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There are countless other reasons for using a brokerage like Fidelity, Vanguard, Schwab, E-Trade, etc. I honestly can't give you a good reason to use Robinhood other than their app is very user-friendly. Transferring my holdings from Robinhood to Fidelity was surprisingly easy, I watched a "how to" video. Good luck.

Reddit robinhood. Things To Know About Reddit robinhood.

I use Robinhood for about half of my investments. I started investing on Robinhood around August 2015. At the time I was a naive and stupid and knew nothing about the “stock market” or what a brokerage was. When Robinhood became available, I figured I’d give it a try. Almost immediately, I started losing money. Keep long term investments in Etrade. Do your fun speculation and market timing play in Robinhood with its free trades. Downside is Robinhood is only an app and the UI is not great. Keep $ under $500k in each account so you're SIPC insured. Nice to diversify in case one investment company fails you still have another.Robinhood. Robinhood was the first major mobile investing platform. The app has over 5,000,000 downloads on the Google play store. Here's a bit about what this app will do: Invest in stocks, ETFs, options, and cryptocurrencies, all commission-free, right from your phone or desktop.If you’re not trading often, it’s better to just consolidate with Fidelity. If you’re trying to day trade or do a bunch of options shenanigans, Robinhood may be easier for you to use. Haven't seen this mentioned on here: Charles Schwab and TD Ameritrade are due to merge and start "transitioning accounts" in 2022.

It is clear that RobinHood is not a proper brokerage, but a venture startup with buggy software being tested in production. There is a degree of risk that needs to be considered when making trades on this platform. In this example, the risk is losing thousands, and I will be seeing about putting my money elsewhere. 11.Each Program Bank will pay Robinhood a fee equal to a percentage of the daily deposit balance in your Deposit Accounts at the Program Bank, up to 4% on an annual basis. In its discretion, Robinhood may change the fee or range of fees, and may vary the amount of the change among clients. The fee may vary from Program Bank to Program Bank.8 Mar 2021 ... "And that, I think, will shake the foundations of financial markets. "What this episode shows is that technology can create a new financial ...

Therefore my Robinhood portfolio is up ~2,500% where my Acorn portfolio is not. However, I am pleased with Acorn performance over all given the market volatility over the past year. Acorn is a slow, long term strategy where you can (should) set it and forget it. As another user stated, 3 months is a very small sample for an investment account ... If you’re not trading often, it’s better to just consolidate with Fidelity. If you’re trying to day trade or do a bunch of options shenanigans, Robinhood may be easier for you to use. Haven't seen this mentioned on here: Charles Schwab and TD Ameritrade are due to merge and start "transitioning accounts" in 2022.

18 Feb 2021 ... GameStop controversy made some strange political bedfellows. GameStop trading saw both progressive Democrats and populist Republicans brought ...18 Feb 2021 ... "Any allegation that Robinhood acted to help hedge funds or other special interests to the detriment of our customers is absolutely false and ...The subreddit r/wallstreetbets is an online community on Reddit, a social news website.The community is known for discussion about meme stocks and high-risk stock transactions. Observers congregating around r/wallstreetbets believed the company was being significantly undervalued, and with such a large amount of the stock being short they …Robinhood will reimburse you for up to $75 of that fee for transfers of $7,500 or more in equity, options, and cash assets (per account type and brokerage firm) into your Robinhood account. Reimbursement eligibility is based on the asset values calculated from the previous market close on the transfer date (when we receive the transfer). Any ...

In general, it is only essential for daytrading. Robinhood and Webull are OK for investing. Well, until Robinhood went beyond the standard practice of placing margin restrictions on stocks (e.g. changing a stock from 25% margin to 100% margin) and started outright limiting how many shares you can buy/sell.

The .exe can be found under the /bin/Debug folder. The program has two functions, one is to loop through the stocks currently in your stock name table and to retrieve that data from Yahoo Finance. The second is to add additional stocks to the stock name table and then import the stock's data.

Jan 3, 2023 · Fidelity vs. Robinhood: 2023 Comparison. Fidelity and Robinhood both offer commission-free trades. But Robinhood is a streamlined trading app, while Fidelity offers several platforms and a larger ... 27 Jan 2021 ... And third, the Street always wins, especially if you're trading with Robinhood. ... More from this stream Reddit vs. Wall Street: the latest in ...ETFs are pretty large baskets of stocks so they're not that volatile, which makes it tougher to swing trade over a company's stock like Netflix of Chipotle. And you'll pay 28% or more of your gains as income tax unless you hold it for a year, in which case you'll pay 10% of your earnings as capital gains tax.Robinhood did raise a massive amount of capital after the January 2021 shenanigans which helped them survive and strengthened the firm. Still didn't address all the reputational hit they took, but at least HOOD itself is better off. I still use HOOD for a small trading account because the app is easy to use and the news updates are good.Delisting is when a stock is removed from an exchange. A security can be delisted for a number of reasons, such as: No longer meeting an exchange's listing ...29 Jan 2021 ... Much of the rhetoric, so far, is ideologically inconsistent — slamming hedge funds for "casino capitalism" while celebrating Reddit users who ...8 Mar 2021 ... "And that, I think, will shake the foundations of financial markets. "What this episode shows is that technology can create a new financial ...

Securities are lent to Robinhood Securities, LLC. There is a risk that Robinhood Securities could default on its obligations to you under the Stock Lending program and fail to return the securities it has borrowed. If Robinhood Securities defaults and is unable to return loaned securities, you will not be able to trade such securities as usual. 5.Randomly doing some generic research on market bubbles, and I come across an interesting 🐝 ☕ 🌊 post from 2016 on TradingView containing a very familiar looking chart. From almost 10 years ago, and almost identical price action to GME since Jan 2021 over a 2 year period 🤔. r/GME •. 11 more for the bot.Robinhood isn't that bad and they are getting better. If you're only trading stocks, then there are probably better options since most all brokerages are offering commission-free stock trades and fractional shares. If you want to trade options, Robinhood is still the only broker with commission free options trading (that I know of).I used Robinhood for about 6 years before switching over to Fidelity, so I can only speak to my personal reasons for doing so. Customer support. Fidelity actually has people you can speak to and the support they provide is phenomenal. Robinhood displayed inaccuracies with my account history.Kara and Scott break down how amateur traders best hedge fund managers, driving up GameStop stock and what that means for the future of the stock market.

I raised this with Mint support too, at least a month plus ago. I still can’t see account balances from Robinhood traditional IRA, or Roth IRA, mint only sees brokerage and brokerage cash balances. 1. rasvial • 9 mo. ago. Same. New product from Robinhood, so intuit probably needs to figure out how to plumb it up still. 1.For example Robinhood made $1.81 billion in total revenues in 2021, primarily based on transaction-based revenue which represented over 77% ($1.4 billion) of the company’s overall revenues. Transaction-based revenues primarily includes payments from routing customer orders for options, cryptocurrencies, and equities to market makers.

Get App. If you are at all interested in investing, you’ve almost certainly heard of Robinhood. The investing app is a favorite among everyday traders who congregate in online forums like Reddit’s …The .exe can be found under the /bin/Debug folder. The program has two functions, one is to loop through the stocks currently in your stock name table and to retrieve that data from Yahoo Finance. The second is to add additional stocks to the stock name table and then import the stock's data.I've been trading on Robinhood for a couple months now and love the platform, exactly what I had been waiting for. Yesterday a couple stocks came to my attention, AEM and CLLS, that I was not able to buy. ... The most amazing place on reddit! A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. The much wow innovative ...Robinhood charges a $100 account transfer fee if and when you are ready to bail. The "match" will be a taxable gain if you do a Roth conversion, such as a Backdoor Roth IRA. On the subject of the Backdoor Roth, Robinhood doesn't directly address whether they'll support Roth conversions but they do mention it in their FAQ so I assume it will be ...Completely untrue. Robinhood had plenty of faults that were completely valid reasons for people to not like them. From glitches to their option systems to horrible customer …So what are the best Robinhood stocks to buy now or put on a watchlist? At the moment, Nvidia ( NVDA ), Snap ( SNAP) and Square ( SQ) are standout performers. Unlike GameStop ( GME) and AMC Entertainment ( AMC ), which have been hitting the headlines of late, these stocks offer a mix of solid fundamental and technical performance. Fuck robinhood. WSJ explains how options trading is driving the action and what’s at stake. The stock of videogame retailer GameStop started 2021 at $18.84. On Friday, its share price traded above $340. And it ...

Thanks Robinhood risk management team for securing my tendies! If they hadn’t done this I’d have been FUKT. Second EDIT: thank you for all of the awards but instead of giving Reddit your money to celebrate my post please donate it to a worthy cause such as Citadel Securities or some other market makers. Locked post. New comments cannot be ...

At the time, SoFi covered the $75 transfer fee from each. Dunno if they still do it but something to check into. SoFi is pretty simple like Robinhood and has automated investing similar to M1 Finance. You can get fractional shares in pretty much everything and they have a large selection to choose from.

I already had a TD acct but I initiated the transfer last Thursday and RH acknowledged on Friday. Today (so 7 business business days later) everything has been transferred over. RH charges a $75 fee, TD doesn't charge anything to transfer in. I …Most brokerages require anywhere from $500 to $2500 to open an account, if your capital is below that amount robinhood is a decent option. I wouldn't use robinhood personally, with bigger brokerages you get access to in-depth research, financial statements, advanced charting, educational videos/tutorials, etc etc. The job cuts mark the second round of layoffs this year at Robinhood, which in April laid off about 9% of its full-time employees. Together, the two rounds have cut more than 1,000 jobs from the company. The layoffs come alongside a broader company reorganization, Vlad Tenev, the company’s chief executive, said in a message posted to the ...Double delta covered call. My usual CC is 100 stock (1 delta) and short call (0.25 delta) which is 0.75 delta in total. I would like to do one like this: - 100 stock, 1 delta. - 1 LEAPS, 0.90 delta. - 1 short call, 0.4 delta. Total would be 1.5 delta and I would expect to behave as two standard CCs.Earlier today I received an email saying I had been approved access to join begin buying cryptocurrency on Robinhood. I just bought one Ethereum on Robinhood crypto, as I had some buying power in my Robinhood account already. I have to say, the layout, the ease of purchase, the option of placing stop-loss and limit orders - these are incredible ...Is Robinhood Gold 3.75% safe and legit. Hearing of FTX and others filing for bankruptcy , I’m very intrigued by Robinhoods offer of 3.75% high yield but also a little apprehensive. My plan is to keep between 100-200k there earning the 3.75% and invest some weekly into the market (I prefer dollar cost avging for peace of mind) but earning 3.75 ...ROBINHOOD IS A SCAM. "If you don’t have enough buying power or underlying shares to exercise your option, we may attempt to sell the contract in the market for you within the last hour before the market closes on the options' expiration date." This explains why QQQ. shot up today after 3 PM. Haha. Alternatives to Reddit, Stumbleupon and Digg include sites like Slashdot, Delicious, Tumblr and 4chan, which provide access to user-generated content. These sites all offer their users a way to publicly share photos, information and links.

majestik30. Robinhood warning. Missing money in my account and they couldn't care less. On Feb 25th I made a $1k transfer into robinhood which became available immediately. Two days later in the same week, I made a $5k transfer into robinhood which wouldn't become available because of my initial $5k transfer (most everyone knows this simple fact).There are countless other reasons for using a brokerage like Fidelity, Vanguard, Schwab, E-Trade, etc. I honestly can't give you a good reason to use Robinhood other than their app is very user-friendly. Transferring my holdings from Robinhood to Fidelity was surprisingly easy, I watched a "how to" video. Good luck. Keep long term investments in Etrade. Do your fun speculation and market timing play in Robinhood with its free trades. Downside is Robinhood is only an app and the UI is not great. Keep $ under $500k in each account so you're SIPC insured. Nice to diversify in case one investment company fails you still have another.Instagram:https://instagram. best managed investment companieslink reitotc trading apphedging stocks Each Program Bank will pay Robinhood a fee equal to a percentage of the daily deposit balance in your Deposit Accounts at the Program Bank, up to 4% on an annual basis. In its discretion, Robinhood may change the fee or range of fees, and may vary the amount of the change among clients. The fee may vary from Program Bank to Program Bank. nyse gold financialsbest platform to buy shiba inu Not sure why this is surprising. Robinhood is widely known as the shittiest brokerage. Just cus its EASY to use doesn’t mean its the best tool for investing and analysis of your financial decisions. Come on guy. Its the etch-a sketch of Brokerages only meant for the most challenged of autists. Once you shake your screen its gone box stocks Robinhood Review Reddit - Conclusion. Finally, it is notable that Robinhood is an innovative broker that has established a new paradigm in the world of finance. The commitment of its creators to expand trading towards the youth sectors is reflected in the absence of commissions and the simplicity of use of the platform.In general, it is only essential for daytrading. Robinhood and Webull are OK for investing. Well, until Robinhood went beyond the standard practice of placing margin restrictions on stocks (e.g. changing a stock from 25% margin to 100% margin) and started outright limiting how many shares you can buy/sell.