Therefore, as customer there’s nothing to worry about Robinhood’s legitimacy. It is definitely not a scam. Despite its controversial methods of making money, Robinhood is known for opening the stock markets to a millennial that can’t invest in thousands or millions. It has made investing a...
"Robinhood is still a standout for easy signup and quick and streamlined mobile trade execution, the latter of which arguably has upsides and downsides. Buying and selling stocks is simple and intuitive and has few 'are you sure?' interruptions, which is great for...
You really want to assess how profitable these companies can be, because before you decide how much to pay for a stock, you need to understand how much money that company makes. If the company makes a lot of money consistently, you will likely have to pay more to acquire the stock. Ho...
Traders who want toget started with optionsneed to understand the following key topics: The definition of an option and the two types of options: calls vs. puts How options are priced (in the money vs. out of the money) How option prices change (measured by the options Greeks) ...
On the selling side, a limit order tells your broker to part with the shares once the bid rises to the level you set. Limit orders are a good tool for investors buying and selling smaller company stocks, which tend to experience wider spreads, depending on investor activity. They're also...
Many day traders end up losing money because they fail to make trades that meet their own criteria. As the saying goes, “Plan the trade and trade the plan.” Success is impossible without discipline. To profit, day traders rely heavily on marketvolatility. A day trader may find a stock ...
Below $37, the put seller begins to lose money beyond the $300 premium received.The appeal of selling puts is that you receive cash upfront and may not ever have to buy the stock at the strike price. If the stock rises above the strike by expiration, you’ll make money. But you won...
You cansell just about anythingover the internet. If you're selling locally, make sure to accept secure online payments or cash, always meet in public, and never share personal information. Finally, always disclose any damages on your listing and set a fair, realistic price. ...
That relationship puts them in prime position to access some shares in the IPO. “It’s stacked in favor of large asset managers, but it’s a money game and everyone is in it to make a buck and that is where [the stock] goes — it goes to the best customers of those brokers,” ...
It wasn’t long before I opened an account with Robinhood, where I bought more Bitcoin but also added Ethereum and Dogecoin. Thus far, my timing on crypto purchases has been excellent. My total crypto holdings are well above what I paid for them, and they’ve become one of the best ...