Hi guys,
Iâm new in Trading212, I have no experience and small amount of money to investment (under ÂŁ1000) 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 dangerousâŠ
Spend some time doing some research and maybe use the practice accounts first to get that experience. Youâll soon burn through your cash if notâŠ
hi walker, thanks for your reply.
thatâs a good idea with the practice account will be a good start to get some experience, what Iâm thinking is I will try to focus on short term investments because I have small amount of money I canât focus on long-term investments nowâŠ
If you think the stock market is a place for people to get rich quick then youâll most likely end up losing money. Sorry to break it to you but getting rich quick most of the time isnât possible (otherwise we would all be doing it). The stock market is a place of predictions and chance so weâll 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 itâs 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 youâre 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, isnât that how long term wealth is built? Especially as short term investments tend to underperform.
Hi Wings!
When you refer to âshort termâ investing and making âquick moneyâ youâre 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 âday tradingâ and the get rich quick schemes which have come to light with the markets recent volatility.
If youâre looking at starting your âInvestingâ journey then your ÂŁ1000 is a great amount to start with, donât 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 itâs worth learning a couple of basic chart analysis so itâs 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 youâll likely be up long term but itâs still good not to dive in heavy at the top.
RSI if itâs above 70 itâs over bought (sell signal) if itâs below 30 itâs 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 donât always go up linearly.
The only advice worth giving is what Iâve followed and thatâs buy what you know and understand and forget about it, then research more companies you know and understand ready for your next wave
