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Best site/app for same day trading?

Posted on 10/31/23 at 1:13 pm
Posted by Hogwall Jackson
Member since Feb 2013
5272 posts
Posted on 10/31/23 at 1:13 pm
Hey gang,

I am very new to stocks and trading. I have a couple of companies who have earnings releases tomorrow and wanted to get in on some potential good news.

However, I am trying to deposit money but the couple of sites I’ve seen make you wait 1-3 days before you can start trading while the money processes.

Is there a quicker way? I’ll miss the window I am looking for. I guess I should’ve started this process last week…
Posted by BabyTac
Austin, TX
Member since Jun 2008
15860 posts
Posted on 10/31/23 at 2:14 pm to
Robinhood will take your money instantly if I recall. Not 100% tho.

Most places will after your first deposit, but the first deposit typically has to be processed.
This post was edited on 10/31/23 at 2:20 pm
Posted by FnTigers
Member since Sep 2021
2534 posts
Posted on 10/31/23 at 4:34 pm to
You may learn a harsh lesson with your "buy the news" strategy.
Posted by MrSpock
Member since Sep 2015
5072 posts
Posted on 10/31/23 at 4:52 pm to
quote:

I am very new to stocks and trading.


quote:

Is there a quicker way?



quote:

Don't even ask the question. The answer is yes, it's priced in. Think Amazon will beat the next earnings? That's already been priced in. You work at the drive thru for Mickey D's and found out that the burgers are made of human meat? Priced in. You think insiders don't already know that? The market is an all powerful, all encompassing being that knows the very inner workings of your subconscious before you were even born. Your very existence was priced in decades ago when the market was valuing Standard Oil's expected future earnings based on population growth that would lead to your birth, what age you would get a car, how many times you would drive your car every week, how many times you take the bus/train, etc. Anything you can think of has already been priced in, even the things you aren't thinking of. You have no original thoughts. Your consciousness is just an illusion, a product of the omniscent market. Free will is a myth. The market sees all, knows all and will be there from the beginning of time until the end of the universe (the market has already priced in the heat death of the universe). So please, before you make a post on wsb asking whether AAPL has priced in earpods 11 sales or whatever, know that it has already been priced in and don't ask such a dumb fricking question again.
Posted by Pezzo
Member since Aug 2020
2874 posts
Posted on 11/1/23 at 7:21 am to
sounds like you're FOMO'ing if you cant wait 1-3 days. first deposits always take longer as they have checks and balances. go with Robinhood if you want instant deposit.
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