Robinhood General Thread - /rgt/

How do you unlock the green theme? edition

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-- Robinhood FAQs --
- VISIT THE WEBSITE FIRST DAMMIT!! - www.robinhood.com
> How is it free?
They invest your unsettled funds after a trade. It's also pretty basic shit.
> When is it coming to my country?
Never. They only have "plans" on an Australian beta.
> It's been X days, why isn't my account verified yet?
If it takes more than 3 days, email their support. They are very good.
> Is this the place to pump and dump and/or shill a worthless stock?
NO! THIS IS Veeky Forums, A PLACE OF POLITENESS AND PROFESSIONALISM!!!
> I hit sell when the stock was X.XX, but it actually sold at a lower price, am I being jewed?
No, that would actually be illegal. Robinhood graphs are just shit and only show you an average, not-really-realtime price. To get Bid/Ask prices and important things like candlestick graphs, you should use a more robust platform. -- (also learn difference between LIMIT and MARKET orders!!!)
> Where can I get better charting or bid/ask?
thinkorswim is bretty gud if you want a 2nd account with real broker.
Otherwise you should be using stockcharts.com, finviz, or a non-pile-of-shit for your graphing in addition to Robinhood.
>How do I git gud?
Technical analysis-investopedia.com/terms/c/candlestick.asp?layout=infini&v=5F&orig=1&adtest=5F
Fundamental Analysis- Martin Shkreli finance lessons on youtube
> Can I use Robinhood on my PC?
Yes, download an android emulator.

Previous Thread:

SHould I hold SCON overnight?
Yo uthink it'll peak tomorrow morning?

SINO bounces back overnight, Kek wills it.

Is it US only?

Fucked up the tag again.

RHG, no need for a damn "T" to be in a thread name. Every thread is already a thread.

So do I panic sell my shipping stocks now? Or hold on to them?

WARNING amd is a MEME STOCK. growth not sustainable p/e is way out of whack. short = mad gainz

The Ships have already sunken.

Shut your memehole.
It's been /rgt/ for over a year now.

i wish i "panic" sold my shipping stocks sooner.

u god damn chasers ruined my gains

you learn the joys of bagholding if it's a significant amount and depending on just how badly fucked you are

they will rebound a good ways from here but it might take a month or two

Yeah, it's been retarded for over a year, it's about time we changed it.

DON'T FUCKING BAGHOLD YOU GODDAMN AUTISTS

Fitbit has to recover right?

No, a company based on one product like that when apple literally chips away at its functionallity every year...

this!

No. They have nothing new besides a pedometer. It will continue to go down. Source: look at gopro

ready for DRYS to skyrocket???

SCON 4$ Again.

How do you guys like SCON overnight? Think it can get a good bump or should I cash out as it hovers $4?

this is literally how the rest of this website works

...

I cashed out over 4, not making that fucking mistake again

You're a fucking idiot. Go look at posts labeled "Generals" and come back to me.

This is RobinHood General, this is not RobinHood Thread.

MNGA possible atmosphere mission in a couple days.
Price is low and volume spiked today after news of financing

Ok, senpai SCON is be the pick of the day.

See if it holds 4. If it does and makes a run at power hour, then tomorrow we should git gud.

Still gutted i didnt stay in at 2.30 but whatevs.

anyone else thinking a drys bounce tomorrow would bring a bounce in all other shipping memes?

Why is SCON up 200%?

This makes no sense at all.

eh you got a point there

because i sold a while ago, you're welcome

Are you the same guy who shilled AMRS over the summer?

good idea

wheh you get this thought, sell

>because i sold a while ago, you're welcome

LOL

What kind of timeframe for RIG?

>I bought SINO at $12.20

should i sell SINOi think some overnight magic can occur

How is robinhood compared to Etorro?

dont sell

>i bought sino at 7.50

I should say what's the best site for britfags?

get on SCON train lookin good!

Wtf is going on with DWTI?
>* Credit Suisse AG - following delisting, ETNs will remain outstanding, though they will no longer trade on any national securities exchange

I literally just bought this yesterday. Where the fuck do I sell these after December?

Lisa Su is my new hero

SCON headed to Andromeda

Should I chase SCON? I don't want to suffer.

It's hovering $4 now, so get it before it hurts.

No, do not fucking chase. DOnt buy unless its under $4

If you do, wait for the next dip

any one buying DRYS today?

will EGLE make a comeback?

You know what, I'm sorry I got so cancerous in my last post ( )
Didn't mean to fly off the handle and insult someone who did nothing wrong.

/rgt/ I want to cash in on SCON i'm up 1.5k but i'm out of day trades.

If I use up that 4th day trade i'm I just banned from day trading for 3 months or from trading at all for three months?

Is there any reason to believe that it will go back up?

Seems stale. May dive in if it sinks below .50.

People have been calling AMD a meme since this time last year. I've traded it multiple times but I wish I would've just bought and held. AMD is what you call an investment, user.

just day trading

Good thing you shouldn't be holding DWTI that long anyways...

What does this mean? I thought there was a day trade limit.

Do it dude

4 day trades mark you as a pattern day day trader and profit day trading for 90 days

Scon going down boys

I wish. Didn't jump on that train till later but still made some profits.

Only on margin accounts.
Cash accounts can day trade all they want, but sales take 3 days to settle and become buying power.

Pff just a dip. Wait for the next rise. Going to be a beast in AH!!!

CMON AMD

LATE DAY RUN PLS

So if I don't have margin I can day trade as much as I want without getting banned?

Yes, and robinhood instant is a margins account because robinhood fronts you the money immediately after a day trade.

Yes but it's worse because you'll just blow your wad, any money you get from a sell on a cash account takes 3 days before you can use it.

I'm sorry if I'm not ENTIRELY understanding. If my account is only funded with my own money, I can trade past the three day trades? People here are saying that they can't go past 3 day trades. Are they all robinhood instant?

But sales take 3 days to settle. You really wanna wait that long to buy another stock?

BUY THE DIP

You need 25k at least to go past the 3 day trade limit or else you have to wait 6 months to trade again.

>standard robinhood account
>you put in money
>you buy something, you sell something same day
>your profits from the sale sit for 3 business days
>do this as much as you want

>upgrade to robinhood instant
>buy and sell a stock on same day
>you can immediately re-use your profits from the sale (its robinhoods money as your money is in limbo waiting to be settled)
>can only do this 3 times in a businessweek
>do it 4 times you get banned from day trading for 90 days

Im guess when you hit PDT with an instant account they downgrade your account

UK equivalent of robinhood? Also can someone explain the limits? Why do they limit the amount of trades you can do?

So I currently don't have a limit on my day trading outside of my buying power?

Buy scon in a bout 5min when it bottoms out

>Why do they limit the amount of trades you can do?

If you have $25,000 in your account, you can day trade as much as you want on margins.

The law was put in to discourage degenerate gambling, and to keep people from losing all of their money trying to gamble back losses.

I bought at 3.82. Already kicking myself. I'll learn.

Time to fucking kill myself

How low?

If you didnt explicitly upgrade to robinhood instant, then you have no limit. You just get fucked and miss out on all of the good stuff waiting for cash to settle.

And remember, this only applies to day trades.
If you buy a stock today, and sell it tomorrow morning thats a swing trade and it doesnt count.

I held out on instant for a long time, I would never go back

This is your Captain Speaking: SCON Space Mission in Progress, just flying back to the earth to get more Speed in a flyby, we will be back at Jewpiter in just a few seconds!

Jesus. And I was sad about losing 8$

$2.40~

CA66510M2040
NAK

Now or never.

how much did you start with?

after 2 weeks of trading memes every day i'm at $350 from joining robinhood with $375

was at 560 yesterday but lost 200 listening to everyone saying to buy sino at open :|

you guys have really great advice, and some really bad advice!

GO BACK UP SCON GOD DAMMIT

It's almost as if stocks ARE gambling!!!

I did the buy high sell low strategy on DRYS and now working on SCON.

It'll go up, chiiiil
use this time to buy more shares

honestly I'd wait for the 30cent dip but im not even sure if its coming

explain to me what laws exist in a casino to keep people from throwing $1000 or more down the drain in a single day

I'll wait

I should have cashed SCON at $4 it would have covered all my losses from shipping.

Now I get to feel the sting of regret twice today.

>AMSC

Just wait it out.

It exists to keep retards like you from causing a depression that will affect everybody.

That looks awful.

moron its going back up

These threads would be a whole lot interesting if we had unlimited day trading

If enough idiots lose money at a casino. The casino gets rich. If millions of idiots crash the market it's not just the idiots that get affected.

>2008
>black monday etc

Those fucking idiots who are selling SCON right now should be bitch slapped. Now you shouldn't sell but BUY!!!!