Robinhood Thread

>>2849829
I lost everything. Kill me.

>>2849854
Your entire portfolio has $4??

>>2849860
I'm new to Robinhood. Got the free stock. Any recommendations for me? I'm down to put like 3k on something

>>2849829
OP here
I've made my success from buying on margin. Regardless if a stock is going up or down in price I will buy and flip it for quick profits. Anyone else have any good methods?
This has been working really well for me (virtually can't lose money) but it's hard to find the right ones to do

>>2849866
See
>>2849866

>>2849854
Lmao and I laughed at the guy that was playing with fucking 25 dollars

>>2849883

That's called scalping

Jew

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>>2849829
Broke even my first day. Bought AMD, stock closed right where I bought it. Still have some funds to toy around with, considering MSFT and SNAP after it bottoms out.

Let's talk about SNAP, you guys

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Doing ok for myself, got the basics down

>>2849829
/Robinhood General/ should just morph into /Stock Market General/. Every other thread is about crypto, might as well just make this the stock market thread, while acknowledging that many of us use Robinhood to trade.

>>2850010

what's your routine

>>2849966
Uhh I wouldn't call it scalping since I'm doing it with penny stocks

Penny stocks have very large margins (up to like 50% in a day)
So I look for what the average low is and throw in an offer for that price sinking a few hundred dollars into it and buying a few thousand shares.
Once it buys then I just wait for price to spike back up and I have profit
>usually will buy stuff for like $200 or so and sell for $300-400 in one trade doubling my money invested in just one day

>>2849887
This isn't very helpful anon...

>>2849852
Literally how

>>2850095

Actual penny stocks OTC or just really cheap/low vol stocks on NYSE/NASDAQ?

>>2850023

But I like the name robinhood.

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Signed up today, how long until us Austfags get to play?

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>>2850203
Like actual penny stocks
>pic related

This one kinda sucks but you get the idea. I just didn't want to give away my good ones since they can be low vol sometimes

>>2850443
>pic also related
>180% increase in like 5 minutes.
Just buy large volumes of cheapest stocks you can find and you get the most profits

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>>2850483
Forgot pic cuz I'm an idiot

>>2850483
>Just buy large volumes of cheapest stocks you can find and you get the most profits

Interesting strategy. Good luck with that.

>>2850498
Anything currently tradeable on Robinhood?

>>2850443

Seems like a dangerous game. What if you can't unload quickly after? I'm sure you've gotten dinged hard a few times even if it seems like you're generally running positive.

>>2849984

I'd say short it

>>2850035
Keep up to date on rumors, hold, check once before markets open, 3 times throughout the day, once after they close. Weekends update myself on trends and news. Make game plan for the next week

>>2850873
I'm OP so just look at my all time chart that's what I've been doing

>>2849984
I find it hard to believe that something like SNAP will never be profitable. It has a large user base especially among young people, it has plenty of great features and they are constantly adding. Those are just my thoughts though, I am no professional when it comes to investing and companies but I am young and I know that snapchat is pretty damn popular with a loyal userbase.

>>2850203
you cant trade OTC stocks on robinhood

>>2851063
That's exactly what I'm thinking. Shorting it seems viable for now, especially until the lock out expires on the 29th, but it seems likely to bottom out after that. It seems quite unlikely that SNAP will just simply die out, their product is super popular, and there are plenty of major players with serious money invested in them. Willing to bet that after they hit their floor the stock will rise back up to $30 or so, at which point you could cash out, or hold long term and bet on them seriously competing with Facebook.

>>2850095
that's called gambling

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Nice job OP

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My chart/gains are all fucked from PIP/ALT merger but I've been doing pretty good regardless. AMD, MU are my biggest holdings, about $5k in monthly dividend stocks the rest in a mix of tech, defense, and gaming.

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I've been sucking out profits and keeping the same amount ($9600) at play. So I've cashed out over 3600 using 9600.

If I can jigger my way to making five grand this year, I am seriously considering adding 20000 to my account and just daytrading with between ten and sixteen grand.

>Have $100 on robinhood that I used to buy AMD

I-i'm a whale!

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I live and die by JNUG & JDST.

>weekend
>no trading to do
>spending all day reading/watching about trading
>looking over my charts
>discovering new strategies and compare them to my charts
I put more time into this than I put into my normal job, thank god its an overnight job so I can trade all day.

monday when

>>2849829
FUCK

I'M EUROPEAN, IS THERE A ROBINHOOD LIKE APP? IM SO SAD IT LOOKS SO NICE ;(

How come these threads are always at the bottom of the catalog?

>>2854042
People only care about retarded cryptos

>>2854054
I mean like they're auto saged or something

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>>2853986

You're lucky anon. I have to work all day and trade all night.

>>2853560
how do you trade those? looking at the charts, I wouldn't know where to start. They seem volatile, which makes for nice opportunity, but how do you manage to know when to make moves?

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>>2853991

Nope.

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>>2854042
>asking why the trading threads are dead on weekends

>>2854042
>>2854260
basically this

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>>2854260
>>2854271
It's literally stuck in the same spot in the catalog regardless of new posts

>trying to become profitable
I'm spending dozens of hours learning and finally last week I had a big green day, then gave it all back and then some. I'm having more winning trades and I can see where I'm fucking up now, 2 weeks in now and this past week I decided to take it as seriously as a second job. Anxious for Monday so I can try new things and see if they make a difference

Anyone need a referral link? I got one. Comes with a free stock

stop

>>2854696
I would like a code. Can you send it to this temporary email address?
[email protected]

>>2856061
meant to respond to >>2855147