/biz/ - Business & Finance

>>890898

aapl

Gl with commissions lol

>>890898
Long term, so like more than ten years. NR. Newpark Resources. Best fracking gear company out there. Beaten down by cheap oil and rig shutdowns, both of which are temporary. A steal at or under a $6 handle.

>>890898
Voo nflx etsy aapl shak xom
Pick one starting from left

>fund account with $100
>buy 1 XOM
>"deposit more funds to keep trading"
>can't sell it because no money

You could buy 40k TBEV.
If commissions are $7 per trade and the stock goes up 0.05 cents you still made $6.

>>890898
$CY

>>890898
TK's commision is $4.95 per trade. That means if you buy/sell $100 of a stock it has to move 4.95% in the right direction before you even *break even*. You also start IN THE HOLE because of the bid/ask spread, so it's even worse. There is literally no reason to trade with such small amounts.

Open a demo account at a broker if you want to fuck around until you have real capital. I personally won't buy/sell less than $10,000 of a stock at a time (which, at $4.95 commission, requires a 0.0495% movement in the right direction to break even.).

>$100

You faggots need to realise that no matter what Robinhood or Tradeking or any other meme-app would have you believe, you cannot start a worthwhile portfolio with chump change.

>>891718
What would you consider the minimum amount of capital to invest with while keeping a low bid/ask spread?

HAL
KR
DIS

>>890898
>$100
>Long term

you won't make shit. life savings, and short term trading only you pussy

>>892125
This. Plus, he obviously has no clue what he is doing if he has to ask for advice on here. If I were him, I would save it for paying my bills or something.

As for a potential investment that MIGHT make >45% over the next 6 months, I would probably recommend Spirit Airlines (SAVE.) The most conservative estimates have it hitting $70/share from the current $49.

>>890898
Tbev and JetBlue

Tradeking has really bad rates for OTC listed stocks so stay away from any of those. Also, if I was in your position I would buy DOM, they have a strong record and are trending at what I believe is their low point. DOM also pays a pretty large sized dividend, so in the future if you wanted to pick up more and hold it is decent passive income to reinvest into stocks.

TradeKing, Per the fine print they charge $.01 “per share” on stocks less than $2. On top of this, they do not even allow orders on stocks that trade for below $.01.

>>892486
you fucking cunts told me that tradeking was the best for pennystocks

ive been rused again

>>892492
uhh
no
td ameritrade is good

but they're worthless anyway thanks to the fees

Not saying trade it yet, but keep an eye on NTEK.

>>892569
well i guess its not so bad since i wasnt really planning on buying any pennystocks

feels like i miss every boat tbh but i guess it doesnt matter when im not putting in significant money into it in the first place

>>891718
Fucking moron. If you buy and sell a stock that is two transactions. It means the stock has to move 9.90% before you make a profit, not 4.95%. If you're gonna shoot something down, do it correctly.

>>890906
can't even buy that with 100

>>892587
buy/sell meant "buy or sell" (i.e., go long/short), not buy & sell, but you are right. I was only talking about opening the trade.

>>892654
You could with a platform like Loyal3. You can get fractional shares.

>>891878
When I buy or sell stocks, I only do $10,000 or more. I don't really have a recommendation. I mostly algotrade forex, not stocks.

>>892486
This but it's maxed out at 5% of the price of your trade. Still the .01 price minimum prevented me from buying TBEV.