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Investing with Robinhood

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You've probably heard of Robinhood if you've been thinking about investing. Robinhood is one of the most popular zero-commission stock brokers available and is available on Apple and Android devices as well as on desktop.  More some investors, Robinhood is a great broker, but for more experienced traders, it may not be. Here are some pro's and cons to give you an idea if Robinhood is for you:  Pros:  $0 Commissions: No Fees $0 Account Minimum: Most brokers have minimums of a few hundred or thousand dollars. Mobile App : Much better-looking than most brokers' mobile app Stocks, Options, and even Cryptocurrencies available Beginner Friendly : Very easy to use and the zero-fee system allows you to trade small. Cons:  Customer Support : Email only. They don't have a phone call option Charts are Very Basic : Not a huge problem since you can use other charting platforms and use Robinhood for your orders. *Not Friendly for Highly-Active Traders...
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Stock Trading Psychology

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When you break down the stock market to its fundamental level, it really is just buyers and sellers pushing the stock up and down, respectively. There are moment when the buyers overwhelm the seller and the price spikes higher. And there are moments when sellers overwhelm the buyers and the price drops significantly. Wouldn't it be great if you knew when and where these events are going to happen? This is where Trading Psychology comes in! Technical Analysis   Technical analysis works because people believe it works. Its a bit of a paradox but it absolutely makes sense! If you think about it, when a stock reaches a support level and people think it will bounce up from that level, naturally, buyers will come in and drive the price up. You can see this happening in the green circle in the photo on the right. Once it breaks that support level and trades lower, traders now see that support level as resistance and sell at the level, pushing the price down, as you can see happ...
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Should You Buy Bitcoin?

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You've probably heard that bitcoin just spiked 25% this week from a friend, uncle, or that guy on Facebook who is anti-government, anti-police, and anti-everything and you don't really know him in person but for some reason have him as a friend. Should you buy bitcoin? If you are looking for an answer to this question without doing your own due diligence, then probably not. I've been seeing a lot of hype over the next move bitcoin is about to make. "It's going to $100K!" or "This is a precursor to its next HUGE crash!" . The reality is that nobody really knows what's about to happen. You can see that bitcoin has had some pops on its continuing downtrend so this pop could very well just be the same. Although it has been consolidating above $3,000 for about 4 months. The most important things to look at right now it the strong resistance level at $6,000 that it is approaching and of course the $3,000 level its been hol...
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