Will not miss out any longer. Thank you all for your input. Get money.
Anyone investing heavily this year??
- Thread starter rph2005
- Start date
Post it or bullshit. No one's that dumb. Who's letting you borrow share to risk this? Even WS had to cover their ass.Luck. I don’t know what the hell I’m doing
Don’t do it to yourself. It happens to all of us. Nothing is guaranteed in the market. Sometimes you get in and out perfectly and some times too late or too early. No biggie! Learn from it and move on. Opportunities out there everyday.
Word. Mods hear us out.
Guys, so there needs to be some additional information provided for some of the newer traders.
First, yes, to short a stock in the traditional sense, you need to have a margin account. However, most of you do not. Plus, this pit you in a situation where your risk are infinite. This is the dilemma of the hedge fund. They lost more than their entire company value. Ouch!! Think the movie trading places.
Second, many of you can accomplish a similar profit by using the basic tenet of investing: buy low sell high. Your profit will be a direct function of how much you can afford upfront times the increase or decrease. At least in this scenario, if the stock was to drop, you can get out before a 10% loss of what was already invested.
Third, there are additional ways to profit off of these drastic shifts. One in particular is option contracts. This is what I did yesterday. With the exception of NAKD which does not provide options. I bought a call when I knew it was going up. You have to so this early. I then bought a put when I saw the media attempting to thwart the Reddit move because I knew it was drive the price down again. I'm now monitoring PM to see what's going to happen.
If anyone is curious regarding why I prefer options. First, I have instant access to my profits via my Robinhood Visa. Literally, I sell, I can spend. Second, the initial investment can yield much higher returns. While some paid $340 for one stock (3400 for 10), I paid around $40 per contract which was approx $4000 for 100. If the stock went up 100 (like it did) it $100 times 10 for the short seller and direct investor. But it's 100 times $100 for the option trader.
Plays like this are rare. I knew 99% that this was a go. Not all trades are this guaranteed.
First, yes, to short a stock in the traditional sense, you need to have a margin account. However, most of you do not. Plus, this pit you in a situation where your risk are infinite. This is the dilemma of the hedge fund. They lost more than their entire company value. Ouch!! Think the movie trading places.
Second, many of you can accomplish a similar profit by using the basic tenet of investing: buy low sell high. Your profit will be a direct function of how much you can afford upfront times the increase or decrease. At least in this scenario, if the stock was to drop, you can get out before a 10% loss of what was already invested.
Third, there are additional ways to profit off of these drastic shifts. One in particular is option contracts. This is what I did yesterday. With the exception of NAKD which does not provide options. I bought a call when I knew it was going up. You have to so this early. I then bought a put when I saw the media attempting to thwart the Reddit move because I knew it was drive the price down again. I'm now monitoring PM to see what's going to happen.
If anyone is curious regarding why I prefer options. First, I have instant access to my profits via my Robinhood Visa. Literally, I sell, I can spend. Second, the initial investment can yield much higher returns. While some paid $340 for one stock (3400 for 10), I paid around $40 per contract which was approx $4000 for 100. If the stock went up 100 (like it did) it $100 times 10 for the short seller and direct investor. But it's 100 times $100 for the option trader.
Plays like this are rare. I knew 99% that this was a go. Not all trades are this guaranteed.
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One HUGE thing i would add to this and speaking from experience is to have SEPERATE accounts. Especially, if you're going to start trading options. Here's an example: TD Ameritrade for long term stock holds, Webull for early morning in and out(scalp) type-plays(Can start trading at 4am), Robinhood (Exclusively for more riskier type plays like options). The one thing the OP left out is that you also can get wiped out a lot quicker trading options than any other form of investing. Having seperate accounts is a way of compartmentally controlling your risk management. No one tells you that shit! If you have ONE account you're more likely to do all of thee above with it and greatly increase the chances of blowing up(wiping out your $$$).
#tradingeducation
Robinhood removed NOKiA according to an alert I just got from TD.
Outstanding explanation!!!!!
True.
I would even add in M1 for those long holds for beginners. The ability to create pies and buy partial stocks is outstanding. I have auto deposits into all of my trade accounts. My M1 holds all of my expensive holdings such as Amazon, Tesla, Google, etc.
Robin Hood doesn't realize that they are jeopardizing their credibility. This doesn't look good at all. The ramblings have started and people are now exploring other options for trading.
I am. Dumb luck. Just like when I restarted this thread. You can check all the posts I’ve made.
I think I have no less than 10 posts about people not using Robinhood. But again I’m just the luck guy around here. I don’t know what the hell i’m talking about
These brokers and platforms are going to be sued into oblivion. How is this not market manipulation in favor of the fat cat hedge funders and large institutions?
Just checked my platform (TradeStation) and I was able to buy NOK. Bought 1,000 more shares as a fuck you to RH and TD.
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Yeah this thread definitely should be a sticky. More and more people are getting involved and it is a wealth of information in this thread.
You can start seeing how a case can be made against obvious bias type positioning. You can't do it one way and then not do it the other way. Defintely expect class action lawsuits against these brokerage firms.
not if you already have it as a swing................i still have mine from last week when i called it at $0.34they also removed $CTRM ...FUCKIN' AZZHOLES
Acy is going crazy premarket too. Great call yesterday.$JAN with the rocket move.
Yeah man this is straight bullshit.. How you removing stocks?
They already lost it. Woke up to 100 texts about Webull
Short-Securities Availability | Interactive Brokers LLC
The Shortable Instruments Search tool lets clients search for available, shortable securities by symbol and exchange, ISIN or CUSIP, then download lists by country.
www1.interactivebrokers.com
Do your research, playa. Then you might learn something and be able to contribute to the thread other than bitch energy.
Bullshit gesture by the Neanderthal. Liquidate it first then donate.
Trying to get props for donating a pumped stock
Robinhood is on some bullshit, I can only sell my AMC stock now...
They are going to learn when all those kids switch to a traditional broker and leave these apps.
If they do they better be very careful how they write-it up! Class action lawsuits are being filed as we speak.
They won’t. I asked them to when I restarted this thread in 2019.
They only put sticky threads up about Neanderthals having success and so-called black men getting murdered.