About this video: Ever wonder how the Robinhood app makes money? Robinhood has a special paid membership known as Robinhood Gold that allows users to buy and sell stocks on margin. With Robinhood Gold, you can double your buying power to make more money in the stock market. But just remember that just as quickly as you can make money while margin trading, you can also lose a great deal of money while participating in such risky activities.
Margin trading is not for everyone. I personally have traded on margin in the past with success but it is not something I would recommend for investors who are just starting to get into the market. Trust me, nothing is scarier than when the stock you bought on margin is plummeting double digits! I am talking from experience!
With all of this being said, if you are going to trade stocks on margin I would recommend using Robinhood Gold due to their simplicity and straightforward, no fills attached trading platform.
And remember that you’re still getting free trades with Robinhood so unless you are trading 5 figure amounts, Robinhood will save you a decent percentage of your portfolio from transaction fees!
Thanks for watching, if you have any questions or comments, let me know down below!
Also, I should state that I am not a financial adviser and you need to make your own decisions regarding investing, especially when it comes to margin trading!
Get a free stock when you open an account on Robinhood (valued up to $226): http://nateobrien.com/Robinhood
(offer subject to change, some restrictions apply)
Protect your family with life insurance today: http://nateobrien.com/ladder
they’ve got to get this in Canada! it sounds so good!
I know! I am willing to bet that Robinhood will move into the canadian markets within the coming months/year. If Robinhood does not come to Canada then you can bet on another company starting a similar app in Canada. Thanks for watching!
it’s too bad Robinhood isn’t a publicly traded company.
Hey, Nate are you a millionaire yet when it comes to trading with stocks? Btw what is your strategy when you want to play stocks?
tam tran, I am not a millionaire yet! I am only 19 though so I think I have some time haha! As far as investing goes, I tend to invest for the longer term. Sometimes I mess around with day trades or short term investments but only when I am confident it will be successful! Thanks for watching!
@Nate O’Brien what are some of your fav stocks? any recommended long term picks that are within reach
Does robinhood gold allow you to buy more stocks? I’m trying to get into aurora cannabis Inc (abff) but the normal robinhood app doesn’t have it.
Short answer would be no. Aurora is not on the NYSE so Robinhood does not offer it! Hope I was able to help!
ACB yes it does trade on Robinhood.
@Nate O’Brien it does now specifically offer it, right now that stock was once at $9 a share, now its at .60 cents.
Is there any PDT rules on Robinhood gold.
is it a margin or cash?
Hey Nate, have you got RH gold now, how has it benefited your investing? Thanks!
How to get $4,500 per month?
Kevin Edwards by selling your ass
Sorry I’ll only give you $4.99
@Trevor Saylor 4.99 is better than 0! Great act of generocity sir!
One thing to make note of is you can’t use robin hood gold extra buying power unless you have at least double the amount in your portfolio
‘if you dont trade on margin, you cant increase your margins’ lol jk
Great video dude! I was so stoked about Robinhood Gold combined with Options, pre-market, and after-hours trading that I quickly lost a shit ton. Definitely worth it in my opinion! Just got to pay attention about over-extending.
How do you pay back the money you are borrowing?
Mark Whalen when you sell you positions
Julian Overton ok thanks man!
So I had gotten robinhood gold but next thing you know I see $2000 come out my cheacking account so I was so confused… any help ?
Any of you guys know how to turn your account back to the original way?
make sure you pay them back or they will send the Mob after you.
Great video, straight to the point … thanks!
Robinhood gold now offers level 2 and is also charging 5 % on any margin above 1000$ make a video on it
again, another youtuber talking bout shit they havent bought.
In robinhood gold, what’s the difference between using margin and without using margin? Will they charge any money if i transfer funds from bank to robinhood or robinhood to bank?
Up
Great video👍 how does RH bill the monthly $5 Gold fee?
I saw a newer video saying not to watch your old videos, but you can really tell how much more confident you’ve gotten in speaking over the years on YouTube. Nonetheless, your content is very very helpful.
Hi, I think after hours trading is available by default (base account) now?
I was actually able to execute some trades in pre-market the other day….
Can you validate/or update this? Thanks!
Great video
Love seeing the evolution of your channel. This was a good value video. 😀
I love and use Gold!