Day trading with your smartphone: what you should know technically
The starting point. Plenty of people start trading the FDAX on their iPhone between two meetings. For the broker, every order brings a fee, whether you're sitting in a café or in the car. For you, every order should be well thought out.
The reality. On a small screen the chart is cluttered, the buttons are too small, and under stress it's easy to miss-tap or click the wrong instrument. Trading this way is flying blind.
Desk Notes. Buying and analyzing stocks or futures belongs on a real laptop or Mac. Day to day, the app is good for exactly one thing: watching an open position or closing it in time in an emergency. Anyone who trades unprepared comes pretty close to pure gambling.
More notes
- TVBTradingView vs. broker app: what is the difference?
- INDToo many indicators on a TradingView chart: why less is often better
- SYSWhy do so many traders lose money?
- FUTFutures or CFDs: the difference explained simply
- ZRCZero commission: what “free” really costs
- PRDWhich products trade best out of Austria?
- BNKHausbank or trading platform: what matters for active trading
- PLTPlatform, broker, data provider: your path to the market
- HDGHedge funds: myth and reality
- EINBefore your first stock purchase: what beginners should know
- REGHow do I know whether a broker is regulated?
- ATXATX: trading or investing?
- PRPProp trading in Europe: the business of hope
- DATFree data and free data feeds in exchange trading
- SIMDemo account vs. live account: why real trading often feels different
- CETWhen is the best time to trade from Europe/Austria?