I'm in a good mood and wanna buy some stocks

Flameblow
Flameblow

I'm in a good mood and wanna buy some stocks. Let's say I have $100 to throw into the waste bin, what broker could you recommend? I want it to be as simple as possible.

I hate filling up large registration forms and downloading crap like MetaTrader to my computer, I think RobinHood would be OK, but I'm from Russia.

StrangeWizard
StrangeWizard

Bump

whereismyname
whereismyname

@Flameblow
Try r9k

Illusionz
Illusionz

@Flameblow
30 year Japanese bonds

Supergrass
Supergrass

@whereismyname
@Illusionz
No, I wanna some broker.

Need_TLC
Need_TLC

Bump!

Raving_Cute
Raving_Cute

@Need_TLC
This isn't /b/, you don't have to bump every 5 minutes

King_Martha
King_Martha

Not OP but I do have a question concerning stockbrokers. I was thinking of signing up for an online one, but my biggest concern is them taking my Social Security Number, as the fear of identity theft related issues is a concern. Are these online brokers truly safe and have good protection?

Soft_member
Soft_member

@King_Martha
@Flameblow
Underaged as fuck. Just invest that $100 in kneepads or the will-power to get a real job. You can't just decide to trade with $100. Broker takes at least $6.95 per transaction so your down 13% off the bat. Just pretend you invested in a stock and see how it does. It's the same affect but save yourself the money.

viagrandad
viagrandad

@Soft_member
I don't plan to trade with $100. I plan to trade with roughly $1000.

Inmate
Inmate

@Soft_member
Broker takes at least $6.95 per transaction
I said, I don't care if I waste that $100.

SomethingNew
SomethingNew

@viagrandad
I plan to trade with roughly $1000
Did someone give you the idea that was feasible?

JunkTop
JunkTop

@Soft_member
How fucking dense can you be mate? $6.95 in commission on a $100 trade is not fucking 13%, it's 6.95%. Jesus fucking christ.

StrangeWizard
StrangeWizard

Borrow some money and dump it all into USD/LIRA

Crazy_Nice
Crazy_Nice

@Flameblow

buy monero

lostmypassword
lostmypassword

@Flameblow
Fuck is wrong with all of you.

OP for a broker you should use Robinhood. They don't charge any fees to trade.

And if you really don't care if you waste that $100 then great. I recommend buying a long term stock that pays consistent dividends. it will increase exponentially and you will have $334 in ten years. Just pretend that you wasted that $100, and don't forget to reinvest dividends.

Emberfire
Emberfire

@lostmypassword
broker
Robinhood
pick one

RavySnake
RavySnake

@JunkTop
it's 6.95 x 2 because you're charged on entry and exit. good job calling other people retards tho.

Crazy_Nice
Crazy_Nice

@SomethingNew
I admit it's not much to work with admittedly. But a chance for a small profit, is something regardless I want to take.

King_Martha
King_Martha

@RavySnake

you should round up rather than down if it is greater than .5

viagrandad
viagrandad

@King_Martha
i'm not the guy that he initially responded to. but it irks me that he's insulting someone's intelligence when he's wrong. there's nothing erroneous with my math because i merely point out it's a fee charged twice.

BunnyJinx
BunnyJinx

@Soft_member
don't be a cunt.

when I first dabbled in day trading I started with $100 just to test it out. it's a good way to learn. you can take risks without consequence.

@Flameblow
robinhood is a good way to start since it's free. you have to deal with the fact that you are looking at a less complete set of data than other players, but it's still enough to turn a profit and right now is a pretty fun time to be trading.

just bear in mind that with only $100 or $1000 your profits will be very small.

Bidwell
Bidwell

@BunnyJinx
Les complete set of data? How so?

Firespawn
Firespawn

@Bidwell
No real time prices
No after hours access
No pre market access
No shorting
No margin
No leverage
Boiled shrimp
Shrimp Kebabs

That's about it.

Techpill
Techpill

@lostmypassword
Robinhood
Russia
pick one

RavySnake
RavySnake

@Illusionz
The Swiss would be more profitable atm

VisualMaster
VisualMaster

@viagrandad

please don't be mean to me

SniperWish
SniperWish

@Techpill
Russia
Robinhood
In Russia, hoods rob you

CouchChiller
CouchChiller

Bump

farquit
farquit

Bump

SomethingNew
SomethingNew

@Flameblow

if you want to trade, you need to get at least $1000. like the other guy said, commissions take out a big % if you have only $100.

with a small account, you must play those low float runners of the day to grow it quickly. for example, last week had OPTT, SPU, KURA.

Playboyize
Playboyize

can one use robinhood with a VPN ?

TreeEater
TreeEater

@SomethingNew
commissions take out a big % if you have only $100
lol. That's not true for $1000?
In twenty trades, you'll have gone through nearly a third of your capital. And that's assuming you can pick up commissions for $7.50.

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