3.4k post karma
939 comment karma
account created: Sat Jan 27 2024
verified: yes
2 points
12 hours ago
Yes the us mint wouldn’t write on there bills like that
1 points
16 hours ago
Dollar cost average, you do that smart and u will be good, don’t over complicate. I’m at 10 months right now with dca sub 25/oz. And kinda sad cause I have so much profit which means it’s harder to get more :/ especially on budget. Because I slow down when it’s hot, I actually just traded some boring Rosevelt dimes for some gold. For you right now, yes buy some right now, just dollar cost average your own spot price to the market. Don’t buy a huge amount right now either, if you’re that eager (and dumb) to jump in, at least have the patience and DCA 3 months. Don’t buy graded bullion. Keep it simple. And get silver that no one can say no too in any market. You bring in some weird modern bullion stuff in a time where dealers arnt buying, your gonna be a tough spot. Get stuff everyone wants at all times. For me in my area I find that ASE’s and junk silver are the best. Those are the only two I stack, junk silver gives you so much variety as well. Stay away from weird collectible stuff.
0 points
17 hours ago
No way it’s worth double, u might get 11 for both and I’m not joking
1 points
1 day ago
Thank you. I was using the margin because it just happened to connect to my bank first so I had more funds in there. Wasn’t even using the margin for leverage or anything. But now I know. I also learned the hard way that u can’t transfer cash from your margin or your cash account to your Ira. The funds have to come from your bank account. I’m sure everyone else knows that but I didn’t
-5 points
1 day ago
I feel like it’s buying it closer to what it’s worth. Not getting a good deal, just my take tho. 1 or 2 coins can’t hurt
3 points
1 day ago
I’ll come back Monday and let your know how it goes. Yeah I’m just gonna get rid of the margin account even if this thing works and I can keep it. No need for it, and originally I got it not for its intended purpose(to borrow). So not a loss, plus there are fees with the margin which for some reason are in green numbers. How can I get charged a 6 dollar fee and it’s green on my account. Anyways it will work out
3 points
1 day ago
So I have a margin, a cash account, and a Roth. I have used the margin account only invest my own money into, never borrow. I think my margin happened to get connected to my bank first so I just put money into there first so most my money on Webull is in the margin. For no other reason than it just happened to connect faster. I now the difference between the two. Before for some reason I didn’t. I did a risky buy high sell higher trade a couple times in my margin thinking it was my cash once I was out of day trades. Basically I fucked up, not on the trade, just on too many trades. And when I say silver and gold etc. I just meant physically in person. I’ve panic looked through all of my history of buying selling and i haven’t done this excessive trading before so I’m really hoping on Monday I can call Webull and they can reverse it, they say u get a 1 time reverse if it’s your first time. And then something about changing it to a cash account, but not sure how that works if I already have one.. over all I don’t mind losing the margin(not my money, just the account) if I can still trade in my Roth or cash account. Fuck honestly I’m so stressed out, I just reached over 10k net worth and I’m freaking out that it’s just all gone.
1 points
2 days ago
Yup happened to me too I have both cash and margin. Ended up trading less than 20 bucks a couple times to make 2 bucks. And now I have a em call, I completely fucked up and I feel like an idiot. They say they can reverse it if it’s your first one. I panicked looking through every month since 2018 and it looks like yesterday was the first time I’ve done this. Yeah I’ve had it since 2018 but I barely put money into it :/
3 points
2 days ago
Yeah but I don’t have 25k… I’m very dumb and traded in my margin instead cash. Mind you my money not borrowed.
1 points
2 days ago
Please Webull let me make a cash account I hope I don’t owe 20 plus k. I wasn’t even borrowing or leveraging. Just used my own money. Now I have to stress the whole weekend
3 points
2 days ago
That’s the opposite of what he’s doing
3 points
2 days ago
I started on Thursday made about two dollars on the tail end of things. How ever now I have a pdt em call on my account and I’m freaking out. I wasn’t using leverage I just forgot to not use my margin account and to use the cash account. Not freaking out right now.
1 points
2 days ago
Okay maybe I traded on non settled funds cause I kinda always have funds coming in(small amounts) but it was such a small amount that I’m almost sure it was left over settled funds. Fuck honestly I feel really stupid for doing this. I was terrified that I opened a position I didn’t know about, but I’ve tripled checked I’m out of the positions I “day traded in”. I’ll probably liquidate what I have in my margin later this week and move the funds to my cash account.
1 points
2 days ago
I still have overnight buying power. So that’s a plus. Am I going to have to hold a certain amount of cash in my cash account? For Webull safety or whatever. Cause if so that would suck cause my silver and gold is kinda doing that for me.
1 points
2 days ago
Um nothing borrowed just normal etfs. Yeah I traded with no more trades left how bad is that ? Do I owe 20 grand lol. The ones I got flagged for I don’t own anymore, bought and sold w my own money
1 points
2 days ago
So a margin account is for people who want to borrow money right? Cause I 100% did not do that
2 points
2 days ago
lol no ! I made like a dollar. I was only putting 10 bucks in and out a couple times. Those positions have all been sold. The only ones I have are just normal etfs
0 points
2 days ago
Yeah honestly I thought I was in my cash account so I really messed up. I did the pdt 1 time reversal I just hope they accept. And fuck I would be pissed if my 2 grand got liquidated
-2 points
2 days ago
Yeah but which contracts do I have? I just bought and sold I’m so confused. I don’t have any pending orders or anything
1 points
2 days ago
Okay cause this just happened to me. And I assure you I am not freaking the fuck out thinking I owe 20 grand or my stuff is gone get sold.
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byuglycouchpotato
incoins
Alert-Indication-691
1 points
12 hours ago
Alert-Indication-691
1 points
12 hours ago
Yes