Freetrade views

[breadrollz]

hello,

anyone used this?

I had some spare cash & bought a few shares. Do I just leave them alone or do people actually sell when the prices increases?

Do you need the money in the short term, if not, then leave them alone for the long term

I don't have a lot of money in Freetrade so I tend to hang on to shares. Where I have sold I have made money but not as much as I could have done e.g. I bought M&S shares at £1 each, sold for £1.30 and made a nice little profit. Then they rocketed. I bought back in at £1.65 and sold again at £2.28. They were at £2.47 yesterday! I would have had a lovely profit if I had just left them alone. But others I don't regret selling like Carnival. I have split my money between 6 companies at the moment and 4 are up, 2 down. I am planning to keep hold of them for a while. Also hoping M&S has another dip so I can get back in.

I use the Freetrade app and find it really easy and actually very good after Martin Lewis recommended it for low or no-fee transactions.

I find their emails very easy to understand because they don't use technical terminology, their fees are very transparent when they're applied, you can very easily deposit and withdraw funds with no hassle at all.

Searching for companies is easy, as is buying and selling.

I have a variety of portfolios elsewhere (SJP, Hargreaves, Fidelity) but Freetrade for single companies is by far the easiest compared to companies like The Share Centre in Aylesbury who charge an absolute fortune.