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good call. probably gonna switch to TD-A for ToS, unless there's a better platform? Also, I'm guessing there's no way to actually move positions between brokers?
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# ? Mar 16, 2020 18:50 |
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# ? May 21, 2024 07:11 |
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ketchup vs catsup posted:good call. probably gonna switch to TD-A for ToS, unless there's a better platform? Tos is good It's a pain in the rear end, take this opportunity to liquidate lol
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# ? Mar 16, 2020 18:51 |
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ketchup vs catsup posted:good call. probably gonna switch to TD-A for ToS, unless there's a better platform? You should do a portfolio transfer so you don't pay for realizing gains when you are going to buy the positions again (and so you don't get a wash sale on anything you have to take a loss on). If you contact the place you are transferring to before hand they will generally offer to cover the transfer fee unless it's a really small amount, then they will tell you that your taxes will be less than the fee and to liquidate and open a new account with them.
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# ? Mar 16, 2020 18:53 |
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Meyers-Briggs Testicle posted:Tos is good Just set up a Charles Schwab account, I think they've gone fee-less with stock buy/sells but anything more advanced has a fee.
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# ? Mar 16, 2020 18:55 |
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e: guess this was already in the news
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# ? Mar 16, 2020 19:00 |
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I like TDA okay, I didn't choose to be their customer, they bought me as a customer and didn't manage to gently caress up so badly that I've left. I just recommend against leaving money in RH because they are demonstrably incompetent and the ONLY thing they offer you over other brokers is commission free option trades where you'll get loving jobbed on the spreads. For that you get to embrace: - Some idiot blowing up your broker and taking out your ability to trade because the broker doesn't implement Regulation-T properly. - Crashes after Feb 29th every 4 years. - Consistent existential threats to your broker's continued operation. If you aren't paying, you're the product. RobinHood's maybe okay for the broke college students who have no money and are yoloing stupid positions. Everyone else should be paying to get something worth paying for.
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# ? Mar 16, 2020 19:02 |
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Buying a little bit of AMC and GPS
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# ? Mar 16, 2020 19:04 |
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Is Trump actually talking today at 3:30pm or is it just WH officials?
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# ? Mar 16, 2020 19:18 |
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It's Pence and the CoronaForce. https://www.c-span.org/video/?470396-1/coronavirus-task-force-holds-briefing-white-house
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# ? Mar 16, 2020 19:19 |
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So either no new decisions or Trump doesn't want to be the face of the markets dropping further.
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# ? Mar 16, 2020 19:22 |
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Ur Getting Fatter posted:So either no new decisions or Trump doesn't want to be the face of the markets dropping further. He has a meeting that starts at the same time in the Oval office
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# ? Mar 16, 2020 19:23 |
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Dwight Eisenhower posted:I like TDA okay, I didn't choose to be their customer, they bought me as a customer and didn't manage to gently caress up so badly that I've left. I don't know too many broke college students who have the capital to yolo stupid positions very much, or meet margin requirements for that matter. TD's pretty nice, though. They've got a bunch of easy access to info, even on their basic web interface. I suspect (hope) that Schwab will leave the platform alone, but who knows.
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# ? Mar 16, 2020 19:26 |
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Moatman posted:I don't know too many broke college students who have the capital to meet margin requirements. TD's pretty nice, though. They've got a ton of info, even on their basic web interface. I suspect (hope) that Schwab will leave the platform alone, but who knows. RH gives you a margin with almost nothing, that's why reddit uses it, that's why people keep getting into options that shouldn't be.
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# ? Mar 16, 2020 19:27 |
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$CZR has a lot of resistance at $6. Just broke through. Look out below
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# ? Mar 16, 2020 19:29 |
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pixaal posted:RH gives you a margin with almost nothing, that's why reddit uses it, that's why people keep getting into options that shouldn't be. The rest of us can't make money unless there's someone out there to lose it.
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# ? Mar 16, 2020 19:29 |
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Holy crap. Literally no buyers. Down to 5.69
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# ? Mar 16, 2020 19:30 |
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Lote posted:$CZR has a lot of resistance at $6. Just broke through. Look out below I'm not playing this one, I thought about jumping in when WSB was talking about it 2 weeks ago and started playing another game that I want to see through and didn't have the liquid when you brought it up again. Get paid, I'm very green on my stuff too (I bought UBER and LYFT puts instead)
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# ? Mar 16, 2020 19:31 |
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I'm going to cash in the 3X inverse ETF bet, wait till near close and buy a bull one since the orange idiot likely is going to say some really, really stupid poo poo that does another one day bump. Flip it back over again after that.
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# ? Mar 16, 2020 19:36 |
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BA simply amazing how slow the market was to come around on it. Its still not even at 5yr lows with all the problems it has
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# ? Mar 16, 2020 19:37 |
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About 3-4 weeks ago I bought SPY puts way OTM when the price was like 310 or something, expecting the market to take a substantial dip at some point. Sure enough it did and I sold them on Monday last week, thinking everyone still had the BTFD page open in their playbook. Got a 3x price back on it but it could have been 10x (or more, given how this week is looking) All my long positions are eating poo poo like the rest of us, but I'm not looking to retire this decade so whatever, but I need to get better instincts with my options gambling side bets.
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# ? Mar 16, 2020 19:40 |
Trump is gonna try to announce this is now an "Extreme National Emergency" three very big words, cause it worked so well last time.
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# ? Mar 16, 2020 19:42 |
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I'm not even looking at my buy and hold investments, just assuming they'll weather this in the next 30 years
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# ? Mar 16, 2020 19:43 |
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In Vanguard We Trust.
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# ? Mar 16, 2020 19:44 |
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Trump will now parade all of the Fortune 500 CEOs. The conference ends at 4am as the CEO of Levi Strauss takes the stage to tell us about the amazing deals Coronavirus survivors will get on lightly pre-owned jeans.
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# ? Mar 16, 2020 19:45 |
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ketchup vs catsup posted:I'm not even looking at my buy and hold investments, just assuming they'll weather this in the next 30 years If they don't then just switch to ammo. It's pretty much a win win unless you are old. And they had it coming anyhow.
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# ? Mar 16, 2020 19:50 |
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They should start a CEO MMA competition to see who gets the inevitable bailout money. I'd pay to watch that.
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# ? Mar 16, 2020 19:50 |
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WSJ reporting the airlines are seeking $50b in aid, nice call a few pages back, though not surprising. gently caress those guys though. Especially American. $15b in share buybacks while letting their service go to complete poo poo while nickle and diming their consumers? Isn't Doug Parker the asshat who said his airline may never lose money again? Now they want taxpayers to bail them out? gently caress them. We can function just as well with two carriers in this country as three.
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# ? Mar 16, 2020 19:54 |
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Ixian posted:WSJ reporting the airlines are seeking $50b in aid, nice call a few pages back, though not surprising. Pretty insane. I can see the case for loans, maybe with some warrants attached. But a free money bailout makes no sense.
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# ? Mar 16, 2020 19:56 |
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Lote posted:Holy crap. Literally no buyers. Down to 5.69 This is why I sold my puts the other day.
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# ? Mar 16, 2020 20:00 |
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Bhaal posted:About 3-4 weeks ago I bought SPY puts way OTM when the price was like 310 or something, expecting the market to take a substantial dip at some point. Sure enough it did and I sold them on Monday last week, thinking everyone still had the BTFD page open in their playbook. Got a 3x price back on it but it could have been 10x (or more, given how this week is looking) I bought 5 25 strike vxx calls back in february when vxx was at like 13. I sold them when they were up 900%. If I held til today they would be up 8000%. Those 5 options would have mitigated almost all my losses in my long positions so far.
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# ? Mar 16, 2020 20:08 |
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https://www.businessinsider.com/coronavirus-trump-told-governors-get-medical-equipment-on-their-own-2020-3 lo loving l
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# ? Mar 16, 2020 20:10 |
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Baddog posted:https://www.businessinsider.com/coronavirus-trump-told-governors-get-medical-equipment-on-their-own-2020-3 Holy gently caress. That's it. We are the worst country.
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# ? Mar 16, 2020 20:15 |
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all those leveraged UBS notes look like they are going to be redeemed. MORL BDCL etc
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# ? Mar 16, 2020 20:16 |
Burned a day trade on the case up, beat last week's gain in $ but not %. Will wait for Crump to buy back in.
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# ? Mar 16, 2020 20:17 |
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twitter and marketwatch have now reported that schumer is proposing $750b in a second relief bill and the markets have not moved ...wow?
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# ? Mar 16, 2020 20:21 |
pmchem posted:twitter and marketwatch have now reported that schumer is proposing $750b in a second relief bill and the markets have not moved It's fluxing what's normally a week of change hourly. Static af indeed.
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# ? Mar 16, 2020 20:25 |
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Baddog posted:https://www.businessinsider.com/coronavirus-trump-told-governors-get-medical-equipment-on-their-own-2020-3 Don't want to D&D too much but it's just so unavoidable, but anyone who thinks this doesn't burn him in the election is high as gently caress and I want their drugs
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# ? Mar 16, 2020 20:26 |
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pmchem posted:twitter and marketwatch have now reported that schumer is proposing $750b in a second relief bill and the markets have not moved Schumer has zero power, there's no reason to take anything he says seriously. Wait for Trump/McConnell/Pelosi to comment.
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# ? Mar 16, 2020 20:26 |
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poor SOLY, it doesnt even have any volume theres just literally no one buying anything. No one really selling it either is I guess the good news. Anyways, adding some
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# ? Mar 16, 2020 20:31 |
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# ? May 21, 2024 07:11 |
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Estimates for this to "wash through" by July / August. Yeah, we're not close to the bottom yet.
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# ? Mar 16, 2020 20:32 |