I'm scared. I'm new to stock. I made +3% so far and

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Anonymous
2016-04-08 06:43:20 Post No. 1181905
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Anonymous 2016-04-08 06:43:20 Post No. 1181905 [Report]

I'm scared. I'm new to stock. I made +3% so far and now I'm down 2.5% all from today. The entire market was completely down the toilet today though, but I don't know if Tesla stock even has a reason to bounce back tomorrow given the hype train is pretty much over.

Also, I walked in to talk to a financial advisor at my bank and walked out with a Merrill Edge account. It's nice, no annual fees, and I opened up an Roth IRA there, but I'm not liking the 6.95/trade. Is there a broker that /biz/ could recommend for someone who wants to trade a few times a day? I read that Robinhood was free, but something about limits and needing 3 days to use the money after you sell to buy again. What about Interactive Brokers? They have a minimum fee, but it'll be less than what I'm spending now on fees.

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Anonymous 2016-04-08 07:08:16 Post No.1181926
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Anonymous 2016-04-08 07:08:16 Post No.1181926 [Report]

how much money do you have in your account?

if youre scared at 3% good luck you likely do not have the constitution for trading. Get over that shit quick.

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Anonymous 2016-04-08 07:10:11 Post No.1181927
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Anonymous 2016-04-08 07:10:11 Post No.1181927 [Report]

Lol 3%
Move to btc

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Anonymous 2016-04-08 07:10:46 Post No.1181928
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Anonymous 2016-04-08 07:10:46 Post No.1181928 [Report]

Sell at 270-280 which will be next week.

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Anonymous 2016-04-08 07:11:37 Post No.1181929
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Anonymous 2016-04-08 07:11:37 Post No.1181929 [Report]

>>1181926

I maxed out my Roth IRA, so 5500.

And I know I don't have it in me to trade big right now, but baby steps.

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Anonymous 2016-04-09 03:33:06 Post No.1183238
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Anonymous 2016-04-09 03:33:06 Post No.1183238 [Report]

>>1181905
I do vanguard brokerage etfs and robinhood

No commissions across the board, which is good since I just started investing

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Anonymous 2016-04-09 03:37:26 Post No.1183246
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Anonymous 2016-04-09 03:37:26 Post No.1183246 [Report]

>>1183238

Thanks for the bump, good sir. I was able to let it die.

Tesla dropped 7 dollars today, so super lucky I pulled out in the morning.