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Hello! Several beginner questions, if I may.


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Hello traders,

My first post on this forum so please be kind aha. First of all, very nice to meet you! I am a newbie to financial trading, though I have been sports trading for a few years so have knowledge of trading mechanics but I still have some basic questions. I have deposited £1K into a live account and plan on creating my first portfolio today. I am planning on sitting on some positions for 6/12 months initially before taking any profits to explore forex. So, whilst I am at this learning stage, I was just hoping to create a nice, diverse, basic portfolio. Problem is, I don't know how best to split my funds.

My initial plan:

I have chosen 14 companies I would like to invest in. I was thinking of putting a flat £70 into each (£70 x 14 companies = £980). Is only having £20 freely uninvested wise? Is the plan to invest as much of your capital as possible at any one time or to allow 50% (or some other % as a rule of thumb) for wiggle room as the stocks meander up and down in value?

Also, how do I invest exactly £70 when, for example, a stock is worth £140? Can I buy half a stock? What's the minimum £ I can put on a stock (or a fraction of a stock)? Is this the normal way of investing or do beginners usually vary £ on each company? I don't want to be disproportionate with my funds, inviting risk. If I can't break up a stock, does that mean that even with a £1,000 bank I am limited to how much I can buy? Apple is currently around 113/114 does that mean I need to have AT LEAST £113 to buy on stock, I can't invest £70 into the company to keep my portfolio nice and even? Basically, is there an easy way of simply throwing £70 at 14 seperate companies with intent to sit on those positions for a while.

Second question, I'm having trouble searching for things on the mobile app. FTSE 100 has a little red crosses next to it and says "(Data Only)" and S&P500 isn't coming up in my search results (See attached pictures). Berkshire Hathaway Inc - A has a little pen symbol next to it whereas Berkshire Hathaway Inc - B has the green dot. This leads me back to my first question. I have googled the reasoning for the split, Class B is marketed more for long-term investments - can I not buy class A until I have £344,415 in my account? Which would be best (if the former is possible to buy) to buy for somebody like me, with a small starter account?

Third question, I assume the company name + "(All Sessions)" is the one I want? Just want to confirm that and hopefully kill any misconceptions I may have early.

Thank you in advance for all your help!

CPerry :)

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    • I am a relatively newbie. I have seen similar and also have seen automated closed position has a loss though the close price I have set was above the price I have bought. After about 6 months with a lot of mysterious losses though my closing price was above the opening price, I discovered this was because of the amount charged for opening/closing a position. This is right below BUY and SELL boxes on the right in very small font. This amount vary from  0.9 to 33 or more depending on the level of trading at the time you open or close. As a result, I delete all my automated BUY/SELL values before I stop trading for the day. Remember, the the software is set up to favor the IG, not the retail seller. That is why 70% or more end up in loss.  
    • oh thank you, as a complete beginner it was interesting + useful! https://www.investopedia.com/terms/p/price-change.asp can i read this site and take it as the truth?
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