JoshC Posted November 23, 2015 Share Posted November 23, 2015 Does anyone dabble in shares? I've always had shares for the company I work for so done a lot of buying and selling but only ever in the one company via share plans. I downloaded the Trading 212 app and have used the practice account but the one thing confusing me at the moment is what are the values of the prices listed? I always assumed they would all be listed in pence, i.e. 300.00 being £3 (as UK markets are) but having bought some dummy shares in VW on the practice account I'm not so sure. Would these be listed in pounds i.e 300.00 be £300? Anyone able to explain this better to a dummy like me? Cheers Quote Link to comment Share on other sites More sharing options...
steve916 Posted November 23, 2015 Share Posted November 23, 2015 I use Share.com online and all prices are listed as pence, so VW is listed at 108p at the moment Quote Link to comment Share on other sites More sharing options...
JoshC Posted November 23, 2015 Author Share Posted November 23, 2015 Okay, thanks for clarification. That does confirm I was initially right in thinking that prices are all listed in pence as they are currently listed as 108.0400 on Tradibg 212. What I can't work out though is how the 1000 (practice) shares I bought in VW at 97p made me around £8000 profit when they only rises to 108p? Quote Link to comment Share on other sites More sharing options...
mouthwash Posted November 23, 2015 Share Posted November 23, 2015 You're probably day trading which usually involves leverage, be very careful with that if you decide to play with real money as it can spiral out of control very quickly. 1 Quote Link to comment Share on other sites More sharing options...
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