/biz/ - Business & Finance

The most insane pattern I'm seeing is this horse shit about the market being driven by Robinhood traders. There is no way the people stating this are stupid enough to believe that which means they're deliberately being deceptive. You then need to wonder why are they using the most bottom of the barrel, least influential market participants as patsies for what is happening? It's not the HFTs or bots transacting millions of shares a day. It's not the dark pools. It's not the off exchange block orders. It's not the sophisticated algos that are hunting stops and faking liquidity. It's not the market makers and institutions that are BUYING that fucking order flow to trade against in the first place.

No, it's some dinky dipshit with a $1,000 trading account trading 5 shares of Snapchat. Give me a fucking break. Something really insidious and dark is going on. It reminds me of the same shit that went on in the dotcom crash when they blamed daytraders and the same shit that went on in the global financial crisis when they blamed short sellers. It was/is a deliberate misinterpretation of reality to cover their asses. It's like blaming something for being flammable when you're the one who set it on fire. U.S. markets are absolutely FUCKED from a microstructure standpoint.

Feel free to discuss how fucked U.S. markets are, microstructure, the research of Eric Hunsader at Nanex, and so on. http://www.nanex.net/NxResearch/

Is there a reason not to use a "free" stock trading app?
Lay it down here, should I play my birthday gift money here?

ITT: RobbinHood, do you use it? What mainly for? Penny stocks, Crypto, ect. are there better apps/websites for stock market exchange?

Any tips for new users? How is portfolio looking?

AirBnb, iOS SMS icon, Tinder, YouTube

What are /biz/s thoughts on the average yearly return for a trader?

So is this shit a scam? What's the catch? I just noticed their investors pretty much match reddit's investors 100%

Robinhood General Thread - /rgt/

End of May Edition

Visit the website first - www.robinhood.com

Candlestick charting guideline:
> http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:introduction_to_candlesticks

FAQs
> How is it free?
They invest your unsettled funds after a trade.
It's also pretty basic software.

> When is it coming to my country?
Probably never. They only have plans on an Australian beta ( https://robinhood.com/au/).).

> It's been X days, why isn't my account isn't verified yet?
If it takes more than 3 days, try emailing their support. They are very good.

> Is this the right place to pump and dump and/or shill a worthless stock?
No, please go to Stocktwits, Plebbit, or one of our many chat groups.

> What's a good penny stock to invest in?
Don't buy penny stocks you cum guzzling mouth breathing retard.

> 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.

> Where can I get better charting or bid/ask?
thinkorswim is bretty gud if you want to go open a second account with real broker.
Otherwise you should be using Yahoo/Google finance or even Stocktwits for your graphing in addition to Robinhood.
Old Thread: >>1254171

Robinhood General Thread - /rgt/

Sell your blue chips and buy more memes edition

Visit the website first - www.robinhood.com

Candlestick charting guideline:
> http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:introduction_to_candlesticks

FAQs
> How is it free?
They invest your unsettled funds after a trade.
It's also pretty basic software.

> When is it coming to my country?
Probably never. They only have plans on an Australian beta ( https://robinhood.com/au/).).

> It's been X days, why isn't my account isn't verified yet?
If it takes more than 3 days, try emailing their support. They are very good.

> Is this the right place to pump and dump and/or shill a worthless stock?
No, please go to Stocktwits, Plebbit, or one of our many chat groups.

> What's a good penny stock to invest in?
Don't buy penny stocks you cum guzzling mouth breathing retard.

> 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.

> Where can I get better charting or bid/ask?
thinkorswim is bretty gud if you want to go open a second account with real broker.
Otherwise you should be using Yahoo/Google finance or even Stocktwits for your graphing in addition to Robinhood.

Old Thread:
>>1155495