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/biz/ - Business & Finance

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1384801 No.1384801 [Reply] [Original]

I'm in a good mood and wanna buy some stocks. Let's say I have $100 to throw into the waste bin, what broker could you recommend? I want it to be as simple as possible.

I hate filling up large registration forms and downloading crap like MetaTrader to my computer, I think RobinHood would be OK, but I'm from Russia.

>> No.1384826

Bump

>> No.1384831

>>1384801
Try r9k

>> No.1384833

>>1384801
30 year Japanese bonds

>> No.1384835

>>1384831
>>1384833
No, I wanna some broker.

>> No.1384839

Bump!

>> No.1384840

>>1384839
This isn't /b/, you don't have to bump every 5 minutes

>> No.1384851

Not OP but I do have a question concerning stockbrokers. I was thinking of signing up for an online one, but my biggest concern is them taking my Social Security Number, as the fear of identity theft related issues is a concern. Are these online brokers truly safe and have good protection?

>> No.1384853

>>1384851
>>1384801
Underaged as fuck. Just invest that $100 in kneepads or the will-power to get a real job. You can't just decide to trade with $100. Broker takes at least $6.95 per transaction so your down 13% off the bat. Just pretend you invested in a stock and see how it does. It's the same affect but save yourself the money.

>> No.1384857

>>1384853
I don't plan to trade with $100. I plan to trade with roughly $1000.

>> No.1384869

>>1384853
>Broker takes at least $6.95 per transaction
I said, I don't care if I waste that $100.

>> No.1385872

>>1384857
>I plan to trade with roughly $1000
Did someone give you the idea that was feasible?

>> No.1385925

>>1384853
How fucking dense can you be mate? $6.95 in commission on a $100 trade is not fucking 13%, it's 6.95%. Jesus fucking christ.

>> No.1385930

Borrow some money and dump it all into USD/LIRA

>> No.1385948

>>1384801

buy monero

>> No.1386068

>>1384801
Fuck is wrong with all of you.

OP for a broker you should use Robinhood. They don't charge any fees to trade.

And if you really don't care if you waste that $100 then great. I recommend buying a long term stock that pays consistent dividends. it will increase exponentially and you will have $334 in ten years. Just pretend that you wasted that $100, and don't forget to reinvest dividends.

>> No.1386086

>>1386068
>broker
>Robinhood
pick one

>> No.1386093

>>1385925
it's 6.95 x 2 because you're charged on entry and exit. good job calling other people retards tho.

>> No.1386132

>>1385872
I admit it's not much to work with admittedly. But a chance for a small profit, is something regardless I want to take.

>> No.1386139

>>1386093

you should round up rather than down if it is greater than .5

>> No.1386145

>>1386139
i'm not the guy that he initially responded to. but it irks me that he's insulting someone's intelligence when he's wrong. there's nothing erroneous with my math because i merely point out it's a fee charged twice.

>> No.1386204

>>1384853
don't be a cunt.

when I first dabbled in day trading I started with $100 just to test it out. it's a good way to learn. you can take risks without consequence.

>>1384801
robinhood is a good way to start since it's free. you have to deal with the fact that you are looking at a less complete set of data than other players, but it's still enough to turn a profit and right now is a pretty fun time to be trading.

just bear in mind that with only $100 or $1000 your profits will be very small.

>> No.1386246

>>1386204
Les complete set of data? How so?

>> No.1386456

>>1386246
No real time prices
No after hours access
No pre market access
No shorting
No margin
No leverage
Boiled shrimp
Shrimp Kebabs

That's about it.

>> No.1387363

>>1386068
>Robinhood
>Russia
pick one

>> No.1387381

>>1384833
The Swiss would be more profitable atm

>> No.1387389

>>1386145

please don't be mean to me

>> No.1387472

>>1387363
>Russia
>Robinhood
In Russia, hoods rob you

>> No.1387572

Bump

>> No.1387616

Bump

>> No.1388080

>>1384801

if you want to trade, you need to get at least $1000. like the other guy said, commissions take out a big % if you have only $100.

with a small account, you must play those low float runners of the day to grow it quickly. for example, last week had OPTT, SPU, KURA.

>> No.1388740

can one use robinhood with a VPN ?

>> No.1389206

>>1388080
>commissions take out a big % if you have only $100
lol. That's not true for $1000?
In twenty trades, you'll have gone through nearly a third of your capital. And that's assuming you can pick up commissions for $7.50.