How to Use Robinhood - How to Buy Stocks
How to Use Robinhood - How to Buy Stocks
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To start, let's begin by researching a company's stock on Robinhood. You can simply search for a company and go through its stats.
Under each stock you look up, you can see the current, opening, and closing price as well as 52 weeks' highs and lows and P/E ratio, and dividend yields.
You can also see the market cap, which is the valuation of the company.
You can buy stocks using the market price option, limit order, and a few more options.
Now that we know what stock we want to buy, we need to deposit some money into our account.
You can do a $1000 Instant transfer. Any larger amount will take up to 3 days. You can click buy on a stock and it will ask you to deposit money.
To sell stocks, click on a stock that you bought and you can click trade. Trade allows you to buy more and sell some or all the stocks.
If you are new to investing, buying stocks, or the Robinhood app, here is a good resource for learning more.
https://learn.robinhood.com/
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