Boiler Room: The Official Stock Market Discussion

mannyrs13

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I hope this stimulus talk goes on for a while now so my IRA can keep going up. Seems like I'm up 5k in the past month. Not much but I'll gladly take it. Almost at 20% total gain on that account. Be at like 50% or higher prolly if I drop CLIS. Should look into that soon or just say fukk it and gamble the $80 value it has on there. Apple hasn't given me much either, like less than 1% but with everything else in double digits, I'm not worried about it.
 

Kyle C. Barker

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Robinhood doesn't have 2 factor?


Knowing how sloppy the Robinhood tech stack is it could be a number of attack vectors.

Could be insecure data on the actual phone, passing unencrypted data back and forth to the servers which would really make them vulnerable to a man in the middle attack.

It's bad enough they can't handle a heavy user load. You're basically begging to lose money just by using that app
 

princeofhaiti

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Knowing how sloppy the Robinhood tech stack is it could be a number of attack vectors.

Could be insecure data on the actual phone, passing unencrypted data back and forth to the servers which would really make them vulnerable to a man in the middle attack.

It's bad enough they can't handle a heavy user load. You're basically begging to lose money just by using that app
ive been slowly removing positions from robinhood, its good for getting started but after you get a hang of investing m1finance and a trusted broker like fidelity is the way to go imo
 

old pig

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ive been slowly removing positions from robinhood, its good for getting started but after you get a hang of investing m1finance and a trusted broker like fidelity is the way to go imo

I’m probably still gonna transfer what I have to TDameritrade

I liked the option of being able to dabble in crypto with RH but I’m over it
 

Kyle C. Barker

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ive been slowly removing positions from robinhood, its good for getting started but after you get a hang of investing m1finance and a trusted broker like fidelity is the way to go imo

I’m probably still gonna transfer what I have to TDameritrade

I liked the option of being able to dabble in crypto with RH but I’m over it


Yeah I started off in robinhood mainly for the ethereum hype (which I was late for). Had a couple of stocks there too but slowly moved all of that over to tdameritrade.

Btw I wonder what's going to happen to tdameritrade now that they got bought out.

I put my mom onto Charles Schwab and thier interface was way worse than tdameritrade's interface. :francis:. May check fidelity out too.


Then again I only messed around with it for a day
 

winb83

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ive been slowly removing positions from robinhood, its good for getting started but after you get a hang of investing m1finance and a trusted broker like fidelity is the way to go imo
SoFi is starting to piss me off. I sold 45 shares of Uber over a week ago and they still haven't properly adjusted my cost basis and also the stuff I transferred out to Fidelity a year ago is listed as an overall loss on my SoFi balance.

I'm thinking about moving all my SoFi positions to Fidelity and just going all in there.
 

T.H.E.GOD

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So I can transfer my shyt over from Robinhood? Or gotta cash out and start over cuz I’m too late in the game to start over.
 

winb83

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So I can transfer my shyt over from Robinhood? Or gotta cash out and start over cuz I’m too late in the game to start over.
Some places hit you with a transfer fee. I doubt Robinhood does but it's possible. When I transferred all my assets from Chase You Invest to Fidelity I got a fee. The stuff I moved from SoFi to Fidelity I didn't.
 
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