Hi guys,
Iām new in Trading212, I have no experience and small amount of money to investment (under Ā£1000) do you have any tips to share for me?
in what should I invest to make some quick money, expensive or cheap shares? What are your predictions and what do you recommend, thank you!
I can help but think that a combination of little experience and wanting to make some quick money is a bit dangerousā¦
Spend some time doing some research and maybe use the practice accounts first to get that experience. Youāll soon burn through your cash if notā¦
hi walker, thanks for your reply.
thatās a good idea with the practice account will be a good start to get some experience, what Iām thinking is I will try to focus on short term investments because I have small amount of money I canāt focus on long-term investments nowā¦
If you think the stock market is a place for people to get rich quick then youāll most likely end up losing money. Sorry to break it to you but getting rich quick most of the time isnāt possible (otherwise we would all be doing it). The stock market is a place of predictions and chance so weāll always see some people who got lucky (just as with the lottery) and got rich quick.
Actual things based on scientific research you should do are:
Some of my own suggestions:
Take my suggestions for what they are as itās your own decision in the end.
This is probably not what you were looking for 
so if you want advice on specific investments I would recommend you either buy ETFs or a portfolio spread across no less than 15 individual stocks (or combination of both). If you want more specific stocks you need to provide more info for what youāre looking for (i.e. safe utilities, growth, healthcare etc.).
Just saw your other comment as well, you can definitely invest for the long term with small amounts of money, isnāt that how long term wealth is built? Especially as short term investments tend to underperform.
Hi Wings!
When you refer to āshort termā investing and making āquick moneyā youāre most likely referring to Trading and not Investing, both of which have very different principles.
As the previous comments have rightly stated, Trading can be very risky both with or without experience and a sure fire way for someone to lose their capital. There is currently a lot of hype about āday tradingā and the get rich quick schemes which have come to light with the markets recent volatility.
If youāre looking at starting your āInvestingā journey then your Ā£1000 is a great amount to start with, donāt be told otherwise.
On the other hand if Trading does interest you then utilise the practice mode and do as much research as you can before you start risking your money!
Best of luck!
Agree with what @Etypsyno mentioned.
I would also add itās worth learning a couple of basic chart analysis so itās not a case of about now will do.
Sometimes you get lucky other times you will have been caught chasing at the top, with long term on say blue chip youāll likely be up long term but itās still good not to dive in heavy at the top.
RSI if itās above 70 itās over bought (sell signal) if itās below 30 itās over sold (buy signal).
The second thing is to apply moving averages. I do 50 and 200 to show recent trend and long term movement. EMAs here on Apple.
Basically you want to be buying near the red line (or ideally below it).
You can see how it left the average at 140 and was considered very over sold at the start of September.
Stocks need to always pull back, they donāt always go up linearly.
The only advice worth giving is what Iāve followed and thatās buy what you know and understand and forget about it, then research more companies you know and understand ready for your next wave
