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Seananigans

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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

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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.
 
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mewkus

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1766992320847.png
 
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TJT

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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.
 
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sole

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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
 
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Borzak

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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.
 
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Tmac

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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.
 
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Seananigans

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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

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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

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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
 
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Tirant

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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

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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
 
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Blazin

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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
 
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Tirant

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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

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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.
 
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Il_Duce Lightning Lord Rule

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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.
 
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Borzak

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Chicago Mercantile Exchange changed requirements for margin on silver going into Monday.

Silver and gold up in futures.
 
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Sludig

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Kinda a tax question, or general advice I guess.
I get paid a separate health and wellness rate. Basically it paid your health insurance and anything extra goes to 401k, if you had other coverage it all goes 401k and they had added a cash in liue option that then gets taxed. Basically 880 gross.

Rates have gone away up and I'm basically actually paying a few dollars out of pocket for my coverage. I can get on wife's new job plan for 438/month. Rough mathing it would be an extra 160-200 a month after taxes and premium. But the coverage is far worse, higher deductible, like 9600 max out of pocket, only 60% co insurance. 40 reasonably healthy, I just have to have a rx for migraines.

If I'm paying a premium not reflected on w-2, not sure if on next year's taxes I could claim that 438 to get the like 28% in taxes back as well.

Kinda boils down to 2200 roughly a year at the risk of being my negative if I have a decent amount of medical bills. Ideally I would just have like 200 withheld into my 401k to make it stretch further and y'know be wiser.

Was nice before rates jumped because it was like 300 a month into 401k that felt painless because it wasn't coming out of my base wages check.
 

Furry

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Kinda a tax question, or general advice I guess.
I get paid a separate health and wellness rate. Basically it paid your health insurance and anything extra goes to 401k, if you had other coverage it all goes 401k and they had added a cash in liue option that then gets taxed. Basically 880 gross.

Rates have gone away up and I'm basically actually paying a few dollars out of pocket for my coverage. I can get on wife's new job plan for 438/month. Rough mathing it would be an extra 160-200 a month after taxes and premium. But the coverage is far worse, higher deductible, like 9600 max out of pocket, only 60% co insurance. 40 reasonably healthy, I just have to have a rx for migraines.

If I'm paying a premium not reflected on w-2, not sure if on next year's taxes I could claim that 438 to get the like 28% in taxes back as well.

Kinda boils down to 2200 roughly a year at the risk of being my negative if I have a decent amount of medical bills. Ideally I would just have like 200 withheld into my 401k to make it stretch further and y'know be wiser.

Was nice before rates jumped because it was like 300 a month into 401k that felt painless because it wasn't coming out of my base wages check.
I'd side toward toward the better health insurance personally, but I like to use my health insurance. If you are fairly confident you wont USE your health insurance through the year, and just want catastrophic protection, it can make sense to go the other way.
 

Sludig

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I'd side toward toward the better health insurance personally, but I like to use my health insurance. If you are fairly confident you wont USE your health insurance through the year, and just want catastrophic protection, it can make sense to go the other way.
Yeah pretty much where I was sitting at, I just really balk at paying 880 basically for just medical plus a little bit of disability/life in when all that was like Under 500 4 years ago.

Debating how well the self pay for could work for more minor stuff if at all. But really biggest thing is that if yes I can claim those premiums on taxes that would essentially push the 200 to 300 a month just deferred until tax returns.

We have the savings that if I had to drop 10k I could, hell we are at about that this year between all our vet bills, 5 surgeries across 7 dogs