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re: Robinhood app
Posted on 3/3/15 at 9:26 am to Ari_Gold
Posted on 3/3/15 at 9:26 am to Ari_Gold
Have anyone's trades slowed to a crawl through the app? My buys used to go through instantaneously but it's gotten to the point where it takes forever for a trade to go through. Kind of removes a lot of the luster of the app for me if it essentially prohibits the quick buying and selling of stocks.
1
Posted on 3/3/15 at 9:33 am to Louie T
quote:
Have anyone's trades slowed to a crawl through the app? My buys used to go through instantaneously but it's gotten to the point where it takes forever for a trade to go through. Kind of removes a lot of the luster of the app for me if it essentially prohibits the quick buying and selling of stocks.
I haven't noticed this. Have you paid attention to your fill spreads? Are they getting wider?
I figured they would start doing this more noticeably to take $$ off the top.
This post was edited on 3/3/15 at 9:34 am
Posted on 3/3/15 at 9:36 am to STLhog
When I'm trading stuff that's volatile, yeah. The allure for me was to be able to fiddle with volatility and goof off with attempting to time the market.
I don't want robinhood for a buy & hold, but that's what it's turning into given execution times.
I sent an email to see if there's a tangible explanation.
I don't want robinhood for a buy & hold, but that's what it's turning into given execution times.
I sent an email to see if there's a tangible explanation.
This post was edited on 3/3/15 at 9:41 am
Posted on 3/3/15 at 9:47 am to Louie T
quote:
When I'm trading stuff that's volatile, yeah. The allure for me was to be able to fiddle with volatility and goof off with attempting to time the market.
I don't want robinhood for a buy & hold, but that's what it's turning into given execution times.
The whole fee-less day trading thing is kinda of a double edged sword.
I personally wouldn't trust the bandwidth of Robin Hood, let alone their fill rates for doing anything significant or an attempt at high speed.
I feel like there's probably some algo/russian sitting at a desk somewhere picking off everyone's trades making a killing.
Posted on 3/3/15 at 9:56 am to STLhog
I just have a tiny amount in the account so it's no big deal if I get ripped off. I thought it was worth a shot.
Just aggravating when you buy $100 worth of something at 8:35 this morning & it goes up 20%+ after you submit your buy but the buy still hasn't gone through.
Just aggravating when you buy $100 worth of something at 8:35 this morning & it goes up 20%+ after you submit your buy but the buy still hasn't gone through.
Posted on 3/3/15 at 9:59 am to Louie T
quote:
Just aggravating when you buy $100 worth of something at 8:35 this morning & it goes up 20%+ after you submit your buy but the buy still hasn't gone through.
shite, what are you buying?
And what platform are you using? Iphone on Wi-Fi?
I haven't had any problems like that so far, try restarting your phone or something, if you haven't already.
Posted on 3/3/15 at 10:12 am to Louie T
quote:
I just have a tiny amount in the account so it's no big deal if I get ripped off. I thought it was worth a shot.
Just aggravating when you buy $100 worth of something at 8:35 this morning & it goes up 20%+ after you submit your buy but the buy still hasn't gone through.
I only do limit buys on Robinhood, even if my limit is the same as the current market price.
I haven't had any issues with lag in purchases, but I did notice that the "market" prices aren't always up-to-date (so I put in my buy at the price listed on a real-time source, not what Robinhood is showing as Market).
Posted on 3/5/15 at 11:16 am to Ari_Gold
My initial application finally got approved. Post your email if you would like the invite code.
Posted on 3/5/15 at 11:37 am to studentsect
quote:
Just aggravating when you buy $100 worth of something at 8:35 this morning & it goes up 20%+ after you submit your buy but the buy still hasn't gone through.
theres a lag time on robinhood in the morning. you cant actually buy anything until about 8:40-8:45 (CST). After that, orders go through instantly.
I don't know why this happens, but it does.
Posted on 3/5/15 at 4:34 pm to white perch
I keep getting pushed back in line. I understand people move up for sharing, but I've tried sharing multiple times and I'm getting no where. 
Posted on 3/5/15 at 4:46 pm to studentsect
quote:
I only do limit buys on Robinhood, even if my limit is the same as the current market price.
I haven't had any issues with lag in purchases, but I did notice that the "market" prices aren't always up-to-date (so I put in my buy at the price listed on a real-time source, not what Robinhood is showing as Market).
Exact same everything for me, word for word.
I like playing around with this app. I'm doing pretty well so far. After 9 days I'm averaging a 2.4% gain per day just by trying to time the market like someone else mentioned.
Posted on 3/5/15 at 4:47 pm to tigerbaittrick
Posted on 3/5/15 at 4:47 pm to tigerbaittrick
Posted on 3/5/15 at 4:56 pm to studentsect
They send me a set of invites every single time I make a trade
Posted on 3/5/15 at 5:07 pm to Croacka
Thanks guys. Reviewing my application now. Excited to check this thing out.
How long did it take for them to review your applications?
How long did it take for them to review your applications?
This post was edited on 3/5/15 at 5:13 pm
Posted on 3/5/15 at 5:17 pm to tigerbaittrick
quote:
Thanks guys. Reviewing my application now. Excited to check this thing out.
How long did it take for them to review your applications?
I feel like it was one day at most.
Posted on 3/5/15 at 5:20 pm to tigerbaittrick
quote:
How long did it take for them to review your applications?
The review was only a day or two ,but then you need to verify your bank account which takes a few days, and then you need to transfer funds into the account which takes a few days.
Going back to my emails to see the timeline...
Feb 12 - Submitted my application
Feb 13 - Accepted
Feb 13 - Added bank account
Feb 19 - Confirmed bank account
Feb 19 - Initiated fund transfer from bank account
Feb 23 - Funds cleared and I was able to trade
This post was edited on 3/5/15 at 5:21 pm
Posted on 3/5/15 at 6:19 pm to TDawg1313
How do you use an invite if you already have an account and are waiting in line? When I click an invite link it takes me to a get started page.
Posted on 3/5/15 at 6:37 pm to DukeSilver
I just used the same information I used while I was waiting in line.
Posted on 3/5/15 at 9:20 pm to tigerbaittrick
I do that and it says my username is already in use?
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