If you’re looking for some free stock tips and information, then you’ve definitely come to the right place. This article will be your guide to stock trading with Robinhood. Robinhood is a stock trading company that uses a unique system to provide its members with stock picks. The great thing about Robinhood is that it gives you free stock picks every week, and it’s completely free to join.
Robinhood operates in a rather simple system. First, you must join the referral program. Basically, Robinhood Prioritizes the most popular, highest-volume stocks being traded on its automated platform to send its new customers. In most cases, the top priority is given to large, market-cap stocks that have high daily trading volume.
Once you’ve joined, you’ll be sent an email describing two related bits of information: where to get free stock from Robinhood, and where to get started investing. After receiving these two emails, you’re all set to go. On the main page of Robinhood’s website, you will see a column of picks. You simply click on one of the picks, and the company will complete a trade for you. It won’t even charge you a penny!
This system has made a lot of people a lot of money, so it follows that it’s also very easy to make money as well. It’s definitely true that you won’t get a million dollar investment from this method, but if you can manage one hundred dollars per day, you should be able to get close to a thousand by the time you stop trading and stop taking commissions. And that’s assuming that you choose the best-priced shares – which you will want to do since some of them pay more per share than others. There are lots of cheap stocks out there, but they won’t pay you anything near what the more expensive stocks will.
Now, let’s talk about how you get new customers. When you refer friends and family members to Robinhood, you get a percentage of their profits. The larger your circle of friends and family members, the bigger your potential for profit. If you’re willing to open up your home office and give a Robinhood broker service a call, you could potentially earn hundreds of dollars each week. That’s because you won’t have to spend all of your profits on commission fees. Instead, you can use a portion of each new customer sale to pay back your broker.
So that’s it in a nutshell. If you’re looking for an easy, low-risk way to get started investing or trading, give Robinhood stock a try. With no minimum balance, no minimum deposit and no commission fees, there’s never been a better time to get involved in the market. You’ll be able to find low-cost and high-quality trading stocks that you can trade comfortably with no risk, and when you’re done, you’ll have enough cash to open another Robinhood account and possibly run another practice trading session without ever touching your margin account.