Trading the stockmarket (NO Referrals)

[413x]

I have bought in a little UK security company that's doing well. But there's no specific news as to why. RNS recently have been great. But I'm up 40 percent on it. And it's quite small.
CNS.L if anyone wants to check it out.

This has done really well. Im up a lot (about 80 percent).
Order book and pipeline looks great.

May need a new isa as it isn't available in t212 and if it keeps going like this who knows.. May end up with CGT bill!

Ytd it's up 220 percent

 

[HoneyBadger]

I wish I understood this a bit better. Need to start upskillling. I’ve got some funds and want it to work for me. I watched some youtube videos and on Trading 212, create my own pie but that didn’t perform well.

 

[ShadowMan]

Nvidia up in the premarket.

Typical this. It hit my stop loss the other day and auto sold. Didn’t buy back in when it dropped to 129.

I’ve had my profit out of it. In at 111 and out at 133. so will leave it alone for now as it’s too volatile really for me.

 

[Minstadave]

I wish I understood this a bit better. Need to start upskillling. I’ve got some funds and want it to work for me. I watched some youtube videos and on Trading 212, create my own pie but that didn’t perform well.

First thing is to get those funds in a S&S ISA.

Personally I'd get that money into an ETF than buying individual shares initially. These are funds managed by institutions like Vanguard and can be pretty much set and forget.

 

[200sols]

I wish I understood this a bit better. Need to start upskillling. I’ve got some funds and want it to work for me. I watched some youtube videos and on Trading 212, create my own pie but that didn’t perform well.

Just buy an index tracker and never look at it until you need it in the distance future, honestly you'll do much better than most of these traders.

 

[413x]

Just buy an index tracker and never look at it until you need it in the distance future, honestly you'll do much better than most of these traders.

This. Don't look at single stocks. Once you do is hard to stop!

 

[Andreworex]

Did you get stung for CGT?

No, it was all in my ISA - still is but in the T212 5.1% until the house is purchased anyway!

 

[HoneyBadger]

First thing is to get those funds in a S&S ISA.

Personally I'd get that money into an ETF than buying individual shares initially. These are funds managed by institutions like Vanguard and can be pretty much set and forget.

Not sure what an ETF is, but will learn, thank you. I have £20k in an ISA on trading 212 at 5.1%, as does my wife. Can I have a cash ISA and a stocks and shares ISA?

 

[HoneyBadger]

Just buy an index tracker and never look at it until you need it in the distance future, honestly you'll do much better than most of these traders.

Can I do that on Trading 212?

 

[Minstadave]

Not sure what an ETF is, but will learn, thank you. I have £20k in an ISA on trading 212 at 5.1%, as does my wife. Can I have a cash ISA and a stocks and shares ISA?

Yup you can have both. Max 20k a year input across your cash/S&S/lifetime ISA.

 

[arknor]

This. Don't look at single stocks. Once you do is hard to stop!

I do great with single stocks
250m > 50b market cap seems the sweet spot for me.

need to do a lot of research and then there's still a lot of luck involved really.

avoid stocks if you personally use their products imo... especially for the big brands everyone knows, they already peaked 99% of the time

no point catching a train that already set off without you.

Rocket Labs could be massive if they ever stop losing money for example.

I'd hope everyone atleast has a token amount of that for their grand kids

 

[413x]

I do great with single stocks
250m > 50b market cap seems the sweet spot for me.

need to do a lot of research and then there's still a lot of luck involved really.

avoid stocks if you personally use their products imo... especially for the big brands everyone knows, they already peaked 99% of the time

no point catching a train that already set off without you.

Rocket Labs could be massive if they ever stop losing money for example.

I'd hope everyone atleast has a token amount of that for their grand kids

Yeah but you're good at it! I am not

My Buy for crowdstrike has been a good one.
Nicely up and with a stop added I shouldn't get caught out by a decline. If find out it's lost customers.

 

[arknor]

trading212 web UI changes....


They list stonks is order of value instead of alphabetically now.... that means your stonks tickers aee never where they were the last time you looked...

no one who actually uses the service would do this surely? if anything the lowest value positions are probably the ones your recently opened and want to be keeping an eye on.


It's like walking in a library and the books are organised by value

 

[TheGamingGeneral]

I somehow slept on the fact that Trading 212 has a free ISA so set one up and been funding it over last few weeks. I have a GIA with free trade not an ISA, honestly, it's in the red because of dumb *** meme stocks so I wasn't worried about tax but I am now getting close to breaking even so I wanted to make sure it's as efficient as possible.

There doesn't seem to be a way of transferring my freetrade shares to trading 212 unless both are ISAs? I presume I'd have to either wait until next year and open a freetrade Isa, move from GIA>ISA and then move that to T212. Or else sell my freetrade positions, move cash back to my bank account and then back out to T212? Unless I am being thick there's an easy way to do it?

 

[Minstadave]

The T212 ISA looks loads better than Moneybox (much better forex fees/no monthly fee), what's the catch?

 

[TheGamingGeneral]

I understand they make a lot of money out of the CFD arm which most of the other providers (any?) do not offer, so they can be more generous when it comes to the ISAs.

 

[Minstadave]

I understand they make a lot of money out of the CFD arm which most of the other providers (any?) do not offer, so they can be more generous when it comes to the ISAs.

I'm on Moneybox and the fees are obscene. They charge 0.45% on buying and selling of US shares plus 0.45% of your portfolio a year.

 

[englishpremier]

The T212 ISA looks loads better than Moneybox (much better forex fees/no monthly fee), what's the catch?

There's no catch given it's an ISA, and you can still get the free share worth up to £100 (it's never £100), for opening one with the right referrals. Of course that's how this thread got the "no referrals" bit added to the title, so you'd have to find that on your own.

 

[200sols]

I'm on Moneybox and the fees are obscene. They charge 0.45% on buying and selling of US shares plus 0.45% of your portfolio a year.

Why are you with them then?

 

[slinxy]

I somehow slept on the fact that Trading 212 has a free ISA so set one up and been funding it over last few weeks. I have a GIA with free trade not an ISA, honestly, it's in the red because of dumb *** meme stocks so I wasn't worried about tax but I am now getting close to breaking even so I wanted to make sure it's as efficient as possible.

There doesn't seem to be a way of transferring my freetrade shares to trading 212 unless both are ISAs? I presume I'd have to either wait until next year and open a freetrade Isa, move from GIA>ISA and then move that to T212. Or else sell my freetrade positions, move cash back to my bank account and then back out to T212? Unless I am being thick there's an easy way to do it?

You can’t transfer shares from a GIA into an ISA even if it’s on the same platform. You have to sell them (bed) and then transfer the cash into the ISA.

I had to do that with most of my GIA this year hence why it’s totally in the red at the moment as anything that was green got sold, cash transferred into the ISA where it was used to buy different shares.

There’s no reason why you can’t do it this year now that you can have serval ISA accounts, unless you gone over the 20k isa limit.