Wait until you try it in real mode and turn 22k in to 10k in 4 days
Wait until you try it in real mode and turn 22k in to 10k in 4 days
Bear in mind that trades bear an execut1on price (typically £12.50-15) and usually stamp duty too so if the stake is £100 you will need a 25% (approx) increase in share price to break even, but even then when you sell you will be charged again.
ss30 (17th February 2015)
also bear in mind test environments in no way mimic real ones as professional quant traders will be in there way before you if there's anything to be made (yes I've worked in a prop shop).
Prop shop?
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Proprietary trading house (they gamble their own money and tend to do very well for themselves)
http://www.tddirectinvesting.co.uk/ has a good offer on at the moment:
"You’ll be able to buy shares for only £5.95 for 3 months online. After your first 3 months you'll move onto our Active (£5.95), Frequent (£8.95) or Standard (£12.50) rate based on the amount you trade online."
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