Gotcha. Just remember that you could never trade in the premarket or the postmarket with RH. That is where the real fun happens. Why you think everyone reports earnings after hours. The stock gets run up in the postmarket and the premarket the next morning and when the market opens you are paying more money then what it closed at. Also the exact opposite happens when they missed on earnings and the stock loses 20% post and pre and it opens and you are 20% less rich.
When you go to sell stocks on one of these exchanges (I use webull) is there any trick to it to get the price you want? Any sort of delay or time between when you click sell to when it goes through where price could drop on you?
Set a stop loss or limit sell. You pick the price its sells. Be mindful with the crazy ups and downs of GME, the order may be executed at a lower price. Robinhood seems to lag and play catch up with my limits.
I sell with a limit. I haven’t had it very more than a couple tenths of a cent off what my limit was.
I I am not here to give investing advice but make sure you know what you are doing. You can set a stop loss order which means you set a floor on your stock. Lets say its worth 50 bucks a share and you put a limit order on that stock at 40 bucks. Which means if it hits 40 dollars you think it would sell automatically right. WRONG If that stock is taking a huge dump nobody is going to buy it because to sell something you need a buyer and that guy is not going anywhere near that stock at 40 when he has the potential to buy it at 10 or 5. Would you? I encourage anyone looking to invest to spend some time on youtube or reading literature before jumping in to the market. I have made 100 grand in 1 day and lost 150 grand in 1 day. If you dont know what you are doing I have 2 words for you. Index funds. Have a nice day.
Sorry I never give investment advice. Never ends well but I will say a year ago I did'nt know what calls and puts were let alone a gamma squeeze. But I read and watched everything I could on investing and now know 10% of what the best traders know. Good Luck in the future.
Decentralized Stock Exchanges are the future. As Robinhood Shuts Down GameStop Shares, Demand Emerges For Decentralized, Censorship-Resistant Trading Dharma Adds Uniswap Trading in Bid to Become ‘the Robinhood of DeFi’ Ex-Goldman Sachs head compares Uniswap to Robinhood Decentralized Stock Trading Launching on DeFi Platform Injective Protocol What Is DeFi? - CoinDesk DeFi is short for “decentralized finance,” an umbrella term for a variety of financial applications in cryptocurrency or blockchain geared toward disrupting financial intermediaries. Ethereum applications Most applications that call themselves “DeFi” are built on top of Ethereum, the world’s second-largest cryptocurrency platform, which sets itself apart from the Bitcoin platform in that it’s easier to use to build other types of decentralized applications beyond simple transactions. These more complex financial use cases were even highlighted by Ethereum creator Vitalik Buterin back in 2013 in the original Ethereum white paper. That’s because of Ethereum’s platform for smart contracts – which automatically execute transactions if certain conditions are met – offers much more flexibility. Ethereum programming languages, such as Solidity, are specifically designed for creating and deploying such smart contracts. For example, say a user wants his or her money to be sent to a friend next Tuesday, but only if the temperature climbs above 90 degrees Fahrenheit according to weather.com. Such rules can be written in a smart contract. With smart contracts at the core, dozens of DeFi applications are operating on Ethereum, some of which are explored below. Ethereum 2.0, a coming upgrade to Ethereum’s underlying network, could give these apps a boost by chipping away at Ethereum’s scalability issues. The most popular types of DeFi applications include: Decentralized exchanges (DEXs): Online exchanges help users exchange currencies for other currencies, whether U.S. dollars for bitcoin or ether for DAI. DEXs are a hot type of exchange, which connects users directly so they can trade cryptocurrencies with one another without trusting an intermediary with their money. Stablecoins: A cryptocurrency that's tied to an asset outside of cryptocurrency (the dollar or euro, for example) to stabilize the price. Lending platforms: These platforms use smart contracts to replace intermediaries such as banks that manage lending in the middle. "Wrapped" bitcoins (WBTC): A way of sending bitcoin to the Ethereum network so the bitcoin can be used directly in Ethereum's DeFi system. WBTCs allow users to earn interest on the bitcoin they lend out via the decentralized lending platforms described above. Prediction markets: Markets for betting on the outcome of future events, such as elections. The goal of DeFi versions of prediction markets is to offer the same functionality but without intermediaries. In addition to these apps, new DeFi concepts have sprung up around them: Yield farming: For knowledgeable traders who are willing to take on risk, there's yield farming, where users scan through various DeFi tokens in search of opportunities for larger returns. Liquidity mining: When DeFi applications entice users to their platform by giving them free tokens. This has been the buzziest form of yield farming yet. Composability: DeFi apps are open source, meaning the code behind them is public for anyone to view. As such, these apps can be used to "compose" new apps with the code as building blocks. Money legos: Putting the concept "composability" another way, DeFi apps are like Legos, the toy blocks children click together to construct buildings, vehicles and so on. DeFi apps can be similarly snapped together like "money legos" to build new financial products.
A Redditor found a brilliant way to beat Robinhood’s GameStop restrictions Robinhood reenabled GameStop (GME) stock purchases on Friday, but limited the number of shares each user can purchase. The limit dropped from five GME shares per user to just one, but a Redditor found a way to circumvent Robinhood’s new trading rule. The trick involves taking advantage of a Robinhood trading feature not many people might be familiar with, placing call orders, and then exercising the right to purchase the stock immediately.
We need a “**** the Elite through Stocks” thread. This signature has been removed due to it violating your sensitive anus.
hahah true that I’m not giving investment advice Coworker asked me about any sticks I was looking at. I mentioned one in particular. I’d been on a good run so apparently he thought that meant to buy it. He hits me up weeks down the road cause he lost his ass on it. I laughed and told him I never bought it because it wasn’t looking right haha.
I always tell people to sign an agreement that you will pay me 25% of your gains and I owe you 0% of your losses. Nobody has taken me up on that offer yet.
So you only want responsibility when you win and take none when you lose? This signature has been removed due to it violating your sensitive anus.
