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Alternative to Robinhood

Lighthope

Lighthope

Administrator
Joined
Jan 8, 2013
So what is the best alternative to the stock trading Robinhood?
 
Lighthope said:
So what is the best alternative to the stock trading Robinhood?
Click to expand...
I am not sure what Robinhood offers that other platforms do not. I trade with TD Ameritrade. Unfortunately, I liked Scottrade much better before they got bought out by Ameritrade. Now Ameritrade got bought out by Schwab. Ugh. Who knows whats next
 
I enjoy no commissions, $5 per movement I want to make and $5 to get out..plus blank_ in tax is badddd, it slowly hurts you unless you're a very long term trader, aka holding over 2 years.

I typically pull a 250-350% roi, but I also swap in and out of positions on the 6month basis. NIO/ISR/XELA/ZOM to the sky byy.

The only thin you get from swapping is a new commission fee and a quicker responding API that'll only be good for day trading, people leaving Robinhood don't hurt it due to the majority of "Home investors" still using robin hood.

They work off selling your market data, and Robinhood gold; others work off commission fees and some even working off of fees when you profit.

Sell my data, don't take my money... If this is coming from the GameStop situation I understand but it's protecting you from getting leveraged, I know a person who was connected to the gamestop buyback. Typically people will literally fuck you in the market, they will buy and they will get you to buy in behind them to pad themselves, aka leveraging...then they sell when they want and it causes a major crash and people to lose their money, look at doge, look at what's going to happen in the coming days.... this really shows how much social media can be used to rally people to use for financial gain... It also shows how many people lack financial literacy and how supply and demand works...when the elite are done with gamestop...they sell and it crashes and the "normal" person who wasn't an insider to the gamestop stock pump...lost money...home and such.. look at people who invested into doge last night... it went from 7c to 3-4c...that is a lot of money lost dependent on shares...I agree that wall street shouldn't be able to do it...but they don't... it's companies buying their own stock before they release big news...wall street is just like us...but they pay people to research 24/7 so they can get the scoop.

I'm a loyalist...soo I guess I'll continue to support robinhood through the tough.

Likely shitty grammar, I'm just quick typing.
 
One of the most important elements of the stock market is to be satisfied with modest gains. There will always be a reversion to the mean. Those who think they are flying high, likely will be broke tomorrow. I have been a stockbroker, and I have seen it. In the long term, stocks with earnings will prevail. Fake stocks will at some point crash as they did in 2000. People will lose a lot of money soon
 
Yeah, you are fully right and I agree; I'm more of a "theoretical" trader, typically looking at financials and the history of groundbreaking news...and typically when investing in smaller companies it's a risk unless they have a history of making money and making "Safe and profitable research" or offer great service or research algos.
 
True story: I had a client in the year 2000 who had over $1 million in her company stock. I suggested she sell some of it to diversify. She declined because she had faith in her company. One month later her stock was worth $10,000. I have seen it. It will happen again.
 
Yeah... I diversify, I don't really dump all in one...because it's wayyy to risky, unless you have inside info...which I don't believe she did with your statement.
 
I only just started getting into stocks. It had nothing to do with the Gamestop thing. I started investing last November. But I only put very little money in because I don't have much to invest.

So I am really new at this and know virtually nothing. Any pointers would be a blessing. :)
 
Lighthope said:
I only just started getting into stocks. It had nothing to do with the Gamestop thing. I started investing last November. But I only put very little money in because I don't have much to invest.

So I am really new at this and know virtually nothing. Any pointers would be a blessing. :)
Click to expand...
Everyone will tell you something different, I'll tell you the major things that I've learned (So I don't get leverage fucked: aka...letting people and media tell me how to invest).

You want to use a screening site that provides you with all you need aka: macrotrends.net

Next, you get a screener for stocks that are in a field you like...or are in a field you think is going to blow up and go places..

Next, you look up stocks you can afford via the "Price" tab...then you input the tickers into that Marco Site...

Next you look at the financials... are they going up...are they going down?

If they are growing down and they are a normal company (aka not research...typically in the medical field) then they are a shithole... but they can still turn a profit, look at the "total assets and total liabilities..." typically medical research holds more liabilities vs assets...the newer ones at least.

but back to the basics... you look at the profits if it's going down or growing you look at the total assets and liabilities, if the assets ar over liabilities, it makes it even better... then you look at total debt over time... are they gaining more money due to gaining debt... no? Then they are making money off the product/solution they make and they don't go into debt doing it.

Are they going into more debt to make money... well then you have to understand "What are they going to do to change this" you can go to the companies investing site or you can simply go to the companies news page...aka on google and such and see if they are researching or trying to do "something" groundbreaking...(this is where you declair if this is high or low risk).

If they are doing something no one else is doing...it can be high risk, dependent on that debt they take...compared to the publicity they get..

Meanwhile lets get back to the basics, Investors love 2 things...growth and EPS...but I don't care about eps myself I care about long term growth and what the company does, eps is earnings per share... you want to check the eps..."Eps surprise" is how much they beat peoples judgements against it...and if they beat it or beat it majorly...you are going to see an increase, due to most investors being dumb fucking idiots who just look at eps and nothing else...but eps helps...

You want to invest for the long term...don't look at a company on your ticker the next day and be like "Oh this ___ stock went up by 200% in 1 day...they must be good" then sell your position, because as quick as they went up...you can go up, it's not chance it's all dependent on what the company does and how much newstime they get and how much "amazing" groundbreaking shit they do... and how much of a better product/service they offer.

You want to invest in companies you can get knowledge on... like ZOM/ISR are picks for me...but they are long term... ZOM is animal care... vs ISR who do prostate shit for men at 1/3 of the halflife of any prostate cancer-solving company currently, and they get a lot of time on google news and they get a lot of presentations.

Basics again...

Next, you want to look at what is the rep of the company, do they lie/buy back stock to make the company look better...I mean you can see buyback in stock to raise eps via outstanding shares, if a big dip happens...and you see eps go up high...they are inflating the eps and it means nothing more then me printing less us dollars...aka there is less so it's worth more.."In theory" but it's not, the brass own the shares bought up..... anyway back to the basics.

My higherarchy tree

Financials/DebtToEquity and Liabilities to assets.... aka revenue and profit/ EPS/ MOvement volume..... because in 1 day that movement volume can change and that's when you see +200 +400%, financials are the make or break for me...not the trailing 24...not the trailing 30...not any charts...it's all about the Financials and debt and liabilities and profits.

Every time I follow any type of trend, I get fucked... when I set my own pace...I heavily do good, like what I did with NIO...just like what I did with ISR... DOn't listen to the media when they say buy something..they leverage, don't listen to discord groups...these people want to fuck you and your money for themselves.
 
Let me add one final thing to this....

I much rather be an EPS watching dumbass than a retard who gets leverage fucked and loses way more money.
 
ZedBoy said:
Everyone will tell you something different, I'll tell you the major things that I've learned (So I don't get leverage fucked: aka...letting people and media tell me how to invest).

You want to use a screening site that provides you with all you need aka: macrotrends.net

Next, you get a screener for stocks that are in a field you like...or are in a field you think is going to blow up and go places..

Next, you look up stocks you can afford via the "Price" tab...then you input the tickers into that Marco Site...

Next you look at the financials... are they going up...are they going down?

If they are growing down and they are a normal company (aka not research...typically in the medical field) then they are a shithole... but they can still turn a profit, look at the "total assets and total liabilities..." typically medical research holds more liabilities vs assets...the newer ones at least.

but back to the basics... you look at the profits if it's going down or growing you look at the total assets and liabilities, if the assets ar over liabilities, it makes it even better... then you look at total debt over time... are they gaining more money due to gaining debt... no? Then they are making money off the product/solution they make and they don't go into debt doing it.

Are they going into more debt to make money... well then you have to understand "What are they going to do to change this" you can go to the companies investing site or you can simply go to the companies news page...aka on google and such and see if they are researching or trying to do "something" groundbreaking...(this is where you declair if this is high or low risk).

If they are doing something no one else is doing...it can be high risk, dependent on that debt they take...compared to the publicity they get..

Meanwhile lets get back to the basics, Investors love 2 things...growth and EPS...but I don't care about eps myself I care about long term growth and what the company does, eps is earnings per share... you want to check the eps..."Eps surprise" is how much they beat peoples judgements against it...and if they beat it or beat it majorly...you are going to see an increase, due to most investors being dumb fucking idiots who just look at eps and nothing else...but eps helps...

You want to invest for the long term...don't look at a company on your ticker the next day and be like "Oh this ___ stock went up by 200% in 1 day...they must be good" then sell your position, because as quick as they went up...you can go up, it's not chance it's all dependent on what the company does and how much newstime they get and how much "amazing" groundbreaking shit they do... and how much of a better product/service they offer.

You want to invest in companies you can get knowledge on... like ZOM/ISR are picks for me...but they are long term... ZOM is animal care... vs ISR who do prostate shit for men at 1/3 of the halflife of any prostate cancer-solving company currently, and they get a lot of time on google news and they get a lot of presentations.

Basics again...

Next, you want to look at what is the rep of the company, do they lie/buy back stock to make the company look better...I mean you can see buyback in stock to raise eps via outstanding shares, if a big dip happens...and you see eps go up high...they are inflating the eps and it means nothing more then me printing less us dollars...aka there is less so it's worth more.."In theory" but it's not, the brass own the shares bought up..... anyway back to the basics.

My higherarchy tree

Financials/DebtToEquity and Liabilities to assets.... aka revenue and profit/ EPS/ MOvement volume..... because in 1 day that movement volume can change and that's when you see +200 +400%, financials are the make or break for me...not the trailing 24...not the trailing 30...not any charts...it's all about the Financials and debt and liabilities and profits.

Every time I follow any type of trend, I get fucked... when I set my own pace...I heavily do good, like what I did with NIO...just like what I did with ISR... DOn't listen to the media when they say buy something..they leverage, don't listen to discord groups...these people want to fuck you and your money for themselves.
Click to expand...
Another good screener is Finviz.com
 
Yeah, I use Finviz to find tickers in my fields, then I go to macro for the download stuff.

Finviz and that other green site's eps/total value/debt to equity is way too slow and it aggravates me over time, I like it appearing quick, they need to improve the api.
 
I've been looking at new technologies and changing legislation. Back before the election I made my first "major" purchase of stock in a cannabis company, figuring once marijuana is legalized, that would be a good investment to have. My stock has doubled in price since I bought in.

I think cannabis and renewable energies are a couple of the most promising areas to invest right now for long-term investing.
 
and fully honest, I think investing directly into tech leaders for Solar would yeld a good return, buuuut I mostly invest in the small guy...due to the random pops that happen for me...that's typically how I pull a 200-400% Avg 225% ROI a year

aka 5-40 Dolar per share stocks.
 
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