posted ago by nankingRoastie ago by nankingRoastie +6 / -3

So I paper handed and had to go in on roblox since it was lower than its open day pricing, and could only go up. It practically shot to the moon the day after the earnings showed up even though they were far below expected, and in negatives. Okay, I don't get that, but whatever, I made out big.

Problem is, I want to go to sleep now. And SPs always jump in the morning then dip as day goes on, in my experience.

So I tried to set up a SL for 71. I figured that's decent. If it makes an unusual morning open decline I get out with the automator, if it rises and I dont wake up in time I cant really lose much.

But when I tried to input SL of 71 it said "This is above the market price for this stock (its sitting at valued 74.5), and it'll execute when market opens".

What gives? I dont understand why the screen shows me valued at 74 per share, but trying to SL says that the value is under 71.

Comments (10)
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Polander 7 points ago +7 / -0

Why are you still using Robinhood?

deleted 2 points ago +2 / -0
Polander 2 points ago +2 / -0

Any broker that didn't colude with the hedge funds to prevent trading of GME and AMC

deleted 1 point ago +1 / -0
NeoDragoon 3 points ago +3 / -0

Premarket price is in the mid 73s right now, so I can only assume that it's more RobinDaHood fuckery.

Rooo 6 points ago +6 / -0

10% for the big guy

deleted 1 point ago +1 / -0
HighFrequency 1 point ago +1 / -0

Paper hands only help kick the can down the road for the hedgies.