Magic 8 ball edition Popular brokers for stock trading:
Robinhood >commission free and no minimum to open robinhood.com
> How is it free? Robinhood earns revenue by collecting interest on cash/securities and fees from their Robinhood Gold service
Interactive Brokers >$1 commission per 100 shares. $10k minimum to open, $3k if 25 or under. Lowest margin interest. Free API access interactivebrokers.com
TD Ameritade >$6.95 commission per trade. No minimum to open. Fantastic data/charting through their free ThinkorSwim service tdameritrade.com
we are diffrent people but we are on the same internet so we share the same ID thingie. the darkness made us a lot of money in crypto so we are moving to stocks now!
Logan Gomez
I've quietly ignored your attempts at stealing kneepad from me, but I'm putting my foot down and we are fighting this one out. My weapon of choice is beyblades.
Do any of you lads ever actually call company executives for smaller companies or investor relations for larger ones? I find the idea interesting, to do DD but also because I'm curious what I could learn, but I get a bit of impostor syndrome because I have a small account. I feel like I'd be wasting people's time.
Caleb Morgan
That's what I'm planning for the next compilation of ML info that I put together -- turn it into an infographic that I might just include every thread in the same way that an avatarfag like nico/nikkei-poster will just post from the same set of pictures
Adam Allen
First for faggot faceposters making 1.5% gains yearly and don't believe you can do better on SPY calls.
Just bought a Coke zero from the machine at work and for the second day in a row it says "share a Coke with Chad". I hope you boys are ready to break 280 tomorrow cause we are going to be green as fuck.
Ethan Gray
I'd think that as well, but I've read about people calling and asking for investor relations for smaller to mid sized companies, and they claim they'll get a call back from the CFO if there are no IR employees. Somebody on (((reddit))) claimed they walked into the office of a company they had invested in out of curiosity and after asking for IR ended up having a coffee with the CEO. I don't know how much he had invested, though he said the secretary looked confused, as though she had never been asked before.
Luis Johnson
Wait, goddamn it is this lolq again?
Julian Roberts
I see your beyblades, and I counter with my smug anime girl
It'll have another run up before recreational sales start in Canada. How big a run up it'll get is questionable. Don't all in on it. It'd be safer to spread out among the big LPs more or less equally; ACB, APH, CRON, WEED, TRST.
Best upside will probably be Acreage Holdings once it starts trading late summer/early fall.
Still holding any SDRL? I sold my 50 cent puts for 50 cents. Literally the max you can get out of it since the underlying became absolutely worthless through the R/S
>Mostly how it's different from doing it as an American. From what I've seen most popular US brokerage accounts aren't available to Canadians, which I suppose makes sense, but that kinda puts a damper on all my research. >Is the actual market different? Does the dollar affect much? Are there companies we can't invest in as Canadians? What are some good brokerage accounts to use?
You can buy any US stock with any regular investing account in Canada. Recommend exchanging your CAN funds to USD ahead of time, hopefully at a favorable exchange rate, before funding your investing account with USD for US trades. You can just straight buy US stocks with a CAN account but your broker will give you a shit exchange rate at that time.
Only Canadian specific quirk is the CSE. Stocks on the CSE cannot be traded with stop orders (stop loss and the rest of the variations of stop orders). Limit order or market order only. This makes CSE stocks particularly high risk.
Shop around for brokerage. I use RBC and it's fine, although I use other outside sites for charting/research purposes.
Luis Anderson
>tfw I've been making changes to the OP slowly over time and no one has noticed
Easton Clark
I told you guys last thread, I'm not high IQ guy. Right now I'm holding positions in SPY, F, UVX, and HMNY.
>its just ganna keep going up isnt it? A company can only rise until the dividends are sufficiently diluted by the price growth that other investments are more attractive or it no longer looks reasonable for another company to buy it out.
I imagine this is a contributing factor in why consumer discretionaries/staples/non-cyclicals started seeing so many acquisitions following the landslide in the sector/industry earlier this year. Prices slid, then the companies got this beautiful buying opportunity to start buying out their competitors at insane prices.
This is also one of the ideas of how VC firms are profitable -- they hope that their stake in the company becomes profitable and highly valuable; one common way this happens is that a much larger company acquires the start-up prior to even the IPO occurring.
I'm with CIBC right now, but I'll check out other brokerage options anyway. What do you use for charting? I haven't really gotten started yet, I'm right on the forefront of it all.
Mason Evans
One more thing: open a TFSA account with whatever outlet you plan to use for trading. Check CRA site for your contribution limit. Gains made inside TFSA are tax free. The double edge to it is that losses incurred inside TFSA are not tax deductible.
Jayden Scott
I use trading view for charts. It's the best.
Carter Wright
none of those are 10% a day. but I do enjoy watching hot shit retards JUSTing themselves on short term options
Adam Rogers
Ok thanks for letting me know that you have no idea what you are talking about.
Joshua Smith
$1.8k cash guy still just holding it in cash, what do? already got fucked by HMNY so avoiding more of that trash
Gabriel Foster
Nigga you so gay I have to 《no homo 》 just for replying to you
new fag comes in here every week bragging about their 50% gains on options. then the next week comes they lose all their gains and suddenly stop posting for a few days 2 scoops, hi IV user for recent examples enjoy your (you) though you're so desperate for
Kevin King
ive been doing ti on the IWM lately. one day when i have enough balls im gonna buy one on the $RUT itself and make a shit ton of money
I was putting together what you suggested and its 2 pages, I can't short hand my autism. You baited me into wasting an hour. Does it need precise financial information?
Wins will proceed through tomorrow. SPY up like .40 or something in after hours. Gonna be a big morning.
Nicholas Baker
>What is your timeline for returns? I use RH for my fuck around brokerage because.. >If unsure/ several years dump that shit in an index fund and forget about it ..I already have a fully indexed 401(k) that I've maxed contributions annually to
John Morgan
in order to get 10% average daily YES you'd have to do something stupid like that. but the fact you won't post your 1 year trade history should be more than enough evidence for anyone gullible enough to believe you in the first place
Xavier Murphy
What happened
Carson Bailey
elon needs to bribe the thai to take one of them in the sub ride. It's worth 1b to tesla that he saves one.
Jace Morales
Math was never a strong subject for you, was it?
Oliver Collins
If you just want to fuck around there's always memes being floated here. Nvda might be a legit non meme choice. Personally I like 3x leveraged etfs for maximum rh fun. If you believe that market is going to go up tomorrow spxl or tqqq
James Long
Just pressed buy on $1000 worth of USO puts 7/13 expiration. Anyone else on the oil train?
Ryan Ward
Nanocap biotechs and an unironic coke habit
Logan Diaz
5k shorts here! I know okf is in dwt also
Leo Ortiz
>spxl or tqqq thanks,how do these work? do you just short term hold and quick profit take, or long term hold? are there dividends?
Jordan Harris
Good luck!
Michael Wood
In one of the previous threads you said you thought TA was mostly bullshit, but you always recommend thepatternsite as a resource. Why is that? I know he uses testing and data to support his observations, and he also has a decent fundamentals side to his website, but when I look at the "patterns" part of it I admit, it feels pretty spooky. Just talking about all of the goofy names for the shapes sends up astrological red flags for me.
Caleb Cruz
Short term hold! No divs and you'll lose long term because they decay and r/s a lot. These are strictly for swing trading volatility. I posted a big list of leveraged etfs in the previous thread. These are good for quick rh plays but of course leverage can be nasty of you're wrong Thanks fren you too
Benjamin Torres
;_; Bears lost 277 bulltrap failed hard 277.4 bulltrap was pathetic 277.8 bulltrap raped
More specifically, you aren't really leveraged so there's not risk of getting blown out. The etfs themselves are managed to move at 3x the rate of whatever's being tracked. So for example 1% up in nasdaq is 3% up in tqqq
Ian Barnes
those are really near term options im short too, but are you SURE it happening tomorrow? seems a bit overconfident desu
yeah ive been playing with SPXL UGLD and USLV this year for funsies, making decent gains off spxla and slv but this is not a good year for ugld... -16% so far.
Landon Harris
thanks for the info, gonna check these out big time how much are you buying per trade? # of shares I mean, just being curious
Jordan Martinez
I just have this feeling... WTI isn’t tracking normally with Brent. China cancelling orders from US refiners (Texas) should present a backlog and a storage issue which should create at least some very short term oversupply. Prob all BS hoping and praying but should be fun to watch!
Jason Martin
>SPY, F, UVX, and HMNY. i'm pretty good at math, you want me to autistically prove you didn't make 10% last week? Your HMNY and UVX positions are losers since HMNY is down 27% and UVX is down 20% F is down 1% in the last week so your only hope is going balls deep on SPY calls and getting lucky to make up for your other losing positions. no one gets lucky every day. Given Spy puts lost 70% today, if you went into a high risk strategy like you're saying, it's a minimum of two weeks before you lose it all
David Martin
>WTI isn’t tracking normally with Brent i noticed i dont think its gonna go back below 60 i DO think its in dire need of a correction tho
but my puts have 78 days on them instead of 4 i prefer to be cautious
Ryan Green
theres still a spot for you at the bulls table you know, if you want it
I personally move in units of 5 or 10k $. But i have enormous risk appetite too (see for my all time rh chart) Number of shares doesn't matter, it's all percentages had all the leveraged etfs available on rh i know about, would appreciate info if there's others
Joshua Gutierrez
fuck it buying IQ again because the FOMO is real and the news media keeps sucking IQ's dick.
Juan Cook
please dont be mean
Robert Baker
I dont take orders from you
Grayson Phillips
it can be done if youre super diligent, very good w your brackets and stops and extremely good/lucky with your entires.
its not something you do every day tho its for special occasions, when you see the absolute perfect pitch
i like the russell a lot more. ill watch market depth on IWM but chart on $RUT. russell is way less manipulated than the SPY and QQQ, and less bloated than DIA. plus, the nice part about the russell is that it basically trades one leg in the first 5 mins and youre either stopped out, or you close out for a win. pretty simple
Adrian Brown
damn nice chart my dude I'm jealous, but what was your peak? seemed a little early on, maybe late 2016?
Elijah Murphy
Dude you didn't prove shit. No wonder you don't believe me because you're thinking all of my positions are mirror images of one another. This isn't rocket science. It's fucking money. You use it and hold it in your hand every fucking day. You need to take it seriously or you're going to be left behind. I'm already ahead of you and you think you're right???
Carson Garcia
who is long on owvi with me? got 51k shares.
Josiah Hall
You're ahead in LARPing points. the fact that 200 days of your strategy would make you the richest person in the world.... i'm supposed to believe you? go back to shilling penny stocks to retirees
Dominic Perez
what is it?
Joshua Adams
The big peak there is late spring 2016. I have an etrade account which is actually much better since it has more serious investments in it. But I'm also down 10k over the past week by being really stupid. Be disciplined and know why you're getting in and when to get out before buying. And set goddamn stop losses. That huge drop is because I didn't bother to and got too busy to watch my account every day
I see, alright guess I'll keep an eye on things. So they swing big in either direction, good to know. Wonder how long this bull market will last
Brandon Brooks
I feel like theres no more room for earnings gains now. Or rather, earnings may flip the sentiment again.
For example: APPL is a shit company that basically sells one single product. But they make billions off of re-marketing little black rectangles to dum-dums every year, so whatever, good for them. However, that single product has been a flop this year. This combined with the massive share buybacks is going to make the books look bad. Q1 earnings may have saved us, but I'm worried for Q2 now on the markets. Papa Trumps tax bennies no longer factor.
