r/RobinhoodTrade

Hi all, I have some questions regarding the strategy of buying SGOV or other stable stocks to get dividends that can help offset the gold fee by using the 1k interest free margin. I understand how the margin works, however, am wondering what exactly happens when the dividends are paid. Can i just transfer the paid out dividends and it will keep the 1k margin? Or will it immediately try to pay off the margin “loan” with that? I would assume I could just transfer it out, and it is back to having the full margin loan. I know you can turn on DRIP to just buy more stock, but i’d like to just have the little extra cash.

Got a call from "Google" saying account was compromised (which it was). They told me to resecure my account and any other accounts affialeted with that email.

Couple days later I get a call from "Robinhood". Hey, someone's accessing your account, we can do this over the phone or Google meet. So I go to my Google meet with them.

They start sending me images of a photo of my DL THAT I TOOK YEARS AGO, my ss# and my bday, in a fake text exchange with them and someone trying to get in my account(all fake). I say that wasn't me. So they go on to say we need to move funds to a secure account (rh wallet)while they do a criminal investigation.

While im downloading the wallet I see there's a ton of rh feather notifications. THEY SOLD ALL MY POSITIONS RAPID-FIRE! They had access to my account. So anyways, they tell me I'll get an 8 word phrase, dont share it(I didnt), and to transfer my funds into there (they also tried 15k in ACH transfers from bank). I did, and the rest is history.

Summary: These guys had everything on me. I feel like they were monitoring my keystrokes. I have no idea how else they got into my account. Or how they knew my rh wallet passcode. The idea that RH would let two people in from two different locations doesnt feel right. I dont know I would've fell for it if they weren't making changes in my account simultaneously. Just sucks.

Does anyone have any referrals left they can spare me for the Gold Card. Would be insanely appreciated.

Let's sumarize the GameStop events

Rejection and disappointments.

GameStop buys Bitcoin as a treasury reserve asset, which added risk as Bitcoin drops.

GameStop made a $56 billion offer to buy eBay and eBay rejected it.

Wall Street questioned how GME could not fund such a massive deal 100% accurate.

Investors assumed more debt + more dilution would be needed and this added downward pressure on the stock.

Ryan Cohen forfeited his CEO pay package to pursue the bid because he was losing support.

Cohen is losing the eBay deal and looking to team up with eBay most likely because he's concerned that the investment with eBay will tank.

What now? GameStop continues to dilute the stock and take our money, with no real plan ahead. Will Cohen sell his shares on GameStop and move on? There is no evidence of that, but if dilution continues, eBay partnership fails and retail sentiment collapses it could happen. Especially if he believes the turnaround is no longer viable.

Will Keith Gill return because on June 2, Gill posted a screenshot on Reddit showcasing his massive stake in GameStop. The post indicated that he held 5 million shares at an average cost basis of $21.27 each, making him one of the company’s largest investors. This revelation marked his first activity on the platform in over three years.

Will the warrants finally have real value if the eBay deal completely falls apart?

The biggest excuse I hear from GME stockholders is that you don't lose money until you sell. Technically, it's not a realized sale until you make the sale. So its technically accurate but far from the truth . I recently posted that I lost 11 grand in a day with GME and the comments puzzled me to a point, but I wasn't surprised because the story is always the same.

Unrealized may not be a sale, but it's a loss. You're holding a different value. It could be a temporary markdown or a permanent loss. Regardless, a loss is a loss no matter how you look at it. This is something investment firms lead you to believe so you don't pull your money out, and they tell you it's not a loss until you sell. Maybe you should look at your statement from your broker because it shows a loss.

If your broker, the entity that actually holds your shares, treats a drop as a real reduction in collateral value, that's pretty strong evidence that the market has already repriced your position. The "unrealized" label is an accounting convention, not an economic shield.

Try to leverage your account and borrow directly from your broker using your holdings as collateral, and as soon as it drops, you get a margin call. Why do you think that is? Margin calls are real. They don't wait for a recovery.

The "you haven't lost until you sell" line gets weaponized by the industry because it keeps assets under management. It's the financial equivalent of "the house always wins if you keep playing." For a day trader or someone sitting on a broken thesis, it's dangerous denial.

So yeah — if you're looking at your statement and you're down $11K, you're down $11K. Calling it "unrealized" doesn't change your net worth today. The only question that matters is whether you think the position recovers, and whether your capital is better deployed elsewhere. Everything else is semantics.

I've only been trading on Robinhood for a few months, and I'm starting to think I should be keeping a trading journal instead of just checking my P&L at the end of the day.

I'd rather build good habits now than look back six months from now and realize I've been making the same mistakes over and over. For those trading on Robinhood, what journal are you using? I'm looking for something that's actually easy to keep up with long term.