Yes, some people have gotten rich from Robinhood. For example, one Robinhood user turned $250,000 into $400 million by investing in Tesla stock. However, it's important to note that these are the exception, not the rule. The vast majority of Robinhood users do not make money, and many lose money.
Oct 17, 2023
People also ask
Is it safe to have 100k in Robinhood?
Has Robinhood ever made a profit?
What is the maximum profit on Robinhood?
Has anyone ever gotten rich from stocks?
Alex Kearns started trading stocks on an app called Robinhood in 2018, two years before he threw himself in front of a moving train.
Jul 8, 2020 · Richard Dobatse, a Navy medic in San Diego, dabbled infrequently in stock trading. But his behavior changed in 2017 when he signed up for ...
Jan 15, 2019 · Yes, it is really free, but obviously the company makes money. The way they make money is somewhat technical and irrelevant to most longer ...
Jan 26, 2018 · Here's my story of going from $53k -> $100k in two years. I started out losing a ton of money in the first two years, then stopped trading ...
Dec 2, 2021 · A young retail trader explains what it's like to make the retail trade from hell. ... I was 26 and stupid. I had arrived in the U.S. when I was 18 ...
Aug 22, 2021 · For Chad Byers and Susa Ventures, writing a six-figure check to Robinhood turned into a career-altering move.
Dec 11, 2017 · What's his secret? It's simple, says Buffett: “My wealth has come from a combination of living in America, some lucky genes, and compound ...
Feb 10, 2021 · There's no safe way to get rich quick with the stock market, but you can make a lot of money by investing strategically. By doing your homework, ...
Mar 15, 2024 · Robinhood generated $1.86 billion revenue in 2022, a 37% year-on-year increase · The stock trading app reported an annual net loss of $540 ...