show you guys how I day trade ( $1500 to $1553.07)

[hmgROCK]

Last I checked, Robinhood is played on an app so through your phone. 

Good for low player's day trader.  Now if you trade big money, $6 commission is nothing to them.

$6 add up fast, man
thats like per trade too

and if you trade alot throughout the day
that's like $200-500 alone in commission only


that why robinhood is soo good

also they are trying to do a 3% saving account
that is probably the highest, ive seen soo far

[darkhelmet]

I used to use Robinhood 2 years ago when I was more into frequent trading - primarily trading oil and biotech stocks.  But funds took too long to settle and no margin trading, so when you're out of money, you're done.

[hmgROCK]

I used to use Robinhood 2 years ago when I was more into frequent trading - primarily trading oil and biotech stocks.  But funds took too long to settle and no margin trading, so when you're out of money, you're done.

robinhood is trying to offer their customer a 3% interest saving/checking account
that is pretty high
highest, ive seen
if they can get it FDIC insured, or some kinda of insured
i will definitely switch bank
nice fixed income account


https://www.investmentnews.com/article/20181213/FREE/181219974/robinhood-announces-checking-and-savings-with-3-percent-interest-rate

The new offering from the Menlo Park, California-based startup is called Robinhood Checking & Savings, and promises a 3% interest rate, a sky-high payout in today's low-yield environment. Robinhood is pitching the service as akin to a checking or savings account, though there are some key differences in how the product was created — including how it's insured.

[w1s3m0n]

I traded two stocks today because we had a snow day.  Normally I would not day trade.

I enter NVDA at $133 in AM and decided it wasn't for me because the direction was not going right...so I sold at $134.  I made $100.  Had I held, I would have made $400 because NVDA went up to $137 today.  I was wrong, but it's OK...I made a profit. 

I entered FIT at $6 and still holding.  I'm up like $200.

I only trade 10-20% of my day trade portfolio at a time.  Today was a snow day so I did some AM trades.

A stock I'm thinking about getting into is ILMN.  I considered entering at $270 but the stock is approaching the 50/200 sma (death cross) so I wasn't sure if people would panic sell down into $250..  Historical charts show the death cross has no bearing on the stock price.  BUT, psychology may and so I didn't want to gamble.  Right now the stock is up to $274...Maybe I missed the entry point but PATIENCE is key.

[w1s3m0n]

What I didn't do was buy some AMD...I was concerned about the tariffs and didn't want to be in a bad situation.  Those that took the risk, made like 35% when AMD dropped to $17 and bounced back today at $22.  That's 35% in a month on AMD!

The fear was tariffs/trade war would soften demand in China like what APPL and NVDA have been reporting.

[hmgROCK]

Everything is up today
Nvda, amd, aapl, etc

Sadly I didn’t not make any move today
I was hoping a weak quarter result with the  Oct-Dec  thing

[darkhelmet]

Yup everything was up so whatever you bought this AM, you would have profited.
But I'm done with daydrading, so doesn't matter to me.

[hmgROCK]

Yup everything was up so whatever you bought this AM, you would have profited.
But I'm done with daydrading, so doesn't matter to me.

That’s good man
Just go all into the S&P 500
You will do fine

[w1s3m0n]

First rule of day trading...if it goes the other way...just sell...don't hold...be impatient with losers and be patient with winners.

[hmgROCK]

First rule of day trading...if it goes the other way...just sell...don't hold...be impatient with losers and be patient with winners.

warren buffett
these super rich old white folks
they just buy and hold good companies till FOREVER
they never sell

since we are not super rich like them
we just dollar cost average in every paycheck
should do fine

[w1s3m0n]

Buffet is not a passive investor.

warren buffett
these super rich old white folks
they just buy and hold good companies till FOREVER
they never sell

since we are not super rich like them
we just dollar cost average in every paycheck
should do fine

[w1s3m0n]

swing trading NXPI today until next week earning.

[hmgROCK]

swing trading NXPI today until next week earning.

them chips been taking a beating lately
NVDA got a good beating too if you are interested

these are wayy too risky for me
i will pass

just stick to my ETF
hope it works out for you

[darkhelmet]

It's a green day.

[hmgROCK]

It's a green day.

i hate that trump guy
but man
he making me rich

his other rich friend is pumping this market
they don't want it to fail