If you are using Robinhood as your trading platform, you have a "Robinhood Instant" account by default. With a Robinhood Instant account, you have instant access to up to $1,000 in deposits for trading and you can trade with unsettled funds. This type of account also grants access to options which require a margin account.… Continue reading How to Change Your Robinhood Instant Account to a Cash Account
Tag: Stock Market
The Basics of How to Read Candlestick Charts for Trading Stocks
If you're interested in trading stock, it's very important to learn to read candlestick charts. Candlesticks convey much more information than any line chart, and that information is instrumental in calculating entries and exits for your trades. Here are the basics of properly reading candlesticks. A candlestick represents four points of price information and the… Continue reading The Basics of How to Read Candlestick Charts for Trading Stocks
How to Withdraw Funds from Your Robinhood Account
Whether you are making the switch to another broker or just moving profits to your bank account, it's important to know exactly how to withdraw your funds from your Robinhood account. First, you need to make sure your funds that you want to withdraw are fully settled otherwise you will need to wait a few… Continue reading How to Withdraw Funds from Your Robinhood Account
3 Simple Ways You Can Start Creating Passive Income Today
Passive income is something everyone needs to works towards, and the sooner you start, the better. With an income stream that is passive, you can reach your financial goals faster, save for retirement, pay down debts, or have a safety net when the economy goes south (think pandemic)! A big misconception about passive income is… Continue reading 3 Simple Ways You Can Start Creating Passive Income Today
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