is it T212 that only buy at certain intervals??

So I'm down about £53 on a £2000 investment... and counting ETFs are not for trying to buy in little dips/day trading!!!!



Wasn't it just a case the market was closed for some of the stocks when you hit buy?
 
A red day, but is it a buy day?
I got burned during the pandemic with that approach.

I piled into several stocks that fell off the proverbial cliff on the basis of "this'll all be over in a couple of months & I'll make a killing".

One example is EasyJet - I think it was trading around £8-£9 pre pandemic and had dropped 20% when I bought. It subsequently fell below £3 over the following 18 months & to date don't think it has even made it back to £6.

Worst of all was Cineworld. Well, let's just not go there - it's no longer trading & I lost everything.

Fortunately, I was only in for relatively small amounts & other stocks in my portfolio counterbalanced the losses but I ended up cashing in and putting the money towards my mortgage instead.
 
I got burned during the pandemic with that approach.

I piled into several stocks that fell off the proverbial cliff on the basis of "this'll all be over in a couple of months & I'll make a killing".

One example is EasyJet - I think it was trading around £8-£9 pre pandemic and had dropped 20% when I bought. It subsequently fell below £3 over the following 18 months & to date don't think it has even made it back to £6.

Worst of all was Cineworld. Well, let's just not go there - it's no longer trading & I lost everything.

Fortunately, I was only in for relatively small amounts & other stocks in my portfolio counterbalanced the losses but I ended up cashing in and putting the money towards my mortgage instead.
Airlines and Cinemas under a pandemic was always risky, Netflix and Amazon was the way to go
 
Warning!

Something I didn't realise, and why I'm glad i only put £2K in last night - £1k in VRWP and £1k in VEUA....

My 'Buys' didnt go in when I hit 'Buy', they went in later (after the slight re-bound) - I guess with ETFs they only buy at certain intervals, or is it T212 that only buy at certain intervals??

So I'm down about £53 on a £2000 investment... and counting.


ETFs are not for trying to buy in little dips/day trading!!!!
noobie tax....

When placing orders when the market is closed, orders are done FIFO or largest first depending on the platform.

It's worth placing order limits in.. so you don't buy at the peak and suffer the pull back... I personal try not to purchase shares in the first two hours of the day, that's when all the robo and pro traders are doing it, the the dust seattle. Us small fish needs to pickup the scraps.
 
Warning!

Something I didn't realise, and why I'm glad i only put £2K in last night - £1k in VRWP and £1k in VEUA....

My 'Buys' didnt go in when I hit 'Buy', they went in later (after the slight re-bound) - I guess with ETFs they only buy at certain intervals, or is it T212 that only buy at certain intervals??

So I'm down about £53 on a £2000 investment... and counting.


ETFs are not for trying to buy in little dips/day trading!!!!



Those ETF are traded in London trading hours. Did it not state 'market closed'?
 
Yeah I've been getting too obsessed hitting t212 as soon as I get home , trading on the toilet , trading if I wake up early hours (24/5) think I need a break ,leave my long terms to fester (err I mean grow)

I hear some of the best deals are done on the WC :D. I just remembered to top up bath and body works :)
 
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