Robinhood General Thread -- /rgt/

Bought a lot of ENZN today. It's about 25% of my speculative portfolio now.

First for FREE is the meme of the month

tfw sold ELMD for a small loss,

i dont even want to post my chart today..

>>1086981
>$FCX is for cucks edition
god dammit why didnt anybody tell me sooner

I lost a shitload riding that copper minecart straight down

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Anyone have an opinion on AUMN? Basically an idle mining company.

LABU was actually a decent call today. Bought a lot higher than I should have but it's nice to have some green when my memes are dying.

>>1086998
>fcx is for cucks
>listening to sixfuck's opinon

Freeport stock trades at a 20% discount to its book value and at just 6 times 2017 earnings. That seems to add up to a decent long-term value play.

Anyone who isn't on FCX right fucking now is a stupid fuck who is too retarded to think up what he'll eat for dinner tomorrow

Commodities are just low at the current moment, but like they do every 3 years they'll bounce right the fuck back up to the 20's and 30's

>>1087193
ELMD looking good today.

Don't use cuckinhood

Buy ethereum

>Bought bitcoin at peak. Now down 700 bucks.
>Bought stocks at peak. Now down 700 bucks.
>Bought ethereum at peak. Now down 300 bucks.

Just kill me desu senpai. It seems fate decided to cuck me.

$GIG...

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>>1087264
>>1087311
The shill wars are intense. Why not use both? What are your portfolios lookin like folk?

Wait, so how does Robinhoob make money off of this?

>>1087323
https://support.robinhood.com/hc/en-us/articles/202853769-How-Robinhood-Makes-Money

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>>1087317
Im still holding both. Im just waiting for them to go up again so I can finally not lose cash.

This is my current portfolio.

>>1087344

>Jared Leto, Snoop Dogg, Linkin Park, and Nas

I would strangle whoever said $XOMA was good. Bought in way too high

>>1087316
Gig to the MOON muh nigga

Finally figured out how to make money on this shit. Now I know why they say you need at least 10000 to start investing.
It has nothing to do with how expensive stocks are and has everything to do with the flexibility that using only a small chunk of your money to invest with gives you.

Doubling down is the name of the game but you can only play on blue chips stocks so that you can almost always wait out the clock to beat.

>>1087659
what companies are you playing with

>>1087003
Don't buy at that price if your day trading.

I've only been avidly watching them for about 4 months but it seems way to high unless you have news of something that might raise it more.

>>1087003

They own 2 mining sites. One ceased operation due to unprofitability and the other is a huge site with potential. They claim they're waiting for an investor or investors to go ahead with that site.

Their website looks like it was built in 1997.

This is the type of company I would subscribe to news alerts for. Maybe something pops up where they are moving forward with business and you can buy up stock on the cheap.

>>1087570
ultimately, you did.

go an hero

Those photo makes it hard to find the RHG thread, I keep scrolling past it.

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Anyone look at Lumber Liquidators? They got nailed on a safety scare spurred on by science illiteracy but have since been cleared. Their stock is basically bottomed out at the moment.

Chance to ride it back up?

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>>1088078
If you'd press Ctrl+f and type rgt (not rhg you fucking Philistine) that wouldn't be a problem.

Do you guys think NETE will rise soon, is it a good time to buy and try to ride a small wave of quick gains?

>>1088201
from my experience now isn't really a good time to buy ANY stock.

>>1087311
there is always a correction
ALWAYS
nothing goes straight up forever
wait for the correction every fucking time you dunce or get better to recognise when you've been hyped

>>1088215
great time to short though

Join group: https://telegram.me/joinchat/CEYFOTxyenho9oElh053OQ

Do you guys have any idea when robinhood might expand to Europe? They are expanding to Australia soon.

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About to board my flight. Going to yolo and set a market order for TVIX. I'll have Internet about an hour in to the flight.

YOLO

>>1088136
>search text
>on an image board
How about OP just uses the standard image you faggot.

Do any of you guys actually make money from trading?

>>1088526
>everybody should cater to my idiocy

Cool attitude bro! I'm sure the world will start bending over backwards for you any day now!

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How do I into robin hood? I don't know much about stocks?

> sold all my TVIX yesterday
FUUUUUUUUCKKKKK MEEEEEEE

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TVIX can't possibly go any higher today right?
Is the +13% jump just an overreaction, or should I buy more now??

>>1088542
Then don't. Learn on investopedia first, lest you jump into very deep waters.

Bought 4 shares of netflix at $88. Did I do good?

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>>1087003
Yum

>>1088579
Don't chase the runners

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I think it's a good time to buy MU. I'm fairly convinced it can't go much below $10. With the 3DXpoint products coming soon Micron's name will be in the news carried by Intel's shilling and their stock should rise just on hype and speculation alone.

I know everyone laughs at everyone else's portfolio, so can /biz/ show me any horrible mistakes in mine?

DD
HST
RTN
STX
F
ANTM
WFC
VZ
MSFT
CVX
OPK
BUD

I also just sold ESRX after realizing it would only go down, and I could cut my losses by using the funds from selling to purchase some other company that's fallen just as much (most in 2016) with great future prospects.

Got 1k shares of TVIX at 12.41 might hold overnight

>>1088639
100 shares*
Sold at 12.50

>>1088645
I'm waiting for Yellen to finish sticking her foot in her mouth myself.

UTWI hit 52 wk low anybody else feel like gambling?

*UWTI

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>>1088563
>>1088579
Hi there, fellow retard.

>>1088629
Pretty solid and diverse 2bh.
You don't belong here in /penny stock shitters/ general

>>1088629
>>1088695
My portfolio is a mix of penny memes and actual securities. Either way I'm getting cucked hard.

GE
GIG
LIME
LNKD
MON
TWTR

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>#FREE + #GLUU TO THE MOON

>>1088629
You should probably give up on VZ

NETE
ASTI
IAG
ATML
FCX
MSFT
GE
TSLA

>>1088706
gluu sure I can see that upswing nice and clear, but free? consistent down trend over the past year, falling volatility, falling trade volume (excepting two utterly failed rallies, shills?) if it's not de-listed in a few months I'll be amazed.

I have 200 stocks in SFXE.

Yesterday the stock became not trade-able (pink slip).

Do I still own those 200 stocks?

>>1088716
Any reason why? You're the second person to say it.

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>>1088738
lmao @ ur life

>>1088749
Since 2014 they've been using deep packet inspection to track and store customer information

They might get into a class action law suit at literally any time

>>1088760
Fair enough, I just got the dividend payment about a week ago so I don't mind jumping. Any recommendation for telecommunications? I'm eyeing Sprint for growth but I'm a whore for dividends, makes it feel like you actually purchase a share of a company and receive a share of profits.

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>>1088799
Personally I dislike telecommunication stocks because MAH OLIGOPOLIES
But if I were you I would probably jump on at&t

It's pretty low right now

>>1088799
$DISH has been pretty volatile but has growth potential. No div tho.

DESU the only company I would bank on for guaranteed growth in Telecom is Alphabet kek

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FUCK KNEW I SHOULD HAVE HELD TVIX

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>>1088850
wrong pic

I've just considered getting into stocks/securities. A co-worker, a asian guy who works night shift with me while working accounting stuff during the day, i've been talking to him about it recently as he's been into it for awhile, i've signed up for my Bank's securities thing online, wondering about some basic information on what I should be looking at, avoiding and etc.. as a beginner.
I've heard the Aussie market is pretty strong at the moment so there are some opportunities here and there (the asian guy invested in a new Milk company which went from $2 a share to $7 over the past few years, and his friend invested in baby powder which has raised insanely, something like $2 to $16 since China dropped their 1 baby policy recently, and every cunt is buying the better products from Australia they can't get in China.

But yeah, I have no real reliable places to look and analyze this information myself at the moment, just rely on others mentioning it and it's usually after the fact.

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ayy

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What are the today's hottest memes?

>>1088896
IAG and TVIX if you want gains.

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>>10889
Only have 2 shares in TVIX atm and, don't feel comfortable buying more until I do further reading and some projections. I know godlfags are probably freaking out right now and south African mining will be hot with their currency decline. Would you say IAG is total meme tier or legit long term growth?

Does anyone else think about ditching Robinhood and just throwing it all into Vanguard? I've beaten VOO by about 3% over 4 months and I keep feeling like now's the time to cut my lesser losses and invest in the market.

>>1088933
I jumped in without knowing what I'm doing and have been down a considerable amount ever since I bought my first shares in October. One of my holdings spiked today and I sold all holdings and got out with a small overall return and that's exactly what I plan on doing.

Made me realize I don't know shit and have no business fucking around until I put in the hours.

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>>1077715
Threadly reminder that meme stock shitters are always wrong.

Either swing trade etfs or buy blue chips.

>>1088965
>have no business fucking around until I put in the hours
ok, you figured it out, but keep your voice down.
we kind of need people to do that.

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It's been fun lads, but I'm losing way too much money meme trading. Maybe I'll take a class on trading or something and come back in a few months.

>>1088973
You fucking kike sixfucks
EVERYDAY WITH THIS SHIT

Freeport’s total debts of more than $20 billion overwhelm its $6 billion market cap,BUT Its total assets are a hefty $46.6 billion in large part because it owns plenty of machinery, property and resource reserves.

IT can literally buy up all its debt and still be in the green
Just because it's bad at the current moment does not mean it won't get better
You fucking idiot
It's literally the best long term stock
ANNNNNND
On February 10, 2016, Indonesia issued Freeport-McMoRan a permit to export copper. The permit allows Freeport to ship 1.03 million tonnes of copper. It expires on August 8, 2016.

You have no idea what you're talking about
shut the fuck up

So is ASTI getting delisted today or not? I'm tempted to go back in with 10k shares

>>1089095
ASTI is safer than ever, senpai. Go all in.

>>1089095
no

>Ascent just announced a breakthrough in power to weight ratio for its superlight solar module. At comparable performance, Ascent's module would weigh 66% less than its peers. This is a 2/3 weight reduction which is critical for satellites, space vehicles and space stations where power to weight ratio is key.

It's about to hit the MOOOOOON

>>1089121
All in bois

>>1089111
>>1089121
When I get a 10% increase, I'll send you both 5 bucks in bitcoin so get a bitcoin address in the meantime.

>>1089157
>meme coin
Might as well send me monopoly money
It'll probably be worth more

>>1089162
Be my guest if you don't want free money. Take less than 1 minute to get an address

>>1089165
>bitcoin
>money

ahaha
AHAHHA
AHAHAHAHAHA

There was an anon in one of the previous threads that mentioned a broker that only charged $1 per trade. Does anyone know which one he was talking about? Tried looking through old threads but couldn't find it.

>>1089173
>only charged $1 per trade
Probably shit fills, or some other sort of hideous catch.
Don't get nothing for nothing.

I'm up 7% from ATVI

Earning report after market close. Should I pull out now?

>>1089253
Nah, analysts still don't understand how big of a cash cow Hearthstone is

>>1089256
I'm ruined

>>1089320
That should teach you to listen to cucks on 4chan

So when's a good time to buy low? 2016 is a bad year for stock prices, should I wait til march to get the lowest prices possible? Apple and netflix quote at less than $90 today. Is it gonna go lower? I might want to get those.

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>dicking around with penny stocks on a meme trader in a shitty market instead of investing in glorious ethereum

I seriously hope you guys don't do this.

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>>1089465
>shilling urethreum in poorfag meme trader threads because everybody hides your nerdcoin shill threads

ISHYKYTBQHWYF

>GIG
my life is over
worst of all thanks to the 3 day waiting thing I can't sell because god knows what will happen in the 3 days when I get my money back, otherwise I would have sold today and put my money into SYN when it hit a dollar.

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>GLUU

today was a good day

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>>1089253
>>1089256

I hope you fuckin pulled out man

>>1089593
Man I fucking love this bitch. I mean, purely a looks thing, don't know shit about her personalitits. But her eyes suck my soul out through my face while her tits tug o war it from my cock.

On a different note, anyone know some good stocks to invest in in Ausfailure?

>>1089045
?
that wasn't me. and what you said is troll

Just got an email saying AGHI may hit $4.50. Wonder if it's legit.

>>1089593
jesus fucking christ those eyes hnnng

>>1089038
Here's your lesson bud. Learn to invest long term. Businesses more valuable than countries aren't going down overnight and have more rights than little companies.

>>1089977
http://theprofitletter.com/aghi/
This was what was attached, if anyone is interested. It kind of smells like bullshit to, IMO.

This morning I place an order and checked off "good for the day," but I'm still holding it. Is there some reason it didn't sell at the time of the market closing?

>>1090107
What type of order?

>>1090125
Limit

>>1090128
Did the stock price go under your limit price before market close?

>>1090107
Good for the day means the order is canceled at end of day if it isnt executed. meaning if the price of the stock doesnt hit the price on your order then the order expires at end of day

>>1090141
Ah, OK. I was mistaken as to what this meant then. I'm still trying to figure out how exactly how all the details of this app work.

>>1090134
Never mind, the order was executed.

>>1088799
Frontier communications is doubling their customers soon in an acquisition of verizon assets. It's pretty low right now and I estimate the stock should jump up once the acquisition gets going. I wouldn't suggest it for long term growth though as they make a lot of their money from cable tv and landline phones which are shrinking markets.

I'm still riding the ASTI train. No point in getting out now. But man I've been tempted.

>>1089595
I sold half my shares before the report. Now my other half is ruined

>>1088089
>Lumber Liquidators
>since been cleared

Says here that they just got slammed by the largest environmental damage penalty in history about 10 days ago. The accusations stuck, at least legally.

>>1088227
This, seeing something rise 100% in a day will see it fall soon after, hell I'm new and i know that.

Probably a great time to buy Netflix if you're looking for gains in a couple of quarters.

Though I know this thread is mostly super short term.

>>1089595
>>1090193
update, that rally in the morning got me up 15 cents per share from when I bought it. Sold the rest of my shares and never looked back.

F C X
UP BY 13%

So TWTR has been taking a bunch of measures to become more corporation friendly but pissed off most of its user base. What are the implications of this? Do you think it'll go down because they're finally starting to see a decline in users? Or go up because the focus will now be more on brands and advertising? Or do you not give a shit about shit ass trash like Twitter? I'm dying to know.

Making some nice dosh on uwti.

Get in now while its still cheap.

>>1090698
flip a coin

Wheres the goddamn sticky?

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Go ahead, tell me my portfolio a shit

>>1090708
It landed on its edge

>>1090702
Stocks are autistic today. Thank UWTI I'm making gains.

>>1090736
Me too bro.

Made 100 bucks today.

Reminder not to believe anyone that says you wont make big stacks holding leveraged etfs like uwti over an extended time. If you time them right.

NXTD is hard carrying today. FUCK YEAH

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>>1090826
Hot damn

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>fcx a meme they said

>>1090832
You guys always say this, yeah it's still a meme, a stock isn't good if it drops 100% and then rises 20%, it's still failed trash.

XGTI is finally back under .18. Time to load up for another run to .22

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>>1086981
>this thread image

>>1090831
Where is 2015 box with bearded men with black flags all over the map?

>>1090600
i bought some last week at $82. I was pretty sure their 6 month low was as bad as it was going to get.

It's been brought up a couple times now by more than one person (saying so you know it ain't a shill) but ACAD is a literal cash machine right now. Buy the dips, buy it all the way down, then sell the rally every three days or so. This made me some serious coin today.

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Today was a good day laddies.
Hopefully I don't lose it all over the weekend.

>>1090720
>uso

Bet you're having a good day man.

>>1090745
Why would anyone else say that? That's just dumb.

>>1091035
theres this thing that happens with leveraged ETFs called 'decay'

lets say yo have a normal ETF and a 2x ETF tracking the same thing

regular ETF goes up 10% on the day
2x ETF goes up 20% theoretically

now next day comes around
regular ETF drops 10%
2x ETF drops 20%

when we plug in real numbers here we will see the decay

regular ETF: $100 -> $110 -> $99
2x ETF: $100 -> $120 -> $98

see how you end up with less money holding the leveraged ETF instead of the standard one?

>>1090698

could be good for swing trading, the slope of their price line seems pretty reliable. Wouldn't hold for more than a week though. probably a bad buy long term since im guessing they make money solely off ads and the second those ads become intrusive, people will just start using facebook or some copy cat instead.

>>1091048
whoops my math fucked up

regular ETF: $100 -> $110 -> $99
2x ETF: $100 -> $120 -> $96


fixed.

the point remains the same

>>1090720

show one year graph pls. or shorter if you haven't been trading that long

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post gains

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>>1091092

>>1090698
Twitter is in JUST mode
>Diana Moon Glampers to ban all white men
http://techcrunch.com/2016/02/09/twitter-forms-a-trust-safety-council-to-balance-abuse-vs-free-speech/
>140 character limit gone in March (Just Myspace my shit up)
http://www.marketwatch.com/story/twitter-plans-to-increase-140-character-tweet-limit-2016-01-05
>4 Senior execs just quit
http://www.reuters.com/article/us-twitter-managementchanges-idUSKCN0V20ZF
>4th quarter 2015 showed negative user growth before this shit happened
http://www.wsj.com/articles/why-twitter-may-have-to-look-beyond-user-growth-1455149693

It's clear they have no fucking clue what they are doing. They are catering to the tumblr audience and it's fucking them over.

>>1091200
Don't worry
Lnked is next
All you fucking idiots who invest in these god damn .com are about to feel the Bern

>>1091212
Yahoo is circling the drain too

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>>1091092
I'll take it!

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My tax documents arrived today.

So how often do you guys withdraw cash? Or is the money you put in specifically to be invested and saved?

>>1091257
I consider any money I put in spent and gone.
Hurts less that way.

>>1091224
>>1091174
>>1091092
Now post your 1y graphs

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>>1086981
>www.robinhood.com

So OP, how exactly does this work? I use Scottrade & pay a mere $7 a trade for a real company backed with assets. Is this some MLM scheme you're involved in? Are you going to push FOREX trades next?

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>>1090736

I sold my UWTI today & bought DWTI again. I had sold my DWTI earlier this week at $360 & I just bought back in at $305. Oil is headed down again (I bet, literally)

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>>1090745

I made HUGE gains last year with DWTI (and a few lucky reverse trades with UWTI) my longest hold was 3 months

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>>1091320
>holding a 3x leveraged ETF 3 months

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>>1091324

yeah I bought it for $110 on September 15th & sold it on December 7th for $147. I the next day I bought back in at $133 and sold again 10 days later at $207.

I did one play after Christmas after I told my wife I stopped. I chased out enough take the family to Mexico in April.

Smartest move I ever made was selling my equities in 2014 and shorting oil.

>>1091315
If you read the web page they plan on charging for margin accounts once they get all the banking stuff cleared. No margin means no shorting or options either. Because they don't have any advisers or extra crap (even stuff that'd make fucking sense like volume charted on the price graph) it's really quite cheap for them to do purely digital trades. They have a clearer path to monitization than twitter and less overhead so why not?

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>>1091357

Thanks for the xplanation. still looks like an advertisement tho. You getting any benefit from this post?

>>1091371
Bruh, its zero commission trading.
The fuck are you bitching about?

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Ok /biz/, I'm new to stocks and wanted to start investing. I'm only 19, w.e.... Yeah yeah, I'll lurk more.
Two questions
>Samsung stock split when?
>WHY THE FUCK IS BERKSHIRE HATHAWAY STOCK AS MUCH AS A GOD DAMN HOUSE?

>>1091371
There's no referral bonuses or anything. Because there's no minimum deposit these thread are basically "baby's first cash day-trading" general. Thus why it's the most active thread on /biz/ besides the etherium shill

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>>1091378

nothing is free. NOTHING. How do they make their money?

>>1091379
You know those investing sites you've been hopefully reading the basics on? Those click bait articles about some dude named Warren Buffet? That's the mutual fund he runs. Very successful, very very rich.

>>1091389
From the money you don't spend that is left in your account.
Like a bank.

>>1091379
only 811k shares outstanding. These shares own all of Geico, Dariy Queen,Fruit of the Loom and many many others.

>>1091389
reclaimed by the jungle

does anyone here think $GBSN has any upside potential?

So once Robinhood Instant gets here, will /rgt/ finally be able to call themselves daytraders? [spoiler]^:)[/spoiler]

how do i buy options?

>>1091389
:(

>>1091610
tell her you're willing to "pay more to get more"

>>1091200
That is majorly fucked up. Jack Dawson is the biggest dickhead in business. If he was replaced by a cigar chomping 70 year old hard ass the stock would rise 35% instantly.

They have the dumbest fucking opinion on their own company. They need to monetize using the process that got them there.

I had a shower thought, companies should tweet coupons to followers, then there needs to be a pay system so that you can click on tweets and purchase from the vendor you follow. Companies should follow back so people want to follow more companies. Companies should advertise as tweets not canned ads, there should be a policy that companies be more active to keep a contract with Twitter so people want to get hyped.

Periscope should have tons of insider infomercial shit and cool shows the corporations do to show off new products live, so people feel more connected in real time to their corporations and buy products.

TL:DR Twitter should emphasize the community building aspects in advertising, with emphasis on tweeting ads not canned and make TweetPay a thing.

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I am really getting tired of fucking ASTI and just wanna get out of it once it hits .13 cents. Time for me to find some other meme stocks....

>>1087659
it's a slot machine, you have to know when to pull, and when you don't you have to anyway .

>>1091800
What do you look for in a meme stock?

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>>1092180
>Below 20 cents
>Bio, oil, or energy company, maybe tech company.
>what are people saying about it in terms of it's news
>what's it's volume history
>>>what would trump do.

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Gains

>>1087003

The value is obviously way different, but that chart looks a lot like how my diversified Robinhood Account has been performing...

>>1091606
DTG /day trading general/

>>1091800
sorry anon, it may never hit that again. Probably going the way of tbev

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>>1092530
Gr8 b8 m8

>>1091379
you can get b class shares drama queen.

183th for ASTI bagholding keks

>>1093150
I'll buy another 5k just for you.

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my portfolio is shit

>>1093171
>pretending you have money on the internet

Can someone please explain to me what the whole obsession is with ASTI?
Is this just bait or something? What's so great about it?

Is the idea that if i buy 500 shares at .9, and it goes up to say, 1.3 ill make a profit? Is that the idea?

>>1093615
bump

>>1093615
ASTI is just one of the stocks that is cheap so people buy a ton of it and make decent money when it goes up. It is going to pink sheets soon so don't get it.

>>1093428
Yup, that's what FREE lunch looks like.

>>1093841
>people buy a ton of it and make decent money when it goes up
None of those people are in this thread, however.

>>1093875
That's because they get out when they see profit and not hold it thinking it will go to .20+

idk wtf to buy guys, I have $300 to invest. help me out

>>1093920
ASTI

>>1093920
GIG

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>>1093899
>when they see profit
ok, bud

>>1093615
it goes up and down by like 50% on a weekly basis. if you get in while it's low you can make a ton.

>>1093920
the market is really shit right now so just buy dips of TVIX until you have enough money to buy longterm holds

>>1093920
Everyone saying the market is shit is right, US politics is a clusterfuck right now and that means little faith in the stock market. Look at inverse leveraged ETF's when everything is going to shit for a quick buck, but be warned those are intentionally highly volatile so they can drop fast. Not setting a stop loss for when everyone suddenly decides that doesn't matter is a fast way to lose 10% easy.

>>1093920
AMD and NUGT

>>1093920
everything in ford

>>1094068
Is AMD a meme?

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>>1094128
yes.

So is FREE going to hit 15 cents when it goes down to 6 cents again or is it going down for good?

>>1094141
WTF. How does a stock went from ~2.5k to less than 10 cent in one year

>>1094149
Don't know for sure, but the company is based in Greece.
Considering Greece's economy is in the shitter right now, that might be a factor.

>>1094149
Stock splits.

>>1094149
look at it on a google search too. It was worth way more at one point

>>1094286
It was over 1 million at one point

>>1094303
>>1094303
You guys are morons. They did numerous stock splits.

http://finance.yahoo.com/q/hp?s=FREE&a=11&b=16&c=2005&d=01&e=14&f=2016&g=m

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>>1094149

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Alright ladies what are dem stock picks for Tuesday, cause my body is getting ready.

>>1086981
Yo everyone buy SUNE Now shits going to eventually go back up in price.

I just got done reading about TVIX, but I was wondering if I could get confirmation about how it works here.
As far as I can tell, TVIX's price goes up if the market is shitty. Am I getting that right?

>>1094634
Correct. There's also XIV which is the inverse of TVIX and how to on bull days.

>>1094017
I'm starting to think it was a big mistake to hold TVIX over the weekend. I wonder if I should just sell first thing Tuesday morning or hold and suffer through any losses until it goes back up.

>>1094664
goes up on bull days*

>>1094670
So theoretically, could one constantly play TVIX and XIV and just make money like that, or would there be more to it?

I just went all in on $AUMN, what do you guys think?

>>1094674
Kinda, they're volatility indexes so if the market isn't moving much neither of them are making money. they're indexed to more to trade volume than to price

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ahh fuck
market it closed for president's day

Started day trading currencies, any tips for today?

>>1086981
Can you redpill me on the robinhood "free" meme? Whats the catch?

>>1094758
they dont charge you commission on dem trades but the money in your account that isnt actively tied up holding stock is being used by them to invest and make a return and a profit from.

sort of like the float the insurance companies and gift card companies make their real cash from.

>>1094714
Just realized this. Now what am I to do all day at work?

>>1094992
> not aligning your holidays with the NYSE
I couldn't stand my job for a single day if I didn't have meme trading distracting me.

OGZPY guys. putin will soon force his countrys economy to grow and make oil higher. the world fears him and he knows it, nobody will do anything serious against russia. just deebly goncerned :D:D t. UN

>>1094992
There are labor laws you know, Anon. You don't have to put up with this shit

Damn this thread died on Presidents' Day like a motherfucker.

But I'm bringing it back.

>>1095572
Die.

Tropic, get back to work!

WHEN THE FUCK DO WE GET OUR FUCKING TAX DOCUMENTS REEEEEEEEEEEEEEEE

>>1095747

This desu senpai

>>1095747
Got my robinhood tax return and profited $26. Which us good enough since I started trading in December.

What memestock are we gonna risk our family fortunes on tomorrow?

>>1096139
not GIG that's for sure. I'm still pissed.

>>1086987
Why would you buy that trash?! I hope you can afford to lose 25% of your hard earned cash

Going big on FRPT

Bitches love their pets

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>>1095747
Got mine on the 9th

Will $ASTI rise this week?

>>1096510
no

Gpro have any chance of recovering?

Didn't asti just have another delisting meeting last week

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>>1096543
They've been shitting the bed every since they openly announced that they were challenging apple in the smart devices market. I doubt that they will be able to regain shareholder confidence after creating such a powerful rival to directly compare their sales to.

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>>1094694
I'm pretty happy with my decision

>>1096607
w...why?

>>1096610
+27%
It was my first day trading too lol
It feels so good

>>1096625
congrats bro. i have not started yet. robinhood is still reviewing my application haha

>>1096607
You should set up a stoploss

>>1096632
is that possible with robinhood?

>>1096629
Good luck! Took a little less then a week for mine to go through
>>1096632
I will next time, I just did a market buy because I just stopped giving a fuck about my money and didn't care if I lost it all

So anyone want to tell me why AUMN exploded?

>>1096639
pump & dump

>>1096633
Yes it is. Go to Sell --> Order type on the top right --> Stop Loss

>>1096637
no I mean right now you're riding gains, so you should set a stoploss at (for example) 20% return so that if the price falls, you'll at least make it out with 20% if for some reason the price plummets

>>1096652
Ahh. Well I already sold it and still got +25% before it fell down to +18%

>>1096637
>>1096651
Thank you both!

>>1094434
I fucking told you guys

>>1096639
Market is shitty so everyone invested in gold, and it's pretty cheap

>>1096673
You can't just speculate without stating a reason. I mean you can but gloating about it doesn't help anyone.

Made a killing of AUMN from a 9:30 buy in.
Worth holding throughout the week or does its gains end here?

>>1096792
flip a coin. I say it ends here

>>1096792
Take the profit and move on top the next "meme"

How do I turn my $200 into $220 by the end of the month?

My life depends on this.

>>1096856
everything in ASTI. then sell when you hit that $20 gain

>>1096856
Suck 20 dicks for 1 dollar a piece.

GBSN really took off today. Good thing I bought the dip.

Oh boy that FCX sure was a shit meme huh guys
Only at $6.30 from $4
WHAT A TROLL

>>1096888
You called it at 5.64 and said it was going 11.
I hope you're selling off because a 7% gain is all you're gonna get.

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>>1096856
you already sucked 200 dicks, sucking 20 more won't make you not gay

>>1096856
Buy TVIX now and sell tomorrow when market tanks

>>1096895
You think it will stop tomorrow, or will the market continue to go down throughout the week?

GO GIG GO
GO GIG GO
GO GIG GO

To those who pump and dump daily, how much are you pumping? Funds aren't available afterward for 3 business days, so how do you keep enough funds to play around with?

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>>1093566
For you senpai.
Remember to give me your ETH address or bitcoin address so I can send you 5 buck when it go 10%.

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Whew might actually did myself out of this hole soon.

>>1096968
Ford?

>>1096944
You could do it by having funds ready each day. Just deposit everyday for a week while buying and selling. Robinhood instant will front you the cash from sales while your cash clears for 3 days so it'll be better soon.

>>1086981
>go back in 4 days ago
>invest in TMUS
>sell it tomorrow after earnings call

Who not plebbin' here

>>1096944
Not a RH fag but I swing trade. Every night I take my buying power and multiply by 33.3% and then knock that off the top. What's left is what I can spend the next day.

>>1097050
Do you make a steady amount daily that you're left with more each day?

>>1091569
literally
>>1096882
I know bro, I got some too. Nice little return.

>>1097066
It fluctuates. More like every 3 to 4 days as positions are exited. But it's not like I buy something every single day either, if my entry point isn't reached for whatever stocks I've set orders for, I don't get in.

>>1097050
Do you know of any good guides to get me started swing trading? I've been mostly gambling right now and I am not confident in it at all.

Ok, I went down the thread to see what stocks people are mentioning. Came down to 4 that looked interesting.

SUNE, ASTI, GBSN and FORD.

I have $500 to spare and gamble, I obviously want a gain, big or small. I'm more of a long term person and hold on to my stocks, but I could try a meme stock and sell a few days later.
Any tips? as to should I throw all my money into one purchase or do some purchases here and there between the stocks. I'm just looking for opinions

>>1097168
Never doubt ASTI.

>>1097168
all $500 into ASTI. Sell it as soon as you make 10% back.

ok does anyone know how i can play a limit order and a stop loss order at the same time. because if i place the stop loss order and then try to place the limit robinhood says i dont have any shares left to place.

>>1097184
You can only use one. The reason it's not letting you use both it because you already used all your shares in one order.

>>1097153
Learn to screen. Go to finviz and learn to play around with it. You're looking for undervalued stuff for longs and overvalued stuff for shorts. Develop a strategy and then get a paper account to test it. It's a lot of practice and a lot of work to get good at it but anything worth doing is.

Since RH doesn't let you short, here's a rough guide for longs. Anything over 5 bucks on this list on a daily screen is worth watching

Market Cap - +Small
Target Price - 30% above
Avg Volume - Over 300K
Current Volume - Over 300K
Country - USA
Price - Under $30
Insider Ownership - Over 10%
Institutional Ownership - Over 10%
52 Week H/L - 30% or more below

There's a lot more to it than that (like learning good entry/exit points) and everyone's situation is different but that'll give you a good idea of the kinds of stocks you should be looking at.

>>1097184
Not bad mouthing RH cause it's teaching people/removing barriers to entry, but I do this with every stock I own. That's surprising that they won't let you. Maybe you get what you pay for.

>>1097168
Don't listen to the meme pickers unless they show you proofs of profits (they can't).

Buy Ford, I went with GM myself, but really they're very similar.

>>1097203
It's honestly the worst possible thing, instead of having a failsafe to make money if the stock goes up and save your money if it goes down, you only have one.

>>1097217
That's why rh is for my play money at the moment. Maybe they'll add more features when they introduce margin accounts.

>>1097189
so is there no way to set up exits for both high and low and have it execute which ever comes first?

>>1097217
I've gotten bye regularly moving my stop loss up behind the stock throughout the day so far, and then just selling myself when it hits a level I deem acceptable.
Honestly the difference is made up by the lack of commission.

>>1097308
not on robinhood there isnt

>>1097308
Just move the stop loss up.

FCX is for cucks? so when it hits $11 which will be soon what will you say then? there has been so many stocks i have seen over the years on /biz/ that people talk shit about and then it shoots right up. Do even have any investments or do you just enjoying trying to fuck people out of making money because you are incapable of doing so yourself?

>>1097522
Jesus what is it with you people and stocks?
Invest in a fucking leveraged gold ETF for christ's sakes. Leverage makes up for the fact that it tracks the whole market by adding risk.
What do you think is easier to predict? An entire sector or one company?

>>1097522
how exactly do i go about investing in fcx? is robinhood the best medium? willing to risk money on this meme because I agree with your statement

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FUUUUCK YOOOUUUUU RUSSIIIIAAAA

> finally making a profit
> rh shits itself before I can sell
This is the fucking third time it's happened

I dumped about $200 into Robinhood to check it out. Lost most of it on shitty stocks early this year

Do I have to include these capital gains on my tax return?

It's literally like $11.50

But it's going to cost me $60 just to upgrade TurboTax to get the right forms...

>>1097963
You have a choice. Either don't report it and hope the IRS doesn't come after you. They likely won't, they're underfunded and you made almost nothing, there are bigger fish to fry. You are still breaking the law though.

Or do your taxes correctly and shell out the $60.

>>1097977
Damn I was kind of hoping there was a minimum exemption where you could avoid filing capital gains seeing as it will probably cost more money to even look at this 35% of $11.50 number than to just let it go..

How does everyone here feel about oil? I bought in DWTI at market open and almost shit myself when I saw it drop that far, but I'm holding on tight.

Apparently "freezing output" means keeping it exactly where it is, right? Plus there's the sanctions on Iran are supposed to be lifted?

Oil can potentially drop to $20, right?

>>1097977
I don't remember the minimum but if you make less than 9 or 10 thousand you don't have to report anything to the irs. Google it to make sure, faggot.

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>>1097963
Accounting Major here
if you lost money you can offset it against your capital gains with a carry back of 2 years

>laymans terms
report it, it's a tax benefit, it'll lower your taxable income for up to 2 years back wards if it exceeds your taxable income in the previous years

Cheers m8

>>1098049
This. Report your losses

>>1098023
It could, but every Republican presidential candidate has said they will turn back the deal. So Iran would be pressured into cutting back, and oil could definitely spike back to $60-$100 with a coordinated output reduction. But you're right, if it's the status quo with Iran flooding OPEC will just start flooding as well and oil could go below $20 really easily.

It will be a huge pay off if you get the prediction right, but it's just too damn risky for me.

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Go long on NRG, it's expected to hit 52 week high was $20 something

>>1098052
I have some dosh to play with but I've never been more freaked out than now. Coordinated reduction doesn't seem like that's going to happen...yet.

Plus how is our fracking going? I haven't heard of any reduction on our side either. It's like a big game of chicken.

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>>1098053
My nigga.
I'm kicking myself over not having the funds to buy more when it was below $10.

>>1097962
LIMIT
I
M
I
T

>>1098023
YOU BET WRONG SON

OIL TO THE MOON

UWTI IS THE ROCKETSHIP

CLIMB ON FELLAS

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>>1098109
JUST FUCK MY SHIT UP SENPAI

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>>1098113
IM RIGHT WITH YOU BROTHER

>>1098115
Look closer, mine was a market sell, not a buy, just before the rally. I figured if it was going to take off it would've happened right after opening, when it didn't I panicked.

Congrats on your gainz tough.
You probably bought my shares.

>>1098124
oh

kek

im sorry for your lots

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My gainz!

>>1098129
That's pretty good man. I've gone up 30 bucks today already, feels good.

Have we given up on memes? The thread has been dead for days

>>1098136
I don't know about you, but I've been watching some memes, but also other stocks like GRH and CCCR.

bump limit reached, new thread lads

>>1098148

>>1098136
Im considering gig atm. seems like a solid meme.

>>1098109
>>1098113
>>1098115
"It looks like traders involved in these oil products would rather catch a falling knife than follow the established downtrend."

Hmm i dunno guys...

>>1098792
link
http://www.etf.com/sections/daily-etf-flows/most-dangerous-oil-etfs?nopaging=1