That can be done, but wouldn’t it be impractical to have to switch to another app/website to check that, or is that fine with you? What about something like a chrome extension that alters the trading212 page to display % on take profits? I’m open to all suggestions.
Thanks for the input!
Wallmine appears to be defunct (or so I’ve read online) but it seems to be a generic portfolio stats and analytics dashboard, are there any particular features that distinguished it from other options which made you specify it? If so, then I’ll definitely look into adding them. As for the 212 format, that’s definitely going to be in my project as I’m trying to target 212 users (and also build it for myself, as I’m quite dissatisfied with the existing tools). That format selection idea also sounds great, I’ll definitely get that done for my MVP. Hoping to release at least a beta within a couple weeks/months. If you have any other suggestions or platform preferences please don’t hesitate to share.
The ability to separate trades into different groups, and compare performance at a group or asset within a group level. 212 can’t do this in app.
The ability to add custom benchmarks to these groups.
TWRR, 212 can’t do this.
The difficulty you are going to run into, is data storage requirements.
End of day prices for all securities.
End of day FX rates.
Corporate Actions - stock splits and dividend data.
That’s going to blow up fairly quickly.
What you could do to save on costs, depending if you are planning on making this free, is only storing a means to translate the input from different brokers, into the code required for Google finance. If you can get the user to do the price / fx rate calls to Google finance and feed back into what you are building, that’s a huge saving to setting this up. Is @Finki still about, perhaps could give some pointers on this?
I’ve noted all the features.
You’re absolutely right on the data storage issue. This is what I was considering:
Free Tier: Everything gets stored in your computers/phones local storage, all end of day price data etc. The way your portfolio gets tracked is by t212 API calls and not actual market data, unless you import it yourself.
Paid Tier: Stored on the server, gets actual market data.
I’d like to be able to see the daily, weekly, monthly, etc profit / loss for a Company whose shares I own. I don’t mean the increase / decrease in share price, I mean the profit / loss for the total shareholding.
For example I own £100 worth of shares in Company X.
I click on company X.
Under the graph, I click on time period “1 Day”, and it shows a loss of £5.00 for the current day. Great. I can see that my shareholdings in that company for that particular day have decreased in value by £5.00 (I don’t mean a decrease in the share price itself, that is already displayed by T212 separately at the top left hand side of the screen, which is fine)
I now click time period “1 week”, and it shows a gain in value of £6 for Company X only, for the total shares I hold in that one company.
I now click time period "1 month"and it shows a gain in value of £20 for Company X only, for the shares I hold.
I now click time period “1 Year”"and it shows a gain in value of £75 for Company X only, for the shares I hold. I can see that over the past year for the shares I hold in that company that has been an increase in value of £75. Simple.
This is such a simple request and other platforms offer it. Yahoo Finance for example shows the daily gain / loss broken down company by company for the position you hold in that company. T212 doesn’t. On T212 as you vary the time period, 1 day, 1 week, 1 month, all it shows you is a graphical representation of the variation of the share price over time. To be clear I’d like to see the profit / loss for the position I hold in a particular company as I vary the time period.
If the app could show me liquidity of stocks based on the execution model of 212, that’s not available anywhere. It could be simplified on a RAG status of green is typically in an hour, amber is within 24 hours, red is a week, anything else is a ‘good luck’ indicator. This is not available externally so a good value add imo.
Spread would also be a good one - again based on the 212 execution model. It would indicate for example when I would be better buying less liquid stocks on 212 elsewhere.
I think the desktop site needs to be more compressive, in accessibility and clarity.
I mean they have recently hidden the charts time period behind a settings gear icon!!!
This should always be displayed.
There is so much padding and line spacing that there is plenty of space to keep info & icons on screen at all times. So the user instantly knows what they are looking at.
