Its probably a us stock and wonāt execute until the market opens at 2.30pm, you can wait until then or just cancel the single stock purchase and add something else.
No it is a GB on the London SE.
Maybe the stock is climbing, the function uses the ābest available priceā to purchase so will usually wait for a bounce before it buys in.
You can cancel the purchase and buy something else
Like I said above, if I click on it it says this is a pie order you can not manage it manually.
Ok so go onto your pie go to the overview and the bar at the top should show a percentage of the order still pending? Press the x to cancel the order
That did it thanks, I added it too quick before it was bought I think, I had some money left so I bought that one, I will look again now.
I set all the other stuff up to auto invest at a certain amount and date.
Good news, use the practice mode to its full and then make a pie in the real account when your ready. Worth setting up a couple of pies with six or seven researched companies in and then set to autoinvest when your ready. You can change up the companies as and when they lose favor.
I didnāt know i could have more than one, that is good because I can have different types of stock in others to experiment.
I wanted to do that in the investment like splitting them up in categories but this way is better, thanks Lee.
Make your pies public and share them on the forum, others more experienced than me will be happy to help you decide. Remember though day trading is not the same as investing and be sure to spot someone advising you as a āday traderā rather than an investor
Yes I saw the share option, one thing though, if say for example I only have Ā£200 in my kitty, and Iāve used it on Pie#1 can I start another pie or do I have to put more money in, if so that wonāt work because i donāt have the cash to put in, (Iām taking as though it is in real money, my bank).
Iām not with you? Do you mean the Ā£200 has been invested in pie 1 can you set up pie 2? If so
You can set up as many pies as you like and then setup your autoinvest for each pie individually so if your funds are available each month then it will auto buy each pie you have set once the funds have cleared.
So if you have say Ā£200 per month set up 2 new pies and set the autoinvest to Ā£100 each pie this will then split the purchases across the pies
Hope this makes sense
Well yes and no, I mean I have just done Pie#1 and spent Ā£200, so if I want to do another pie, I canāt do it until I have more money is that right?
You can make the pie and set either to invest manually when you have the funds available or if you know your dates then set it to autoinvest for you ie direct debit your account each month and autoinvest on your behalf.
If your investing over months or years timing is not so critical, if you want to trade quickly then you will need to research the market every second.
Yes I re-read you previous post I think I understand now. When I had a stocks and shares ISA with my bank I had it to invest Ā£25 a month, just over 6 month it only made something like Ā£3.50 so I cancelled it.
I was trying to duplicate it here by buying my own stocks to invest in, I have beat it a few times with different types of experiments.
Probably would have been fidelity through HSBC or equivalent, 6 months is still a short time frame sometimes the markets stay quite level for a lot longer than that hence why diversity is your friend here
My bank is Santander, I could see what stocks they picked but they didnāt seem to do very well, then I found T212 and had a go on the practice using the same amount of money and I did better, so then I went live.
Problem was being new I got spoilt for choice and then I made mistakes like selling when a stock dipped because i thought it was losing and not realising it could bounce back.
I was learning from reading and advice on here plus the odd YouTube video etc.
I think now though my mistake was buying too many stocks and only having 1 or 2 shares in each, the profit from them was small.
But still diverse, if you buy a lot of different stocks and reinvest dividends across all stocks the game with play out. Once you have a pie or two set up you can then start adjusting your percentages ratio against performance to withdraw profit from winners and carry it over to your new hopefuls.
This is all in the help section for pies and autoinvest, have a read of it.
ie 10% profit you can withdraw and buy equal amounts of your other lower companies
Thats the amount invested so far in that pie, probably want to diversify the pies a bit though. One uk tracker will be the same as 3 or 4. National grid is a great one to keep.
Try looking at companies youāve known for a while and do a bit of research on them past present and future
Donāt forget to use the search bar at the bottom to find companies under the titles, names or sector positions. Makes interesting reading!
Hi Lee
Iām probably answering my own question here but Iāll ask anyway, I have at the moment 5 stocks in my pie and have 1 share/unit in each.
Every month I add money that gets shared to each of those stocks, when that money reaches the right amount does it then buy another share/unit in each one?