Robinhood "General" Thread -- /rgt/
Buying high, selling low edition
>Stock Questions & Answers
>Stock Predictions & Forecasts
>Stock Graphs & Charts
>Stock Successes & Failures
>Stock Highlights & News
Visit the website first - www.robinhood.com
*Only works for US citizens right now (Australians can get on a wait list for the Australian beta)
Candlestick App - thinkorswim
Available on iOS, Android, and Windows
Candlestick charting guideline:
Twitter like chat about different symbols:
Previous Thread: >>1043270
and here I was so excited about NFLX making big moves overnight
I was going to wait a couple hours for it to keep going up and then sell
When do I get off this ride? Every 10$ or so I raise my stop loss
General stocks thread?
>thought S&P would rebound temporarily so put 500k in 3x bull only to have it drop 5% out-of-hours
>mostly made it back by returning my position to short and putting some on DWTI
No rallies. Oil is done.
I work for a major drilling company and they just announced they can no longer afford tp in the restrooms so we either have to bring our own or use the company's stock to wipe our assess.
>tfw sold everything for 32% loss
>tfw you can't buy the dip because funds haven't settled
If you just buy up TVIX at exactly opening time then sell at the afternoon. You'll make your money back in about 3 cycles of this.
But yeah fuck this waiting period. Free money is literally just sitting there for the taking.
>3 weeks to get account approved
>3 days to verify bank account
>3 days for money to transfer
>literally have to pay taxes on stocks even if I cash out and reinvest immediately
I'm having so much fun!
it's been gaining 20% every single day for a week. it dips hard near closing because no one holds overnight. but if you buy in the morning and sell before the dump it's easy money.
try it tomorrow. if you don't make at least 15% i'll fly over to wherever you are and suck your dick.
For Canadian bro's what is the equivalent to Robinhood?
nice work Lou.
you think youre gonna make detective next round of promotions?
the whole precinct is rooting for ya
i wasnt being sarcastic I was genuinely commending your internet detective skills
women are mental defectives, most men already know this
>daytrading is bad
i'd say yes. but consider the other major players today
All of the companies on the chart are safe bets this year and today is the time to buy. Hold for a few weeks. I'm not sure about BAC though, it's at a new low. It could be a profitable dip so the choice is yours. I'm going to short BAC since predict it will correct itself soon after the fall this morning.
Sometimes they're right, sometimes not.
Lol. I listened to the guy that posted earlier about UWTI. Pretty risky, and I thought it was stupid.
But hey, I'm up 15% now.
Thanks UWTI guy.
In @ 1.45, out @ 1.62
Yes you can, if you buy 1 share or a few cheap ones. But it usually costs a few bucks to do a transaction so you really need the volume to offset that. I think a 1000$ throwaway money would be a good start.
Fucking fuck. I got greedy. Why didn't I sell when I broke 100 why. I might have made 60$ but it still feels like a loss
Why do posters here don't close their positions at the end of the day? It makes my blood curdle.
Don't be greedy and set a sell limit on a single stock at +10% and another to stop loss at -20%. When either trips, I'd advise selling off.
You could hold overnight if there was a slump and nothing happened but it is pretty risky, and I'd personally sell rather than try to time the market.
i dont even know what SLM is, it was just up a bunch in PM
also SPBIO broke 4200, LABD looking good.
friendly reminder the oil report is at 1030 EST, it can definitely swing the market either way.
How fucked am I? What are you recommendations? Just started investing...
You bought some meme stocks based on the word of a bunch of braying retards without doing any of your own research or analysis. You've been promoted from NEET to degenerate gambler. Congrats
Oh interesting, then is there really a normal goal I should set myself before I drop like 10k?
I'M FUCKING PENNILESS NOW!
> bad oil report
> oil skyrockets
Seriously, please explain.
3 days in a row green, feelsgoodman.
TASR had some really nice movement pre hours but if you didnt get in this morning I would just pass it up. One of my most important rules is to not chase runners.
I daytrade mostly and sometimes swing, not much of a long term investor. If you want to invest in any company or in this case TASR I would reccomend you put in a good amount of work dedicated to research the companies management and financials along with how they make their money and if they have anything promising in the future.
theyre in a fantastic position financially and their orders are going up up up
their P/E ratio is very high for the industry
also there is currently some pending litigation between Taser and DigitalAlly about patent infringement so that might affect things
regardless I have a price target of 23$ roughly
Robinhood is for whatever trading you want brother. You just need to know the strats. You can't short though.
For daytrading I only spend a maximum of 1/3rd of my portfolio a trade so I am able to trade at least once every day. Hopefully with RH Instant I won't have to do that but I am not sure if its considered a margin or cash account.
any more questions?
Think about it, tard. RH's entire business model is based on you trading as often as possible (hence the FREEEEE trades that they endlessly tout). You holding long term like a disciplined, sensible investor is not at all in their interests. They are much more interested in frontrunning your trades and selling your order flow.
You're a real sack of shit for preying on the poor naive morons in these threads. I get that this is 4chan and all but fucking with people's finances is genuinely shitty.
What the fuck are you talking about dude I'm throwing out all of my ideas and tickers that I am watching and possible plays that I am making lol.
I am pretty sure I have made people more money in RH threads than a majority of people here since they usually don't know shit or they shill ASTI and GBSN lol.
All I want to do is help
My nigga sixkeks is always on point.
Every time I've ignored his advice I've been burned. I'd like to see YOU post your picks every morning on a trip.
>All I want to do is help
>by telling newbies to open up positions on triple leveraged volatile instruments
>that I barely grasp the inner workings of myself
Nah dude. You're garbage.
hey thanks dude i appreciate your support while i dont condone all my posts as advice they can certainly give you some extra knowledge which in turn creates money for yourself.
ThinkOrSwim. It's from TDAmeritrade you just need to deposit $50 in to a TDA account for full use of the platform. I highly recommend doing so because you can withdraw all of your cash after words.
yea if you don't mind. More like investment in general, rather than a RH specific but.
does a typical 'diversified' portfolio focus mainly on 1 or 2 industries, with several different companies within that industry, or is it more like 4 or 5 industries with a few different companies
well i have never had a long portfolio before so I would suggest reading online about that maybe investopedia. however if I were to go long I dont think I would do it right now with how the market has been. I believe we are currently transitioning in to a bear market
watch this video "bear market bounce"
also if had to go long in one industry it would probably be energy (not oil)
because almost every single time some retard tells you to buy a penny stock the stock itself is fundamentally garbage. there is a reason that shares prices have been reduced to just pennies. also a lot of time they can be manipulated by people pump n dumping the stock so it makes it pretty risky trading them as they stay volatile for the most part. also if a reverse split happens you almost always lose value on any shares you previously had.
a lot of stupid anons will also bet on the stock price going up over trivial events with no actual facts to support their claims that the stock will be "to the moon" next monday lol.
I've lost $200 since yesterday, 100 of my own and 100 profit because I forgot to check rh...
no only gains have been made recently !
it may be small but when you risk a hefty amount of your portfolio i'd rather it be that way.
i usually only enter a trade nearing support or resistance levels and set my stops accordingly
sucker rally dude expect the drop to continue by at the longest next week. did you not see spx fizzle out the end? we did close green but im like 80% sure its a sucker rally. spbio also closed under 4200 which is pretty good for anyone in LABD
So I traded my first stocks today due to these threads.
Thanks to everyone who participates.
What do people think about AXP for tomorrow?
So what is a good play in a bear market? The only bear I've seen mentioned in these threads are stuff like biotech, S&P, maybe QQQ
should we buy those and diversify with GLD/SLV?
thats pretty greedy m8 but i usually just watch out for runners up on news and with good volume while watching some 3x inverse etf's like labd/labu spxs/spxu and ill watch tvix often but hardly trade it
lol @ gold and silver??? haha
LIST OF 3x ETFS:
(highly highly highly suggest you do some research on etf's in general since you are new before trading these)
with that said i trade LABD/U pretty often now and thats my favorite 3x ETF to play
read up on the vix:
so you can understand how to make gains off of TVIX which does great on these red days
16:32 AMGN - PR Newswire
FDA Approves New Kyprolis (Carfilzomib) Combination Therapy For The Treatment Of Patients With Relapsed Or Refractory Multiple Myeloma
theres your HYPE for tomorrow lol and one share is $150 so all you guys can buy at least 1
guys, cleantech invest in helsinki stock exchange
its a finnish investment company that owns chunks of many recycling etc startups, its backed up by idiot leftist and they just had a +50% rise from 0,99 to 1,51 but half of it was hype caused by the breakthrough deals of nocart company, 20% owned by cleantech invest.
stock price 1,25 eur atm. they also own 23% of swap.com and stock price will go up again when they release news from swap.coms site:. Due to overwhelming customer demand, we have about a 60 day backlog to process your Inbound Shipment right now.
i admit shilling and chipped in at 0,99 . screencap this it will be huge
Too bad i only had $30 to put in. Who else climbing out of the hole?
hahah shit dude you're clueless :^)
lets take a look at SPXS
The Direxion Daily S&P 500 Bull and Bear 3x Shares seeks daily investment results, before fees and expenses, of 300% or 300% of the inverse (or opposite) of the performance of the S&P 500 Index.
so there it is right there, 300% up or down (inverse) hence the 3x. take a look at the chart for it today then a look at the chart for spx. notice anything?
since spxs is inverse when the spx goes down spxs will go up with 3x the leverage.
these are typically daytraded although i've known people to hold for short periods of time and others for long ass times but you need to be careful of decay from volatility
whew lad I was up 50% at one point
Thiiiiis. Any chartists here?
Possibly elliot wave 3, maybe 1920 spx at the highest. Also VERY clear inverse head and shoulders on the intraday for small cap and oil stocks, which has been the source of most of the pain. Barring ME unrest, we're headed lower.
On the fundamental side, I actually like much of the data. Every report out of Davos is peppy, and most people seem to think this fall is somewhat out of touch with reality. Don't know if I agree with that, but I'll start buying long positions at 1750, 1700, and 1650 if it comes to that. GAIN and LADR looking awful sexy by then.
3X inverse small cap might not be bad.
Real fucking dangerous time to be playing with these, though. Alerian just shut down two -- MLPL and MLPV, I believe. READ THE FUCKING PROSPECTUS
In a less choppy market I'll occasionally hold something like CURE for an extended time. Otherwise it's all daytrades.
Anyone with experience in the stock market, who feels they can contribute is invited to join our special group.
Create a user name
Post it here, along with your level of experience
I'll think about signing up tomorrow, thanks.
In the interest of honesty I should have probably mentioned that I'm sitting out tomorrow and taking a nice long weekend. You could be looking at 6-8% swings just in that one day, which would achieve your investment goals.
If you want a similar return over a period closer to a week, maybe BIS is the way to go. I might open a position on Monday
Hi guys, anon here
I fucked up and bought TVIX way too early today and now I'm sitting on it over night hoping for blood in the streets tomorrow.
On a scale of 1 to boipussy, how fucked am I?
not on robinhood because i'm not american but i have a general question to ask about stocks because i'm still learning
if i buy some bank stocks and it starts to go down should i just wait it out? i bought them on a 52 week low on monday and for three days they dropped and today they picked back up again
the root of my question is: other than experience how do i learn when to sell and cut my losses and when to just grit my teeth and wait until, i'm assuming its pretty hard for a bank to colapse
oil is up to $31?!?!? honestly I have no idea why. I will be watching OAS and UWTI along with EXXI. Also labu gapped up a dollar in PM so the sentiment most be that we will be green today because of how strong oil is doing.
anon thats barely nothing ahah
no dude wtf? you don't just look at my tickers and auto buy them. if you want to buy labu have the charts for spx and spbio open to make a entry point on past resistance and support lines with a tight stop just in case.
Get in here! Ain't Gonna go lower than 9.27 beleaf
Quick cash grab. I'm just using RH to get my feet wet in the stock market. See how well I can push around 500 bucks. Im guessing everyone else is in a similar boat. Only one or two people here kinda know what they're doing and everyone just bandwagons. These generals are pretty much stock preschool.
Because you can still make money in a downturn you retard.