소스 코드
- 게시일 2020. 10. 06.
- Robinhood led the way for zero commission trading. It helped bring in a new generation of investors to the stock market. The Covid-19 pandemic and stay-at-home orders helped the trading app add 3 million users in the first quarter of 2020. “The Robinhood Trader” quickly became synonymous with retail trading. The company has made the stock market more accessible to millions of users but not without complications.
The beginning of 2020 created a unique moment for retail trading: Increased market volatility, stay-at-home orders, and zero commission fees across all trading platforms created a surge in activity and an increase in first-time traders.
These first-time traders, many in their 20s and 30s, found the stock market accessible. High prices had kept many on the sidelines for years. As sports events were canceled, sports betting was replaced with stock trading.
Stocks went to historic lows, and many young investors opened their Robinhood app. Robinhood has been the fintech darling of Silicon Valley, founded by Vladimir Tenev and Baiju Bhatt in 2013. The app has amassed 13 million user accounts and led the way for zero-commission fee trading. In no time, it has created brand awareness and popularity unlike that of the legacy brokerages such as Charles Schwab and Fidelity, or its app-first competitors like Webull and Dough.
Users download Robinhood for its simplicity and ability to start trading in a matter of seconds. For the first time, young investors felt they had the power to trade and make their own decisions on how to invest their money. The app came from Silicon Valley, not Wall Street, and its frictionless interface and ‘game-ified’ features quickly captured young, first-time stock traders.
In a Dec. 4, interview on CNBC’s “Mad Money,” Bhatt told Jim Cramer, “The thing that makes Robinhood really unique is that it’s incredibly efficient in the way that it operates because we’re from the ground up a technology company which allows us to build really modern systems that have our systems be much more automated much more stable by just having code execute.”
As a fintech leader and with such large growth, Robinhood has met lots of challenges. It’s battling the SEC, lawsuits, and growing competition from traditional Wall Street firms.
Watch the video above to find out how Robinhood plans to keep up with the demands of its users - and with the growing attention of regulators.
» Subscribe to CNBC: cnb.cx/SubscribeCNBC
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Follow CNBC on LinkedIn: cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC News on Twitter: cnb.cx/FollowCNBC
Follow CNBC News on Google+: cnb.cx/PlusCNBC
Follow CNBC News on Instagram: cnb.cx/InstagramCNBC
#CNBC
#Robinhood
How Robinhood Captures First Time Investors
![[BE ORIGINAL] RIIZE(라이즈) 'Impossible' (4K)](http://i.ytimg.com/vi/_UPynjzuOlw/mqdefault.jpg)
![나 이대 나온 남자야 [이화여자대학교 도자예술전공] | 전과자 ep.51 [EN]](http://i.ytimg.com/vi/KYNKemqi1X4/mqdefault.jpg)
![[EN/JP] 탑게이 impossible 완성시킨 💎라이즈①💎 l 홍석천의 보석함 시즌2 EP.09](http://i.ytimg.com/vi/ydRNw-e9C3Y/mqdefault.jpg)
Robinhood: Do you know anything about the stock market? Freshman investor: No. Robinhood: Good. We will start you with Options trading.
Lmao
First ever order. Naked call writing
naked put buying on margin
LMAO LEVERAGE BABY!
Hahaha 🤣
How can you mention Buffett and Day Trading in the same breath?
Ah the stock market, socially acceptable gambling.
Robinhood's slick intuitive user interface is rivaled by none. Yes it lacks some of the research tools that other brokerages offer. There are plenty of free research tools.
Most stocks will go down but stonks will always go up.
Every time I watch these interviews I never see anyone taking responsibility and holding themselves accountable. Its always the company's fault.
The fact that the guy was 20 isn't their fault at all. No different then someone going to a casino and blowing their life savings.
1:46 "Investors" more like first-time "gamblers"
Exactly. The rules haven't changed. The fine print is still there.. And if you don't do your own research, you'll probably get screwed.
Im so sick of this world wide need to babysit each other.
One guy said he was buying stocks then started trading options. I hope people are taking time to educate themselves on what they are doing
Ive made 3000$ in the last two weeks investing in Chinese EV companies. If you haven’t invested before I suggest you start learning. It makes you bank! If you do it right
There's worse things young ppl could be doing, like actual gambling or buying drugs.
@@mdogzino Doesn’t make it right
Short term trading = Gambling
Long term trading = Investing
🤷🏻♂️
It's all the same thing, you're either right 50% of the time. Wish short term trading you find out right away, and with longer term trading you'll find out in 30 years but trust in math and statistics. It's all you got, that and good intuition. Good luck everyone.
Long term still gambling, company can go bankrupt any giving year.
@@mrtee3477 invest in index funds,then its not gambling. duh!!!! S&P 500,djia and nasdaq funds. this way,you can remove that single company going bankrupt while taking in the rewards of the other 3500+ individual stocks.
@@mrtee3477 you check the companies fundamentals when you are investing for long term . you just dont go long just because you wanted to . as peter lynch said , '' Companies that have no debt can’t go bankrupt '' and yes there are companies that have zero debt.
You keep your money 20 years in the stock market 🙏🙏..
Bro who’s this guy calling buffet an idiot 😂😂
Lol fr. He is pointing out that airlines went up, but at the time, the whole market was in general going up a lot.
As if one single trading week (or whatever time period he was looking at) is any sort of indicator for long-term growth.
Buffett is brutal
@@ICM9 they went way down just after and they going wayyy down again until theres a stimulus
Lol, he doesn't even know what's investing and how it works. He thinks it's another kind of gambling.
This video is one big advertisement for robinhood app LOL!
A big pyramid scheme promoted by CNBC, the network that is one of the poorest research organisation I've come across. And I've been analyst for 30 years.
That’s what I thought
Good
this is a hit piece. not an ad promoting rh. cnbc talks sht about rh investors all the time.
just look at the tiltle. They literally used the phrasing rh "captures" investors.
Nah, CNBC talking are always dissing Robinhood investors
The best way to find growth stocks, key features to keep in mind is as follows:
1. Ensure gross margins are greater than 50%
2. Ensure P/E ratio is less than 100
3. Buy companies that are PROFITABLE, very important irrespective of sector.
4. Debt to equity ratio is less than 30%
5. Current ratio is above 1 6. and a Float under 100 million One stock that fits the bill is FLGT (Fulgent)
These wannabe investors talking down on Warren Buffett is like a child that thinks that he just outsmarted his parents LOL! Just because you scored a nice 3-pointer that doesn't make you the 2nd coming of Kobe Bryant.
Davey Day Trader is just playing a character. He's not serious.
Remi Stardust ....I’m glad he was playing but it’s sad 😞 that this video cut make it look like he it’s not ...
you can not take your bitcoin outside this piece of garbage...
Fantastic video ❤️ No doubt, Bitcoin and the aggregated cryptocurrency market has incurred some notable upwards momentum once again, right now the leading crypto asset Bitcoin has breached $20,000 for the first time in the last three (3) years. Who would ever believe this can happen this year 2020 after the COVID-19 that the HUMAN RACE just uncounted, despite the 2nd LOCKDOWN going on in some countries now and the financial crisis going on in the WORLD, BITCOIN is still on the Bull 📈 However out of excitement a lot of investors/traders will rush and SELLOFF the little they Hold which i see as a very odd and old strategy of making profits, instead i would advice you find a working strategy/daily signals as i have been with Mr Richard Bruce who is a Pro trader and also a signal provider. With his daily signals i was able to increase my 0.8btc to a total of 7.1btc within 5 weeks of active trade, which you would agree is a very good way of making profits. I would say don't sell, take advantage of this profitable season with Mr Richard Bruce daily signals. He can be reach via WhatsApp: +1 971 512 2836 and Instagram @richard_brucefx for inquiries for insights into all crypto related issues .....
They're not even playing the same game. Warren is dealing with hundreds of billions and has more in cash than the barstool guy can even dream of. Its like Lavar Ball saying he can beat Jordan and the media are shining a spotlight on these people
Although I don’t use Robinhood, I’m glad for the disruptions they made.
newcomer will loose money and other side will gain more because of their decision lol
I opened my account in march. I'm currently up 20% so far as of today.
I made a 21% trade today within minutes lol better start following what I'm doing.
Lol what you invest in? I invested in march too but my stock is up 1000% on one and 350% on the other.
@@BAP3221 mostly dividend stocks. I like to buy and keep it.
@@b.e.r.nnetwork8251 Can you tell me more? Ive been learning how to trade and also been gaining by day trading, we can swap what we know and learn more
If Robinhood had a customer support phone number...
If Robinhood had a stable servers during a big sell off 🤦♂️
So right. They customer representatives bad attitude
They sure do not have a customer support hotline
@@x-perimentalthoughts Does webull? Does td ameritrade? I have a TD account but i havent used it yet because their mobile app sucks and i want to wait until i can get my computer.
13:11 Maintenance and data migration usually happens when the markets are closed, not when the market is open and traders are trying to use the app.
It's gonna be interesting when the music stops
So true
And boy is it.
Buy quality companies that have been household names for decades at good prices consistently and hold for atleast 20 years.
In the age of disruption that is not always a great solution. Kodak, gm, and many others.
@@JD-yx7be I'm talking about actually good ones like coke, Microsoft and 3m
@@orgasmatron4296 Microsoft yes. Coke and 3m no. I regret buying 3m after its huge drop.
@@richieobrien2329 why not coke?
@@orgasmatron4296 their PE is high compared to industry competitors. Pepsi has been diversifying more and has out performed them in recent years. Also a lot of drinks coke owns basically all of them contain lots of sugar. We live in a world where government chooses winners and losers. I believe the government will finally impose beverage sugar taxes as they've been wanting to for years. Just my opinion.
It's Greg from Science Studio!
If the SEC did their job...they would require phone support and servers that could handle high volumes
I’ve played around in the market since my twenties but the freedom that Robinhood offers got me interested although I chose the subscription version of Robinhood so I pay for additional features and reports. I’m 68 years old.
Buffer didn’t tell anyone to sell airlines. He simply announced that he / Berkshire had sold certain stocks as per required filings to the SEC
They're missing what is probably the biggest competitive advantage - the easy interface that isn't a mind boggling wtf
This is the only reason I use Robinhood instead of any other trading portal. I have $4,000 diversified into strong stable companies and I am seeing slow, but stable growth. Their UI is the reason I use them just because it is sooo easy to monitor my portfolio and adjust as needed. My degree is in architecture and with all the analysis / maths done over the years, being able to actually see the performance of companies, compare data, and keep up to date on my phone makes it much easier to invest strongly. I am actually about to start using the profits to cover my student loans / care thanks to this app.
They covered that.
That’s why I like them, the other trading apps have horrible interfaces
And they didn’t even shed light on that the order flow thats is being sold to one of the biggest HFT firms are making sure traders get worse prices. They call it market makers which they are yes but algos use predatory actions to make money in nanoseconds of every trade made in the market.
For all HFT fanboys yes is makes spread low and adds volume but it makes big block orders hard to get executed at good prices.
I don't care about best price for the day. I will be holding for decades.
AmarNathan Until someone hacks your account, and steals your money, which has already happened. Or literally can’t buy stocks on a high volatility day which are usually when there are really good deals. Good luck with Robinhood support. Just use TD Ameritrade, Fidelity, or even E-trade.
@AmarNathan I don't think they got their money back. Also, Robinhood claims it was from fishing attacks, but one of the victims is a software engineer and said he was never fished and made sure to have a unique password. You might have to cash out then deposit into Fidelity or another broker.
Robinhood isn't going anywhere. They got the younger generation. Good luck to the other companies
That’s not how it works. Robinhood isn’t the Tesla of the financial world like you think it is. The one good thing is that it made most brokers go commission free. Other than that it’s simply not a good platform. They don’t just sell your data. They also have horrible and borderline non existent customer support. I use them and have a small amount of money in it. I have most of my money with a real broker. Robinhood will also go down for entire days at a time. The other thing I kind of like about them is that they do crypto, but that’s it.
Lol robinhood is straight ass, I don’t think the younger people are the ones using it. I think it’s the older generations.
@@nycoolj3 No, it's definitely young people, the average age of a Robinhood user is 31, which for a brokerage is insanely young. Sadly that's why most stay, because it's the only one they have ever used. Old people only even know of Robinhood's existence if they watch CNBC, lol.
Anyone with real money doesn’t use robin hood. I would hate the site to crash right before a trade
@@stormsurge1850 I am that 31 year old hahaha. The only other platform I've used apart from RH is Fidelity, and I must say Robinhood feels a lot faster and smoother. For example, say I sell some equities on fidelity, I'd have to wait at least a day before I can use those proceeds to buy something else. With robinhood, the funds are available instantly. Robinhood also allows you to own fractional shares of stocks, something fidelity does not yet allow. I'm just a casual buy and hold investor so I don't need really need all the fancy bells and whistles.
Ah the stock market, socially acceptable gambling.
Basically
there is difference between a investor and a gambler, risk and time
@Santiago Bron Yea and fools who trade individual stocks on a phone app are likely to be poor forever.
@Santiago BronCorrection; the rich get richer, the poor get welfare.
I wonder what country you live in. In Australia we love gambling and where I am in melbourne we get a holiday to go watch and bet on the horses. Putting money in the stock market here is probably more unusual than regular gambling.
1:00 - 1:23 0-100 really quick with no sad music transition to accommodate the sad news
Love the Robinhood investors!! They push the price up as they chase the rabbit and make me some money!!
I’ve had 13+ trades this year on robinhood and only 2 of those trades were at a loss, one of those being an options trade. It’s only gambling if you don’t do your due diligence or are impatient.
& Warren Buffet is a long term investor. Half those airlines will be gone by next year due to the lack of travel and working from home/virtual meetings.
I've invested $5k . I've earned about 33% return this year and almost $100 in dividends.
But I'm only spending lunch money.
My retirement is still in Roth and 401k.
Fantastic video ❤️ No doubt, Bitcoin and the aggregated cryptocurrency market has incurred some notable upwards momentum once again, right now the leading crypto asset Bitcoin has breached $20,000 for the first time in the last three (3) years. Who would ever believe this can happen this year 2020 after the COVID-19 that the HUMAN RACE just uncounted, despite the 2nd LOCKDOWN going on in some countries now and the financial crisis going on in the WORLD, BITCOIN is still on the Bull 📈 However out of excitement a lot of investors/traders will rush and SELLOFF the little they Hold which i see as a very odd and old strategy of making profits, instead i would advice you find a working strategy/daily signals as i have been with Mr Richard Bruce who is a Pro trader and also a signal provider. With his daily signals i was able to increase my 0.8btc to a total of 7.1btc within 5 weeks of active trade, which you would agree is a very good way of making profits. I would say don't sell, take advantage of this profitable season with Mr Richard Bruce daily signals. He can be reach via WhatsApp: +1 971 512 2836 and Instagram @richard_brucefx for inquiries for insights into all crypto related issues .....
They have to use pictures of yachts and cars for adds and like pictures of guys swimming in cash, that would attract that kind of clients.
The best part of RH is having 100% access to your money at all times vs trusting some financial advisor charging 1.4% fees every month and $ 19.99 front end and back end load fees for EVERY stock purchase and sale ( as mine did). My financial advisor did not even be the S&P benchmark.
Financial advisors are jokes. Only good ones are the ones that help with legal and tax part of finance.
The product has issues but atleast they are encouraging people to put their money in stocks rather than spending it on on electronics ect.
I made 100% this year in Robinhood without options. Great platform.
The most simplistic answer is that Robinhood is the first
Trading/Investing app thats user friendly. Notice how i said app not brokerage. Robinhood killed 2 birds with one stone. It made a historically very confusing and scary thing like finance, simplistic and did so in the most popular form via an app.
Robinhood doesn’t have the best trading hours, doesn’t have charts, doesn’t have the best
company/stock breakdowns, doesn’t have good customer support(it actually sucks),
doesn’t have a community /chat/comment section. Theres many more it doesn’t have, but what also helps it is the massive media coverage it gets. IMO WeBull blows Robinhood out of the water in trading hours, company/stock breakdown, user connectivity, customer support.
Salute to Robinhood for bringing more suckers into the casino and guiding them to the high roller poker tables
You’re the sucker. I’m up 60% of my portfolio and I’ve been in this business before covid
TheRedemptionRain as long you’re gaining money, yeah. That’s what they say in the gambling business too
TheRedemptionRain You have been trading for over a year and still haven’t doubled your original investment yet 😂. You could have doubled your money multiple times selling 🍭 and break dancing at the train station over the last few years. I guess at least your not in the negative. Jokes to the side 60% is a good run but it’s not profit until you sell. Cash in some of your profits. Growth is slow losses are quick
.... both the dumb things u listed to double your money take work guy investing is about letting your wealth work for u
Alrxander Stoop Researching PROFITABLE investments and following market trends is WORK, stressful work that takes time and requires risking capital that also required work to be earned and saved
Nice video , Stock investment is profitable everyday and investors are making good profits but its never too late to invest in stock
"it's easy, frictionless, and fun" we know what she likes
lmfaoooo
Robinhood is a pretty good platform if all you want to do is just invest , not gamble and expect millions.
I put a simple 400& and it’s almost at 800
Not to mention the free stocks you get if you invite friends.
It’s just simple save , hold and when your stocks go double , invest again and make more money.
It’s a slow building process but you get more the more you learn and read about it and the less emotions you put in it.
If it goes down just hold and it will go back up. That simple nothing complicated about it
How abt using 1M dollar to make a phone-line...like it took 1 months for a simple qs to solve through email
As an early retired investor I strongly support young people being encouraged into investing. The problem of people trading short term is not caused by Robinhood, but by the misunderstanding of how markets work. Long term investing is great, and provides a very nice monthly income for me. Day trading by amateurs leads to bankruptcy. The young traders will slowly learn how to invest. They will avoid the crooked sales brokers.
However, once you have accumulated a nice nest egg you do need to talk to a financial adviser about how to protect your wealth and minimise tax.
Won't it be a hoot when all these fractional share day traders go to do their taxes. I hope RH makes a printout option for all those short term gains and loses. I never understood why none of my brokers ever offer that.
skyak - most online brokers provide these, as it’s very easy to code, given that all trades are automatically recorded. It should be easily enough for Robinhood to then provide a rough trading tax estimate, once you note your state. That can then be taken to your tax accountant.
Or better still, if you have a sizeable sum, move your investing to a country with minimal tax on investing.
I’m Gen Z and decided to start using Robinhood. It’s simple and I consider it play money as my retirement and 401k is separate.
@Joseph Gutierrez Obviously, not every millennial uses RH. There are some that use the big guys for reasons.
I used to use RH, but I would reopen it for the play money aspect so it doesn't skew my long term holdings at Schwab.
Greatly appreciate to all the contributions that RBH traders bring to the market lmao
6:42 can't get over Jim Cramer's Reaction
21:31, there is no liquidity. That is why this happens. It happens to me all the time on TOS for stocks with low liquidity option. Sometimes, market maker does that too
The future
My man Greg Salazar representing
Very well balanced report CNBC taking all the sides into account.
It’s not gambling if you know what your doing
If they would pass that damned stimulus, I'm sure more people would jump in
Absolutely
@Kip Tucker take one for the team.
I'd be hard pressed to find anyone (average american) who's saved up enough money to see them through 8 months of unemployment. Heck, even huge corporations haven't been able to ride it out soooo
@Kip Tucker @Kip Tucker
Well Kip, I can spin your callousness right back at you. You saved all of your money and decided to live for the future instead of the present, Who's fault is that?
We are living in unprecendeted times Kip. You're an exception to the "rule", each person's situation is different; so you have to take a nuanced approach, instead of making blanket statements.
Also, I never claimed to be a socialist, but in reality this country has been flirting with socialist ideas since the 1930s, so this isn't anything new comrade.
Your delayed gratification was a gamble of your choosing; as you could drop dead tonight, and not get to enjoy not a penny of that money...
@@displayname6796 8 months is nothing. A ton of people have 1-2 years cash just sitting in their checking account. I see it all the time from those ATM recipts.
go, Pres, go!!!!
Robinhood affected a lot internationally. South Korea security companies also start getting rid of minimum fees althou trascaction fee still exist
If there’s no stimulus from reserves, where does the profit comes from?
48 hours for a change to be *initiated* to your monetary accounts isn't "very fast" unless you consider bicycling a fast mode of transportation between Canada and Argentina
I have been trading for about 6 months now and just about every trade backfires and slaps in my face . Nearly impossible for me to catch more than a few points . I try to do top down analysis but it doesn’t work for me . I say to myself , clearly I’m in the 90% that lose money , so I open a demo account, do my analysis , then take the opposite of what I would normally take and get the same result . I’m starting to feel hopeless, Any advice for a struggling trade ?
I watch youtube videos and take courses , baby steps but it works for me.
Your problem could be your stop loss is too close or you’re watching you’re trades too much . Place it and work away , I think you should look for a good and reliable mentor/adviser or you could give up , trading isn’t for everyone
@@ainsworthbryan6391 I think your over complicate it I will advice you not to give up. First of all there a lot of volatility in the market right now. Pick your time frame. Look at the time frame above it. Right away you should know the trend. Is it going up sideways or down. If it going up. go to next time frame and identify trend up sideways or down. For example if week chart says up. Day chart says down. Look for support and resistance line. If hour chart bounce off the day chart or weekly chart or both. The probability that it will go up. So you buy... now what if it didn't show signs of a bounce then you dont buy. If you bought and the trade turn against you at what ever your risk is then sell. If you just do this the the probability is on your side and you have a edge. Your new take it slow learn the basics use ema or sma lines. Learn Dow theory learn chaos theory. Learn economics and finally learn through trail and error. Remember is a craft and art. It takes time. effort
seek the guidance of a professional.
that’s amazing
I have both Robinhood and WeBull accounts. Had M1 Finance but they couldn't do simple things like change my bank account so I dumped them. Also have accounts with Fidelity and Edward Jones. Now even Fidelity is offering commission-free trades as well. Also have apps like Bits of Stock and Bumped that give me slivers of shares in companies that I make purchases from.
Let the young people invest / trade. It brings us one step closer to disrupting the sales oriented financial services industry.
You invest the money that you don’t need in case you lose it all.
Wait so robinhood takes some of your earnings? I don’t understand. I thought it was commission free.
It is commission free. It just means you don't pay a fee to the brokerage to buy a stock
No, robinhood gets a cut from the market makers for every trade--the source of the commission is the diff between the bid and ask prices.
It’s still less than what commissions used to be
1999 - 2000 reboot but TTID (this time it's different).. make sure to sell when the FED runs out of cash..
0:48 my fav
So many people hating on robinhood users. Well, there are millions of Robinhood users who are investing for long term.
5:30 is that Greg Salaazar? He is a tech tuber
It is him
I think what is the riskiest thing about this video is the Reporter's Ceramic Vase on top of the subwoofer next to the fireplace
People who start investing during this COVID bubble are going to have a rude-ass awakening when it finally pops and the FED runs out of money.
We’ll buy more stupid.
The FED can make infinite money, stupid.
Bruh you must have missed the 🚀 rocket ship🤣. It is not too late to invest.
Zhao W the fed cant make infinite money dum dum. They eventually have to pay back that debt or the economy can collapse.
CNBC you guys really gotta do some proof reading.
How did you get "Professional" wrong?
Hearing tech and IT people complain about complexity, really hurts my tech-minded soul... They are just fakers.
I was looking for this comment. I've used ETRADE for six years and Charles Schwab for one, and you'd have to be an idiot to not figure out how to place orders. These IT "professionals" are clueless saying Robinhood is easier to use than other platforms/brokers, as if they've ever used those other platforms.
13:10 -- lol :)
"I know how it works"... "probably"... "data migration" -- while infrastructure got simply DDoS'ed and it crashed because of too many people trying to reach it at the same time.. (which compounds since when it crashes more and more people is re-trying again, and again)
but yeah, let's stick with data migration!
I have been trading for about 6 months now and just about every trade backfires and slaps me in my face. Nearly impossible for me to catch more than a few points . I try to do top down analysis but it doesn't work for me . I say to myself, clearly I'm in the 90% that lose money, so I open a demo account, do my analysis, then take the opposite of what I would normally take and get the same result. I'm starting to feel hopeless, any advice for a struggling trader?
Your problem could be your stop loss is too close or you're watching your trades too much. Place it and walk away. Or you could just give up, trading isn't for everyone.
@@edmonddanvers902 Don't listen to him, don't give up. Trading takes time(months, even years) to master, even the pros learn everyday. Never the less, if you lose money no matter which side you take, maybe you need to look at how you are managing active trades rather than how you are entering them. My advice, find a mentor . And also, try incorporating the use of oscillators, Bollinger and pivot points into your strategy. And most importantly move to higher TFs(4h or 1D preferably), you'll thank me later .
@@kendrickmaslow3085 You're correct, I don't lose money every single trade, but my main problem is trying to let my runners run. Very rarely do I catch big moves . Instead they go a few pips in my direction, then go against me if when I try holding them. Also my entries could use a lot of improvement. A mentor would be amazing, but getting one is easier said than done. If it's not too much to ask, do you know any legit ones?
@@deloriaenterprise744 I know of one lady though, she is not a mentor per-se, but she is freakishly good at trading. From what I've gathered she used to work for a proprietary firm till she retired. Met her at one of those conferences, got to know her and we exchanged emails. Since she helped me, I've been making about $1000 bi-weekly. What I'm trying to say is the 5% of traders in the world that are consistently profitable are not on KRplus, they are just random/lowkey people no one even expects . Her name was Laura woods by the way.
@@kendrickmaslow3085 This is interesting i heard certain things about this Laura woods you speak about and her amazing strategy honestly , Does she accept beginners?
Excellent content CNBC
It's like "Zerodha" of US Markets 🔥🔥
How do these day traders handle their taxes? Every trade has to be recorded and cost basis maintained. I know the brokerage does a lot of this data collection but the tax form will be hundreds of pages long.
RH can be a great platform for swing or long time holders. RH is horrible for high frequency trading. And whats the difference between margin and a credit card or marker at a casino?
There's no investing on Robinhood, just speculation. Anyone who invested money into the stock market the past 8 to 10 years made gains.
@Big Tymin in 10 years nothing will change as I still wouldn't care who you are.
@Big Tymin @Quan Nguyen Hey instead of boasting about your envious income you guys should see who's the best investor by mentoring someone else and not only can you prove that you're a better trader but you'd also be changing someone's life for the positive.. like me mentor me! I'd thank you and pay you back a percentage ;) aha who am i kidding im a hypocrite until i put in the work my self. maybe when I save up a couple thousand from a regular (shudders) 9-5 job..
2:00 what other brokerage firm offer free trading ?
Great job
I'm glad to see the average joe becoming more interested in financial markets, however...
What percentage of the people interviewed will be "invested" in 12 month?
What percentage of the people interviewed and sitting in profits after trading fees??
What percentage of the people interviewed are aware of opportunity costs??? etc.
Call me crazy, but savings money =/= investing money.
If you're still reading this, good luck on your investing journey :):)
Can I buy Robin Hood shares? Not shares using Robin Hood.
Why is CNBC promoting Roobinhood ? Hmmm... something to think about.
asking the real questions
Have two trad accounts if you trading with Robinhood, in case of another blackout.
robinhood is a lil TOO simplistic for me. I prefer M1 Finance, because of the whole pie thing. It's much harder to understand your allocation on Robinhood.
Robin hood needs to go global
the only fault of robinhood in all of this is the outages. Other than that, its all user error if they are trading irresponsibly or accumulating losses. I use robinhood with a long term mindset and the platform is perfect for that.
The death of that young kid was really unfortunate, I sincerely wished he asked someone or posted a question on reddit before doing this, or just waited until Monday morning as it would have been automatically handled. This situation is a common question I see on Reddit. It is very important that you learn options very well and how to handle assignments before trading advanced strategies. I have had negative account balance many times and I knew very well it will be settled on the following Monday. I recently started my own youtube channel in an effort to provide beginner friendly options education.
Let us make money !!! Those "long term investment ppl are not liking it 😢
I have to admit that even with zero commissions, the odds are not in the favor of the investors using it. The big boys are armed with better equipment, information, communications etc. They can move quicker and take advantage of an opportunity faster than some random guy in his living room. By the time your average Joe acts, the market will have already moved out of his favor.
If I ever open a RH account I am going to run it in a window that records every trade time and execution in a blockchain.
love robinhood!
Who else is here after Gamestop?
Yo me
I prefer m1 finance for long term
Robinhood for day trading
You know what's a weird flex? 4 hard drives stacked on your desk
I don't think you know what flex means.
The reality of it is the taxes as position on profit
Robinhood is literally the next Facebook.
All of this controversy and gamified day trading is not going to stop and they are going to get stuck in this business model like how Facebook and Twitter is now
Now CNBC needs to create two more videos. One about Webull and the other one about Dough.
Okay I'm sold... Download app now well internet is low so ... Not today
It’s always my dream that I could open account in robinhood cuz I’m NOT US residents/citizens ,I wish they accepted the non US citizens who has US bank account someday
RH guys reading this: please come to Brazil.
Would'b great..
Loose all your money. It's great for everyone else in the market👍
Yes Davey Day Trader!
The options feel like I'm at the casino i prefer long-term
Isn't this partially how the Great Depression started. Uninformed investors speculating the market.
If you're talking about the GFC not quite. That was more about banks doing the wrong thing by selling securities that had subprime mortgages tied to them. All this new trading activity could result in inflated stock prices though and yes that could be bad later down the track.
@@Spacemonkeymojono, the 1929 one.
@@Spacemonkeymojo you jackas, learn to read!
USAball Thanks.
The bigger issue was that companies lied about financial and other data and there wasn’t an SEC there to enforce rules. So it wasn’t necessarily investors’ faults that they didn’t know what was going on.
These robin hood beginner traders made the first mistake of being in the stock market: if you're a beginner in the stock market, invest, don't trade.
Apple product placement str8 from beginning ;(
Which phone is this? 5:03