Ding ding ding! How did everyone’s Christmas morning go? I got a ton of great presents! It was a little tense though! It’ll be a new year soon with all your /smg/ frens!
>I'm new to the stock market, what stocks should I buy? Before you buy anything, make a brokerage account and read investopedia articles and/or the books in the OP list. If you don't have a broker, you can't buy stocks, and if you blindly buy things without understanding how the stock market works or doing any research on the individual stocks you're buying, you will lose money and it will be entirely your fault.
How long can I hold an inverse etf? If I drop into a 3x leveraged reverse s&up etf, what happens if I leave it in there for a month or whatever? Does it reset on the daily?
I dab on niBBas like you with my double dubs kek and check ‘em
Andrew Garcia
I bet my life's savings against Facebook, how dumb or smart am I? Shorted $6k at 126 with the thoughts that the EU and Dem-controlled House will launch a bunch of investigations and levy some major fines against them
Oliver Cooper
you can hold it for as long as you want, but it's re-leveraged daily, and there's no guarantee the market will keep going down for a month
Jose Edwards
my bet is alcohol rehab has lots of customers after this winter season cause holidays hit middle of week. interesting to see what kind of massacre awaits euro markets on thursday now after dow dipping
>what happens if I leave it in there for a month You get rich 'cause this market gon crash, boy.
Owen Anderson
That is NOT a turkey
Julian Wood
Looking at this more in depth, it seems the associated fees make these only worth it if you're not messing around with Monopoly money. Is that true with shorts and puts as well?
Is the only sensible way into for poorfags and the risk averse to long stocks once we approach what looks like a bottom?
>this market going down I believe this to be the case. But every time I believe something right now, trump reveals one of his trap cards.
Jonathan Murphy
That should read: Is the only sensible way into for poorfags and the risk averse INTO THE STOCK MARKET to long stocks once we approach what looks like a bottom?
Wyatt Rivera
All depends on the market as a whole.
Jaxson Hernandez
Average in always
Parker Allen
What does /smg/ think about Ford shares?
Juan Thomas
Why would averaging in be better than covering one big buy in with some put options?
Thomas Cox
Doesn't that mean more individual transactions and more transaction fees?
Or if I'm worried about that and not chasing big gains then I'm never gonna make it?
Jaxon Robinson
Trash
Jason Gutierrez
there are no transaction fees if you use robinhood "making it" is a lie peddled by larping crypto neets aiming for slow and steady growth is a better option
Alexander Jenkins
whatever the rest of you do, I won't capitulate even if my entire portfolio gets liquidated
Thanks user. Anything else I should know about robinhood vs. traditional brokers? I feel like schwab is somewhat more "secure", even though nothing is truly secure. I figure I'll just transfer some play money or deposit my next paycheck to robinhood, and start messing around with low stakes trades now that I won't have to worry about the fees weakening the upside.
Cooper Brooks
Not to mention futures contracts.
Christopher Perez
Use a real broker if you want some worthwhile tools.
Joshua Peterson
Excellent, more cheapies Start averaging under $7
Henry Reyes
Like what? I can't into fancy graphs yet. But I wanna learn how so I'm gonna sink some time into investopedia. Those kinds of tools?
Jacob Baker
Expect some really good deals with Ford. Price will likely go lower. I'm DCAing and the dividends will be great next year.
Brandon Sullivan
You can find all the "tools" that other brokers give you online for free Read the OP, my man
Zachary Flores
>worthwhile tools only a shitty craftsman blames his tools
Ayden Bailey
TD Ameritrade has stock screening tools, easy access to financial data (balance sheets), etc.
Nathaniel Kelly
No, like thinkorswim, tradestation, IB's trader workstation, and a decent browser-based platform to research fundamentals.
Liam Flores
Thanks for the cheapies fren
Dominic Nelson
Whats a good one for short interest and option orders?
I have a schwab account and would use that for the info, just use robinhood for the actual trades. I don't see how the data delay would hurt me then?
Juan Nelson
These futures lmao.
Wyatt Ross
im already 70% into my swing longs but still bothered I have dry powder left. Tomorrow morning better open with one last dip to 230 with a VIX spike to 40s so I can finish and ride this +22% wave up
Nothing. I am too afraid to do options. I am sitting on 50k cash though waiting for the bottom
Connor Flores
tomorrow is the bottom
screen cap it nerd i've been doing this since before you were born
Juan Hall
When I look at the s&p chart, I hear the outro to Layla in the distance and see a montage of 2018 memes
Landon Harris
fair, you're gonna get some mega deals
Camden Hall
That'd be different because they expect you'll trade through them and generate enough commission to cover the cost of real-time exchange data. Regardless, I would never trust a zero-commission broker because you're most likely getting particularly shitty order routing and they probably rely on that to get above average market maker rebates to make up the lost commission revenue. Not to mention, any kind of margined trade through robinhood costs a monthly fee; no thanks lol.
Justin Gutierrez
Anons, I've been trading crypto and forex for a moment and it went ok, some earnings but not life changing.
At the moment I am spending a lot of money I earned on my study. I have a friend who can finance me 5 to 10k to start trading again, fully insured if things go wrong, I do not have to pay it back.
I've been hesitant to go into the stock market for a while, but had no spare time due study. Now that the markets are declining, I see this as a great opportunity to take that amount from my friend and start steadily and risk free.
How do you think about it? I understand I'm asking advise from strangers on Jow Forums but good advice can be filtered, just curious what you guys would do and how. Note that I'm unknown with the stock market so advise on that field would be appreciated.
>You'll say that tomorrow, the next day, the next next day, monday and so on. lmaoing@bullpreppers
user, do you realize you are behaving exactly the same way as a fomo buyer at the peak of a bubble? 20% retrace on indices and you're saying no bounce, down to -50% or something? Even 2008 didn't move directly down in that way. It had three distinct rebounds during the overall bearish trend. Short on margin or with leverage at your peril.
Not him and while I agree there will be a bounce I think it starts Thursday or Friday, the psychology doesn't add up to me for Wednesday. Having said that I'm prepared for anything.
Caleb Reed
Agreed. Volatile Wednesday, maybe set a fresh low or maybe wind up with an inside candle like the Nikkei is doing right now. I don't expect a rebound in earnest until Friday as Thursday is tax loss sell deadline day.
Tyler Barnes
Also speaking of the Nikkei, why are they so fucking fond of gaps up and down from one day to the next? Their chart is ridiculously spastic for an index.
I sold at Dow 25k and am thinking about buying back in.
It's a retirement account so saving 15% is a good enough bonus to risk missing the golden bull. Time to let it sit and collect those sweet dividends.
Joshua Thompson
>Kek nasdick under 5900
Back above again. Futures are drunk. Weaving all over the place.
Jaxson Hall
Speaking of ratsy, where is the next part of the comic? Didn’t nikki say it was coming out in December or January? It’s been more than three months since the last one, WHERE IS COACH BANANA SPLIT
But there isn't any real news is there? I mean sure if there was like some massive dark cloud looming over the economy I could see it but it also seems like an orange man bad induced selloff.
Corporate debt bubble popping Q3 2019 when Duetsche Bank fails.
Charles King
tell me what economic reason caused the 87(?) crash, and just because we plebs have not yet been tolld the reason does not mean there is no reason
Jace Morgan
DB failing will be bad for American markets for like, 2 days with massive declines but it would probably be bullish in the long term and rebound very quickly as European money flows into American markets for safety. Euros would finish the transition to 3rd world though.
Colton Turner
>oh really? In that case am guessing wont eat poor ratsu -_-; What kinda games you playing here rat
We will deff break under again The buyers @ 5912 were dumped on
