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With the influx of people investing because of Robinhood, would it be a good idea to start a Robinhood thread and some basic stock trading tips and and advice that reflect what you can do in Robinhood?
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Jan 17, 2015 01:12
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Captain Apollo posted:With the influx of people investing because of Robinhood, would it be a good idea to start a Robinhood thread and some basic stock trading tips and and advice that reflect what you can do in Robinhood? Yes
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Jan 17, 2015 03:54
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Captain Apollo posted:With the influx of people investing because of Robinhood, would it be a good idea to start a Robinhood thread and some basic stock trading tips and and advice that reflect what you can do in Robinhood? I dunno if you need a whole new thread, the traffic on this one isn't that intense. Something new people should realize is that the commission isn't the only charge when buying/selling a stock, you get nailed by the spread as well. Especially on the more illiquid stocks some people have been talking up lately. So your EV will still be hurt by churning, even on Robinhood. And short term vs long term cap gains.
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Jan 17, 2015 04:09
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I wrote a fairly basic strategy on Quantopian that seemed to do well under some restrictions that I have. I went along with the strategy for 3 months or so, with 12% gains, and then decided to move on to more long term stuff. I went back and re-ran it for a laugh, without any modifications. Total Returns 68.6% Benchmark Returns 7.4% Alpha 0.87 Beta 0.01 Sharpe 4.57 Volatility 0.19 Max Drawdown 9.6%  You might wonder about slippage, but it's actually quite low frequency - it rebalances every 45 days.
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Jan 17, 2015 04:40
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Captain Apollo posted:With the influx of people investing because of Robinhood, would it be a good idea to start a Robinhood thread and some basic stock trading tips and and advice that reflect what you can do in Robinhood? I'm not sure what special advice would apply to using Robinhood, other than 1) don't allow the $0 fees to make you a hyper active trader, 2) be wary that it's brand new. The people getting burned by market orders - you should never be doing market orders! Stop doing that! With any brokerage! The Robinhood founders *supposedly* want to spread investing to the millennial generation, alas the app only no commission format may encourage compulsive checking of stock prices and hyper active trading, therefore turning off users to the market when they inevitably fail. Yes I understand the irony in stating that in the stock trading thread 
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Jan 17, 2015 15:14
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How do you not do market orders, with Robinhood.
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Jan 17, 2015 18:32
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I don't have Robinhood but according to this review: http://www.mymoneyblog.com/robinhood-app-review.htmlquote:You can make market or limit orders. So, check the docs or whatever to find out how to put in a limit order.
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Jan 17, 2015 18:36
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is this the thread where i ask if betterment is a good idea? because if so, then...is betterment a good idea for a stock market novice? i'm looking to do something more with my emergency fund than keep it in an mma or cd. and like they say in the gambling threads, i'm willing to risk the money.
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Jan 17, 2015 18:59
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Abel Wingnut posted:is this the thread where i ask if betterment is a good idea? because if so, then...is betterment a good idea for a stock market novice? i'm looking to do something more with my emergency fund than keep it in an mma or cd. and like they say in the gambling threads, i'm willing to risk the money. I don't think you understand "emergency fund" very well...
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Jan 17, 2015 19:02
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i should have said i'm willing to take on a bit more risk for higher potential returns. i'm not looking to put all of my emergency fund into a single stock and let it fly.
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Jan 17, 2015 19:09
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 B-but the point of an emergency fund is to have just plain liquid cash sitting there in case of an emergency. You're not supposed to chase returns with an emergency fund.
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Jan 17, 2015 19:11
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Abel Wingnut posted:i should have said i'm willing to take on a bit more risk for higher potential returns. i'm not looking to put all of my emergency fund into a single stock and let it fly. I stand by what I said. Keep your emergency fund in guaranteed instruments and use some other money for your risky investments.
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Jan 17, 2015 19:26
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Abel Wingnut posted:is this the thread where i ask if betterment is a good idea? because if so, then...is betterment a good idea for a stock market novice? i'm looking to do something more with my emergency fund than keep it in an mma or cd. and like they say in the gambling threads, i'm willing to risk the money. Betterment argues that you can just use stocks and bonds in the right mix, which is a somewhat dubious argument. In my opinion a real emergency fund should be liquid assets like a CD, the main point of betterments argument is that low yield/cash is bad since the ~2% inflation rate will eat away the real value of the fund. The way I do things is: -Safe money fund in CDs -Lower risk taxable account with a bond/"safer" investments like TIPS tilt -Higher risk stock account for slush fund type investments/long term growth
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Jan 17, 2015 19:30
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etalian posted:Betterment argues that you can just use stocks and bonds in the right mix, which is a somewhat dubious argument. Oh, yeah, that thing. It's more or less a gimmick, it's predicated on some dubious assumptions about what the markets will do, and it puts all your money at risk when you could be taking advantage of FDIC insurance etc. There's no reason you can't do something very similar while keeping a cash emergency fund.
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Jan 17, 2015 19:34
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etalian posted:
CD's usually have penalties for cashing them early, which seems like a bad thing to have in your emergency fund. Also, if you want to have bonds in your portfolio they should be prioritized into deferred-tax investment accounts (Traditional IRA/401k). This is because bond interest is taxed more than stock dividends and gains (hence non-taxable account), and the expected growth of the bond fund over a long period of time is much lower than a stock fund over a long period of time (so use a traditional IRA instead of a roth IRA).
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Jan 17, 2015 19:38
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The current topic is amazing, but "i'm looking to do something more with my emergency fund" is pretty good too.
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Jan 17, 2015 20:51
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nebby posted:The current topic is amazing, but "i'm looking to do something more with my emergency fund" is pretty good too. Hahaha! I'll try to remember this for when the current one gets old.
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Jan 17, 2015 20:53
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a cop posted:How do you not do market orders, with Robinhood. Tap where it says market on the buy/sell page. Should toggle to limit and let you key in a value.
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Jan 17, 2015 20:56
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slap me silly posted:Oh, yeah, that thing. It's more or less a gimmick, it's predicated on some dubious assumptions about what the markets will do, and it puts all your money at risk when you could be taking advantage of FDIC insurance etc. There's no reason you can't do something very similar while keeping a cash emergency fund. Most of the reason for the strategy was based on the whole "It behaved this way in the past" argument. One of the fundamental truths of investing, is past performance is often not good indicator of future performance
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Jan 17, 2015 20:56
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But my Ponzi scheme keeps paying out, why would it ever stop?
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Jan 17, 2015 22:16
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Droo posted:CD's usually have penalties for cashing them early, which seems like a bad thing to have in your emergency fund. Its usually just 3 months interest which really isn't that bad, and certainly better than letting sit in the bank.
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Jan 17, 2015 22:51
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etalian posted:Betterment argues that you can just use stocks and bonds in the right mix, which is a somewhat dubious argument. I'll be the one to word this more strongly. Betterment argues that you can just use stocks and bonds in the right mix, which is loving retarded on every level.
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Jan 18, 2015 19:19
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The gist of Betterment's argument is cash/CDs are bad since it can't keep up with 2% inflation. Therefore you go with 60/40 stock bond split and make the emergency fund at least 30% bigger than it needs to be(The worst case drop during the 2009 recession).
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Jan 18, 2015 20:27
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I would like a Robinhood referral please.
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Jan 19, 2015 15:15
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What currency should I short with my emergency fund? I really want to buy a gold plated panic room.
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Jan 19, 2015 16:19
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I'm really nervous about what will happen to the Euro tomorrow. I hope that QE is already priced in. edit: Thursday, not tomorrow. sleepy gary fucked around with this message at 18:46 on Jan 19, 2015 |
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Jan 19, 2015 18:42
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Don't forget, big Greek vote just like 2 days after that poo poo too, to boot. Greece will probably leave in a few months and there will be social unrest in all of Europe later, maybe Oct.
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Jan 19, 2015 20:11
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This should be an exciting week. Some good tech earnings reports coming out this week that should prove volatile in addition to the upcoming Euro volatility; tomorrow we have CREE, IBM and NFLX, Wednesday is EBAY and SNDK and Thursday is SWKS. Personally I'm long volatility on NFLX via a 337.5 straddle that I picked up on Friday. e: am also long volatility on COH with a straddle at 36. Picked it up near the close on Friday for 1.42, indicating the markets had about a 4% move priced in. This was interesting to me because Coach is typically a volatile stock come earnings day, not seeing movements of less than 4% often. They recently spent a half a bil on a shoe company which surprised some analysts, which indicates to me that COH could surprise again and see its characteristic volatility on earnings day beyond the ~4% valuation. hot cocoa on the couch fucked around with this message at 23:13 on Jan 19, 2015 |
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Jan 19, 2015 22:16
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Considering buying TVIX for the next few days. Someone tell me how this could fail.
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Jan 20, 2015 04:46
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 CSIQ
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Jan 20, 2015 16:39
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melon cat fucked around with this message at 05:44 on Mar 16, 2019 |
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Jan 20, 2015 16:40
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Potrzebie posted:
Yep...
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Jan 20, 2015 17:04
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loving lol at CSIQ, glad I didn't double down when it hit 21.
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Jan 20, 2015 17:09
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Gorman Thomas posted:loving lol at CSIQ, glad I didn't double down when it hit 21. It's never to late to btfd! 
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Jan 20, 2015 17:12
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SPWR, SUNE, VSLR and obv TAN are also getting slammed, I thought solar had started to decouple from oil...
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Jan 20, 2015 17:13
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I just btfd and doubled down on CSIQ 
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Jan 20, 2015 17:44
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picked up some CSIQ Jul calls.
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Jan 20, 2015 18:07
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I remember the solar stock holocaust of 2012. I made a few K from that dip, and I won't buy again until the sector dips quite a bit lower.
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Jan 20, 2015 18:12
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Potrzebie posted:
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Jan 20, 2015 18:41
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| # ? Jun 4, 2024 05:04 |
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Potrzebie posted:
So great candidate to double my emergency fund?
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Jan 20, 2015 19:11
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