Current Events > Fuck it y'all got me, downloaded Robinhood

(+) Yeah! (+)

Gonna put a grand down tomorrow. I hear good things about best buy, AMC and blackberry. What else am I looking for?

I want to be in on something just one GODDAMN TIME when it's finally popping off.

@jeffhardyb0yz @darkprince45 bless me with your insider knowledge

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Calls on Aphria it's projected to be $26 by next year.

Edit: if you don't want to fuck with options then just buy the stock.

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Im behind the curve now. After 6 months of waiting, robinhood literally just approved my account. - minute after td ameritrade approved mine lmao

I think the train for GME is too late now. The meme is gonna die

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darkprince45 posted...

Im behind the curve now. After 6 months of waiting, robinhood literally just approved my account. - minute after td ameritrade approved mine lmao

I think the train for GME is too late now. The meme is gonna die

I don't think so. There's 76,000+ options expiring on Friday so you have until at least then to get in.

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I read a study that showed how amateur investing robinhood was a somewhat good predictor of a stock to do POORLY

I wouldn't listen to the internet horde... That's just survivorship bias

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As someone who's broke but actively follows business news, is it worth it?

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don't invest in individual stocks while you're getting your feet wet.

If you're expecting to get rich quick from stocks you're going to end up like 99.99999999999999999999999999999999999999999999999% of r/wallstreetbets and hoping that you're that 0.000000000000000000000000000000000000000000000001% while losing money or getting lower gains than others.

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If you actually want to start investing properly invest in big stable companies that you expect to hold shares of for years.

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I Like Toast posted...

don't invest in individual stocks while you're getting your feet wet.

If you're expecting to get rich quick from stocks you're going to end up like 99.99999999999999999999999999999999999999999999999% of r/wallstreetbets and hoping that you're that 0.000000000000000000000000000000000000000000000001% while losing money or getting lower gains than others.

Oh no I'm not expecting that at all. I want to invest in a few companies at 200, 250 each or whatever. I'll be happy to double my money and bow out gracefully. I'm not expecting tesla growth or Gamestops recent surge growth at all. I'll be perfectly fine with 10-15 percent growth.

But there's no downside in the sense that if every company I pick fails I'll owe money? Like I read on here of people being down x amount of money. So like if one of them I pick is absolute trash but I put in 100,there's no way for me to lose the 100 and owe an extra 50 out of pocket because I put in the 100 right?

... Yeah I'm new at this don't kill me -_-

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That's for options and shorts.

If you are just buying stocks you can only lose the money you put in.

*god damnit, always forget I am on my laptop and chrome, wrong account... anyway

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Makeveli_lives posted...

. I'll be happy to double my money and bow out gracefully

I Like Toast posted...

you're going to end up like 99.99999999999999999999999999999999999999999999999%

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ImAMarvel posted...

My coworker keeps talking about stocks and I really want to make some good money. Should I start trading now? I think I've asked this question before and I'm too afraid of fucking myself over. lol

I don't expect to get rich quick but I hear you should set aside a few hundred to start out with.

The earlier you start investing the better. Your money will grow if you make the right decisions so start early.

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Are you putting money into your ira and 401k?
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Makeveli_lives posted...

But there's no downside in the sense that if every company I pick fails I'll owe money? Like I read on here of people being down x amount of money. So like if one of them I pick is absolute trash but I put in 100,there's no way for me to lose the 100 and owe an extra 50 out of pocket because I put in the 100 right?

No, you won't owe money, when people say they lose money it's just because they bought shares and the shares went down in price.

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Whats all the hype with AMC? Why do people think it is good to invest there?

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I would say focus on stocks that give dividends first. Have a set percentage of stocks that give dividends and use the rest as fun money.

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I'm a new user. I've apparently made $260 after investing like 1000 in just then one stock. Its only been like 2 weeks.



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My stock in Nintendo is bad. I bought it like at 80 and its at 75 now.

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JMIA, BB, AMC, FUBO, PLUG, PLTR. GME prob still okay until friday

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MLFB fam

I put 500 bucks in and I went down to 300 at one point 3 months ago. Now at over 1300. Looking to see how high I can climb without any more deposits.

My strategy (which I have been told is not good but I have had success) is investing in companies that are 1-10 dollars. I have only had one stock tank after a big purchase on me (which my friend basically assured me would not happen and I trusted him) That way I can buy a lot of stocks from them. There are plenty of well known and stable stocks that you can purchase though that are not 200 bucks btw.

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samurai bandit posted...

Whats all the hype with AMC? Why do people think it is good to invest there?

Because its going through the roof. Theyre no longer facing bankruptcy, and as the corona vaccine goes out, theaters and stuff will start reopening.

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NeuralLaxative posted...

JMIA, BB, AMC, FUBO, PLUG, PLTR. GME prob still okay until friday

So what's the deal with that? Is it supposed to go up on Friday or are people going to be selling in Friday and it drop?
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I suggest buying one option call with a one year expiration for AMC and you should be GOLDEN for this year.

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tag

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Heineken14 posted...

So what's the deal with that? Is it supposed to go up on Friday or are people going to be selling in Friday and it drop?

76,000+ options expire on Friday.

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Wtf are options

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Tyranthraxus posted...

76,000+ options expire on Friday.

You got to understand we don't know wtf this means

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To do day trading so selfishly, and use it to get myself wealthy!

Now there's a concept that works. 20 million meme investors emerge, but no matter what's pumped by WSB, it would be so empty without GME.

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i tried signing u for robinhood, but it wants me to link my bank account. why? cant i just pay with a debit card or whatever?

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Makeveli_lives posted...

You got to understand we don't know wtf this means

It means people will buy 7,600,000 shares on Friday on top of everything they're already buying.

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pojr posted...

i tried signing u for robinhood, but it wants me to link my bank account. why? cant i just pay with a debit card or whatever?

p

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does anyone here just put in like $100 whatever into one company's stock and just ride it for years? or does everyone sell/buy constantly when stock goes up or down even just a little bit?

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pojr posted...

does anyone here just put in like $100 whatever into one company's stock and just ride it for years? or does everyone sell/buy constantly when stock goes up or down even just a little bit?

It's a mix for most people, but the active discussion is about trading naturally.

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pojr posted...

does anyone here just put in like $100 whatever into one company's stock and just ride it for years? or does everyone sell/buy constantly when stock goes up or down even just a little bit?

My actual retirement accounts are mostly in ETFs.

Outside of that, i do different things
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emblem boy posted...

pojr posted...

does anyone here just put in like $100 whatever into one company's stock and just ride it for years? or does everyone sell/buy constantly when stock goes up or down even just a little bit?

My actual retirement accounts are mostly in ETFs.

Outside of that, i do different things

Off to look up with ETF means, because I think that means early termination fee, but I assume it probably doesn't
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Put 45 bucks into SNDL because fuck it, why not?

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This is a dumb question, but can you put any amount that you'd like into a stock? I say that because people keep saying "oh I went up to $6, or "went up to $16". If it went up to $16, why can I still go in for just $1?
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pojr posted...

This is a dumb question, but can you put any amount that you'd like into a stock? I say that because people keep saying "oh I went up to $6, or "went up to $16". If it went up to $16, why can I still go in for just $1?

Many brokerages let you do fractional shares, so yes, you can buy partial amounts of a share which means you can put in just like a dollar if you wanted
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emblem boy posted...

pojr posted...

This is a dumb question, but can you put any amount that you'd like into a stock? I say that because people keep saying "oh I went up to $6, or "went up to $16". If it went up to $16, why can I still go in for just $1?

Many brokerages let you do fractional shares, so yes, you can buy partial amounts of a share which means you can put in just like a dollar if you wanted

Nice, thank you. That's what I figured
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New bag holders are being born everyday

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ahh the American Dream

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