Online trading

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Yoshimi
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Joined in 2008
Location: Near Edinburgh

PostOnline trading
by Yoshimi » Tue Mar 03, 2015 9:01 am

Has anyone else had a play with Trading212 or similar websites? I've been messing about with it occasionally for 2 weeks, and have managed to increase my £10,000 practice account to almost £24k.

I'm very tempted to put in some real money, but I wonder if there are catches.

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Errkal
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Location: Hastings
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PostRe: Online trading
by Errkal » Tue Mar 03, 2015 9:05 am

The main catch would be loosing your money.

You use "live" data for practice usually so if you can do it there in theory you can with real money. I imagine when you run with real money you dont risk as much as you do with practice money as you dont want to loose it, but yeah if you can make money on practice you should be able to with real money.

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Green Gecko
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Location: Sussex
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PostRe: Online trading
by Green Gecko » Tue Mar 03, 2015 11:15 pm

This reminds me of this newbie trading documentary I watched... they were practicing with live data and then were let lose on the markets. Man that really looks like it's opening the floodgates to be shitting bricks, because a lot of it is a mixture of luck and being extremely analytical very fast, and having an almost psychopathic coping mechanism for taking risks. :dread: It's pretty much gambling but with real stuff. I'm not much of a risk taker though.

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