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By Stock Chat

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30 thoughts on “Why i hate the robinhood app brokerage 6 reasons why”
  1. Avataaar/Circle Created with python_avatars Wood Henry says:

    NO ONE DOES IT BETTER THAN CYBERACTI ON INSTAGRAM, HIS ABSOLUTELY THE BEST😘

  2. Avataaar/Circle Created with python_avatars Bailey David says:

    THANK YOU IS THE BEST PRAYER ANYONE CAN EVER SAY TO CYBERACTI ON IG, I SAID ALOT THANK YOU BRO😊

  3. Avataaar/Circle Created with python_avatars Wes Nes says:

    I made it to 25K… and the minute I started trading it began lagging….. moving super slow…. and for that reason I'm out…

  4. Avataaar/Circle Created with python_avatars Daddy with The Wand says:

    Did you start that platform because I'm having this same problem rn with having to use other apps or site to see real price

  5. Avataaar/Circle Created with python_avatars Daddy with The Wand says:

    🤣🤣🤣🤣🤣

  6. Avataaar/Circle Created with python_avatars Emmanuel Onofrei says:

    He looks like he has braces but he doesn't

  7. Avataaar/Circle Created with python_avatars SlayingReality says:

    So you have an IB agreement with other brokers is that why you hate robinhood?

  8. Avataaar/Circle Created with python_avatars Valerie Sanchez says:

    Finra fined Robinhood in December 1999 for 1.25 million by them not giving traders the best value for their trades. On that note, there's better platforms out there.

  9. Avataaar/Circle Created with python_avatars E. J. says:

    yeah ur right, this is really poor service !!

  10. Avataaar/Circle Created with python_avatars David P says:

    Ive heard they have terrible customer service, that just says they fixed it but actually don't. Also, if you don't set Limit Orders when you buy or sell, they could nickel and dime you, or you could end up paying more money over time for stocks.
    I've had 2 major issues with the app. Sometimes it shows that I've gained/lost an absurd amount of money lol. And other times it's just slower compared to other platforms. For instance AAPL will say $291.05 and on my other platform it says $292.58 because its just faster…. That type of stuff matters I think especially for day trading. In that sense I think maybe RH is good for long term investing? I'm not sure, I'm still a beginner.
    Overall robinhood has been a very good app, it helped me start investing and understanding the basics, they also make everything easy to understand and give news reports all in one app.

  11. Avataaar/Circle Created with python_avatars andres says:

    So u gotta have 25k in the account to be able to day trade…and if u dont and continue to day trade wat happens

  12. Avataaar/Circle Created with python_avatars derper derp says:

    Can someone please help. I just don't understand how Robinhood reports gains and losses. Right now it says "after hours losses $554". When I go through all my 30 stocks and add up losses….it's $80. Why????

  13. Avataaar/Circle Created with python_avatars SEMAJ Network says:

    Can I have a beneficiary on my account in Robinhood????

  14. Avataaar/Circle Created with python_avatars Trend Surfer dz says:

    thank's the video was very helpfull

  15. Avataaar/Circle Created with python_avatars Out of the Woods Work says:

    I know what I'll do, I'm going to make an 8 min video of myself, then I'm going to end it with a picture of myself! Think I learned more from that portion of the video!

  16. Avataaar/Circle Created with python_avatars Oh my says:

    The reason for the delay of the execution, is because Robin Hood does not execute the order it’s self it goes into a third-part.

  17. Avataaar/Circle Created with python_avatars Matthew Schwarz says:

    I placed order when the price was low. It took days for these shares to go up but I cant capitalize because my buy order wont go through. By the time it did the price was back down. It almost feels like Robinhood is manipulating the situation in order to suppress good return

  18. Avataaar/Circle Created with python_avatars Matthew Schwarz says:

    Robinhood are crooks. I bought in 26 shares @ 0.17. When it spiked to 4.00 Robinhood decided to "No longer support this company" (Something similar to this) & all 26 shares vanished along W the funds I had invested into it. Crooks

  19. Avataaar/Circle Created with python_avatars Compscript says:

    Not hearing any legitimate complaints here. It is free because you are expected to do the research and not them.

  20. Avataaar/Circle Created with python_avatars janet vang says:

    That the reason why it's free Lol!!! Be careful I got a similar problem too. Took out all my money. Never ever invest in Robinhood

  21. Avataaar/Circle Created with python_avatars FAS A says:

    🛑VERY IMPORTANT

    RobinHood's is very bad

    They stole my money

    I have evidence on what to say.

  22. Avataaar/Circle Created with python_avatars Chad Self says:

    If you have the time, what is your thoughts and opinions on Charles Schwab? And the best stock options for the average minium wage worker?

  23. Avataaar/Circle Created with python_avatars jedimasterham2 says:

    I use Fidelity for their reliable customer service.

    While there may be better platforms for day trading, Fidelity’s Active Trader Pro works great for me.

  24. Avataaar/Circle Created with python_avatars SamjrMusic says:

    I wish I knew what the hell is that was talking about, I'm dumb to trades

  25. Avataaar/Circle Created with python_avatars Jones 0 says:

    Candles are here now… Update this video

    Just to see if your opinion has improved… Not changed lol

    It sucks for a guy at your lvl

  26. Avataaar/Circle Created with python_avatars Saturdays Rice says:

    I use robin hood because I am a beginner. Ive been trading for a little over six months and one thing I did notice is the seconds of delay. Its so frustrating when I buy a stock and when it clears its I paid more than I thought I did so when I look at my return I've already lost some money.

  27. Avataaar/Circle Created with python_avatars John Silvers says:

    All you have to do is turn Robinhood into a cash account and as long as you don't exceed your cash there is no pattern day trade restriction.

  28. Avataaar/Circle Created with python_avatars JBlue says:

    Will NOT use Robinhood !!!

  29. Avataaar/Circle Created with python_avatars Jae Lee says:

    Everyone think about this for a second. Accepting payment for order flows is practiced by most brokerage firm's. It's a double edged sword, as it can serve as a benefit and detriment to the retail investors (us). Fine. But what I am not fine with is when Robinhood (RH) is selling our order flows to the High Frequency Trading (HFT) firm's. RH makes millions from this and HFT firm's pay a premium for this information. And why do you think that is? Do your due diligence and research.

    Think about playing your favorite game, whether it's CSGO, SC2, DotA, LOL, anything… And say you have the option to get map/wall hacks… any kind of hack to have a competitive edge against other players. This is what HFT firm's are paying millions to RH for. The more volume RH generates, the more they get paid as data becomes more relevant. So why do you think RH offers "free" trades? Why do you think they give out free stocks just by referral alone? It's because it generates millions and millions of trades which boosts volume! Which also means more money for RH. Half of their revenue comes from these alone!

    If you have tried day trading with 25k plus on RH just for shits and giggles, you can definitely tell something is off. Prices are never accurate, whenever you're trying to buy or sell at a certain point the app happens to either delay or not execute at your target prices, even with 2m+ volumes! I've used it for over a year now and at times I feel as if someone is always watching my next move. Or maybe I'm just a shitty trader, whatever it may be, it doesn't change the fact that RH works closely with HFT firms. One of which the guys who made RH also made the trading platforms for. So next time you're thinking, 'oh I'm making 50%+ this is great!'. Well, just wait. Once your positions becomes relevant, for example, your positions seems to be getting on a trend and volume is picking up by retail traders all buying the same shit.. you will see it turn on you. Don't ever buy the "what's popular stock" on the app.

    There are other brokers out there that do not accept payment for order flows. Vanguard, Interactive Brokers, and Fidelity? Correct me if I'm wrong. I'm also under the assumption they don't sell clients order flows to HFT firm's and Investment Banks (IB) either. But I could be wrong. Research!

    So stop wasting your time on RH, these guys are crooks. Sucking the hard earned money from young and old retail investors, from people with experience and people who have absolutely no idea what a stock is. The guys who made RH also made the trading platforms for HFT firm's which btw are light years better than the RH platform. So why is it so hard to make a decent platform for RH for it's retail investors? I'm not even asking for anything remotely close to what these firms are using.

    They are a for profit company, backed by venture capital. Their mission is to make money for THEIR investors. Not us. If you're still with me to this point, I apologize as this became longer than I expected. But be smart, be nimble, and always question everything!

    Best of luck,

    J

    "RH got the Robinhood principles backwards. Instead of stealing from the rich, they steal from the poor and stupid." – Reviewer

  30. Avataaar/Circle Created with python_avatars Agent Zier says:

    So quick question, if I had a Fidelity account set up with my Job…can I also create a Robinhood account?

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