Fermion
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Would anyone be interested in a new little trading game, for fun and maybe profit, using accounts at RobinHood? I have not tried them but evidently they have commission free trades and free rides (not having to wait 3 days for settlement).
The problem (several) I had with the Boho contests are several:
1) It wasn't real money, so I made trades I would not make IRL, like shorting KITE on margin
2) It wasn't real money so I was not willing to dedicate any real time to it and lost interest fairly quickly (mostly because KITE got bought out though)
3) I did not like some of the rules of the contest...seemed contrived. At least with RobinHood the rules will be realistic because...well, it is real money, profit and loss.
In my rollover IRA from a tiny 401K with a previous employer, I had $1700 stuck at Etrade in 2001. Today I have $93,000 in that account. This is with paying Etrade's rather hefty commissions (used to be $9.95 per stock trade). So I guess I am saying I have some experience with messing around with small accounts.
I would be willing to set up any amount up to about $5,000 at RobinHood, although something in the $100 to $1000 range would probably be best. Anything less than $100 is going to be fairly boring as you will barely be able to buy more than a couple of stock shares.
Anyone up for it? It would not be an official contest but rather we could post screenshots in a thread of our balances and trades and perhaps a consolidated leader board post every once in awhile.
If nobody is interested I might do it anyway just for kicks.
The problem (several) I had with the Boho contests are several:
1) It wasn't real money, so I made trades I would not make IRL, like shorting KITE on margin
2) It wasn't real money so I was not willing to dedicate any real time to it and lost interest fairly quickly (mostly because KITE got bought out though)
3) I did not like some of the rules of the contest...seemed contrived. At least with RobinHood the rules will be realistic because...well, it is real money, profit and loss.
In my rollover IRA from a tiny 401K with a previous employer, I had $1700 stuck at Etrade in 2001. Today I have $93,000 in that account. This is with paying Etrade's rather hefty commissions (used to be $9.95 per stock trade). So I guess I am saying I have some experience with messing around with small accounts.
I would be willing to set up any amount up to about $5,000 at RobinHood, although something in the $100 to $1000 range would probably be best. Anything less than $100 is going to be fairly boring as you will barely be able to buy more than a couple of stock shares.
Anyone up for it? It would not be an official contest but rather we could post screenshots in a thread of our balances and trades and perhaps a consolidated leader board post every once in awhile.
If nobody is interested I might do it anyway just for kicks.