Your Premier Account
There are two main ways to approach trading the markets, either come up with your own trading ideas or get advice from a professional.
The method you choose will depend on how experienced you are and how confident you are in your own abilities. Each can be profitable in the right circumstances, so neither is automatically preferable to the other.
If you want inspiration for your trading and help putting it all into practice, an advisory account can make sense.
At TCG Premier, we blend the two and we will call you or e-mail you with trading ideas, but the final decision is always yours and you can email or call us with your ideas for our view.
An advisory service is not simply about getting opportunities pointed out to you, though – your broker can also help you manage your risk. Controlling your exposure and getting out of trades at the right time is just as important as what to buy and sell. Your broker will offer you guidance on the size of your position and where to place stops-losses, as well as what type of stop-loss, before you put the trade on. In some cases, your broker could even save you from making a bad trade based on a rash or snap trading decision where the risks just don’t make sense.
Each evening we will email you a list of stocks we feel could be active the following day. This allows you to do your own research into the trades before the market opens the following day. You can then simply call or email us which trades you like. We don’t expect you to sit in front of a stockmarket pricing screen all day, so we will then monitor the stocks for you and if, during the day, they meet our entry requirements, we will execute the trades.
The markets move all the time, and Intra-day opportunities quite often present themselves. Your broker is there to monitor these moves and if he feels that the trade would suits your style, will call you and recommend the stock and the reason why, together with stops and profit targets.
Your broker is there to build a relationship with you, to work with you and find out what is your style of trading, what sectors you know and follow and ultimately he is there to keep you informed on the market in a timely fashion.
TCG Premier is the traditional, phone broking, advisory arm of TCG Securities.
It is important to note that clients applying for a 'Premier' account will be subject to different Terms of Business than TCG clients signing up for our Research Signals service.
Premier Accounts require a minimum account opening balance of £10,000 and will have bespoke commissions.