/biz/ - Business & Finance

It Made penny stocks worth it. But those have never been more than a gamble any way. Now its a relatively free gamble.

Better than the lotto, but not by much.

At entry level though, why would you play with pure unrefined speculation? With 100% risk? And turning a liquid asset into a structurally illiquid one?

It matches 1 Securities investment strategy.

If you're trying to buy large stocks in volume, where pennies translate to a few hundred to a few grand, that's where you get hit.
I'll pay my $10 a trade to not eat $20 on a purchase price fail.

There's no education or risk mitigation to it. Its just time to dance in the fire.

The thread as I can see is mostly containment. and its worked very well.

Futures have the exact same risk profile, but are leveraged.

Options you can set your risk, at order entry.

They're both much cheaper than outright stock. with much better Risk/Reward profiles.

You start on the index fund bunny slope where everyone is having a good time together. You don't start on the double black diamond penny stock. Sure you might get lucky and get a helicopter ride to the top. Most get a helicopter ride to the hospital, some just got chewed up by an avalanche and if they're lucky look forward to months of eating bloody snow.

>>959931
Pretty much every brokerage except RobinnsHood.