I think we absolutely could continue to see the market go higher in 2021. There's a lot of optimism about getting back to normal and the market didn't blink much with negative news here at the end of 2020.
Keep this thread active and let's make some money! [Reply]
NIO is $45 and has a price target of $59 by some analysts. This however was confusing. CNN (yeah I know) is reporting that analyst have a high estimate of almost $400?!?!
Originally Posted by :
The 15 analysts offering 12-month price forecasts for NIO Inc have a median target of 327.39, with a high estimate of 394.93 and a low estimate of 104.51. The median estimate represents a +613.27% increase from the last price of 45.90
I’m very high on them and think $125 is the target by this time next year, but holy shit.
So I'm going to throw a little money in an account to trade some stocks as a hobby. Need something new to look at when I'm doing fieldwork. Thought about gambling on sports, but I don't think that's prudent for my dumbass.
What platform is the best for mobile? Most of the trades I'll probably do while I'm on the tractor or tendering product. Maybe a little on PC during the winter.
Originally Posted by Buehler445:
So I'm going to throw a little money in an account to trade some stocks as a hobby. Need something new to look at when I'm doing fieldwork. Thought about gambling on sports, but I don't think that's prudent for my dumbass.
What platform is the best for mobile? Most of the trades I'll probably do while I'm on the tractor or tendering product. Maybe a little on PC during the winter.
What are you guys using?
What kind of stocks or trades are you wanting to make? [Reply]
Originally Posted by Buehler445:
Oh, whatever suits my fancy. Probably just in and out of trades, and maybe a few options if I get frisky and can watch them.
Mobile wise, I'd say Webull is good for both. Most brokerages are zero commissions. Their customer service might be limited to chats and emails though.
Lots of people using Robinhood for mobile, but IMO it's a little too basic. it doesn't have the charting and features Webull has.
I trade a lot of options, and Etrade is good for that. Not the regular etrade mobile, which sucks, but the so called "power etrade" app (which doesn't cost extra) is great for options (they bought it from a firm called optionshouse who knew what they were doing). God forbid you need customer service though, be prepared to wait over an hour.
Interactive Brokers is the best app out there for entering and exiting trades quickly I think, but it's a little advanced unless you are manically trading penny stocks or shorting.
TD Ameritrade, and specifically their ThinkorSwim app (also bought from outside) is fantastic for mobile trading. The best mobile charts out there. I have a small account there, but I rarely trade in it, and usually just use them for their charts.
I use Fidelity for my IRA, but the mobile app sucks. But if you are just trading some major S&P type stocks it might be ok. Their customer service is very good though.
Schwab mobile app is not very good in my opinon. I think they have an alternate version but I've never tried it.
I used to use Ally Financial for options, it's pretty good for that too. Decent mobile app and decent customer service. (used to be Tradeking-specialized in options).
Originally Posted by Buehler445:
Good stuff banyon.
What charting features are you using that these apps are deficient on? Technical indicators or something else?
I’m not that advanced, but I like to be able to draw support/resistance lines on my charts easily or channels. I also like to be able to go from a 6 mo to 10 day to 1m timeframe depending on the trade timing. EMA lines important too.
Just an example of the basics of TOS VS Robinhood (TOS on right)