yeah, the return is just a simple flat return calculation of unrealised gains (so indeed dividends are added to the invested amount). Would like for T212 to have the option for time-weighted returns or at the least be able to see just the flat return on deposited vs current value (so all realized and unrealized gains).
this.
I have a lot of other accounts with other brokers, so I use a software to keep track of things and Iād never trust a broker to handle these for me.
butā¦
itād be awesome if we could see TTWR or XIRR on the ui, for individual stocks and for portfolio.
Also be nice to incorporate stamp duty into the gains to avoid losses on shares with a small margin
Became meaningless very quickly to me, spreadsheet is 100% needed, thatās all I refer to in my videos. Became even worse when they sold off Tesla and Apple during the splits and had to buy back. A lot of the information in the app is inaccurate, and itās just a bit disappointing I canāt trust many of the numbers I see
Thanks for that Paul. Already with you on nio and fuv, will have a look at the others. Iām also on xpeng and velodyne - look promisingā¦
Hoping to make your sort of profits
Out of interest why have you gone fully into the one stock?
@agie13 I explained why here in another thread: BGCG trust added Iām happily surprised
Interesting yeah I see what you mean. Thanks
Good on you mate. What sectors are you investing in?
Iām a gold and silver bug.
Iām into my dividend stocks - main goal is to build up passive dividend income.
Iām quite heavy on REITās at the moment, a bit in oil, consumer staples, financials and the rest you can see below
The FSCS cover is a nice to have but I wonder if it is a bit of red herring at times. Lots of people put faith in the FSCS but the real security is supposed to be arms length separate holdings for client accounts for both stocks and cash ie both are held apart from the assets of t212. In that case the FSCS doesnāt really come into action.
So if t212 went bust then the administrator and any creditors donāt have access to client assets. The closest that Iām aware of that anyone has tested this was Beaufort Securities going bust.
A 3d pie chart, pet peeve of mine. There are some good examples online of why these should be avoided.
whyās that? can you explain
The perspective warps the data visualisation and can lead to incorrect conclusions. Here is an example of Apple intentionally doing it. Notice how much larger the green portion looks compared to the purple portion due to the perspective being shifted. They do this with bar charts as well
Here is another more extreme example. All four portions of this pie are the same size, but the perspective makes them appear different.
That makes a lot of sense now, cheers for that!
For your own use itās not so bad. Though if youāre using it in work, Iād recommend against them most of the time.
Hereās another reason why. If you have a few pie charts side by side, itās hard to tell the difference in size between the segments on first glance. It can be better to use a bar chart.
Iām in work mode still. I just delivered a training course on data visualisation best practice yesterday!
As yet I havenāt invested or made any move with real money. I will when Iām ready. Iām completely new to live trading. Iāve been practicing extensively on the free platform until i feel i have every single possible risk of loss locked down. I find that tuning sensitivity to loss is fundamentally important perhaps more than pursuing profits. I set the counter to the value I will use as my holding rather than run riot with the 50k default. It makes sense to me to become familiar with the ups and downs using a risk level that i will begin using when i trade in real currency. My initial total loss risk will be Ā£1000. Iāve experimented with stake/loss/open position/ immediate result and formulated a percentage for each stock/crypto/future etc which allows me to bend and sway a little but no more loss than 2% of my overall holding in any one trade. I know that i can increase my stake if the immediate loss for slippage is kept low. Hence i can spend multiple times more on a trade so long as my immediate loss is controlled to within my 2% loss risk. Itās working in practiceā¦so farā¦!
This is definitely the best way to do it. It feels more real. Are you practicing on the invest side or the CFD side?
Iām trading CFDās. I did originally look at investing but it didnt sit right with me to buy into something over which i have little or no control. It almost feels like a gamble. The more exposure ive given myself to CFDās the more in control i feel of trade specifics. I know that if i suffer a heavy loss itās because I didnt follow my own protocol! oopsā¦
Nice, damn thatās a lot. How can you manage and track 284 different investment?! Holy cow o_O