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gamerfreak
gamerfreak
Joined: Dec 28, 2014
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August 5th, 2020 at 1:46:08 PM permalink
I have no idea what I am doing, but I have around $500 in a Robinhood that I mess around with for fun.

My general strategy is to buy stocks with upcoming quartet earning calls that I think will exceed expeditions, and then dump them shortly after the earnings are released. I think this is basically gambling, but I have been doing pretty well.

Late last week I purchased:
LOGM
TTWO
BAC
OTTR
LOGI
CDW
CWH
ETSY
FIT
FVRR
GDDY
SQ
FLIR
FNKO

Most of those did pretty well. With $500 spread between them (Robinhood now does fractional shares), I am up around $25 this week.

I plan on dumping most of those shortly and doing another round of picks for next weeks earning calls.
MDawg
MDawg
Joined: Sep 27, 2018
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August 5th, 2020 at 2:19:55 PM permalink
Welcome!

and good luck.

BAC I've owned very long term. FIT I've traded here and there.

SQ is doing pretty well, since its lows, no?

Why do you stick with RobinHood now that all brokerages are commissionless? You still have to pay SEC fees ($22.10 per million dollars) on each sale no matter where but at the levels you are playing at the SEC fees are pretty much nothing. RobinHood is too slow for me.
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.
MDawg
MDawg
Joined: Sep 27, 2018
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August 5th, 2020 at 2:26:58 PM permalink
Where is EvenBob?

Lunch today, post-market.

Filet mignon, medium rare of course

(an aristocrat)



truffle fries and mushrooms.

Arugula salad with eggs.



I handled the steak and fries; she made the mushrooms and salad.

A little heavy (skipped the salad dressing though) but can't eat salmon every meal.
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.
darkoz
darkoz 
Joined: Dec 22, 2009
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August 5th, 2020 at 2:51:00 PM permalink
Quote: MDawg



Do you plan your next casino ploy minutely from home, or just hit the road and hope for the best?



Minutely from home.

My daughter says I am neurotic compulsive or obsessive compulsive when it comes to casino plays.

I have notebooks filled with play info.

I've been known to zone out over dinner. My family knows I am contemplating a play.

I have always been like that. When I worked in Hollywood as a technician I did that with my regular work which led to a number of innovations.

When I went to film school entire screenplays would play out in my head over and over and over until I managed to commit them to paper.

I even obsess over the order my comics and Blu-ray collection is organized with me making revisions on a regular basis.

I honestly don't think I ever could drive a car. I would start obsessing over something mentally and not even see what was in front of me on the road.

Of course when I am in a casino play (or organizing my blurays) I am laser focused on it. It's like the physical manifestation of my obsession.

That's probably why if it doesn't interest me (like poker for example) I just am not gonna learn. Has to compel me or it isn't happening
For Whom the bus tolls; The bus tolls for thee
gamerfreak
gamerfreak
Joined: Dec 28, 2014
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August 5th, 2020 at 3:13:41 PM permalink
Quote: MDawg

Welcome!

and good luck.

BAC I've owned very long term. FIT I've traded here and there.

SQ is doing pretty well, since its lows, no?

Why do you stick with RobinHood now that all brokerages are commissionless? You still have to pay SEC fees ($22.10 per million dollars) on each sale no matter where but at the levels you are playing at the SEC fees are pretty much nothing. RobinHood is too slow for me.


What do you suggest?

I tried reading into technical indicators, pattern trading, etc, so I could make decisions more objectively rather than my objective analysis, but the tools on Robinhood seemed inadequate.

Any broker platform I switched to would have to offer fractional shares.
MDawg
MDawg
Joined: Sep 27, 2018
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August 5th, 2020 at 6:56:57 PM permalink
Fractional shares - I didn't realize that this is what you are doing. No, the traditional brokerages I use would not allow direct purchase of fractional shares.

I don't use Fidelity or Schwab but they may allow it?
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.
MDawg
MDawg
Joined: Sep 27, 2018
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August 11th, 2020 at 8:12:34 AM permalink
Was looking a little rough! this morning but buying AMZN on dips was rewarding as always. (TSLA too.)
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.
DRich
DRich
Joined: Jul 6, 2012
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August 11th, 2020 at 9:28:00 AM permalink
I would guess by next year all of the major firms will offer fractional trades. I only use ETrade.
Living longer does not always infer +EV
MDawg
MDawg
Joined: Sep 27, 2018
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August 11th, 2020 at 3:02:12 PM permalink
TSLA 5:1 split
!

I actually got stuck in some extra shares I bought at 1383 just before the bell trying to make just a couple points. I figured I'd hold the extras until it went up. Well now, it has! And then some.
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.
MDawg
MDawg
Joined: Sep 27, 2018
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August 12th, 2020 at 5:50:29 AM permalink
For those about to rock...be careful with TSLA today. If you're already in, like I am, no problem. Ride it out and enjoy the windfall. Up a hundred from yesterday!

But it will be very volatile today, up and down.
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.

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