/smg/ - Stock Market General

Solitude edition

Popular brokers for stock trading:

TastyWorks
>Super cheap options commission
tastyworks.com

Robinhood
>Commission free and no minimum to open
robinhood.com

Interactive Brokers
>Cheapest trading platform for Europeans, very good API, anal registration process. $0.005/share, $1 minimum. 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

Degiro (Cheap broker for Europeans)
>2nd cheapest platform for Europeans, they announced an increase of their commission fees. Very quick registration process
degiro.eu

Instant news:
thefly.com/index.php

Educational sites:
investopedia.com/
khanacademy.org/economics-finance-domain

Free in depth charts:
tradingview.com

Premarket Data:
nasdaq.com/extended-trading/premarket-mostactive.aspx
money.cnn.com/data/premarket/
cnbc.com/pre-markets/

Earnings Report Calendars:
biz.yahoo.com/research/earncal/today.html
earningswhispers.com/calendar

Biopharma Catalyst Calendar:
biopharmcatalyst.com/

Pump and Dump Advertising:
stocktwits.com

S&P 500 VIX Futures (For SVXY/UVXY, higher is better for UVXY, lower is better for SVXY)
investing.com/indices/us-spx-vix-futures

CNBC Live:
livenewson.com/american/cnbc-america.html
Fox Business Live:
livenewson.com/business/fox-business-network-fbn.html
Bloomberg Live:
livenewson.com/american/bloomberg-television-business.html

Basic rundown on options:
youtube.com/watch?v=TBAQtjyqNHw [Open]
youtube.com/watch?v=SuTTzfa4ePE [Open]

Suggested books:
pastebin.com/jgA5zTuC

previous thread:

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Other urls found in this thread:

seekingalpha.com/article/4202616-nash-cirrhosis-real-nash-epidemic
seekingalpha.com/instablog/47560554-vision-and-value/5210387-gr-mdminus-02-keytruda-s-partner
emerginggrowth.com/galectin-therapeutics-inc-nasdaq-galt-a-potential-10-billion-buyout/
twitter.com/NSFWRedditGif

nslt up on monday

2nd for the Bogs

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AMD $.05 EOY

G-guys... my average in MU is $54.

I decided to go all in. This is one of the first times I've done this and it's paying off so far. Anything I should keep an eye for or things to attention to? My brother is helping me with alarms and so have I. I've only been using robinhood for a week.

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Strong approval of your OP pic

Gonna start trading. For basic stock trading would you guys recommend Fidelity, TD, or Etrade? I dont want Robinhood. Is TD's 6.95 really that outrageous of a commission?

anybody think NIO is going to keep shooting up? I keep seeing a bunch of newer IPOs that shoot up a lot and then crash back down below the original price.

That sucks, but IMO don't make any rash decisions. I'm long with a cost of $38, and have been getting into it for the last 3 years. I've bought at prices above the current price over the last 4 months.

You can either stomach the pain, or you can't. You either think the risk/reward of This Time It's Different, or of the obscene value and hopefully rational supply discipline of the oligopoly will work, or it won't. You either want to stick your dick in the GS analysts ass and fuck the jews, or you want to give them your money by being a scared little NPC.

Those in NIO, please start taking your profits before the weekend.

This is what I'm asking too.
I've made a profit, but I wanna know what to look out for or watch

It's the same thing every single day

Interactive Brokers.

Also don't trade. Look up INVESTING, and put all thoughts of get rich quick schemes or timing bullshit out of your mind. Jow Forums is cancer, and all intelligence long ago abandoned this coin shilling shitheap.

if you talk to them and have more than 25k, you can get TD to lower price, am only pay $3 and will get $2 next month

FNGU to 66

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yes it will go up TSLA shareholders are buying it. also TSLA shorts are buying it out of hate for TSLA. also it is too soon to for the stock to crash on the Tesla of China hype.

how much do you guys look to gain for each share sold, usually?

>it went down today, so it will go up tomorrow

I typically sell at 5% but I'm a cuck and both sells this week have nearly doubled within days. Missed out on all those juicy gains. So fuckin disappointed.

Commissions will fuck you if you actively trade your stocks
A $6.96 commission means they'll charge you $6.95 every single time you make a trade
If you trade frequently, that'll add up fast
If you want to use a platform that charges commissions over something like robinhood, then the only real reason to do so is because they offer better research tools and advising
Take advantage of that and find good stocks to hold over a long term period

Don't listen to retards in these threads who bitch about orderflow, it really doesn't matter unless you're a high frequency trader

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Cramer went full golden bull today for the whole market on his morning video

oh oh

Shit, crash is imminent.
Get
The
Fuck
Out

AMD is 30.74. is it gonna rise next week?

Imagine bringing a girl to that house and nailing her hard on the top floor with the doors open

buy on pullback

>only 9 more hours until my Jow Forums ban expires

So how was everyones day today?

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I bought amd on this dip. Did I fuck up?

isnt everyone doing that?

bought at $32.54, think i can ride this sucker?

Is there a benefit to making a portfolio with a few different vanguard ETFs/MFs vs. being 100% in VTSAX?

Currently 100% in VTSAX but I’m looking at some other ETF and MF options and some of them look pretty good with 10%+ historical returns compared to VTSAX’s 7%. Would it be wise to spread 5k or so around some of those? Or should I just keep pumping all of my money into VTSAX and forget about it? I plan on being a mostly passive investor but will be adding to my account regularly and won’t be selling anytime soon

Enjoy your mosquitos

>have an orgy with 1 human female and 30 mosquitos

So is everyone buying Nio tomorrow?

I’m buying $8,000 of NIO at the bell tomorrow.
It’s time to make some CHAD tier profits.

dont you think it blew its load already?

I sold 80% of my shares today, and the proceeds from the sale almost exactly match what I spent on NIO, so now I'm just riding on free shares. Feels good man.

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TD ameritrade is actually a canadian firm. Fuck 'em. Use interactive brokers, or robinhood

There was no big selloff at the end or anything. People are still holding and they want to buy tomorrow, like me. I think it’ll be another Green Day.

i know this is a really vague question, but how much money can a reasonably smart person make day trading? if it helps, let's say they start with like $50,000

also, what's the average time commitment? are most day traders active during market hours and then researching all evening?

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whats with all these questions today
Is there a test coming up?

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Everyone is different. No one is guaranteed to make money.
And like warren buffet said: the stock market is a no strike game. You can choose your swing, you never have to swing (paraphrasing). You never lose money on trades you pass up.

I think as long as china and FXI rises to 44 dollars over the trade talk potential then IQ and NIO will continue to rise. If tariffs are died and FXI hits 50 dollars again I'll be happy and rolling in greens.

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N.. I plan on going all in to recover from bad call this past week

You have to have at least $25,000 to be able to day trade (you're marked as a pattern day trader if you make more than 3 day trades in 5 trading days otherwise)

How much money you make depends entirely on your own personal decisions, there's no real way to predict it

Position trading (holding shares for weeks, months, or years) is a much safer and often more effective option

I think some newfriends are starting to migrate from crypto and looking to invest their money in something that isn't based entirely on speculative hype

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Ive been lurking /smg/ since Feb, but was to blind to see that the crypto bubble had bursted. Only started seriously investing since June. Wish i would of bought AMD early like I said i would instead if dropping 3k on XLM.

Fuck Crypto

Plz

The only question that matters is why haven't you bought AMRS again yet?

Hey comfe are you on here all day?

better late than never
think about crypto objectively now that you're out of it
can you honestly say that the vast majority of cryptocurrencies (altcoins like XLM) have any real world use outside of being a way for people to gamble on what coin is going to "moon" next

you made the right choice
stocks are backed by companies that actually produce things of tangible value
when you invest in amd, you aren't just investing in the abstract idea of amd, you're investing in the actual products it produces

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fuck it i only have 500 dollars but gonna buy like 14 shares of AMD.

I'm with you brother... need to make up for some bad weed...

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No I'm shitposting at work for the last 8 hours

I want to fuck that house

NIO outperforms Tesla cars at a better price. this fucking stock is going to $200.

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I think so.

Of course, that's me betting that Tesla will implode, which will drive all the "But EVs are the FUTURE!!!" people into other EV stocks and NIO will be one of the ones that benefit.

I determine what price I sell at before I buy a stock. What matters is knowing when to get out and not holding for an arbitrary number like +/- 10%.

If you're buying a stock, you're buying it because you're confident in it's future. Unless you're day trading, in which case you're on your own.

>I would make almost 3,000 with 15 shares

'T is so much joy ! 'T is so much joy !
If I should fail, what poverty !
And yet, as poor as I
Have ventured upon a throw ;
Have gained! Yes ! Hesitated so
This side the victory !

Life is but life, and death but death !
Bliss is but bliss and breath but breath !
And if, indeed, I fail,
At least to know the worst is sweet.
Defeat means nothing but defeat,
No drearier can prevail !

And if I gain, — oh, gun at sea,
Oh, bells that in the steeples be,
At first repeat it slow !
For heaven is a different thing
Conjectured, and waked sudden in,
And might o'erwhelm me so !

AMD's been dropping today, which makes me sad. I'm thinking of purchasing some shares of TTD, which shows a lot of potential, but I'm worried about over-investing in tech. Maybe I should buy some more ETFs? Maybe some stock in food manufacturing? Still new to this.

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Seriously this

Now that i'm out of that hype from crypto. I am enjoying Stocks way more, even though I lost most of my gains learning options this past week, its okay. (I like to learn the hard way haha). I'm looking foward to being a trader for as long as I can be.

>still holding them shitcoins though

I see a lot of folks migrating from crypto, lots of new frens

Ive yet to trade anything so far because i just started looking at the stock market aswell and wanna save up a bit before i jump in. I have no idea how options work lol all the terminology is so much more complicated then crypto and forex

Yep. Got out in January, also playing options. Holding a tiny bit of Vechain on the side in case it does boom in 1-2 years (probably won't).

GIS

don't forget the dudeweed stocks

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i fucking TOLD you guys.

sold at 59.50 (+55%) shits going lower just watch

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No, look at TLRY, similar technicals.

OHNONONO

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some more GALT shill news for you lads
one of GALT's scientists is going to present at a conference on melanoma in Germany about how promising its compound is in treating melanoma
this is essentially a confirmation that the upcoming cancer data will be positive

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TLRY has tanked in after hours trading.
Maybe if i dump in the morning and buy NIO i can recoup losses

Alright I'm gonna fucking drop 1k on this. Someone convince me not to

seekingalpha.com/article/4202616-nash-cirrhosis-real-nash-epidemic
seekingalpha.com/instablog/47560554-vision-and-value/5210387-gr-mdminus-02-keytruda-s-partner
emerginggrowth.com/galectin-therapeutics-inc-nasdaq-galt-a-potential-10-billion-buyout/

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>Someone convince me not to
Nah, it's way more fun to watch people lose money because they listen to biZ and do0 research of their own

Don't forget to blamed everyone but yourself when you post about all those losses next week!

holy shit i am so fucking tempted.

Thinking again on Nio, do you think we can bet on people's stupidity to pump this stock? It worked for Tesla, after all.

Thats the spirit user

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I'm happy with Schwab. $4.95 per trade.

newb question. does this mean you have to pay 5 bucks when you buy AND sell? so each stock costs 5 bucks more and you lose 5 bucks when you sell it?

>next week

GALT is a position trade, not a swing trade
It should be held until cancer data and phase 3 NASH trials at the very least, possibly longer for a partnership/buyout

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I'm the opposite but at least you lock in profits. Could have booked a 15% gain on my TSLA short a few days ago but it's clawed back up despite the shit flood of bad news. Still ok though, rode a very nice short down from $320 so have that to hang my hat on. TSLA reminds me of oil futures a few days ago. It just goes up and up against all logic. Might be too much of a crowded trade to be short, shit makes no sense.

Meant oil futures a few years ago

Yep, every buy and sell you will pay. Also sometimes an exchange fee for certain exotic ETFs but those are usually only a few cents.

why is it so low now?

Does somebody have a link to the IRC btw?

It's per purchase, so if you buy 100 zyz stock at $5 a piece, you will only be charged (5*100) + 5 dollars
So it pisses away money when you buy a bunch of separate stocks, but is trivial if you are buying large amounts

>CERU muh nigga
>GEVO, MBOT too

Can't fool me again lad

oh jesus that makes me feel better. i feel retarded, i thought it was 5 bucks per share and it seemed like an absolute shitload. so if you buy large amounts of one stock it really does seem trivial. i have a lot to learn...

Because there hasn't been any news for months
The science is promising, but nothing has happened for a while, so people have gotten impatient and doubtful and sold out of fear

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Newfag/ crypto failure. Payday tomorrow. What can i make a decent gain on with 300 tomorrow at like 9am? If you just started tomorrow what would be your first move? Thanks stockbros

former CEO dumped $120k worth of shares or something recently, I think

also

CLDR is a good buy right now

Buy 1 share of SPY

Robinhood really is best one for noobs, just u use charts from somewhere else

I'd wait until Monday and do research over the weekend and make your own decisions.

GALT, since it's being shilled right now, I think of as an alright long-term buy, but since you came from crypto and are new, you may not have the patience for the wait that will be.

Don't forget to diversify.

Bet on the FOMO

But there is definitely gonna be a point to bail before the ship completely sinks. Though I have no idea where that will be.

is adbe gonna go up or down tomorrow?

AH got me fucked up

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I could see a rally into the 30s just off of hype, though, which is nearly triple what it closed at today.

I'll see tomorrow when the market is open, I've been meaning to move my money out of NEE now that I've hit my target.

I would love to tell you good advice like these other anons, but honestly buy NIO at 9:30 est and just sell at the end of the day.
>had to complete 10 captchas for this post
Wew

if i buy NIO tomorrow you think it will be a good price on monday/tuesday?

Thanks user

buy deep otm weekly options for 1000% returns

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