Investors....come in please!

Status
Not open for further replies.
This is by far the worst sell off I have witnessed eclipsing the 2008 one. At least the 2008 selloff happened at the tail end instead of the front end.
 
From CNBC:

"Robinhood goes down again, causing customers to miss out on another historic trading day"


Same thing happened a few days ago causing some people to be locked out of their account and lose big $$$$. Fidelity and TD was also reported outages and very slow processing of orders.
 
did 3 trades throughout the day on TD ...no issues

sold SPXU a/m
bought TQQQ a/m
bought TQQQ p/m
 
Last edited:
I just opened up a robinhood account. My first step ever in stocks, would be nice to learn more about this stuff.
 
Originally Posted by Pew
I just opened up a robinhood account. My first step ever in stocks, would be nice to learn more about this stuff.

Unfortunately their trading platform has been having problems lately.
 
Originally Posted by dblshock
QID bought 25.69



whoa..may just hold this..glad I didn't add like I was thinking at +400 DJIA
 
Originally Posted by Mr Nice
Originally Posted by Pew
I just opened up a robinhood account. My first step ever in stocks, would be nice to learn more about this stuff.

Unfortunately their trading platform has been having problems lately.


Dang. Any platforms you recommend?
 
E*trade, all day and all night.

Originally Posted by Pew
Originally Posted by Mr Nice
Originally Posted by Pew
I just opened up a robinhood account. My first step ever in stocks, would be nice to learn more about this stuff.

Unfortunately their trading platform has been having problems lately.


Dang. Any platforms you recommend?
 
Originally Posted by Pew
Originally Posted by Mr Nice
Originally Posted by Pew
I just opened up a robinhood account. My first step ever in stocks, would be nice to learn more about this stuff.

Unfortunately their trading platform has been having problems lately.


Dang. Any platforms you recommend?




I've had no problems with Charles Schwab and using their app.
 
Originally Posted by Gasbuggy
E*trade, all day and all night.

Originally Posted by Pew
Originally Posted by Mr Nice
Originally Posted by Pew
I just opened up a robinhood account. My first step ever in stocks, would be nice to learn more about this stuff.

Unfortunately their trading platform has been having problems lately.


Dang. Any platforms you recommend?


I'm on the sidelines and not trading. I have TD and Vanguard, no problems in the past.
 
Originally Posted by Pew
I just opened up a robinhood account. My first step ever in stocks, would be nice to learn more about this stuff.


one more thing about RH, they get money "on the float" on any purchase or sale of a stock; say for example, you execute purchase of a stock at $1.99 they record it as a $2.01 purchase; the same goes for sale of a stock; say you sell at $1.99 they record it at $1.97, so anything in between $$$ goes to the brokerage house (not You) in this case RH... let alone their unstable platform that someone has already mentioned

I use Vanguard for my Roth needs, very happy with their services; also we have two 401Ks but those are with mutual funds companies and there is not much we can do there
 
Last edited:
Originally Posted by dblshock
I'm sidelined too for the moment...can't get a decent feel after last couple days.


Stay on the sidelines. Things will get very bad with more CV news....
 
Originally Posted by Mr Nice
Originally Posted by dblshock
I'm sidelined too for the moment...can't get a decent feel after last couple days.


Stay on the sidelines. Things will get very bad with more CV news....



I second that.
 
From CNBC:

" The Federal Reserve increased the amount it will make available for overnight bank repo operations from at least $150 billion to $175 billion."


Folks, this increasing bank repos is getting very worrisome. Lots of banks have so much toxic it's not going to end well.
 
Originally Posted by Mr Nice
From CNBC:

" The Federal Reserve increased the amount it will make available for overnight bank repo operations from at least $150 billion to $175 billion."

Folks, this increasing bank repos is getting very worrisome. Lots of banks have so much toxic it's not going to end well.


Throw in that some people (could be a lot) possibly losing their jobs because of the economy down turn due to the coronavirus, and it just adds more fuel to the fire.
 
Status
Not open for further replies.
Back
Top Bottom