ROBINHOOD GENERAL THREAD
What stocks are you looking at? Tell us your success stories.
If I don't have my money by tomorrow I will flip my shit. Netflix closed at a high of $115 today and went as low as $96 the last week or so. I'm looking to buy 2 or 3 limit order shares and flip them real quick for realistically a $20 - $30ish profit. Anyone else doing this? How can I make money faster, I only have $500 to trade. And no I won't trade on margin, cash only. Also why is my screen black and can I change the color scheme?
I put a quarter of my life savings into CHK when it was 7 dollars a week ago. Made a frog post thread about it if anyone recalls.
Selling it tomorrow.
Going to let energy dip back down (hopefully) and buy in eventually again.
Nothing risky like that again though I don't know what the fuck I was thinking
I just put money into YINN at the end of the day, hoping for a good day for China (just a gamble)
(Also slightly depressed risk taking going on because I had money in YUM)
you can't trade on margin anyway
And it takes 3 days for your funds to settle after you sell btw
So I think it's smartest to keep some funds available incase there's a stock that you want to invest in quickly.
Shit. I bought when I saw your post at 6.75 but sold it a long time ago
shoulda kept it but oh well, I guess
Bought $INTC at $28.30 last week. Ended today at $32.52. Prolly will just let it sit on dividends tho.
Today bought RXII expecting to grow, and ABR as well so we'll see on that.
>SUNE said Wednesday it doesn’t expect to sell any projects to two of its own affiliates after they lost more than half their value. SunEdison said it will also cut 1,000 jobs as part of a restructuring.
You think m8?
Holy shit DWTI high/low was $77/$87 in a DAY. That's the shit you play with. Buy two or three shares, cash out for a realistic $10 profit in a day. Shouldn't be too hard to buy/sell at a $3 difference. Easy money for 5 minutes of setup. Buy with a limit order of $81 sell at $84 not hard to do
What should I invest in?
I have 73 dollars buying power.
I've been here for a while, but everyone's always saying different things or their stock is more expensive than what I can afford.
I really should have bought that HEAR when that anon first mentioned it in the thread where the guy had $400 and told us to make him rich.
>$83 to $68 overnight
Damn dude. Not sure if it's worth investing in the short term
One share of RDS.A (Shell gas stations)
$45 at Sept 28, $54 as of today and rising. You're not gonna get rich but it's a stable stock that you can at least make a few bucks off to get the feel for it.
Looking into this.
Anyone here going to try their luck with ZN (Zion Oil and Gas)?
If you don't believe I have money in it, you can have this I guess.
Yeah.. robinhood is easy to use for a complete novice like myself, and as far as I know they dont fuck you on fees.
I went in with 200 bucks.
Takes a few days to get everything set up and linked with your bank though
Who FOLD here? I bought in at 6.80 with 425 shares. I really see a lot of potential just curious as to what you guys think.
imo I'd close that.
Biotech is horribly volatile right now, and biotech minors thrive on announcements, which it doesn't seem like is coming up anytime soon. I don't see anything but down.
Just my opinion though, I'm not too familiar with them.
Appreciate it. I did my research beforehand and things felt pretty solid after the stocks massive decline on the fda needing more data on their drug. They are one step away from release and that's why I figured it would be a good buy. In the end you're right about biotech, thanks again.
Eh, they really aren't close. They're being sued for lying about that, they don't expect anything in Q4. But I mean, you've probably researched more than I have, so if you're confident, don't let me stop you.
Oh wow. I read before that was about securities fraud within the company not a delay. A senior officer had sold a large portion of stocks before its decline yadda yadda. Today their CEO bought 15k shares and yesterday their major shareholder bought 5 mil worth. That link may have saved me some tears. Keeping a close watch, thanks again anon.
It's a longterm investment for sure.
Or oil. Energy in general really.
Or facebook (watch out for oculus, I think there is potential)
Or dunkin donuts
Or consol energy. Peabody is 2Risk4me and seems more appropriate short term trading
That's my list of stocks to place bets on for the longterm
Tune in tomorrow for more
If you have 3k to throw around at a short term position, you might wanna take a look at BP. They've been rallying hard lately on the rising oil prices, and it could run a little bit more before finding a steady price. It has earnings coming up on Oct 27, and as long as oil keeps gaining it should be positive until around then.
Download Robinhood app. Put money in app from your bank. Wait 3 business days for the money to transfer to your available balance. Hit the magnify button in the app. Type FCAU. Click result. Click buy. Buy using a limit order, do not buy a market order or they will charge you 5%. Limit orders are free, set a price that the stock will realistically hit that day so it will buy at your set price. Done.
Fucking hell stop with this "they charge you 5%" meme.
The market buy is just an automatic limit order since robinhood doesn't actually do market orders.
It doesn't charge you anything. It just means your order is slower.
Also remember to use your price alerts so they send you a text when the price hits whatever you set it at. Good so you can not stare at a screen all day and just be notified if it's getting close to what you want/don't want.
No its a LIMIT as in it buys at the execution price up to 5% away from it.
It protects from volatility.
So if you buy something during afterhours, and the stock moves say 8% overnight, it won't execute the order in the morning in order to save your ass.
I'm still experimenting on trading stock, reading books and stuff.
Just bought two stocks PWE, just to toy with and get the feeling. My broker charged 50 cents, so alright.
/fit/ here, what's to stop you from just setting automated buy/sell orders at x and x+1 on a bunch of stocks and never losing any money? it worked for this guy https://www.youtube.com/watch?v=6nhhL_cebf0
HEY BRAHS. Here are some of the picks we went over yesterday. EXCELLENT DAY, LADS.
Should have got more.
Another good one.
Eh. At least it's rising.
Proud to say I brought this one to the thread.
Great job, lads.
Bought my first share today, RDS.A (shell gas). Was selling low all day, did a limit order for $55.50. When lower but eh still grabbed it while it was down. Gonna sell it next week for $56.50 and make a dollar, I'M RICH BITCH!!!
Zn never went to my 1.70 limit order so I didn't get it.
Fcau never went to 15.19 like it should have been at, and thus I didn't get that either.
I was away from an internet connection for most of the whole day.
HEAR fucking went up again, but I know as soon as I put money into it, it's going to plummet like with SYN when it was going up.
Fuck it, at this point I'd rather take the gamble and lose than keep doing nothing.
This is literally a kind of hell.
>I'll ride until it's time to end.
Yeah that's been my attitude towards it too.
I don't have much on it, but if it feels like it wants to do 5-10% a day, I'll stay on until the situation warrants otherwise.
Wanting to get started, but is it safe to give them my SSN and even link my bank account?
Seems kind of sketchy.
I dont know if it will tap 4-5 next week. I think it will stabilize at 3 - 3.50 bouncing up and down until their next earnings call around Nov 9. At that point depending on what news they have it will then continue moving up.
I may end up unloading 1/2 of my shares ~$3.70-$4 and moving my limit loss up only because an insider recently sold a substantial amount of shares. 79,200 to be exact.
All speculation, but that's how i gunna play this
My advice if you're unsure when you want to sell HEAR...
> Go to stock page
> Click Sell
> Click "Order Types" on the top right of app screen
> Choose STOP LOSS
> Enter any amount above what you paid
Even if you set it just a smidge above where you bought it, you'll get a profit. You can always cancel the sell order at a later time if you decide to change it or wait for awhile.
Some people realised there wasn't a brokerage firm that caught the low-value end of the market (the people usually betting on sport), so they designed an app for trading small-value parcels of securities with no brokerage fees.
Damn, there is some serious money to make here. Lets get some CFDs.
He steals from the rich and gives to the poor. He is poor himself, so I think he also takes some of the food he steals. Don't know to be honest, haven't read the book in a long time. Good question tho.
Honestly no I saw the app last year and even downloaded it because I thought I was a good idea, but I panicked when I saw hem asking for ssn because I get like they would get hacked sooner or later I realize now I was foolish and plan on doing so immediately
made most of these picks during the past 4 weeks
>r8 h8 masturb8
At the moment its sort of random. One thing I like to do is go to finviz and get their industry chart (pic related). Then I try to find major industries that are in the red and long a few companies in said industry. The idea is that the demand for building materials or industrial machinery is low but it will eventually pick up.
I got Western digital and Sandisk cause they both seem to be correlated and are currently in a slump (and you know demand for data storage is always going to increase).
A lot of them are hunches but I try to focus on companies that have constant demand but are in a bit of a slump.
Gold and the Canadian dollar are both down for the year so I got a few Canadian gold stocks (also I am longing CAD)...
Also I am biased towards making longs just because infinite headroom. But that could just be stupid.
Some of these industries only contain a dozen or so companies so its easier to weed stuff out. I tend to go for the higher market cap stuff.
Just find companies that make stuff with consistent demand that are currently slumping. Dont go wasting your money on photography equipment XD.
Penny will bring along used napkin and potato chip.
A lot of stocks took a dive today. This seems to be a pattern on Monday. Why do you think people hate this day so much. I placed a Stop Loss at 2.80, made a profit of .20 a share. Will see where this bottoms out to and reinvest.
I personally think it's good to watch stocks and see the direction it might go and cut losses to make a profit, and then come back in.
Lets hope you're right.
I lost money on PWE big time today, So I dropped it.
Everyone should check out GNE. Up 7% today, Partly due to their locating of oil in israel.
Assuming russia doesn't BTFO the middle east this should be a potential money maker.
I see that.
Yeah I have a feeling things should swing back for HEAR. They have new headsets coming out, and their HyperSound might actually do good for both the medical and commercial side, you know how much good PR a medical device can get.
I'm just hoping my additional funds clear in time to get back in.
I'm not invested but it looks oversold. You should have your gains back within the week. Always remember to have the mental stability when things take a dive, especially when it's a product or company that you believe in.
Hoping you /biz/natches didn't sell your HEAR stock. We're looking good right now.
So how did we do today?
Still in the red here, RSD-A limit order to sell at $56.50 this week hopefully make a dollar. Profit aside this was more a learning experience to see how things go. It's my first buy so I didn't want anything risky, just want to see what it feels like.
I suppose I should dust off my knee pads
I'm gunning for Netflix and DWTI. Pray to god I can scoop up DWTI for low $80 a share tomorrow. Thinking of canceling all other orders and buying all I can. Effing risky though... They've been fluctuating $10 a day every day so it could pay off.
Average price is $100. Scoop as much of that shit up for $90 while you can people.
No. Place a limit order to buy as many shares as you can at $89.74, just above the close price to make sure you get it. I can only afford three shares. Currently it's down to $89.01 after hours so when you wake up do a last minute check and adjust to whatever it's at before it opens. Historically speaking here >>923550
every time that stock gets above $90 for some reason it shoots up to $100 real quick, people get excited. Sit on it for a few days and sell it for $100+
A few more things, the worst case opening vs lowest price was a $0.95 difference. The next after that was $1.65 then $2 something. So whatever the opening price is, you can safely set a limit order for at least $0.95 below that and get it during the day. On this stock historically there has never been a time when the opening price was the lowest price of the day. Also use a limit order and take what you can get, because a stop loss buying order would execute as a market order and you could get boned. You will NEVER get the lowest buying and highest selling prices, just somewhere in between. So take what you can somewhere in the middle and be happy with it. Don't get greedy either, keep a clear head. Get in and get out as fast as you can, then on to the next one.
Not great, DWTI going down. This stock fluctuates over $10 a week so three shares takes a big hit when it's down. Bought at $89 this morning, at $85 now. Lost $12 so far. Usually sells at +$90 so I'm hoping to be good later this week.
Remember - Don't freak out. Red isn't necessarily bad, it just means it's time to buy.
idk the average price over 1 year seems to be about $16ish which is where it's at now, nothing special. Maybe if you could scoop it up for $14ish otherwise I'd pass.
Buy / Hold Netflix
1. Historically Netflix sells the lowest on Tuesday and highest on Friday
2. Quarterly reports come out tomorrow and they're expected to be good
3. Recent price hike from $8.99 to $9.99 a month hasn't scared anyone off and people are still joining. Good cash flow.
Grab a few shares today, profit later this week.
I was leary about that too but it's simple -
Capital gains tax are 15%. Come tax time you'll loose 15% of your gains for the year.
If you earn over $1,000 in gains in a year you will need to make estimated quarterly tax payments, easy to do.
TurboTax will automatically import everything you need when doing your taxes.
From their website - "Robinhood customers can use TurboTax Premier to easily import trade history when filing taxes. When prompted to “Import from my bank or brokerage,” select Robinhood from the list provided. TurboTax will ask for your Account Number, and be sure to add 10- before entering it. (Your Account Number can be found on your Account Statement in the app)"
I hit my limit orders of $111 on Netflix and $89.74 on DWTI, already seeing overall gains and expecting more this week. I just started doing this two days ago with $500 and I'm already up to $512. I knew taking that money out and investing was a good idea. I was nervous as shit but if you do your homework you'll find the right stuff. Best of luck m8.
So how'd we do today? I'm up $11 overall.
As predicted DWTI fluctuated $10 today (low $84 / high $95). Picked up 3 shares at $89.74 and reaped those sweet rewards. Historically speaking it should go up more tomorrow. Psychologically that $90 mark makes people go crazy and it jumps up to $100 real quick.
Hoping Netflix will do better tomorrow when they release their quarterly reports.
Fuck RDS.A that was a bad investment. It fluctuates $1 on average and I bought at $55.50. It barely hits above that and when it does I'll only make a dollar. Not worth tying up my cash for a small return like that but oh well lesson learned.
Find a NEET friend and offer 3% profit to trade under his name. Uncle Sam can eat a dick
ANOTHER EXTRAORDINARY VICTORY LADS
The road car portfolio of releases for 2016-2017 is good.
The 500 is copying the mini brand
Fiat are using the mx5 platform for a 2016 spider and coupe.
Alfa is returning to rwd sports sedan with the guilia and its brand is being distinguished more from fiat, Ferrari or Lancia
Lancia is being withdrawn from all markets outside Italy because they made three hideous cars in a row (ypsilon, thema, delta). And they can't make sporty cars like the beta or delta integrale because of Alfa being in the same market.
No implications of the euro market brands being involved in diesel scandals either. (Their focus has been petrol 2cyl turbos)
Jeep and Chrysler are a concern though. I can't see any future Chrysler being distinct or marketable. Chrysler has nothing going for it and very little history to convince people to buy into 'muh heritage' compared to Chevy or Ford.
Oil stocks aren't based purely on the price of oil (currently $50 a barrel). There are other things involved. Political influence, the holidays, new reports stating price per barrel is projected to go up to $70 a barrel in less than 12 months, historical share prices showing the shares jumping from $90's to $100's quickly, the fact that the stock fluctuates approximately +/-$10 daily. Just watch and you'll see it hit $105 I GUARANTEE it
That didn't go into the fact about DWTI having a psychological level based on its own price. All those things you mentioned indeed effect its price, but that's because they effect oil's price.
So i have some money to mess around with but want to keep my taxes relatively simple. How does all this buying and selling impact things? Do they (robin hood) send me a form at the end of the year with how much i owe? Do i need to figure that out myself?
Started with 2000, goal of 15% in a year. I've been slacking lots, most weeks not even taking a trade unless it both looks promising and the market is healthy.
No. Settlement is limited by the way ACH requests occur.
Day 1: You "ask" for the withdrawal from your bank, through Robinhood. Robinhood creates a batch and sends it to your bank that midnight.
Day 2: Midnight plus a minute, your bank receives the request. It preps the money and batches it out at midnight of day 2.
Day 3: Midnight plus a minute, Robinhood receives the batch and puts it in your account. Sometimes it won't be applied until sometime on day 3, or even at midnight on day 3 into day 4.
Of course, this only occurs on Monday to Friday. If you ask for the money on Thursday, don't expect it until Tuesday.
Terrible investment. Wells are unprofitable and shares have declined to much. The trust will be resolved before it becomes profitable.
Hold on to it for a few weeks it'll bounce back. Don't get antsy, that's how you loose money. Keep a cool head and remember when it's red it means the price is dropping so people are buying. Sit tight, let more people invest, and it'll come back probably at a low $3ish
Bought WMT a few days ago because someone on here said that it tends be the lowest in September/October, and highest in the spring because of of school season or some shit. It went down by 6 fucking dollars/share today.
How did you do today?
I did better than usual, but im still down 8 bucks. Hoping that HEAR impresses me again tomorrow.
So hopefully I should have $100 in my robinhood account by tomorrow or the day after. I have never traded stocks before but I know a little bit about them and this app seems pretty neat. I was thinking about buying some stocks in hear if I can catch it under $3 or maybe buying some stock in Walmart because that one dude said it would go up after black friday. Also considering some penny stocks ...
What are your guys plans?
I saw that, holy fuck. I'm in one share at $111 and fuck I hope it switches around by Friday. Might be more of a long term investment. They did get up to $700 and do a stock split so more people could invest. Let's sit this one out for a few weeks.
Yeah you think people are gonna wanna keep this piece of shit company anymore? Just wait till tomorrow when everyone finds out that the raging bull of the market finally tripped
Next time it hits 90s you won't see it hit 100 for a loong time
Disclosure: long NFLX (against my own will)
Pigs are high-risk investors looking for the one big score in a short period of time. Pigs buy on hot tips and invest in companies without doing their due diligence.
They get impatient, greedy, and emotional about their investments, and they are drawn to high-risk securities without putting in the proper time or money to learn about these investment vehicles.
Professional traders love the pigs, as it's often from their losses that the bulls and bears reap their profits.
It's headed for $120, look at the numbers. Also their quarterly report was great today. Pipe down and quit being a faggot
Nice, I'm up another $2 myself today. DWTI killing it again, love that stock.
I doubt it, I sold my netflix when it was at it's peak a while back. Shortly after the CEO sold a huge chunk of his own stock holdings so I'm guessing it's going through a steady decline phase. He'll re buy all his stock at much lower price once all the guys like>>925964 this sell after it takes a steep dip one of these days.
If you're still holding at this point better to just hold on but I wouldn't expect a turn around for a few market cycles at least.
Take a look at my savings account
$0.10 interest a month
In the mean time I've made $13 in 3 days using only $500. That's more than I'll see all year from my $10,000. That's why we do this. Granted it's not much but if I made $3 a day I'd turn that $1,000 at the end of the year. It adds up.
Bro, you should get an online savings account. I recently moved my emergency fund to Ally and they're giving 1.00% I'm making like $15 a month on my ~10K balance. Ally recently announced they are adding tiers (<5K, 5-25K, and 25K+) to their savings accounts but didn't indicate how it would affect the rates they earn. Even still there are a number of other online banks offering similar rates (Synchrony or something is another one). Just give the brick and mortar bank to transfer money into should you ever need access to it.
You know a 'savings account' isn't actually supposed to be a portfolio or even any form of investing. It's just a place to store money that you haven't yet put to work for you.
Invest in a mix of first rate bonds, mutual funds and high dividend stocks and you can easily get a 10% turn around. Speculating on day trades isn't investing, it's flipping a coin and hoping you come out on top.