The Brehs of Wall Street (Offical Stock Market Thread)

[SwizzLake]

yeah thats the best way ...till you grow your account.
small gains..and minimize loss.

What do you use? Remember your tax obligation as a Canadian, If you're buying US stocks paying dividends, you're paying 15% tax to uncle Sam on dividends.
If you're buying your stocks through your TFSA..the US doesn't recognize our tax free accounts, uncle Sam is still owed his 15%. So your focus should be to buy stocks listed in the Toronto Stock Exchange first, if you can.

The only way you can avoid paying the 15% to uncle Sam is to purchase through your RRSP account (which Wealthsimple does not apply to, but if you have Questrade, you can do it)

 

[Icantspell]

The money has always been in the account breh....

is it settled?

 

[ORDER_66]

is it settled?

It says free money to use available for trading... it seems like there's some limit I must reach to trigger the buy order I guess...

 

[Icantspell]

It says free money to use available for trading... it seems like there's some limit I must reach to trigger the buy order I guess...

if it’s anything like fidelity, it won’t let you buy penny stocks if the cash isn’t settled even though it’s shows “cash available to invest”

 

[ORDER_66]

if it’s anything like fidelity, it won’t let you buy penny stocks if the cash isn’t settled even though it’s shows “cash available to invest”

shyt makes no sense to me dammit!!

 

[Dzali OG]

Do any of you use a off shore account to get around the 25k requirement?

 

[JayGatsby]

im telling you guys from now

if you dont jump on OCGN asap then be ready to cry lol

Readout of President Joseph R. Biden, Jr. Call with Prime Minister Narendra Modi of India | The White House

GET ON IT BREHS!

 

[ORDER_66]

im telling you guys from now

if you dont jump on OCGN asap then be ready to cry lol

Readout of President Joseph R. Biden, Jr. Call with Prime Minister Narendra Modi of India | The White House

GET ON IT BREHS!

dude its already at 15 how high do you think its gonna go??

 

[Black Panther]

shyt makes no sense to me dammit!!

Stock transactions take a bit longer than normal bank transactions. Just be patient.

And quit buying/selling one stock on the same day. Get your emotions out of it or you'll keep losing money.

Time in the market >>>> timing the market.

 

[JayGatsby]

dude its already at 15 how high do you think its gonna go??

Go look at Novavax stock a year ago...

 

[ORDER_66]

Go look at Novavax stock a year ago...

sheesh so you saying this is gonna be a copy of that???

 

[JayGatsby]

sheesh so you saying this is gonna be a copy of that???

it wil definitely touch 100+ in the next 6 months , what we do know is

• Definitive Agreement provides details of the previously announced intent to co-develop COVAXIN™ for the US market
  
• Ocugen and Bharat Biotech to share US commercialization profits
• Ocugen to receive initial supply of COVAXIN™ doses from Bharat Biotech upon authorization from US regulatory authorities while it ramps up manufacturing in the US
• COVAXIN™ received EUA (Emergency Use Authorization) in India in January and is currently in a fully enrolled Phase 3 clinical trial involving 25,800 patients
• COVAXIN™ (whole-virion inactivated COVID-19 vaccine candidate) effectively neutralizes UK variant of SARS-Cov-2 reducing the possibility of mutant virus escape

OCGN is waiting on FDA approval

Ocugen and Bharat Biotech Announce Execution of Definitive Agreement for the Commercialization of COVAXIN™ in the US Market

get in while its low

that biden/indian prime minster press news is huge

 

[DuncanWebayama]

You really limit yourself cash trading, since you can't short sell a stock, or day trade the way you see on youtube and tv. Do your research. Just because you have 25k in the bank, doesn't mean you are a day trader, or have the ability to day trade. Get read up on margin trading and short selling.

read this article:

What Are Day Trading Rules for a Cash Account?

 

[cobra]

https://research.ark-invest.com/hubfs/1_Download_Files_ARK-Invest/White_Papers/ARK–Invest_BigIdeas_2021.pdf?hsCtaTracking=4e1a031b-7ed7-4fb2-929c-072267eda5fc|ee55057a-bc7b-441e-8b96-452ec1efe34c


Report on all the companies/industries ARK is investing this year

 

[SwizzLake]

The rumors has it that Apple may be investing 5 billion into Bitcoins. $BTC.X

Telsa might have started the biggest wave in the stock market history. All these S&P 500 companies could follow...Bitcoins future looks good if this is true.