Buy High, Never Sell Edition
>>1428651
>/RGT/ ROBINHOOD GENERAL
Unofficial /biz/ chat
https://discord.gg/014fDbZ8P7TPWMIEr
Stickerbitch's diary of disaster and memescalendar:
https://calendar.google.com/calendar/embed?src=moonmissioncontrol%40gmail.com
--FAQs for Robinhood--
Visit the website first - www.robinhood.com
If you're not into robinhood - http://www.stockbrokers.com/offers
> How is it free?
They invest your unsettled funds after a trade.
It's also pretty basic software.
> When is it coming to my country?
Probably never. They only have plans on an Australian beta ( https://robinhood.com/au/).
> It's been X days, why isn't my account isn't verified yet?
If it takes more than 3 days, try emailing their support. They are very good.
> Is this the right place to pump and dump and/or shill a worthless stock?
You have found the right image board ;)
> I hit sell when the stock was X.XX, but it actually sold at a lower price, am I being jewed?
No, that would actually be illegal. Robinhood graphs are just shit and only show you an average, not-really-realtime price. To get Bid/Ask prices and important things like candlestick graphs, you should use a more robust platform.
> Where can I get better charting or bid/ask?
thinkorswim is bretty gud if you want to go open a second account with real broker.
Otherwise you should be using Yahoo/Google finance or even Stocktwits for your graphing in addition to Robinhood.
>How do I git gud?
http://www.investopedia.com/terms/c/candlestick.asp?layout=infini&v=5F&orig=1&adtest=5F
> If I have Robinhood do I need to worry about 'Free riding' violations?
No, its not applicable for limited margin accounts (instant), and if you don't have instant, RH won't let you buy with unsettled funds
> Can I use Robinhood on my PC?
Yes, download an android emulator. Setup is extremely easy. http://www.memuplay.com/
>>1433056
that pic is freaking me out
>>1433056
>android emulator not on mac
REEEEEEEEEEEEEEEEEEE
My first week trading
Anybody dabble with the street pharmacy industry?
Not talking about nickel and dime shit, I mean actual weight (kilo/coke,lbs/bud,liter/testosterone,sheet/lsd,etc.).
How does one build themselves to that point?
>>1432145
Connections. That's all you need.
>>1432154
What would be the best way to go about that? I've read a few stories of people maintaining clientele from c-level executives (pic semi related).
I'd prefer 10 moby dicks, than 100 nignogs.
>>1432154
Not really customers more than anything I could get pounds of meth and coke on credit if I wanted but don't have the cliental
>TFW parents are forcing me to pay rent now
How the fuck am I suppose to save and invest NOW?
>>1430811
Get a job, work your way up a ladder you kike. On serious note, I wish you the best of luck.
>>1430814
I had a job but I was enjoying investing 90% of my income a month, I was so happy i was on the right path to becoming financially independent
>>1430815
> Financially independent
> living with you parents
Hahahahahahaha I can't stop laughing
How much money do you need to invest to live off the returns/interest? Need enough for a basic NEET life (studio apartment, internet, groceries)
>>1430182
Your return will be about 6-8% on a yearly basis, so calculate how much money you'd spend in a year.
>>1430182
just get the government to give you the money for free you daft twat.
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>>1430160
Gone with everyone's Trumps.
>>1430160
Video gained 8000 views already
So is the S & P 500 overvalued? If so by how much? Why is it overvalued? What should we expect in the future?
>>1428770
>So is the S & P 500 overvalued?
no
If so by how much?
none
Why is it overvalued?
it isn't
What should we expect in the future?
for it to go up
>>1428770
:/ My chart of it doesnt look quite so magical and dramatic.
>>1428770
Thing is. Human progress is exponential.
If the SP500 reflects that, then it should also be exponential.
Short of society collapsing due to robots, then it should always go up.
But robots are a thing now, so buyer beware.
http://www.theglobeandmail.com/report-on-business/economy/jobs/canadas-july-employment-figures/article31286881/
Canada’s steep job losses another blow to struggling economy
Employers eliminated 71,400 full-time positions, the second consecutive month of full-time declines, but 40,200 part-time jobs were created. Meanwhile, the participation rate fell to its lowest level since late 1999, as more people either stopped actively searching for work or stopped working altogether.
Over the first seven months of the year, employers created 12,400 positions, representing the weakest job creation since the Great Recession.
>>1428389
Excellent. Time to hire cheap Canadian labor for my American business. You guys are the new India, right?
>>1428393
>You guys are the new India, right?
Basically, a programmer here makes around 60k(assuming they can even find a job) when in silicon valley they could be making 150k
How much to actually purchase a young, strong male frostback?
Education is not important as I'm slating him for manual labor.
Has anyone here lied on their resume or references before? Have any stories or advice to tell?
I remember an enterprising group of anons banding together to create a fake business for this purpose a while back.
All the time
Do it, you wont regret it they never check shit
If I have a gap I just say I was working for a temp agency at a warehouse job or some shit to pay the bills, nobody bothers checking
I remember hearing about a guy listing work experience from defunct/closed companies. I've never tried it, though.
Anyone here love the art of stock trading whether it's Options, Futures, ETF's or regular buying and selling? There's something about being so right, so fucking right above everyone else who doubted you when you win big on a stock call, it feels so good. It's such a thrill
>>1433133
nah i just dollar cost average into the s&p500 every month and leave it at that
feels better knowing I put in 2 minutes per month to buy and I will come out ahead of 90% stock pickers in the long run who spend many hours doing bullshit analysis and looking at charts to find patterns that don't even exist
>>1433136
>bullshit analysis and looking at charts to find patterns
Only day trader idiots do that , but you're not wrong
>>1433133
but for most individual trades you're generally not 'right' but just lucky... trading is really about exploiting small edges... you finish in profit 'in the long run' if your trading activity is +EV but for individual trades (for an active trader) the outcome is mostly luck (albeit with a slight edge in your favour)
there are very few occasions where someone has a huge edge - your pic is relevant to this though... those occasions are where a lot of money can be made... but if you were able to find them consistently then you'd be one of the richest people in the world... most traders have to get by mostly exploiting small edges
everyone else is generally kidding themselves over short term variance, mistaking beat for alpha and/or simply doesn't have the sample size
Where should I start investing my money? Any advice?
>>1433097
trumpcoin
>>1433106
Is this a meme, or does /biz/ actually believe in this tinfoil stuff?
>>1433097
Buy ETC dip
Just a quick question:
I applied for a $12,000 loan for medical purposes. The bank I applied with offered me a pretty low interest rate over 5 years but honestly I could pay it off in a year. Will they let me? They're asking something like $220ish a month but I have the income to pay up to a thousand a month. This is my first time ever getting a loan so I don't really know the logistics of it. Id rather not have debt for 5 years. Can I negotiate with them to see if they will offer me the option to pay it in a year if they won't let me pay it off early?
Thanks.
Don't know if it helps but I live in Australia and the bank is NAB
Can you earn more with the capital elsewhere than the interest would cost you?
This is the equation you need to answer.
You can pay the bank back as fast as you'd like.
Why in the FUCK are you in need of a loan for medical expenses in Australia?
mfw I'm in the bottom 2 quadrants and working 2 build the top right, with an online service, and all the while the top left calls me "NEET"...
can someone explain this to me..
is it jealousy , bitterness , ignorance , or a bit of all 3 ?
>>1432975
You know this guy is just a bullshit scammer, right?
This shit is fucking retarded, it's for idiots. In almost all cases you need to work in a field and have a job before you can start your business so you know the in's and out's. And being an investor requires money too, which you earn by working your job
>>1432984
>In almost all cases you need to work in a field and have a job before you can start your business so you know the in's and out's
why are you assuming I have never had a job, or multiple jobs, and don't have passive income from investments?
>>1432986
I'm saying the quadrant chart is idiotic
Yeah lemme just become an investor or start a big business without any capital
Is it true that the "skills gap" is real and tradesmen are making good money?
Yes it is.
>>1432952
Yes. Most Americans can't do anything other than like things on IG, retweet and pin things on Pintrest.
I employ automotive repairmen who make $70-90k/yr doing something not particularly complicated.
>>1432952
Yep. Were living in economic collapse. We need people who can build society. Not crunch numbers.
So I have 2 semesters left before I graduate with a Bachelors in finance.
The thing is I never got an internship. Will I have trouble getting a job around May of next year? I have basically only 14 months of work experience which is not relevant to my degree at Fedex in a warehouse.
Should I be trying to get summer internships for next year or is that a stupid idea considering I will be graduated by then.
Will talk to adviser at school about this but in the meantime would like other people's opinions on this.
How the fuck haven't you acquired an internship yet?
1. Where are you in the world/usa(you better be near a big city)
2. are you on the dean's list?
3. what's your gpa
4. do you have family connections?
5. What kind of uni do you go to?
and 5. are you open to moving to a major city if you can't find a job in your area?
I work in finance, specifically as an actuary at an insurance firm.
>>1432813
>Where are you in the world/usa(you better be near a big city
Massachusetts so I don't live in the middle of nowhere.
>are you on the dean's list?
no
>what's your gpa
3.2
>do you have family connections?
Pretty sure where my dad works they don't allow that type of shit to happen. At least in the same location.
>What kind of uni do you go to?
Large state university.
>are you open to moving to a major city if you can't find a job in your area?
I would move anywhere in the country. As long as I have a job.
>How the fuck haven't you acquired an internship yet?
Transferred over from community college. Not like I was here for 3 years. But I don't have a legitimate excuse anyways. I am thinking it is too late at this point? You think so yes?
>>1432865
Do you have any siblings that work in the industry or may get an internship from pursuing the same degree area in college(especially a more prestigious one)?(Also, I don't know if you're a twin or anything, you'd be surprised at how many people get internships from siblings that have internships)
>I would move anywhere in the country. As long as I have a job.
Good, I hope you have the money for that though. Moving costs can range into the thousands.
>But I don't have a legitimate excuse anyways. I am thinking it is too late at this point? You think so yes?
It's not too late, but there's always work-study during the school year. Not sure if your university has that although most state unis do.
Good GPA though. Not bad. There's hope for you yet.
hello /biz/raelis i have an honest and sincere question meant for you guys.
what game has the best odds for some one to gamble in?
currently i've only lost about 70 bucks total on craps but probably 100 bucks amongst other table games.
is Craps the best choice? '
yes this is a real question, and yes i've played other games but craps seems to be the best.
also online casino sites for people who can't regularly gamble away from home?
How the fuck did you manage to lose money on craps.
>>1432611
not sure i start with only 40 bucks when i do play. lol
do you have some sort of method to make money?
Probs blackjack. Best chance of a rookie gambler going in and winning money.
Just follow the situational rules in that blackjack grid.