The red line in the photo where I should be braking even shows a loss of around £200. As for your issue, there should be an option in Settings to turn off "1-click trading" so you can't accidentally make the same mistake again. I hope you don't actually trade on this chart type + phone. Press question mark to learn the rest of the keyboard shortcuts. I have seen a couple of posts on here re Trading212, but they don't seem to address the concerns that I have. Trading 212 - yay or nay? Which trading 212 account would be best for day trading? Cookies help us deliver our Services. Is trading 212 a good broker platform for day trading? Trade during the NY session/London overlap for better spreads. Posts must not be misleading or manipulative. I use a 4x time frame chart to confirm the trend. You're looking for a good entry and you want the market to move on side as quickly as possible. I originally found it attractive as it doesn’t have transaction fees like other platforms such as HL. What is the price at which you sold? Day trading on trading212 Trading discussion I'm interested in knowing how you guys day trade and how you pick your companies to you the people that day trade on trading212 (not cfd investing) I'm more a long term investor, but I would like to know how you guys do it. If you go into the settings turn 1 click buy off, then , when you click buy it takes you into another screen to confirm you actually want to buy rather than 1 touch and done. ISA/Invest I use both for long term investments but for day trading CFDs are a no brainer. If the 15 min chart is bullish and the 4 hour chart is bearish, I avoid trading… As a separate note, I’ve read quite a few posts on this sub reddit and there seems to be quite a negative perception on day trading. Can anyone offer their thoughts as to why? Surely this is just more profit? The graph that you are looking for shows bid prices only. The leverage on most stocks is 1:5 so not that high. The quantity? All posts must relate to Trading212 or discussion on trading and investing. And even when the bid price is lower than your price, nobody is hitting it. r/trading212: The community subreddit for the discussion of Trading 212 investment and trading platform. Obviously there is the other option of CFD, although I’m not interested in leverage so I’ve presumed to just discount this option. Give day trading a try with some small amounts and see how smart you think it is. Happy to stand corrected as I am a novice! Press question mark to learn the rest of the keyboard shortcuts. Referral links are only allowed within the dedicated post. For day trading I use 15 minute chart and I confirm the trend on a 1 hour chart. Every trade starts as a scalp. Yeah I've no interest in trading crypto, i know very little about it, New comments cannot be posted and votes cannot be cast, Press J to jump to the feed. I was under the impression that this was a legitimate technique that many day traders use, with quick buying/selling taking advantage of small opportunities? By using our Services or clicking I agree, you agree to our use of cookies. Hopefully will learn a thing or two from your responses! Press question mark to learn the rest of the keyboard shortcuts. Honestly, this app looks like total scam. It seems like there is no trading on this platform at all. Please let me know if I’ve not understood this correctly. I am currently a student so I work full-time in order to save up money to use for trading and whenever I lose more than usual or make a stupid mistake it really hurts because I know how hard it was to earn that money. I have been trading for just over an year now and sometimes I lose hope that I will ever become consistently profitable and trade for a living. Unless you have large amounts of capital then CFDs are the only way to make good returns. Most people use the CFD platform for gambling essentially or they're cluelessly trading since the platform is available to anybody. Experienced and beginners to trading and investing are welcome! Which trading 212 account would be best for day trading? Not really sure of the benefit of choosing the Invest account over the ISA account, as gains from the ISA account is tax free? I set a take profit that was hit over 5 times during the night however position didn't close and still shows around -£200. Obviously I wanted to close the position ASAP however there has been an issue. For swing trading you can use 30 minute chart and confirm the trend on the 4 hour chart. Doesn’t help on this but maybe in future. Is trading 212 a good broker platform for day trading? If you buy at ask price, nobody is going to hit you when you want to close the position, even if you set a take profit lower than your price. Thanks for your detailed response - very helpful! I take it from your comment on day trading that you have the same opinions? ISA is the way to go if you’re not interested in CFD. I'm struggling to get in contact with trading 212 and don't know if I should close the position or wait for the issue to be resolved. I’ve researched on technical analysis for the past 4 weeks and can see the risk with day trading, but it’s the same with any type of investment. There's no restrictions for day trading on ISA and Invest, https://community.trading212.com/t/is-day-trading-allowed/5606, New comments cannot be posted and votes cannot be cast. It is a very attractive option due to no commission, zero spread pairs, etc., but having done some extra research online it seems that they have a business model that effectively amounts to a scam with a pretty platform. And the loss that you are getting is based on ask price. The same thing is for long position. Experienced and beginners to trading and investing are welcome! Press J to jump to the feed. Its difficult to day trade on the Invest/ISA platform as if you scalp or anything like that they will ban you. I thought the main thing was looking for patterns, both with price action and oscillators, and use a stop loss to mitigate the risk. It's not 1 tick 100 trades a day. The community subreddit for the discussion of Trading 212 investment and trading platform. I would suggest you practice with CFDs for 1 year minimum on Trading212 practice account. Set the leverage to retail (automatically it is set to pro) and trade stocks. Quick question on scalping, is this not permitted with trading 212? It's definitely not the spread, it's included in the price. The community subreddit for the discussion of Trading 212 investment and trading platform. Not really sure of the benefit of choosing the Invest account over the ISA account, as gains from the ISA account is tax free? I learnt the hard way too! Press J to jump to the feed. Experienced and beginners to trading and … Scalping is the art of reading the order flow and identifying short term momentum. Apologies for the somewhat novice ideology with this post. They will not ban you. Last night I accidentally took a short position by accidentally clicking while scrolling through the platform, I wasn't asked for conformation, it processed instantly. I originally found it attractive as it doesn’t have transaction fees like other platforms such as HL. The only way to break even is to wait when ask price becomes equal to your position price and you can hit it. Regardless of what trading you want to do, you should learn to scalp.

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