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Showing results 1 to 12 of 12
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Search: Posts Made By: PalmettoTree
Forum: Financial Forum 12-05-2019, 06:58 PM
Replies: 93
Views: 14,831
Posted By PalmettoTree
There seems to be enough micro-traders out there...

There seems to be enough micro-traders out there to sustain them. $10 on a $50,000 trade does not seem to me as a ripoff. It is to the guy paying $10 on a $50 trade.
Forum: Financial Forum 01-29-2019, 11:42 AM
Replies: 93
Views: 14,831
Posted By PalmettoTree
I agree if you are a trader then commissions are...

I agree if you are a trader then commissions are a critical factor. I do not know about Robinhood but for even that to be effective there must be no hold or delay on reinvesting. It seems there must...
Forum: Financial Forum 12-13-2018, 04:58 AM
Replies: 93
Views: 14,831
Posted By PalmettoTree
Hats off to him but let's make no mistake about...

Hats off to him but let's make no mistake about it. That was all his doing and nothing to do with RobinHood.
Forum: Financial Forum 12-09-2018, 06:55 PM
Replies: 93
Views: 14,831
Posted By PalmettoTree
I never could tell much. Most of the balance was...

I never could tell much. Most of the balance was always in cash. I could not tell if he was just holding a few shares and adding cash to his account. I never saw the point except to hawk RobinHood.
Forum: Financial Forum 09-16-2018, 10:35 PM
Replies: 93
Views: 14,831
Posted By PalmettoTree
Thanks, I knew there was a catch. I think when I...

Thanks, I knew there was a catch. I think when I first looked at them they wanted access to bank accounts which stopped me on the spot.

The link explains a lot.
Forum: Financial Forum 08-28-2018, 09:40 PM
Replies: 93
Views: 14,831
Posted By PalmettoTree
Invest in what you know and understand. Biotech...

Invest in what you know and understand. Biotech is out of my league.
Forum: Financial Forum 08-28-2018, 08:42 PM
Replies: 93
Views: 14,831
Posted By PalmettoTree
Stick with what works but with caution. Sooner or...

Stick with what works but with caution. Sooner or later every the big boys see the "good idea" trading trend and muck it up. Protect your capital.
Forum: Financial Forum 08-28-2018, 04:29 PM
Replies: 93
Views: 14,831
Posted By PalmettoTree
Post again when you hit a week with $3,500...

Post again when you hit a week with $3,500 average earnings per day.
Forum: Financial Forum 08-03-2018, 03:15 PM
Replies: 93
Views: 14,831
Posted By PalmettoTree
OK my info was old and thirdhand.

OK my info was old and thirdhand.
Forum: Financial Forum 08-03-2018, 08:47 AM
Replies: 93
Views: 14,831
Posted By PalmettoTree
It is my understanding Robinhood requires access...

It is my understanding Robinhood requires access to your bank accounts. Money is withdrawn immediately upon you executing a buy but settlement is in 3 days. The reverse is true on sell orders...
Forum: Financial Forum 07-01-2018, 02:42 PM
Replies: 93
Views: 14,831
Posted By PalmettoTree
Hats off, just be careful compare what you are...

Hats off, just be careful compare what you are giving up to save the $9.95. There are other online brokers with lower commission fees without going to RobinHood.

I am no expert of RobinHood. Just...
Forum: Financial Forum 07-01-2018, 11:41 AM
Replies: 93
Views: 14,831
Posted By PalmettoTree
If your commissions are greater than 1% of your...

If your commissions are greater than 1% of your account's worth you are just churning your portfolio. Obviously you are a trader not an investor. So does RobinHood give you the execution turnaround...
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