Pedes, I am trying to create a stock account (webull) but it takes some time to get approved. I downloaded cashapp and am ready to invest for the cause. Where should I put the money???
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Pedes, I am trying to create a stock account (webull) but it takes some time to get approved. I downloaded cashapp and am ready to invest for the cause. Where should I put the money???
Here is some good advice... realize you could LOSE ALL YOUR CASH OVER NIGHT.. if you buy speculative stocks...
And realize that RobinHood (and other low/no cost brokerages) SELLS TRADE DATA to the HEDGE FUNDS... (but never let YOU SEE THE TRADE DATA)
So the Hedge Funds USE THAT DATA to see which stocks they should be shorting next... (based on who has bad information, and has bad timing.)
At ROBINHOOD - you are not the client -
you are the intended victim!
Understood. It's only cash that is in my "fun money" account and only a fraction of it...just want to help..not make money
This is what I was going to warn you about, that playing stocks is gambling, and don't play with anything you can't afford to lose, but sounds like you've already got that sorted.
That being said, I know WSB had a shortlist of stocks they were targeting but I'm not sure which beyond GME and AMC.
I appreciate it. Wife likes to go to the casino occasionally. We only take what we dont need. I assume stock market is similar.