I Lost Huge Money on Robinhood
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He must of bought a lot of Robinhood stock
I’m still learning about how market works. Wouldn’t the price go up as more shares are bought and down as sold?
Yes technically but only by a little bit, I think he means this a superstitious way
He means like a joke. His friend loses money in the stock market. So any stock his friend buys goes down. He wanted to sell it so the bad luck for the stock would go away
His friend buying shares won’t push up the price.
There are hundreds of millions of Robinhood shares. You’d have to be buying millions of $’s worth to have any real impact.
I also don’t know anything about the stock market but I’m curious why do people sell when it’s down on big companies instead of holding isn’t it in most cases bound to go back up eventually?
All scammers in one room
Graham isn’t a financial guru selling courses
You should inform yourself before making accusations
😂 how much money did they take from you???? Oh right zero.
@@thunderthormx how much are they paying you
He’s talking about the FTX endorsement. A lot of people lost a lot of
I still hate Robinhood.
Same
Ahh the ptsd that comes with short squeeze plays
Other brokerages did the same
@@J19118 citadel called the shots though
@@J19118 nah, they rejected my payment from the same bank webul worked with and charged my $9. I didn’t even bother trying them a second time.
he bought?
9.0
Robinhood is a garbage company
I will never use Robinhood after the Game Stop BS, and I would actively discourage others from using it. There are better companies to invest in.
Nearly every brokerage at some point in their history has had to halt trading on a security outside of general reasons that the SEC allows for. To be trading a garbage company like GameStop to begin with you have to be pretty dumb and small account, then to get mad at the broker on top of that is just laughable. So many idiots were trading GameStop using unsettled borrowed funds that they actually emptied robinhoods bank accounts, forcing them to do what they did. This issue doesn’t happen with actually valuable companies where real traders with actual significant account values are buying and selling. So; all that to say, nobody cares if you don’t keep you $500 with Robinhood. In fact no broker really wants you at all.
yeah fck fidelity and interactive brokers too during gamestop they also froze the sell button robinhood was the free commission app all millenials used though
Jack need to blog/vlog about his investment plans so everyone can do the opposite!
Robinhood was good for me as a “training wheels” platform for investing, and finally got me serious about investing for the future. But long-term, I realized I could get more elsewhere, so I switched to ETRADE and Fidelity instead. As for stocks, my thought is that if it doesn’t pay a dividend, like Robinhood’s stock doesn’t, I probably won’t sniff it as a potential investment.
Bro looks cooked
Don’t follow these people for investment advice
Flipping a coin – that’s kind of analytics you do, trading on robinhood.
They weren’t trading ON Robinhood they were trading Robinhood stock
@@Dontdoit_ They were trading Robinhood stock on Robinhood, funnily enough 😭
Most people don’t have the mindset to invest in stocks
after the GME fiasco I stayed the hell away from robinhood. The idea of a company freezing trades from the public is crazy.
Every stock exchange does this whenever is stock is too volatile they halt trading for a couple minutes sometimes even hours, but you’re right Robinhood halted multiple stocks
They only froze the buy not the sell. It was crazy. I was there.
Same. I won’t touch them.
@@saultrades Robinhood is a broker not an exchange, they shouldn’t have the ability to halt trading for traders. What they did was intentionally for the benefit of the hedge funds that needed liquidity to salvage their positions. Robinhood profits off of screwing over their clients and shrewd deals with market makers.
Ya those were crazy times. I got halted on a lot.
Now it’s $18
I may have mastered the skill of buying a stock before it falls
I’m convinced of this (but only if I have money at stake.) any time the trade doesn’t go through it skyrockets. And when I put in a limit order for a higher price to ensure momentum it goes up til just that price then down to my stop loss and then to the moon within a matter of seconds sometimes.
Any time I make a paper trade it goes to the moon, consequently and I’m actually able to erm… Capitalize… No pun intended…
So he gave his friend the opposite advice of what he did?
Didn’t he said he got out of it? now he says he doubled down?
I think the other Graham was doing better in stocks
Looks like insider trading.
Smart
Lmao what is this dude on
Trading in a nutshell
Vlad betrayed us with gamestop and you should stop talking about that ahit
Average down baby 💎
Don’t do this unless your conviction is long term and the fundamentals align. Otherwise averaging down is a trading sin, given short term conviction.
Mo-ron
Just keep up with the market manipulators.
Only way they make money is charging margin or charging to short, but doing that intraday is generally free.
It’s been a stinker. I’ve had it for a couple years buying lows. It’s nice to be up about 35% in total after this run
Always research financials, rumors, industry, sentiments, how finances moving due to what Congress and acts or passes around, etc. Being an investor means you have to have many skills
It’s same happened to me 😅
My average cost now $18.14 😢😢😢
Investing in stock is gambling
😂😂😂😂😂
Buy SNP500 and forget
this is true, this has a name in the industry, we call them “lighthouse”
This is me in a nutshell literally cant by anything without it losing value the same day im lucky in some ways just not when it comes to easy money so if you want to short a stock let me know 😂
And this guy teaches stocks?
Robinhood used to be good. I only trade on Fidelity now.