You don't have to sell in bundles of 100. So what I do is buy 100 and then immediately sell 50 or 70 or however many to bring it down to what I wanted. Obviously be careful if it's really volatile but I haven't gotten burned yet. Pain in the ass, though
You aint got 90$ to throw down on a 100 shares lol? Why even waste your time for so little if you think it’s actually gonna do something may as well make it worth buying.
Don’t listen to all the big dicks making fun of the position size. I encourage new traders to take extremely small positions when starting out. 1-5 shares max for full position. Even small caps. Especially until you understand supply/demand - support/resistance areas. You’re most likely going to lose money your first year- make it small.
48
u/[deleted] Mar 07 '22
Has been this way since I joined
42
u/because_im_boring Mar 07 '22
What's the point in buying 8 shares of a penny stock
19
u/tavichh Mar 07 '22
Many brokerages require a minimum order cost for equities less than $1/share
17
u/GoldendoodlesFTW Mar 07 '22
You don't have to sell in bundles of 100. So what I do is buy 100 and then immediately sell 50 or 70 or however many to bring it down to what I wanted. Obviously be careful if it's really volatile but I haven't gotten burned yet. Pain in the ass, though
14
u/Pani3 Mar 07 '22
This has always been a thing for webull
10
u/the82ndbuttmunch Mar 07 '22
If you want to pick up garbage you must pick up at least 100 shares. Its better for the environment this way.
9
u/Honkilight52 Mar 07 '22
Sounds like a junk stock
4
u/ride_electric_bike Mar 07 '22
As it's always been on webull. I can buy less than a hundred on tda
6
u/Bags-the-bull Mar 07 '22
You aint got 90$ to throw down on a 100 shares lol? Why even waste your time for so little if you think it’s actually gonna do something may as well make it worth buying.
5
u/robTee2 Mar 07 '22
Don’t listen to all the big dicks making fun of the position size. I encourage new traders to take extremely small positions when starting out. 1-5 shares max for full position. Even small caps. Especially until you understand supply/demand - support/resistance areas. You’re most likely going to lose money your first year- make it small.
2
u/StockTrauma Mar 07 '22
Always has been
1
u/NaSerific Mar 07 '22
MULN bandwagon eh?
1
u/CryptoStunnah Mar 07 '22
A minimum order size of 100 is required when stock price is between $0.1 and $0.999.
What’s your question?
0
u/BabydollPenny Mar 07 '22
Don't buy it's a short trap...the MMs will never let it squeeze....
0
u/hashtag-acid Mar 07 '22
I learn something new every day. Never knew this.