/biz/ - Business & Finance

first i need robinhood in Canada, so i can get some success stories for this thread

fuck me

I started with 200 dollars today. The market closed and I made 20 cents, then ir went up another 8 cents in the last 2 hours.

This is really fun i love this cool app

>>919269
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?

>>919282
Its white and green when the market is open, black and green when closed.

>>919290
Sounds like you havent had "bad" days

Made 100 dollars on FCAU this week. I'm gonna try to buy more before the IPO.

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.
Literally euphoric
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)

>>919297
Oh yeah it went down for a little while for me but I recovered. I am still new.

When you are down its red.

>>919290
Ahhh makes sense thanks

>>919282
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.

>>919321
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.

>>919325
Yeah you can't tell with the energy stocks.
It'll go up one week then lose 10% for seemingly no reason. Anxiety about the damn thing is distracting me during the day

>>919269
So what is the difference between this and vanguard?!?

Can someone please explain

>>919269

I know literally nothing. Can I make real money doing this or is it all virtual just copying the real market?

FIVE
I
V
E

PERCENT
E
R
C
E
N
T

Bought 10 shares of XOM when it was $69, another 20 when it was $74, it's up to $80 right now. I'm liking it.

>>919414
If It was virtual it wouldnt be able to ask for your personal info aand bank information. Its real.

>>919269
Who YUM here?

>>919269
P A C B
A
C
B

SUNE to the moon tomorrow.

>>919441
>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.
http://investorplace.com/2015/10/sunedison-sune-stock-a-sell-despite-its-new-strategy-sune/#.VhcUbivYhdA

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

>>919441
Looks risky. A lt of people pulled out because of their shit business strategies.

You think their new strat will be any different?

>>919441
Fuck it, going in long 80 dollars

See you later space anons

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.

>>919443
We will have to wait and see. Rose %30 in the last 6 days even with the layoff and restructure news.

Newfag here, any tips for some who knows nothing on what to do?

>>919459
Wait until you have more money.
Never try to invest when the risk outweighs the rewards. If you do its literally just gambling.
IE penny stocks.

>>919435
>$83 to $68 overnight
Damn dude. Not sure if it's worth investing in the short term

>>919470
they are going to downsize corporate and most likely change their entire holdings
i'd bet that TACO will become the new symbol

FCAU
EVERYONE JUST BUY FCAU
Seriously, do you not want free stocks for the Ferrari IPO?
I don't know why you aren't buying this rn.

>>919462
Don't even try. Go to the casino instead, your odds are just as good. You're going up against high-frequency trading algorithms and financial experts.

>>919459
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.

>>919477
Looking into this.
http://www.bloomberg.com/news/articles/2015-10-08/ferrari-said-to-push-for-12-4-billion-valuation-in-ipo

Anyone here going to try their luck with ZN (Zion Oil and Gas)?

>>919477
How many shares. I will buy $50 of shares tomorrow. How long do I need to hold them for

>>919477
I dunno dude fiat looks pretty bloated ATM

just my two cents

>>919487
I have 1000 dollars in FCAU right now, which is 64 shares. I'm gonna try to put another 500 down before then.
The IPO is filed Oct 13 at the earliest.

>>919343
Do you really need an explanation? They are nothing alike.

>>919492
Prove your past success

>>919499
Uh... go look at a chart for FCAU?
Or any related news?
Not sure what you want me to prove.

>>919276
I'll do it for thirty bucks and a Twinkie but you gotta get the hotel Room

>>919502
If you don't believe I have money in it, you can have this I guess.

>>919343
Vanguard = zero commissions on Vanguard mutual funds and etfs

Robinhood = zero commissions on limit orders (don't do market orders), mobile only

>>919486
I'll put $20 on it

Well, I just put in orders for FCAU and ZN.

>>919530
Me to, limit orders
15.20 on FACU and 1.60 on ZN, should be able to pick that up by next week

New to all this. What the best way to buy FCAU?

>>919539
With money.

>>919539
Money I would assume to be the best method.

>>919534
1.60?
It's at 1.70 now and I don't think it'll drop by that much. I'll keep an eye on the afterhours though.

>>919539
>shit in bucket
>go to investment palace
>get them bucket of shit
>receive valuable paper share of FCAU
>hide it under the pillow and wait for the tooth fairy to bring you money

What I was getting at is what app or broker is the best way to purchase stock? Where will I get acceptable service but not ripped off on fees?

>>919564
Who knows?
What app/broker could everyone in the Robinhood general thread be using?
It's truly a mystery.

>>919564
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.

>>919575
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.

>>919580
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.

>>919585
http://www.marketwatch.com/story/amicus-therapeutics-inc-sued-for-securities-fraud-in-an-expanded-class-period-2015-10-08
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.

>>919586
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.

>>919470
It's a longterm investment for sure.
Like Volkswagen.
Or oil. Energy in general really.
Or facebook (watch out for oculus, I think there is potential)
Or dunkin donuts
Or AMD
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

>>919596
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.

>>919539
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.

>>919609
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.

>>919575
>$13.99 to $6.39
This is why you set stop losses people. IF YOU ARE TRADING ON ROBINHOOD DON'T FORGET TO SET A STOP LOSS ON EVERY COMPANY YOU BUY SO YOU DON'T GET FUCKED IF IT TANKS.

>>919616
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.

>>919613
So your telling me if I want a share at $80 I will get it at $84 instead? That's a huge difference.

>>919638
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.

>>919269
What is this now and how do I get in on the ground floor?

I bought 20,0000 shares of Berkshire Hathaway, made a few girillion dollars. I'm Jewish by the way.

>>919651
So if I see a stock is at $80 and I place a market order to buy one share during the morning, it's possible the share could be bought at $84 if the price fluctuated suddenly?

>>919704
Yes. That's what a market order is anyways, generally speaking
>it's my stock and I need it now!
Except robinhood isn't sanic-fast so you may miss out on the price you wanted

>>919715
True. Idiot me paid .285 a share for some stock, it hits .31. I sell instead of limit sell. Sold at .28

Lost like $2 instead of making it.

When should I dump HEAR?

>>919626
Wait what?
Price alerts?
Robinhood doesn't do this does it?

>>919732
Yep it's under the settings, you can set up text/email price alerts.

>>919477
>>919306
Bro just so you know an IPO will typically drop the stock price because they dilute the over all amount of shares. People who held the stock before the IPO don't like that their stock value has gone down, especially in ownership.

>>919757
Does it run under their slow charts, or does it use real time like with when you're ordering?
It's pretty useless if it runs under how their chart works.

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.

When I place a limit order and enter in the price I'm willing to pay, do I just enter the current market price for the stock?

/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

>mfw I only have 50 shares of HEAR

>>920089
Commissions

>>920159
why do i hate denzel washington so much?

>>919269
Bought MU on Sept. 28 @ $14. On Oct. 5 I wrote covered calls Oct. 16 $18. Things have been working out extraordinarily well so far.

Buy FREE

GOOD DAY LADS

Pretty meh today tbh fam.

>>920299
I should have bought more HEAR yesterday.

Smh tbh fam

>>920308
It's going to open on 4 llikely. Just wait bro, next week it will tap 5.

>>920315
I hope so.

>>920315
I don't know if next week.
Earnings coming up are going to hold the market down.

HEY BRAHS. Here are some of the picks we went over yesterday. EXCELLENT DAY, LADS.

>HEAR +9.82%
Should have got more.

>PACB +7.46%
Another good one.

>SUNE +0.983%
Eh. At least it's rising.

>ZN +8.82%
Proud to say I brought this one to the thread.

>FCAU +1.10%
:^)

Great job, lads.

>>920323
A couple faggots told me to buy PWE and it took a -4% shit today.

Ar least I didn't buy much.

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!!!

>>920325
7 percent mate

>>920325
I saw that thread and was thinking about that.

>>920025
No you type in the price you are willing to pay and make it GTC (good till canceled). Over the next few days if/when it hits that price it will automatically buy for you.

>>920323
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.

>>920369
Yeah, ZN was one penny away from that. Shame.

I'm a bit skeptical of HEAR too. I've been seeing a lot of shilling around here for it but, hey, I'll ride until it's time to end.

How can I set the limit to sell if it dips too far, without selling it underpriced before I want it to??

I've got 90 bucks in HEAR that I dont really feel like losing.

>>920386
It's called stoploss.

>>920376
>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.

so what is this exactly? whats the gimmick?

>>920315
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.
> http://www.nasdaq.com/symbol/hear/insider-trades

All speculation, but that's how i gunna play this

>>920396
About as safe as any other company.

Nothing is 100% safe, but it has security.

>>920386

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
> PROFIT

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.

>>920396
It's a brokerage, of course they need that stuff

>>920398

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.

>>919477
>>919492

http://www.marketwatch.com/video/upcoming-ferrari-ipo-five-things-to-know/E6DDE56B-39F8-495C-8E67-6A04D90CBC3C.html

How do FCAU stockholders profit from the seperation of Ferrari and FCA?

>>921013
Damn, there is some serious money to make here. Lets get some CFDs.

How does Robinhood make money?

>>921045
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.

Check out YUM.

>>919269
Is this app only available in the US?

FUCK

>>921013
I'll toss a few hundred towards 'RACE' then I can say I own Ferrari and technicaly be right

>not investing all of your money in AVXL
you're welcome friends

Anyone thinking PACB will tank?

Should I buy HEAR Tuesday morning?

>>921387
Also wtf is up with UNXL

>>919269
>Hear about Robinhood
>Be from irrelevant non-freedom country
That's my Robinhood story, I hope you enjoyed it!

>>919331
at .82 percent dividends you'd better have a good amount of money in there

>>921233
Avxl acolyte here, im up 30% so far and expecting even more by Thanksgiving.

Is this app worth it? I wanted to sign up but I didn't know wether it would be a good idea

>>921701
fuck man did you just come here to shitpost?

>>921705
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

>>919441
Bad call :-/
Good thing I didn't buy

>>919336
Anxiety over oil trading back during the wild swings was affecting me to the point of my bones being no use to anyone. Really upset my girl so I gave up

>>919269

I could Google this but I won't.

What's the minimum to get started?

>>921812
No minimum.

I put 200 in,but you could probably put even 5 bucks in and fuk wit penny stocks if you want.

>>919282
I started with $500 6 weeks ago.

>>921875
Where are you at now?

If I can generally get 4% return a month on here and deposit $1000 every month when can I retire?

>>921902
What standard of life do you want after you retire?

>>921903
decent and increasing from hobby of day trading/investing part time.

Guys I have $500 to invest, suggest me a what to invest it on... I'm not a American but using my brothers details and account... So I don't much about those American companies... Plz suggest

>>922047
All on black

>>922068
Fuck you

red

>>919269
when are they going to open robinhood to the uk? is there a variant for us?

how do i get this app in australia? is it even available here or just not on android?

>>922076
you too.. fuck

>>922068
>>922071
I don't get it. Plz suggest me 2-3 stocks which I can invest on now. Plz

>>922084
It's available in AUS, check their site.

>>922094
No, because if you make a loss just for listening to what I do you're going to be in a worse state than the one who recommended the stock.

>>919269
made most of these picks during the past 4 weeks
>r8 h8 masturb8

>>922274
my canadian picks

>>922274
Do you pick a different stock everytime you make a purchase?

am i right when i say that i cant get the app because i live in Europe ? pls respond

>>922282
yes. im a forex fag trying to get into the stock market. at the moment i am just making 1000$ per trade pot shots on a 50k demo.

>>922286
>>922274
how do you come up with what stocks to pick?

>>922287
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.

how do I into robinhood while in the uk

>>922296
good idea, I intend to use this as a guide for my research rather than rely on hunches tho

>>922315
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.

>>922296

That graph is tits.

>>922325
http://finviz.com/groups.ashx?g=industry&v=210&o=name

its a great site.

>>922325

>>919280
What do you plan to do with your new found fortune?

>>922345
can throw a party for a few ants

>>922296
>>922325
Tits, I agree that graph at perky tits! Thanks for sharing

>>922387
Penny will bring along used napkin and potato chip.

how long for application approval?

What should I put HEAR to buy at?
Is it too late to get in on the HEAR train?

Currently interested in:

Bakkafrost (Norway)
BoConcept (Denmark)
Deutsche Bank (Germany)
Don Quijote (Japan)
Fiat Chrysler (US)

>>919269
I think MEIP is a good buy right now. Come December I think it's gonna be at 6 or 7 dollars again.

>>922941
>fiat

I'm with you there.

>>922937
Well, it went down.
This always happens.
Ahh, whatever, I hope it goes back up eventually.
Probably won't though.
Hahaha

>>923071
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.

>>923075
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.

>>923078
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.

>>923096
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.

>>923121
Thats what im trying to practice.

Its going down, but all the announcements say it should be up.

Im just new to stocks and the drop is making me squirm.

>>923075
Yeah I did the same.
Stop lossed at .90 and took the profit.
I'll reinvest when the sell off is over, I'm fairly bullish on it right now.

>>923141
Yeah mate, a profit is a profit. I know they'll be good in the long run, but this way I can put the profit made back into it at an investor price.

>3.16
woooooooooooo

Hoping you /biz/natches didn't sell your HEAR stock. We're looking good right now.
>3.17

>>923303
>>923290
we were at 3.22 friday

fug I should sold

>>923307
Yeah, but we were at 2.71 today, so its a big jump in a short time.

>>923307
This is true, but it was a $0.50 drop pretty much all day so far.

>>923303
>>923290
Expect a roller coaster until it settles somewere between 3 to 3.50 until their earnings call

back to the red

>>923313
fak

>>923316
Im staying right where I am until it hits 4.00

>>923318
thats not guaranteed

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.

>>923449
ANOTHER GREAT DAY LADS

in the red for the day, but not my overall

I suppose I should dust off my knee pads

>>923452
>>923457
Red isn't a bad thing at all, it just means it's time to buy. How's the time to shop around for other stuff you'd like to invest in.

>>923516
*Now's

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.

DWTI

Average price is $100. Scoop as much of that shit up for $90 while you can people.

>>923519
buy for 81 sell for 89?

>>919470
Yum isn't a short term stock and anyone who's throwing money at it as if it is, well, you're fucking retarded. Sit back and soak up those sweet, sweet Taco Bell flavored dividends.

>>923577
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+

>>923577
Full chart here.
>>923577
>>923598
Full chart here.
http://finance.yahoo.com/q/hps=DWTI+Historical+Prices

In the morning adjust your $89.74 order down as low as you can according to the after hour prices on google before the market opens.

>>919609
>Download Robinhood app
b-but I have a Windows phone

>>923577
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.

Have $100 of assets to invest. Options?

>>924127
Buy HEAR

>>924137
Should I hold on to it for months?

>>924163
Do whatever makes you happy.

It's not whether you win or lose, It's how you play the game.

Market's open, good luck guys

>>923606

You can get it on your pc with an android simulator.

>>924468
I'll better find myself something more reliable than a "free" brokerage app

How's everybody doing? What's winning? I'm waiting for funds to clear so I'm bored af fam

>>924492
Uneventful. Most of my shares are in HEAR, And it went down a couple % and isnt moving much more.

>>924492

Same boat.

anyone watching ALJ? seems like a good buy as soon as it bottoms out

>>924492
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.

>>924504
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.

>>924604
What website it is?

>>924616
http://www.nasdaq.com/earnings/report/nflx
Late reply but fuck it.

>>924649
Thanks m8

ctrl f
"tax"
0 of 0
close thread

>>924677
obviously you didn't close the thread

50 minutes to make up some fucking losses. We should start shilling HEAR again.

>>924677
Tax

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)"

Well I hit my stop loss on FCAU at 15.63 for an overall return of 11.48%. Time to wait out all my money and reinvest. Gotta do my homework over the next couple days.

>>924714
Nice.

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.

Is HEAR legit or is it just a meme?

How is Robinhood different from fidelity or Ameritrade?

>>924712
It's only 15% if you hold for 1+ yr you turd. Short term its the same as your income tax. Important pieces of information you left out...

>>924761
You tell me.

>>924773
This motherfucker better start going back up again.

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.

>>924768

You also left out Important pieces of information, your long term capital gains tax is 0% if you are in the 15% income bracket.

>>924864
Correct, can't forget about the NEET's who won't owe any capital gains tax because their income bracket is too low.

>>924891
Find a NEET friend and offer 3% profit to trade under his name. Uncle Sam can eat a dick

>>924845
ANOTHER EXTRAORDINARY VICTORY LADS

>>919477
I bought £2000 in FCA shares (Italy)
>braced to RACE

>>924908
Jesus you're doing terrible, what are you investing in? Please tell me it's not HEAR, that ship has sailed.

>>924924
I just can't see how this is a good investment at this point... The historical high is about $16.50, do you really think it's gonna get much better?

Netflix headed for $120

>>924969
>please tell me its not HEAR

:'(

>>924973
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.

>>924845
Why would DWTI have a psychological level when it's based purely on oil?

>>925014
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

>>925057
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?

>>925088
Robinhood integrates with turbotax. Also you get monthly statements and have a "tax document" section in app

is there a way to make the funds transfer quicker

i want to start buying meme stocks ASAP

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.

>>925197
I made 100% in the last month, aim higher. At that stage risk is worth the reward

>>925192
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.

Any opinion on WHZ?

>>925088
See
>>924712

>>925230
Terrible investment. Wells are unprofitable and shares have declined to much. The trust will be resolved before it becomes profitable.

>>925247
*dissolved

>>925250
That's my thought too, even at less than $2 a share. Thanks for confirming.

Hey.... HEY?

What the fuck happened with SYN Mr Know it All /BIZ/...?

Only chance now is if we get a bounce soon. I lost hundreds of pennies, hundreds!!!

>>925355
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.

On the plus side, HEAR went back up today.

Not sure if I wanna sell.

>>925690
You know that stock is likely to go up after Black Friday, right?

> mfw JNUG +16%

wish I had more capital.

Think I'll jump on this FCAU and HEAR train.

>>925206
How many trades do you make a week?

>HEAR is up 10% today
>I sold it a few days ago for only like a 9% gain
AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

NETFLIX GETTING ASS FUCKED AFTER MARKET

How did you do today?

I did better than usual, but im still down 8 bucks. Hoping that HEAR impresses me again tomorrow.

>>925932
GOD DAMN IT

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?

>>925938
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.

WHICH CUNT HERE WAS THE ONE WHO TOLD US TO BUY NETFLIX
FUCK
I fucking knew I should never listen to /biz/ recommendations

Fuck
You

>>925964
It's back up $10 in 10 mins calm down you cheeky cunt. $94 to $103 just now

>>925967
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)

>>925964
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.
^
(you)


Professional traders love the pigs, as it's often from their losses that the bulls and bears reap their profits.

>>925964
It's headed for $120, look at the numbers. Also their quarterly report was great today. Pipe down and quit being a faggot

Doin alright. . .

>>925983
Nice, I'm up another $2 myself today. DWTI killing it again, love that stock.

These threads are hilarious

>OHHH I MADE $2.50 TODAY SWING TRADING VOLATILE INSTRUMENTS FUCK YEAHHHHHH

>>925977
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.

>>925959
>maybe buying some stock in Walmart because that one dude said it would go up after black friday

Don't catch a falling knife.

>>926015
>i dont like earning money

>>926015
We do light trading for fun. Speculative gambling is fun. You are anti-fun.
Are you upset that robinhood never accepted you or something?

>>926015
Take a look at my savings account
+$10,000
$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.

Oh. I posted in the wrong thread earlier
Oh well.

What are people's thoughts on SYN?
Analysts say it could reach $8, most say $6.75
It's at 2.2 now

>>926095
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.

>>926124
*just keep, not just give.
Me speak English good real.

>>926095
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.

>>926015
If I make $20 a day, 30days of the month in my country (europoor@balkans) I'd be living like a king.

>>926154
same here.

>>926154
>>926168
You're not going to make $20 a day.

I make a little over 50 dollars a day, only 5 days a week at my shitty minimum wage job.

Even if I only got 10 bucks a day extra from trading it would be a +20% to my pay.

Its something.

>>926124
yuup, Barclay's baby

>they actually believe they aren't gambling

>>926207

does following /biz/ picks outperform the roulette table though

>>926237
yes

>>919276
So it's not available in Canada?

>>926289
Also if no, what is the equivalent?

>>926174
How the fuck do you live? Is that like one part-time out of 3 you work. You on any social welfare programs?

>Are you underage?

>>925964
bro you need to chill it's rising right back up. just wait till friday you'll see...

>>926295
Cheap weekly motel down the street from my work, and a 2 meal a day diet.

#poorlife

>>926357
I just wanted a quick buck ):
But now it looks like I have yet another disappointment in my bucket that I'm holding on to till the bull trap rages forward. Too many of these on my plate... Fucking YUM

>>919269
Noob here, how long is it wise to hold a stock for short term?

>>926410
okay boy if you a day trading netflix this is what you want to see: Tomorrow it is crucial we bounce off the black line or at the very least close above it. If price breaks below it, we will plummet to the next support (the red line). If the price stays above the black line we can expect gains up to the green line. If it breaks above green line expect price to move to $125 at least.

Don't gamble on my opinion gentleman happy trading

>>926438
mo fo where you get this info?

>>926438
Good stuff, i bought at $111 was gonna sell at $120. Might just limit order sell at $115 now if I can get it. Prices historically get better as the week rolls on with Tuesday being the low and Friday being the high. We'll see what happens...

>>926445
Basic candlestick analysis. I noticed netfliz is trading in a price channel for the past few days. I wouldnt jump in unless it breaks out of the channel though as right now it could go either way. Again, don't take my advice.

>>926438
Can you do DWTI?

>>926451
Where do you get those graphs? I checked e-trade and it looks like you need an account? Is there anyway I can see this for free?

>>926448
Thats the beauty of robin hood, you can profit off of small increases with a small position , best of luck to you friend im looking to get in soon

>>926453
I have an etrade account, I forgot to add moving averages in this example too.

>>926455
login info plz

>>926438
Can you also do RSD.A please

>>926452
Okay, I've had a lot of coffee and can't sleep so here we go: Price just broke above exponential moving average - use this as your stop loss! We are on an uptrend the past couple days so there could be a pull back, as long as it stays above EMA we are good. Next resistance is orange line, possible sell point

>>926453
you can use investorshub for free also lets you make watchlists.

>>926468
English please, I don't understand the graph.

I bought 3 shares at $89.74, what should I sell at? I was gunning for $105, maybe a stop loss of $100 if it gets that high tomorrow. Don't want to get greedy but I need to earn $34.50 this year to break even playing with this app. I need to pay for the TurboTax upgrade so I can import my tax documents and pay 15% taxes on my earnings.

>>926470
What are you trading on if you don't understand the graph?

I trade on technical analysis. You have a good position, set your stop loss as the moving average. Don't be greedy and chase the extra few %. You've made a good gain already, just do it consistently now

Buy Wal-Mart while it's tanking?

Please check one

[_] Yes
[_] No

>>926475
I look at the historical prices and it's pretty easy to see if they are going up or down, and what they've done in the past. History repeats itself, been working so far...

>>926494
>>926494
New Thread
>>926494
>>926494

>>926438
Replying to myself. told everyone yesterday to set their stop losses at the moving average. Watching netflix shit the bed as we speak...

>>921045
They sell order flow. If I know 500 small-time retail investors are buying 1 share of XYZ, I know where retail is interested. (The company buying the order flow can also buy 500 shares at $10.00 and sell the XYZ back to them at $10.01.)

The dirty secret of discount brokers that charge $8/trade is they do the same thing.