>Buy a stock
>Sell it for less than I bought it for
I do this everyday
>>1310363
Can you pls make the background sfw blue
>>1310387
What?
>>1310363
is doing this a form of altruism if you intend on doing it?
how else do you think I launder my money mang?
>>1310427
>a form of altruism
How?
>>1310363
how much less?
>>1310458
8.2%
>buy stock
>sell on an intraday upswing for 0.4%
dem sweet sweet gains
>>1310462
>8.2%
I just did that for around 15% Monday, because I wanted to add 100 to the block I already owned, but added another block by mistake.
Because of FIFO, when I went to get rid of it, the brokerage sold my original position, realizing the loss.
>>1310387
>>1310478
Tax deduction nigga
>>1310457
you're letting other people buy the stock rather than holding onto it for your own gains. I usually set my sell price to be a bit lower than I could because I want to let others get in on the gains too
>>1310485
>Tax deduction
Or it gets off its ass sometime this year and I end up with a gain.
>>1310468
This literally is only viable on Robinhood. Robinhood Express must seem like absolute heaven to a guy like you
>>1310498
Well, if the stock has fallen in price (so you'd be selling at a loss if you did), wouldn't you be doing everyone a favor if you held the stock as it lost more money, rather than protecting yourself from more damage by selling?
>>1310502
if robinhood allowed options, id finally use that thing
>>1310363
>the absolute madman
>>1310363
Brilliant!
>>1310363
>tfw can't bring myself to sell
>tfw sitting on 10k paper loss
Literally every stock I've done :)
>>1310502
Mad that you have to pay commissions cuck?
>>1311971
Lol
Yeah, I bet he wishes he had a real broker, like you
Either i do
>>1310485
3k max loss deduction a year.
fuck the system
>>1310363
>Friends ask me for investment advice
>Tell him not to invest in bitcoins but index funds
/mischief/
>>1314140
Get trader status.
No maximum.
>>1314185
>wanting to buy overpriced assets
>>1314140
preach it
>>1311497
im at a $19,000 loss with 2grand left
2nd account down $3,400 with 356 dollars left
