Swing trading from ISA account. Can this be done?
Yes, I’m avoiding CFD account.
I Started using real money 9 days ago.
A couple of days ago I started moving my instruments over to ISA to avoid tax.
So far - in 212 Invest - i’ve just been buying and selling like a manic madman when things steeply go up or down. Returns indicates approx +£55 earnings, but my History says Total returns -£371. I’d sold off eg my Lloyd’s which was -£70, but jeez - didn’t expect that grim Total Return. Humbling and slightly depressing.
Is there a way to automatically set a timed Execute for when price reaches a certain point? Also a way to sell when the graph reaches a low? Stop loss I think does this but I’ve not quite got my head around the concept or the controls in 212. Not used Stop Loss at all so far but I think I need it now. Eg Zoom has me at +252 on Friday 3pm but luckily I logged on at 7pm in time to sell it off when it was crashing
Nice to be here, I’m glad there’s a community.
Advice please folks