How do margin accounts work? What's the big downfall?
I just signed up for fidelity to get in on the next boom tried Robinhood when this first jumped off they was on bullshyt is it too late to get in on AMC?
How do margin accounts work? What's the big downfall?
Between RH and Coinbase
No get in Monday 8 Am ASAP be sure to keep an eye on the charts, aim to gout as much as possible under $50 if not before $80
Yes you hear about a lot of people getting margin called.Or worse thinking that they about to cake and having their shares sold without initiating the transaction.Youre borrowing house money to play. Don’t do it.
margin callsHow do margin accounts work? What's the big downfall?
there'll be a lot of bag holders who are too greedy to exit so naturally everyone won't eat.at a theoretical $7K per share, someone with only 100 shares would be only $300K shy of millionaire (pre-tax), someone with 500 shares would have $3.5M. shyt, 7 shares would bag you $49K
some brehs in this thread have like a thousand shares, no? In all honesty, from the bottom of my heart, I'd be so happy to see everybody eating like this
there'll be a lot of bag holders who are too greedy to exit so naturally everyone won't eat.
A stock can collapse in. An instant. And a few halts will naturally start sell offs which could induce paperhands who think the rug is finally being pulled
7k would be nice but I’m skeptical that shyt would even crack 2kYes. I believe the guy who made the youtube video attempted to account for these variables as best as he could and that's how he came up with the suggestion that $7K would be a good time to exit stage.
Me stating I'd like to see everybody eating is me talking from a romantic perspective in an ideal world, but we all know the world is not ideal. $7K per share would change my life even with the little shares I have.
Most accurate post in this threadI got a feeling this going change a lot of ppl lives
there'll be a lot of bag holders who are too greedy to exit so naturally everyone won't eat.
A stock can collapse in. An instant. And a few halts will naturally start sell offs which could induce paperhands who think the rug is finally being pulled
You won't be able to time it, so either hold all the way through to see what you get or come up with your happy number now and have an exit plan.
Don't Vanguard and Blackrock hold a lot of this? They won't hesitate to dump shares for quick gains either.