Buy a stock

>Buy a stock
>Sell it for less than I bought it for

I do this everyday

Can you pls make the background sfw blue

What?

is doing this a form of altruism if you intend on doing it?

how else do you think I launder my money mang?

>a form of altruism
How?

how much less?

8.2%

>buy stock
>sell on an intraday upswing for 0.4%
dem sweet sweet gains

>8.2%
I just did that for around 15% Monday, because I wanted to add 100 to the block I already owned, but added another block by mistake.
Because of FIFO, when I went to get rid of it, the brokerage sold my original position, realizing the loss.

...

Tax deduction nigga

you're letting other people buy the stock rather than holding onto it for your own gains. I usually set my sell price to be a bit lower than I could because I want to let others get in on the gains too

>Tax deduction
Or it gets off its ass sometime this year and I end up with a gain.

This literally is only viable on Robinhood. Robinhood Express must seem like absolute heaven to a guy like you

Well, if the stock has fallen in price (so you'd be selling at a loss if you did), wouldn't you be doing everyone a favor if you held the stock as it lost more money, rather than protecting yourself from more damage by selling?

if robinhood allowed options, id finally use that thing

>the absolute madman

Brilliant!

>tfw can't bring myself to sell
>tfw sitting on 10k paper loss

Literally every stock I've done :)

Mad that you have to pay commissions cuck?

Lol
Yeah, I bet he wishes he had a real broker, like you

Either i do

3k max loss deduction a year.
fuck the system

>Friends ask me for investment advice
>Tell him not to invest in bitcoins but index funds

/mischief/

Get trader status.
No maximum.

>wanting to buy overpriced assets

preach it

im at a $19,000 loss with 2grand left
2nd account down $3,400 with 356 dollars left