Investing General Discussion

Seananigans

Honorary Shit-PhD
<Gold Donor>
15,257
39,500
What’s the recommended platform for casual stonk trading, messing with options, etc.? I’ve been recommended WeBull, is it any good? Ideally something good on mobile, and easy to get my money in/out.
 

Rangoth

Vyemm Raider
2,252
2,541
In those apocalypse scenarios I think only 30-40% of the world’s electronic infrastructure is fried, whichever area was facing the solar activity. So Bitcoin could still be quite useful, I think.

we are in speculative territory for sure and probably should be prepper thread or something but it is very unlikely this would be true. Cyborg futuristic world, maybe BTC. True mad max…..

I could see gold, coffee, toothpaste, and of course bullets and random other shit. But it would be a tangible barter system for sure.
 
  • 1Picard
Reactions: 1 user

mewkus

Vyemm Raider
1,080
3,126
1766992320847.png
 

TJT

Mr. Poopybutthole
<Gold Donor>
46,193
125,645
What’s the recommended platform for casual stonk trading, messing with options, etc.? I’ve been recommended WeBull, is it any good? Ideally something good on mobile, and easy to get my money in/out.
The kids use Robinhood. But you can use any platform for this really. The Robinhood disruptor removed trading fees from the big names like Etrade, Ameritrade, Fidelity, etc.
 
  • 1Dislike
Reactions: 1 user

sole

Molten Core Raider
351
1,250
What’s the recommended platform for casual stonk trading, messing with options, etc.? I’ve been recommended WeBull, is it any good? Ideally something good on mobile, and easy to get my money in/out.
Seems like Robinhood would be able to accomplish all of this? Fidelity's mobile app has come a long way but I'd still give ease-of-use to Robinhood for mobile. Anything longterm though I'd go with Fidelity. No experience with WeBull so can't comment on that.

Edit: TJT beat me to it
 
  • 1Dislike
Reactions: 1 user

Borzak

<Bronze Donator>
27,590
37,194
I use Fidelity. One thing that happened to me that I put in their plus. I had an issue with my account and I called them after normal business hours. I talked to a real live human that was an english speaker from South Carolina I think. She got the problem fixed in minutes.

Silver looks like it decided to not keep going for $90 or $100 soon.
 
Last edited:
  • 1Solidarity
Reactions: 1 user

Tmac

Adventurer
<Aristocrat╭ರ_•́>
10,641
18,766
I use Fidelity. One thing that happened to me that I put in their plus. I had an issue with my account and I called them after normal business hours. I talked to a real live human that was an english speaker from South Carolina I think. She got the problem fixed in minutes.

Silver looks like it decided to not keep going for $90 or $100 soon.

Fidelity does have dope support, but Robinhood is much easier to use.
 

Seananigans

Honorary Shit-PhD
<Gold Donor>
15,257
39,500
The kids use Robinhood. But you can use any platform for this really. The Robinhood disruptor removed trading fees from the big names like Etrade, Ameritrade, Fidelity, etc.

I think the platform that started the no-fees thing was Charles Schwab actually.
 

Tirant

Lord Nagafen Raider
254
137
Charles Schwab sucks. Fidelity is what I'd recommend mostly, but I do have a Robinhood account that I use on my phone just to browse around and check prices etc.
 

Blazin

Creative Title
<Nazi Janitors>
7,657
37,982
I dumped BTC (IBIT) again this morning, what a pain in the dick this thing has been. Using stops can be frustrating but for the last few weeks it's been the right choice with these elevator down moves. I really want to catch a break out move to the upside so I'll keep trying.

Another leg down is too likely for me to just be patient and buying too many shares to just put stop at 84k
 
  • 1Like
Reactions: 1 user

Tirant

Lord Nagafen Raider
254
137
I dumped BTC (IBIT) again this morning, what a pain in the dick this thing has been. Using stops can be frustrating but for the last few weeks it's been the right choice with these elevator down moves. I really want to catch a break out move to the upside so I'll keep trying.

Another leg down is too likely for me to just be patient and buying too many shares to just put stop at 84k

I picked up 2k shares last week as well in the $49.15 range. Currently have a stop at that price. Wish I could have sold when it topped $90k overnight.
 

superstraight

<Banned>
68
-17
Charles Schwab sucks. Fidelity is what I'd recommend mostly, but I do have a Robinhood account that I use on my phone just to browse around and check prices etc.

Schwab on it's own isn't great, but what makes it great is Thinkorswim platform.

As for Robinhood - this CEO literally stole from the poor so the rich could get richer during the gamestop fiasco.. prevented people from placing trades and halted orders while funds could liquidate their positions
 
  • 1Like
Reactions: 1 user

Blazin

Creative Title
<Nazi Janitors>
7,657
37,982
I picked up 2k shares last week as well in the $49.15 range. Currently have a stop at that price. Wish I could have sold when it topped $90k overnight.
A sell at 4am this morning would have been great, but the pattern is clear they are able to smack it down at will. I either want buys at the bottom of range or a close above the 20d. The last month has given time for moving averages to get into better positions but I'm seeing a month or more for it to morph into a truly bullish look. The possibility of the knee jerk rally is now gone (or too small to count on ), the down turn has aged, so it now needs to build a bottom.

Assuming we don't get another leg lower, would be great to have the MAs morph into something like this
1767023126005.png
 
  • 1Like
Reactions: 1 user

Tirant

Lord Nagafen Raider
254
137
Schwab on it's own isn't great, but what makes it great is Thinkorswim platform.

As for Robinhood - this CEO literally stole from the poor so the rich could get richer during the gamestop fiasco.. prevented people from placing trades and halted orders while funds could liquidate their positions

Yeah I use to love TD Ameritrade but when it swapped to Schwab I hated the web based UI so kind of stopped. I probably vastly underutilized the ToS platform.

Robinhood I opened that account in 2017 or so and fell in love with the mobile app. When they pulled that shit in the Gamestop days I transferred almost all my money out, but I still find that mobile app to be the best for daily checking my watchlist and looking up option prices. I seriously don't understand why fidelity or ToS copies their UI, especially for options. I really love their options layout. Whenever I place an order in Fidelity I first figure out my order in RH then place it in Fidelity.


A sell at 4am this morning would have been great, but the pattern is clear they are able to smack it down at will. I either want buys at the bottom of range or a close above the 20d. The last month has given time for moving averages to get into better positions but I'm seeing a month or more for it to morph into a truly bullish look. The possibility of the knee jerk rally is now gone (or too small to count on ), the down turn has aged, so it now needs to build a bottom.

Assuming we don't get another leg lower, would be great to have the MAs morph into something like this

I like your lines, that's my read on where it's headed but maintaining the stop in case it doesn't. BTC is tough with stops though because of the 24 hour trading, it could blow past stops in after hours so I acknowledge I'm taking on a lot of risk anyways.
 

Blazin

Creative Title
<Nazi Janitors>
7,657
37,982
Everyday more stops are being set at 84400, my concern is it becomes a magnet. Blowing out those stops and reversing would be a great buy signal though.


Gld down 4.5% SLV down 8.6% SPY down 0.5% and there should be some amount of rotation into BTC and we have unchanged on the day. Not a good sign.
 
Last edited:
  • 1Like
Reactions: 1 user

Il_Duce Lightning Lord Rule

Lightning Fast
<Charitable Administrator>
12,733
70,818
Schwab on it's own isn't great, but what makes it great is Thinkorswim platform.

As for Robinhood - this CEO literally stole from the poor so the rich could get richer during the gamestop fiasco.. prevented people from placing trades and halted orders while funds could liquidate their positions
Begone alt.
 
  • 1Paper Hands
  • 1WTF
Reactions: 1 users