>Buy a stock >Sell it for less than I bought it for

I do this everyday

>>1310363
Can you pls make the background sfw blue

>>1310387

What?

>>1310363
is doing this a form of altruism if you intend on doing it?

how else do you think I launder my money mang?

>>1310427
>a form of altruism
How?

>>1310363
how much less?

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>>1310458

8.2%

>buy stock
>sell on an intraday upswing for 0.4%
dem sweet sweet gains

>>1310462
>8.2%
I just did that for around 15% Monday, because I wanted to add 100 to the block I already owned, but added another block by mistake.
Because of FIFO, when I went to get rid of it, the brokerage sold my original position, realizing the loss.

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>>1310387

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>>1310478

Tax deduction nigga

>>1310457
you're letting other people buy the stock rather than holding onto it for your own gains. I usually set my sell price to be a bit lower than I could because I want to let others get in on the gains too

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>>1310485
>Tax deduction
Or it gets off its ass sometime this year and I end up with a gain.

>>1310468
This literally is only viable on Robinhood. Robinhood Express must seem like absolute heaven to a guy like you

>>1310498
Well, if the stock has fallen in price (so you'd be selling at a loss if you did), wouldn't you be doing everyone a favor if you held the stock as it lost more money, rather than protecting yourself from more damage by selling?

>>1310502
if robinhood allowed options, id finally use that thing

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>>1310363
>the absolute madman

>>1310363

Brilliant!

>>1310363
>tfw can't bring myself to sell
>tfw sitting on 10k paper loss

Literally every stock I've done :)

>>1310502
Mad that you have to pay commissions cuck?

>>1311971
Lol
Yeah, I bet he wishes he had a real broker, like you

Either i do

>>1310485
3k max loss deduction a year.
fuck the system

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>>1310363
>Friends ask me for investment advice
>Tell him not to invest in bitcoins but index funds

/mischief/

>>1314140
Get trader status.
No maximum.

>>1314185
>wanting to buy overpriced assets

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>>1314140

preach it

>>1311497
im at a $19,000 loss with 2grand left
2nd account down $3,400 with 356 dollars left