RE: Trading 212 free stock share worth up to £100?
(2020-04-28, 09:01 PM)pcabc Wrote: How are you finding it Trading 212. It looks like a no-brainer but but last time I moved accounts I found that the grass was not greener, it was just different grass.
Regarding mobile trading: Two things for me - I feel like I have proper ownership and control of my PC, but my mobile, not so much control. The other thing - how can you see a chart properly on a mobile screen. Really I like to sit back and have a good look zoomed in and out a bit. I still get suckered into taking positions when perhaps I should not some times. But with a mobile how can you get that proper look. I'm sure it encourages impulsive trading. The only two useful cases I can think of is if you want to get in intra-day but you have pre-planned what you wish to do and an existing order type would not cut it, or you have a position suddenly run away upwards and you want to take profits.
I'm a really big fan of Trading 212, for someone who doesn't have large capital it works great. I do not use the app a lot, I use the desktop version on my laptop and trading view. I do like the price alerts options a lot. I have a small log of prices I like on my notes app on my phone and then if the price is hit and I am out the house it allows me to actually make a trade which is a great addition as from 10-3 nowadays I'm out and about so I can't do the trades from home.
I'm sure many get suckered into a trade on it, it's almost too easy to execute an order. Luckily I had one today on NAT and luckly managed to leave a position i entered last week or so for a 40% gain. I exited the trade and then checked on my laptop when I was home, If I had to hang on and do it at home my gain would have been much smaller. I think it's like anything as mentioned by many traders have a plan and stick to it.
RE: Trading 212 free stock share worth up to £100?
(2020-04-28, 09:25 PM)Joe725 Wrote: I'm a really big fan of Trading 212, for someone who doesn't have large capital it works great. I do not use the app a lot, I use the desktop version on my laptop and trading view. I do like the price alerts options a lot. I have a small log of prices I like on my notes app on my phone and then if the price is hit and I am out the house it allows me to actually make a trade which is a great addition as from 10-3 nowadays I'm out and about so I can't do the trades from home.
On your laptop - is there a web front-end or is it an application you download? I'm only interested in a web front end.
(2020-04-28, 09:59 AM)isatrader Wrote: NYSE and Nasdaq Cumulative Advance Decline Lines - Positive crossover of the 10 and 30 day EMAs in the last few days, and both of the NSE and Nasdaq Cumulative lines have closed above recent highs their declining 50 day MAs.
I'm sort of seeing that two on the 50 day SMA's of the advance decline for the NASDAQ100 (approximate). Unfortunately I lost my NYSE feed so I'm calculating my charts form (approximately) the Russell 3000 constituents and and a few others. Problem is, even with the Russell 3000 some of the stock data looks junk - perhaps there are a few that are too thinly traded to be meaningful.
Unfortunately now I cannot make direct comparisons with your charts as the basis for mine is a bit different. They should be similar though.
Regarding the 10 and 30 day EMAs - did you pick those for a reason, do they have any special significance?
RE: Trading 212 free stock share worth up to £100?
(2020-04-28, 09:37 PM)pcabc Wrote: On your laptop - is there a web front-end or is it an application you download? I'm only interested in a web front end.
Its a web front-end, no application needed. The charts are okay on it too for the basics. Worth checking out.
(2020-04-28, 09:43 PM)pcabc Wrote: Regarding the 10 and 30 day EMAs - did you pick those for a reason, do they have any special significance?
There was a reason. But I can't remember exactly now as I set it up around 10 years ago. But I do know the McClellan Oscillator https://www.investopedia.com/terms/m/mcc...llator.asp is made up of the 19 day EMA and the 39 day EMA of the advance decline line data. So the 10 and 30 day EMAs that I use are just a bit faster and obviously tie in with Stage Analysis.
I think with things like these you could use any combination of short and medium term MAs and the results wouldn't be much different. i.e isn't the MACD a 12 day EMA – 26 day EMA for example.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
(2020-04-28, 09:43 PM)pcabc Wrote: Regarding the 10 and 30 day EMAs - did you pick those for a reason, do they have any special significance?
There was a reason. But I can't remember exactly now as I set it up around 10 years ago. But I do know the McClellan Oscillator https://www.investopedia.com/terms/m/mcc...llator.asp is made up of the 19 day EMA and the 39 day EMA of the advance decline line data. So the 10 and 30 day EMAs that I use are just a bit faster and obviously tie in with Stage Analysis.
I think with things like these you could use any combination of short and medium term MAs and the results wouldn't be much different. i.e isn't the MACD a 12 day EMA – 26 day EMA for example.
If it has worked well for you that is explicitly a good reason to not change it. I've been using 20 day SMAs for a while, I think from Trendavisor, but it is a popular time period. I formed the impression for recent years that 150 day MA was very slow and 50 day SMA was still quite slow for a trader. So the 20 day SMA is my 'is it above the 20 day SMA then just leave it alone' test.
(2020-04-28, 10:44 PM)isatrader Wrote: There was a reason. But I can't remember exactly now as I set it up around 10 years ago. But I do know the McClellan Oscillator https://www.investopedia.com/terms/m/mcc...llator.asp is made up of the 19 day EMA and the 39 day EMA of the advance decline line data. So the 10 and 30 day EMAs that I use are just a bit faster and obviously tie in with Stage Analysis.
I think with things like these you could use any combination of short and medium term MAs and the results wouldn't be much different. i.e isn't the MACD a 12 day EMA – 26 day EMA for example.
Interesting, as I've effectively been using the adjusted net advances to calculate my advance / decline line so I am more than half way to that indicator if I so wish anyway.
(2020-04-28, 11:16 PM)pcabc Wrote: If it has worked well for you that is explicitly a good reason to not change it. I've been using 20 day SMAs for a while, I think from Trendavisor, but it is a popular time period. I formed the impression for recent years that 150 day MA was very slow and 50 day SMA was still quite slow for a trader. So the 20 day SMA is my 'is it above the 20 day SMA then just leave it alone' test.
I think it all depends on the typical holding period for a stock. i.e. if you are going to hold for less than a month then the 10 or 20 day MAs should capture most of a momentum move from a breakout, whereas if you are looking to hold for multiple months, then the 50 day MA generally contains most strong uptrends with an occasional pullback to it, or even below it for a few days.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
