If anyone would like some resources on investing and saving, I'd highly recommend
http://www.investopedia.com/
You'll probably want to know things like
limit orders, etc. in addition to
PDT
Robinhood is a great way to learn the basics of stock trading without paying ridiculous fees per trade. This allows you to buy a single stock multiple times in a day if you wanted to without spending $20+. They make money by skimming the interest off your money between deposits and withdrawals, so you have to wait 3 business days each way. You can get Robinhood instant which bypasses this wait time, but please read up on their website before you do.
There are technically fees, but they are required by any broker. Wire transfers work differently too
https://support.robinhood.com/hc/en-us/articles/208650436-Fees-on-Robinhood-
ALSO,
the app's charts are not 100% accurate all the time. There is a lag built in to the system so please use another charting app or service. That being said, if you place a limit buy for X.XX and it hits the price (but hasnt changed on robinhood) the order will still go through.
I should also add that most of the money I have in Robinhood is basically gambling money, stuff that wouldn't kill me if I lost it. I'd recommend staying away from penny stocks and 95% of the stuff mentioned on reddit.
My portfolio is basically tech etfs, ...one share of amazon, $T, and 30% moderate to severely volatile gamble stocks
update: my portfolio is now 1/4 amazon, 1/4 ETFs, 1/4 memestocks, 1/8 utilities, and 1/8 misc referral stocks
Here are a list of referral links. whoever's link you use gets a free share of a random stock from a pool
The rate fluctuates between about 2-10% for a stock over $50, 18+% for something between 10-50 (i think), and 80 for something around $10 (it says on the site but the jackpot stocks fluctuate in the app).
REFERRAL LINKS
@sinon -
link
@YAHU -
link
@Jenningka -
link
@Li0ness -
link
@catnapped -
link
@Vanyanka -
link
@Twirdman -
link
@Roscoe E Goldchain -
link
@ItsAmyTee -
link
@psminty -
link
@Sathington Willoughby -
link
@electrolyte -
link
@broomperson -
link
@casualwarfare -
link
@Turtlefemm -
link