So Iāve put a market order in for 25k PHE (powerhouse energy) on Friday, didnāt execute. This morning market opens, didnāt execute, it jumps 12% still didnāt execute, then I get a message to say my order has been cancelled now due to insufficient funds!!?? A big part of investing is buying the dips, taking the opportunity at just the right moment, this is simply not possible at the moment with AIM listed instruments, why is this service so slow?? This is so frustrating!!
I think 212 is a brilliant trading app, it works well, itās smooth, and the ability to instantly upload funds to jump on your investments at speed is without doubt the best feature for me, however, all that is absolutely pointless if the market orders fail to execute on time!!! Please, please, please try and sort this.
@phildawson what source are you using for the trades, and does it help clearly define on/off book trading? Just thinking while we only have DMA, we could possibly request 212 to add on DMA liquidity to the app?
If you see in that screenshot it has O next to Type, thats an Ordinary market maker trade.
The UT being the 9am auction uncrossing.
Another way to view is directly with LSE on that link you shared, youāll see off-book on all of them. It doesnāt show bid and ask at the time though.
Be careful. Regardless of whether or not you were too slow, this stock reminds me a lot of Valaris, Gulfport, and even Wirecard.
Trending downwards and pointing lower for lower lows in the short term before it breaks last years resistance etc. means that if you donāt get some decent catalyst for growth, this stock could just keep plummeting regardless of when you buy it.
Every investment will carry an element of risk, some more than others, the clean energy transition is happening now, and hydrogen is looking like the only viable option to replace natural gas, therefore tech companies like powerhouse who are not only looking to produce hydrogen but will be recycling waste plastic in the process āshouldā be winners and play a big part in the clean energy transition. Of course the first plant isnāt complete yet, and it is still early days hence the current low price, there will be lots of volatility and bumps in the road, but if you can stomach that and ride the wave, then Iām sure most who Invest will be pleased with themselves for having faith in powerhouse energy. At these prices, Iām buying and holding.
Youāre lucky, they told me I didnāt have enough money in my account even though I bought the shares on the way Down!
They then went into MY account and sold my 200 shares at a loss! Then took hundreds of pounds out of my account.
This platform is run by a bunch of crooks.
The app also let me buy the shares when they were halted by the exchange, meaning the platform is completely removed from the real market.
What this means in effect is that they can do what they want and you have zero comebacks.
Donāt trust Trading212 with your money.
