Would you like a pie?

[JSahota95]

Are you guys looking at getting existing portfolios into a pie? Or is that far stretched?

[wdavis]

@JSahota95 You have your answer here:

AutoInvest - Join the BETA

Initially no, but we’ll add this option as soon as possible. We don’t want to delay AutoInvest because of it AutoInvest will work only with instruments that support fractional shares. We’re constantly expanding the list of fractionable instruments. I confirm!

[Charza]

@Zireael

2. Blue sky idea… Please add a limit buy/sell option configurable for each entry in the pie. Let’s say:

• my weekly pie topup is $500
• 10% ($50) of my pie is Google (NASDAQ: GOOGL)
• I set pie limit buy for GOOGL at $1250
• I set pie limit sell for GOOGL at $2000

Every Friday, if GOOGL price is below $1250, a $50 (10% of pie funds) worth of GOOGL fractional share will be bought. If price is above $1250, then GOOGL will not be bought on that week. If on that Friday GOOGL price is above $2000, the whole currently held GOOGL within that pie will be sold off.

This idea needs to be revisited: limit buy and sells within pies are needed! Any news on that? (I looked on AutoInvest BETA - Feedback but couldn’t see anything about it).
Cheers

[caribo]

@Charza

limit buy and sells within pies are needed!

I don’t need limit or stop orders in pies…

[Drunkebab]

This is the exact opposite idea to what pies are for.

They are not meant for day/swing trading, they are for long term investing in stocks, recognised as percentages/targets of a 100% pie… Why would you try and day/swing trade parts of a pie?

[Charza]

Because sometimes we want to get rid of one without having to fiddle with the amount on the slider. I wanted to sell IBM out of my pie with the custom withdrawal and ended up (might be a bug though) with a weird £0.75 left in it.

[Vedran]

I personally look forward to fractional limit orders and hope they can be incorporated into pies.

Why?

Because in addition to having steady weekly buys, I would like to advantage of possible volatile moments and get best price available.

Why limit investing to weekly/monthly buys when you could add extra layer to take advantage of specific company/market volatility.

Yes sure 1 buy won’t make “much” difference in long run, but many of such events add to compounding same as dividend reinvest. So I have my mind open to any idea which can increase wealth creation.

[chantal]

@Vedran

I personally look forward to fractional limit orders and hope they can be incorporated into pies.

Why?

Because in addition to having steady weekly buys, I would like to advantage of possible volatile moments and get best price available.

Then don’t use pies. Pies are intended (correct me if I’m wrong) for long term investments. A slightly better price for a fraction of a share will make no difference looking at 10-20 yrs.

[BullChew]

I think he is referring to something that he suggested recently, which would be an interesting addition to Pie/AutoInvest for long term.

@Vedran

One thing I would like to have is “Limit order” for whole porfolio, based on either total value or % returns. For instance when portfolio drops to -5%/10% or certain percentage drop in a day.

[Vedran]

I see “Pie police” is already forming, telling what kind of people should use it and what kind shouldn’t…

I already explained “why”, if you want to do auto investing fine, thats great, if I want to mix it up with taking advantage of market volatility on certain days to add to compounding effect.

Same as regular dividend reinvesting adds to compounding, taking advantage of 5-10% dip in volatile time or 2.5-5% in normal times will also add to compounding. As it is not 1 time event, stocks tend do pullback on multiple occasions during year/years…

Pie isn’t necessary just an auto invest tool, it is a weightings utility where I can handle my positions in App, without need to do everything in Google sheets/excel. Plus the DRIP effect.

[ASH_APP]

Hi. Totally agree that stop-limit for pies and fractional shares is a must.

I’d argue that if the main purpose of the pies are to to automate, stop-limit is the most basic form of automation.

It does not matter if your investment is a long term investment or not. If a share falls more than 10% in one day, you don’t want it to ruin all your gains at once. At the end of the day, it might never recover, and you might never realise if you don’t constantly check the status of your pies, and what kind of automation would that be?

Can someone from the technical team confirm that this is part of the plan please?

[Bullish-Bear]

@ASH_APP

that stop-limit for pies and fractional shares is a must.

I’d argue that if the main purpose of the pies are to to automate, stop-limit is the most basic form of automation.

It does not matter if your investment is a long term investment or not. If a share falls more than 10% in one day, you don’t want it to ruin all your gains at once. At the end of the day, it might never recover, and you might never realise if you don’t constantly check the status of your pies, and what kind of automation would that be?

I hope they introduce stop losses and other orders to help you manage your pie investments. It makes perfect sense for an automated investment tool to have an automated sell facility.

I hope they also introduce a stop loss - take profit feature on the invest accounts as it is also sorely missing. I am sure it will all come in time and the T212 team seem to listen to feedback, which is a huge positive for their company.

Fingers crossed!

[IanC55]

212 Pie Feature Request To Be Able To Build Portfolio Over Time

• Create a new pie without adding any stock
• Import existing stocks
• Add a CASH amount which will act as a float to absorb individual transactions.
• New Button to: Auto balance to % of current holdings this will require additional precision to % holding.
• Ability to buy and sell individual stocks without affecting other positions. CASH will absorb any rebalancing amounts.
• Ability to adjust position size to a specific £ / $ amount in addition to current % method.
• Ability to increase the CASH position and maintain the relative % of existing holdings.
  E.g. Holding 1000 in ABC stock and 2000 in XYZ stock and zero in CASH. I want to raise 500 in CASH for a new position DEF stock. After the adjustment I would have:

CASH 500, ABC ⅓ of 2500, XYX ⅔ of 2500

Bring the Web App up to date with the Android App having to use both to achieve full functionality is not ideal going forward. I need full functionality on the Web App.

[obrienciaran]

I’ve been waiting for the auto balance % feature for a while. When adding new stocks to a pie, it is a bit of a pain having to adjust all the percentages. It’d be great to have a button that divides the balance equally. e.g. you add a 10th stock to a pie of 9 stocks, click ‘rebalance’, and they’re all set to 10% weighting each.

[sr.marquinho]

I saw some time ago a gif/video where there percentage was adjusted automatically as the bar changes.
That was pretty cool, what was wrong with that. I can imagine being annoying if you don’t want that but this could be disabled/enabled with a check box or something of this sort.