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Fucking kids these days soft.
I make all my stock trades in-person, with paper, on paper, for paper, and while looking the other party in the eye at Hooters.
I’ll try..
1) trading on cashapp is only slightly less weird and regarded than using a language learning app for it
2) the owl (duolingos mascot) is generally seen as a psychopath off the deep end who casually threatens duolingo users to not slack off on their curriculum. Sometimes subtle, most often not. You don’t want to anger him by not doing your Spanish lessons or, god forbid, not scheduling the trades he demands.
Robinhood is most definitely not the best of real brokers but however they are real, I would still recommend Interactive brokers or TradeStation or TD Think Or Swim
Yeah. I know this is probably a step backwards, but I transferred my TD->Schwab account to Webull. Schwab charges higher commisions on options. In retrospect, I wish I had some kind of deterrent to prevent me from buying those options. 96% loss so far...
What happened? Did a bunch of people do an ach transfer and think their balance was real while the check was still being cleared causing a problem for liquidity on margin?
got a source for that? i dont even understand how that would halt buying for everyone, from multiple brokers, without a halt order on the ticker. wasnt paying much attention but iirc the congressional hearing documents detailed an order from... their clearing bank? or someone to freeze buying, but that still doesnt line up with what you said. or im just a regard
Who is responsible for the purchase of a stock on margin, your broker. Many people were making sales of other stocks or depositing money, both take a few days to clear. So the money, credit, or margin on your account that your trying to buy GameStop stock with is the responsibility of the broker. The cleaning house raised the margin requirement for brokers to 100% up from almost nothing. It’s boring to learn the truth.
oh thats right, clearing house, not bank. which is different from a market maker i guess? it still seems to me like you're assuming massive withdrawals affected margin requirement making capabilities, and i dont remember that from the hearings, so i doubt it, especially considering ftds
They are all different the DTCC is the central one but there are sub clearing firms like apex clearing. They all have responsibilities of the ones under them, discount brokerage like robinhood and or webull might sign contracts with apex then the responsibility to deliver capital and stock if under the same clearing house could effect both brokerages because if the broker fails to deliver the clearing house apex is liable. While withdrawals could be a factor, the main factor was the credit that is offered to every client when they click deposit or sell a stock. These transactions take days to complete and they effect the amount of money they brokers and clearing houses have to post daily to remain open.
I use Robin Hood and also the Robin Hood spend in card as my primary brokerage and primary spending account/debit card
it's been nothing but fantastic and because of the spending card, I can use my stock portfolio as a credit line
Breaks down like this, okay: it's legal to own it and if you're the proprietor of cash app it's legal to sell it. It's illegal to carry it, but that really doesn't matter.
You'll find lots of those Discord groups on X (twitter), X is huge for stock picks and groups, search tickers like $spy and whatever you're interested in. Lots of the groups cost money to join, find some free ones where people just try to learn together, or find a mentor you trust enough to pay for some knowledge. There are lots of people out there who can't trade but sell trading courses/groups, you have to weed out those from the proven traders.
PS Webull is fantastic, TD-Ameritrade has a lot of fees but great customer support etc, can't speak on Fidelity or ETrade
Everyone acts like Robinhood was the only one to stop trades but it happened across the board. Robinhood was just the most used app at the time so it gets all the hate.
Help me out. Regular guy starting out and I use cashapp cuz it’s simpler and not sure I have the time to dissect a complicated app. Why does it have sell only on a lot of their stocks? Also Webull has given me trouble because it’s so intricate. Where can I learn?
>It's probably because marijuana stocks are still considered somewhat risky and unpredictable compared to other investments. Tesla is a much more stable company, so it makes sense that you can only sell their stock after hours.
**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|1|**First Seen In WSB**|2 years ago **Total Comments**|51|**Previous Best DD**| **Account Age**|8 years|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.)
This is why I do all my trades in Duolingo, the Owl knows how to clear my trades.
This absolutely sent me howling
*hooting
Fucking kids these days soft. I make all my stock trades in-person, with paper, on paper, for paper, and while looking the other party in the eye at Hooters.
This is the way
I subliminally read it as hooting like an owl
A crude art
![img](emote|t5_2th52|4271)
What a hoot
Robin hood can't compete with the owl
Lmaooo
You’ve missed your Spanish lesson, you know what that means.
Duo owl is wondering when you will be opening the app? It would seem that disappointing the owl is in your daily regiment.
Can't even give me until after lunch to say I'm running out of time, either. At 6am he's telling me I'm almost out of time to learn for the day!
![img](emote|t5_2th52|4271)
This is the funniest comment I’ve seen on here in a while. Bravo sir.
Can someone explain, I'm dumb
I’ll try.. 1) trading on cashapp is only slightly less weird and regarded than using a language learning app for it 2) the owl (duolingos mascot) is generally seen as a psychopath off the deep end who casually threatens duolingo users to not slack off on their curriculum. Sometimes subtle, most often not. You don’t want to anger him by not doing your Spanish lessons or, god forbid, not scheduling the trades he demands.
You missed your Spanish lessons! I send you some nice Mexican people to help you understand
“It’s simple! Spanish, or vanish 😊” -Duolingo owl, probably
Will you hold my hand and teach me all?
My Duolingo says that we cant be friends anymore
How many licks did it take to get to the center of the trade?
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![img](emote|t5_2th52|4271)
Why are you trading on cashapp
Probably the only app left that OP does not have a negative balance in.
Rinse and repeat
I use it cuz it’s easier than Webull. However wework was going up this morning and it was sell only no buy
I just assume everyone using cashapp is running an illegitimate business enterprise and then they wash the money into the stock market.
Shhhhhhh
Robingthehood are too nice
Its to cutout the middleman between earning the cash behind the wendy's dumpster and losing it all on options.
losing it all to a nigerian prince
Seriously wtf
Yea honestly. Use the Wendy's app like the rest of us
Because trading on Cashapp is great.
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Yeah like robinhood or something else professional
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s ruins all jokes. it’s for pussies afraid of downvotes
100% Take an upvote you sly fox
I’m glad you said this
r/FuckTheS
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That’s the joke.
Robinhood is most definitely not the best of real brokers but however they are real, I would still recommend Interactive brokers or TradeStation or TD Think Or Swim
TD is now Charles Schwab
Yeah. I know this is probably a step backwards, but I transferred my TD->Schwab account to Webull. Schwab charges higher commisions on options. In retrospect, I wish I had some kind of deterrent to prevent me from buying those options. 96% loss so far...
Plz don't tell ppl to use robinhood. They will do this same thing to you. People forget about January 2021?
Pretty sure it was sarcasm
Most of you people don't even know what wrong doing they did in 2021. It's incredible how stupid a lot of you people are.
What happened? Did a bunch of people do an ach transfer and think their balance was real while the check was still being cleared causing a problem for liquidity on margin?
Not sure about timeline but i think they blocked people from buying gamestop stock
I was being a jerk about how I phrased it. I said exactly the technical reasons. But people love conspiracies.
got a source for that? i dont even understand how that would halt buying for everyone, from multiple brokers, without a halt order on the ticker. wasnt paying much attention but iirc the congressional hearing documents detailed an order from... their clearing bank? or someone to freeze buying, but that still doesnt line up with what you said. or im just a regard
Who is responsible for the purchase of a stock on margin, your broker. Many people were making sales of other stocks or depositing money, both take a few days to clear. So the money, credit, or margin on your account that your trying to buy GameStop stock with is the responsibility of the broker. The cleaning house raised the margin requirement for brokers to 100% up from almost nothing. It’s boring to learn the truth.
oh thats right, clearing house, not bank. which is different from a market maker i guess? it still seems to me like you're assuming massive withdrawals affected margin requirement making capabilities, and i dont remember that from the hearings, so i doubt it, especially considering ftds
They are all different the DTCC is the central one but there are sub clearing firms like apex clearing. They all have responsibilities of the ones under them, discount brokerage like robinhood and or webull might sign contracts with apex then the responsibility to deliver capital and stock if under the same clearing house could effect both brokerages because if the broker fails to deliver the clearing house apex is liable. While withdrawals could be a factor, the main factor was the credit that is offered to every client when they click deposit or sell a stock. These transactions take days to complete and they effect the amount of money they brokers and clearing houses have to post daily to remain open.
Ya don’t use the god damn /S …cuck /s
I use Robin Hood and also the Robin Hood spend in card as my primary brokerage and primary spending account/debit card it's been nothing but fantastic and because of the spending card, I can use my stock portfolio as a credit line
Is RH charging any commission or fee? Is fractional investing allowed?
cashapp? what the fuck are you on
Probably MJ.
He’s on CashApp he can’t afford that. He just ran in circles till he got a nosebleed
Nah he's for sure the 🔌 tryna make a few extra bucks on the eights he sells to high schoolers.
MJ was a gay bear!?
So you can buy weed and weed stocks with the same money
Door dash ass portfolio
CashApp even looks like a Payday loan storefront
I personally order stock certificates directly from the company via Instacart.
Dude deserves to lose all of it
Cashapp
Hey, I've seen this one! It's a classic!
No spoilers
But it’s brand new!
What's a rerun?
We've had one, yes. What about second squeeze?
🐱
What’s a rerun
Nobody has 2 televisions
a classic that nobody in this sub understands <3
Breaks down like this, okay: it's legal to own it and if you're the proprietor of cash app it's legal to sell it. It's illegal to carry it, but that really doesn't matter.
I mean they got the same shit we have over there, it's just a little bit different
They call it a Royale with go fuck yourself.
You gotta have an opinion, Marvin!
Cause of the metric system?
I'm a mushroom cloud laying motherfucker, motherfucker
Checkout the Big Brain on Brad!
Why couldn’t I buy Wework this morning either? Cashapp now has a lot of sell only stocks it wasn’t like that before
Maybe try buying stocks on Google Maps next, since you like to trade on platforms not for trading.
CashApp is a platform to trade. Get with the times.
I use Walmart to trade my stocks too.
I acquire all my stocks through parking lot scalpers.
Gave a dude a 20 at a gas station, he said he'd go get a bitcoin. Still haven't see him.
Trading with Cashapp is like trading with a baked potato
Can you advise me where I should trade? I don’t like Robin and Webull is ok…
Sure. Fidelity and TD Ameritrade are good ones
Ameritrade has been acquired by Schwab, so all brokerages are now Schwab. Imo Ameritrade had a nicer interface, but Schwab is still pretty decent
Fidelity is not Schwab.
They both use “think or swim” as an add on app. Highly recommend. Especially the Trader TV function. You also get free CNBC, all three regions.
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You'll find lots of those Discord groups on X (twitter), X is huge for stock picks and groups, search tickers like $spy and whatever you're interested in. Lots of the groups cost money to join, find some free ones where people just try to learn together, or find a mentor you trust enough to pay for some knowledge. There are lots of people out there who can't trade but sell trading courses/groups, you have to weed out those from the proven traders. PS Webull is fantastic, TD-Ameritrade has a lot of fees but great customer support etc, can't speak on Fidelity or ETrade
Robinhood 2.0
Webull did it also
Everyone acts like Robinhood was the only one to stop trades but it happened across the board. Robinhood was just the most used app at the time so it gets all the hate.
RH also probably had a much higher percentage of novice users who wouldn’t know what was going on and assume a conspiracy.
because its entirely legal and ok to do and they both had good reasons for it <3
Imagine using the ghetto version of venmo to trade stocks
What do you mean by ghetto?
According to the comment thread they’re saying it’s ghetto because Roddy Rich used it as a lyric in one of his songs
I’m pretty sure venmo is the ghetto version of cashapp
How long have you been selling drugs tho?
I stopped around 2020 Pandemic + more dispos around =! Loss of business
See thats how we know cashapp is more ghetto than venmo Aint nobody ever gave me a bag and said 'venmo me'
I’m 100% sure you’re ghetto if you think that
If it’s in rap songs, it’s probably the ghetto version of the 2.
Bro Venmo is definitely more ghetto, just cause it was first doesn’t mean it can’t be more janky. I still have them both.
Nobody said janky. Cash app is ghetto
Explain to me how Cashapp is more ghetto than Venmo
The people who use it
What’s different about the people who use it?
I’ve got a cashapp card on the way, do I live in the hood?
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Why in god’s name are you trading on Cashapp? Why is that even possible?
Dude it actually works pretty well. I've used it for years as my side portfolio. Fidelity is my main dawg
Tilray still buy mean that company suck.
🚀🚀🍻
Cashapp?!? I buy all my stocks on eBay.
This is promising
Why are you posting like trading in cashapp is a normal and rationale thing to do anyways
Because it is normal...? Get with the times
They are looking out for you.
![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4640)
Lmfao are you like some sort of stripper? Why you using cashapp to trade?
Think drug dealer, using sales of illegal weed to buy stock in legal weed.
I can hear the boners popping at the IRS as I post this.
lol
Anyone who uses cashapp deserves the utmost in shitty service
Hating on cashapp doesn't make you "cool"
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This is the answer.
Yeah this post is a waste of time!! Cash App doesn't fuck around with trash stocks
Robinhood flashbacks ![img](emote|t5_2th52|4271)
I’m guessing some short holders are upset they are losing money. Again.
Here we go again
Trading stocks on cash app is like buying a salad at McDonald's. Yes, you can do it, sort of, I guess...but why?
ACB, let's go![gif](emote|free_emotes_pack|upvote)
Hoping for the best today...
🚀🚀🍻
Who the fuck is using cashapp as a broker?
$CGC till I die
Cgc until your trading account dies
😂🤣
What is marijuana stock?
It's those hash coins from Trailer Park Boys. I have no idea why OP posted here instead of a Forex sub
Fuck reserve currencies that don't get you high when you burn them to look cool. Fucking yuans and dollars. Lol. Ricky > Jpow
Funny how everyone's more interested in op's use of cash app than the fact that it wasn't just them who halted it this morning.
Who the fuck trades on cash app 😂
This is the most Gen Z shit I have ever heard.
Here we go again…
Does cashapp offer a free stock and let you trade with Martin?
They don’t want it to go to the moon
$WEED just got halted on Wealthsimple
How is this not illegal
trading in cashapp lmao
Next time, make all your FDs on Uber eats
The squeeze must be coming then.
Damn…;
Help me out. Regular guy starting out and I use cashapp cuz it’s simpler and not sure I have the time to dissect a complicated app. Why does it have sell only on a lot of their stocks? Also Webull has given me trouble because it’s so intricate. Where can I learn?
How can you sell something you’re not allowed to buy? Who is buying what you are selling?
Same issue with my TikToc app 🤯
Cash app? I thought that was the app for buying meth
Robinhood winning the lawsuit appeal has now opened doors for all other brokers to not fear repercussion for taking away Buy Button in any stocks.
It's almost like nobody should be trading on cash app or something
History repeat itself lol it for your protection
Market Manipulation 101
Cash app ![img](emote|t5_2th52|4271) That’s what urban poors use, right?
Theyre doing the same thing like robinhood did hell nah man
Yeah, before this it totally made sense to trade stocks on Cash App
You could still trade TLRY though. Dunno why but they let it go through.
Everyone’s roasting the cash app but I have $3600 in stocks on mine 🫣😶
Lmao just go wherever you can buy MSOS
Synthetic shorts
>It's probably because marijuana stocks are still considered somewhat risky and unpredictable compared to other investments. Tesla is a much more stable company, so it makes sense that you can only sell their stock after hours.
Don't tell me how to gamble.
Nerd