Has anyone ever done trading before?

I’ve only traded currencies but do your research and if you feel comfortable go for it

I’m not sure what country you’re in, but if you’re in the UK and want to dabble at relatively low or customisable risk, you can open a stocks and shares ISA as a starting point

I’ve traded for about 10 years now. I also have a stocks and shares ISA and bonds. It depends on what you want to do with it, if you want a slow burn investment with low risk or you want to go all in and gamble on current trends. I have a few ETFs which are low term investments and things like shares in Apple, Tesla and others which I’ve left to accumulate.

@Alexandra I’ve looked into this but I’m scared I’ll lose all my money 🤣 do they place the trades for you? The bank? I don’t want to go for anything high risk right now as I’m still learning. Each time I’ve gone to look into a stocks are shares and see where it says ‘capital at risk’ I just run 🤣

@Sarah omg 10yrs?! I need all the advice! It’s definitely something I want to do I’m doing all the research right now and one thing I’ve learnt is once you actually understand it it’s not bad at all. But you have to know what you’re doing. The apple and Tesla shares did you have to put quite a lot of capital in to begin with? Did you trade through your bank with those shares? Or directly on the market?

I use UK bonds as my most secure version of savings. They are backed by the government but every month you are entered into a lottery. So I put a few grand in there as savings (because banks give utter trash interest rates) and one month I got £10k in prize money. Apple and Tesla is a slow burn. So I put £50-100 a month into my shares (I use trading 212) and just leave it. I don’t look at it 🤣 in 3 years I’ve made £900 profit, again much more than a bank would give me in interest. I just let it reinvest and keep growing.

@Sarah some banks do great interest, but it takes some hunting! I think Chase does 4.75%. Alicia and Aldermore or also great for interest. Virgin Money wasn’t bad last I checked but banks like Barclays and all the high street type chains suck so bad for interest! It’s ridiculous