Originally Posted by Buehler445:
Good stuff banyon.
What charting features are you using that these apps are deficient on? Technical indicators or something else?
I’m not that advanced, but I like to be able to draw support/resistance lines on my charts easily or channels. I also like to be able to go from a 6 mo to 10 day to 1m timeframe depending on the trade timing. EMA lines important too.
Just an example of the basics of TOS VS Robinhood (TOS on right)
Originally Posted by Buehler445:
Might be a dumb question but if you like Think or Swim why don’t you just trade with TDA
Not a dumb question. I would recommend it as a very good platform.
I just prefer the options trading features on Poweretrade and I use fidelity b/c I have a credit card that puts 2% of everything I spend into an IRA there.
Originally Posted by banyon:
Not a dumb question. I would recommend it as a very good platform.
I just prefer the options trading features on Poweretrade and I use fidelity b/c I have a credit card that puts 2% of everything I spend into an IRA there.
But I have nothing bad to say about TDA.
Woah. That's probably a better deal than my Amazon card. Maybe not better deal, but a more fiscally responsible one anyway :-)
I'd say don't sign up at TDA. You're going to end up as a Schwab account and who knows how bumpy the transition process ends up being.
Originally Posted by :
The decision permanently closes 79% of all TDA branches, and reduces branch-count at the two firms by approximately 34%. Of 260 TDA branches, 205 have been scrapped, with staff moving to the closest Schwab branch
Originally Posted by ChiliConCarnage:
I'd say don't sign up at TDA. You're going to end up as a Schwab account and who knows how bumpy the transition process ends up being.
Not many of you guys do this so I will: I like NIO but I just don’t know if I want to buy it. I listened to the Stock Moe and he is adamant that this thing is going to get to 100 this time next year.
China is moving heavily towards clean energy and want 20% of their new cars to be EV. Tesla is still in the beginning phase of their China rollout but I don’t think they want them to rule that market seeing that NIO is getting gov money.
They also do the battery program which is really cool. That’s something Tesla doesn’t do.
Am I crazy to think this stock could be at 200 in a year and a half to 2 years? [Reply]
Originally Posted by RunKC:
Not many of you guys do this so I will: I like NIO but I just don’t know if I want to buy it. I listened to the Stock Moe and he is adamant that this thing is going to get to 100 this time next year.
China is moving heavily towards clean energy and want 20% of their new cars to be EV. Tesla is still in the beginning phase of their China rollout but I don’t think they want them to rule that market seeing that NIO is getting gov money.
They also do the battery program which is really cool. That’s something Tesla doesn’t do.
Am I crazy to think this stock could be at 200 in a year and a half to 2 years?
Price targeting stocks like that is a crapshoot. You’re convincing yourself it’s going to do something great. Watch the chart and see if it starts moving on volume and you’re finding institutional buying. Look at fundamentals and actual growth.
If you do make a play early, you’d be smart to limit downside risk with a stop loss as this sector is heavy speculation at this point. [Reply]
Originally Posted by ChiliConCarnage:
I'd say don't sign up at TDA. You're going to end up as a Schwab account and who knows how bumpy the transition process ends up being.
Originally Posted by RunKC:
Not many of you guys do this so I will: I like NIO but I just don’t know if I want to buy it. I listened to the Stock Moe and he is adamant that this thing is going to get to 100 this time next year.
China is moving heavily towards clean energy and want 20% of their new cars to be EV. Tesla is still in the beginning phase of their China rollout but I don’t think they want them to rule that market seeing that NIO is getting gov money.
They also do the battery program which is really cool. That’s something Tesla doesn’t do.
Am I crazy to think this stock could be at 200 in a year and a half to 2 years?
I'm sure there are people making a lot of money on Chinese stocks, but I stay away from any market where the government can nationalize a company with no warning, no process, and no appeals process. [Reply]
