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/biz/ - Business & Finance


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1383133 No.1383133 [Reply] [Original]

Robinhood General Thread - /rgt/
Herbalife is totally not a pyramid scheme edition
Official /biz/ chat
https://discord.gg/014fDbZ8P7TPWMIEr
Some calander:
https://calendar.google.com/calendar/embed?src=moonmissioncontrol%40gmail.com

--FAQs for Robinhood--
Visit the website first - www.robinhood.com
If you're not into robinhood - http://www.stockbrokers.com/offers
> How is it free?
They invest your unsettled funds after a trade.
It's also pretty basic software.
> When is it coming to my country?
Probably never. They only have plans on an Australian beta ( https://robinhood.com/au/).).
> It's been X days, why isn't my account isn't verified yet?
If it takes more than 3 days, try emailing their support. They are very good.
> Is this the right place to pump and dump and/or shill a worthless stock?
No, please go to Stocktwits, Plebbit, or one of our many chat groups.
> I hit sell when the stock was X.XX, but it actually sold at a lower price, am I being jewed?
No, that would actually be illegal. Robinhood graphs are just shit and only show you an average, not-really-realtime price. To get Bid/Ask prices and important things like candlestick graphs, you should use a more robust platform.
> Where can I get better charting or bid/ask?
thinkorswim is bretty gud if you want to go open a second account with real broker.
Otherwise you should be using Yahoo/Google finance or even Stocktwits for your graphing in addition to Robinhood.
>How do I git gud?
http://www.investopedia.com/terms/c/candlestick.asp?layout=infini&v=5F&orig=1&adtest=5F

> If I have Robinhood do I need to worry about 'Free riding' violations?
No, its not applicable for limited margin accounts (instant), and if you don't have instant, RH won't let you buy with unsettled funds
> Can I use Robinhood on my PC?

>> No.1383135

Old thread:
>>1381088

>> No.1383155

>>1383135
New thread:
>>1383129

>> No.1383159

oops use this thread:
>>1383129

>> No.1383780

4th for CERU my nigga

>> No.1384598

"They invest your unsettled funds after a trade."

What does this actually mean? Do they take my money that I have remaining after a trade?

>> No.1384603

>>1383133


Are there daytrading limits on RH?

>> No.1384623

>>1384598
same thing a bank does

your money is just sitting there and they use it on investments while you wait till the money is settled

youll get your money when it is settled (3 days i think)

>> No.1384629

>bought SPXL for some small gains
>a fucking coup in turkey happens

fuck my life

>> No.1384724
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1384724

>>1384629

>> No.1384731
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1384731

Better not be holding anything over the weekend.

Markets going to tank on Monday due to Turkey

>> No.1384744

>>1384603

You can't do more than 3 day trades in a timespan of 5 business days.

It's the same with any other online broker.

RH is shit anyways

Just get two accounts with different online brokers to circumvent that rule.