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I’ve been using Trading 212 for a few months now with a practice account to see how it works as I’m relatively new to learning about the industry. I started my account with £200 and on a daily basis have been seeing a return of £150-£300 profit for roughly 2-3 months. Obviously not easily, it takes patience and perfect timing and also dedication with it only being practice money. I have been trading using Forex only, buying £100 worth at a time (+/- a couple of pounds) and closing my position when it shows between +£25 and +£50. As this would be my first time using real money, I’m just curious: Given I used the same strategies I am using now and given the market behaves the same way, would it be realistic to expect the same return daily give or take. Obviously taking into consideration commission. Thank you for any answers and advice in advance.
First time posting so be gentle. I'm in my late 30s, is it too late to learn trading/forex? Is it a young person's games ie eyeballs glued to monitors 24/7?
Hey all. I'm looking to start using the trading 212 app for forex, is this a good or bad idea?. Are they a broker too so I wouldn't need a separate brokerage account and what are their fees/spread like? I'm a Forex newb so I apologies for the simple question. I just can't find a good broker for beginners with low costs and that link up with MetaTrader 4/5. Thanks!
Would appreciate hearing people’s opinions of using Trading 212 for forex trading. Have you traded Forex on T212? How did you feel it performed against other Forex platforms? Did you use it for day trading or more long term investing?
Is it necessary to follow a particular strategy(or make one) in forex trading? Cant we just make some good gains with support resistances, Chart patterns, Candlestick patterns and fundamentals?
$mmtlp $mmat Key updates includes AST transfer, synthetic shares and Trading 212. Plus Metamaterials shareholder letter reviewed looking at the upcoming opening next week.
Trading 212 using unethical practices and trying fleece there customers by removing the spread Information before you buy. sort it out Trading212
Trading 212 think they are smart and think retail customers are dumb. When you purchase a stock you can not see the sell price or spread before you buy. 2-3 ago weeks the information was there and now they have removed it on purpose to only show once you sell My theory is Trading 212 have done this because they have a bunch of new beginner customers that have been on the waiting list to the platform and are trying to take advantage of the new customers who don’t know better. I spoke to the the live chat and they said they will be releasing a statement soon about it. Everybody who uses trading 212 should report and complain for this unethical practice this is not right.
Hello, I have been trading since the start of the pandemic, and I'm now at the point where I get payouts ranging from 400k - 950k php. I've always been told that forex trading is not yet taxable here; but now that I'm earning a hefty sum every month, I wanted to be sure. Do note, these profits are not gains from my own money, but rather a prop firm's. Prop firms are trading companies offering equity to traders who have passed their challenges/tests. Once passed they are given an account (usually demo accounts) and whatever profit the trader makes on that account, they are given a percentage. In my case, I have a 100k usd funded account with a prop firm in which I get paid out biweekly. Should I be doing something about taxes, may kailangan ba gawin para maiwasan ang kung ano mang complications in the future? I have no knowledge whatsoever about taxes and whatnot, all I know is how to trade. Thank you. edit: Took out the prop firm’s name as someone got triggered and called this post a scam advert. It’s not, I really am just looking for tax advice.
I’m trying to invest into forex as an 18 year old to fund for university. I’ve been meaning to move to Canada in fall 2023 from the uk for universities for personal reasons. I have around 330 pounds to begin with. Any tips?
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