How to Buy and Sell Stocks on Robinhood (Beginner App Tutorial)

How to Buy and Sell Stocks on Robinhood (Beginner App Tutorial)


in today’s video I’m gonna quickly show
you how to buy and sell stocks using the Robinhood app which is so easy to do
but there’s a few things that you need to understand first I’ll briefly explain
how they’re free sign up shares work and then I’ll also show you how to lightly
research a company using Robinhood then I’ll show you how to buy and sell stocks
using Robinhood’s so that you can see for yourself how easy it is to do
they’re not the best choice for every type of investor but if you do want to
get free trades and have a really easy platform to use then definitely try
Robin Hood now if you just found this channel I’m Jason with honest finance
and I make a lot of videos on different topics that’ll give your life and your
finances more value so definitely subscribe if you’re into this type of
content but now let’s just hop onto my phone and I’m gonna show you how to buy
and sell shares using Robin Hood okay so once you’re inside the app the way that
the free stock thing works is just if you refer someone to Robin Hood using
your special link then you get a free stock and they get a free stock so it’s
just kind of a win-win and I did leave my referral link in the description so
if you guys want to use that then you can get a stock and I can get a stock
but really if you’ve got friends that are already using Robin Hood just use
their referral link because then you guys can both benefit from it and the
cool thing is is once you’re signed up then you can do the same thing so I’ve
got a free stock here for inviting Samuel so thank you Samuel
this is how it works you just claim the free stock and you’re gonna choose one
of these three question marks just like a stupid Las Vegas thing and then you
scratch it out and we’ll see so it looks like I got sprint which is worth 571 and
honestly I have never gotten anything over ten bucks but that’s my luck I have
had some guys in the comments tell me that they’ve got shares that are worth
over a hundred bucks so maybe you’ll be one of the lucky ones but I haven’t been
so far and then before I get into all the research stuff I do want to let you
know that with the free shares you can’t actually sell those stocks for three
full trading days so just keep that in mind and then if you ever do want to get
your cash for them you have to wait a full thirty days and those are the full
rules for that kind of stuff so if you do get a free share just keep in mind
that those are the two rules with them but that’s about it so as far as
searching for a stock let’s do that right now I’m just going to look for
Pepsi because I know that I don’t own them
I’ll show you guys how to do some quick research on robhinhood so you can just
type in Pepsi if you don’t know the ticker symbol and you’ll be able to find
it so right here PepsiCo PEP is the ticker let’s go into that and it looks
like they are trading at 120 709 right now the markets closed so you’re not
going to see any fluctuation so anyways 127 oh nine is what they’re at per share
this is just looking at a one-day graph by default so let’s move it over to a
five-year this is as far as we can go on Robinhood which honestly is good but I
wish that they could go back further and I would even say ten years would be good
but lifetime is really good as well so we’re gonna look at Pepsi over the last
five years and just by looking at this graph on a very basic basic amount of
research it looks like they are a very healthy company from the looks of this
chart however it does also look like they’re probably overvalued just like
the rest of the stock market that’s just how everything is right now
it’s everything is very expensive so looking at this one 2709
the whole saying buy low sell high you’re definitely not doing that right
now you would be buying high but if you do more research and you just feel like
it’s just gonna keep going up then go for it maybe now is the time to get in
but honestly I would wait for a correction and then put your cash into a
company but that is just me so anyways the stats that Robinhood gives you if
you scroll down just a little bit you can see some basic stats on the last 52
weeks the open the high and the low for the day but really I am just looking at
the two on the bottom right which are the p/e ratio and the dividend yield and
this still doesn’t give you much information but it does at least give
you something the p/e ratio is the price to earnings ratio which is basically how
much a cost per share is relative to how much money they’re actually making so
this is basically saying that a share right now is 14 times more expensive
than what they’re actually making and typically I like to have the p/e ratio
as low as I can get it but it all depends on the industry that you’re
looking at too because if we checked coca-cola and theirs was a 20 then
Pepsi would actually be looking better than Coke but that’s how you’d be
looking at the p/e ratio and honestly I just say
anything below 15 is probably a little bit better on your side looking at those
kind of numbers so and then the dividend yield this is just how much they’re
gonna be paying you as far as a percentage of the shares per year to own
them so 3.25% is what they are currently paying based on the current numbers so
if you bought a share for 127 bucks then throughout the year probably four times
a year from Pepsi they are gonna pay you a quarter of that
3.25% and so those are the two numbers that
you can look at with robhinhood and then if you check down here they’ll also have
different articles and things you can check on just to see if maybe there’s
some more information on the type of information that you’re looking at so
and then we’ve got the analyst ratings 36% say by 60% say hold 4% say so this
is as basic as it gets I wouldn’t even look at any of this kind of information
but they do have it there if you want to look at it they’ve got their earnings
right here based on how everything’s looking you can see the dark grey dots
those are what we were expecting and then it looks like we were actually a
lot higher than that so those are quick indicators on the quarterly results to
tell you how the company’s doing relative to what people thought they
were going to be doing so that’s good as well you keep scrolling down you can get
people also bought so just you know making it easier for you to find other
companies that people were buying as well as Pepsi and then it looks like
they have little lists of stocks that you can look in and then they’ll have an
about PepsiCo which they’re not going to give you much information here just a
short little snippet of what they do what they own how many employees they
have and all that stuff and that is as deep as you can go on Robinhood and
honestly if you guys want to learn how to research stocks more than that you’re
gonna have to check a lot more resources so that you can learn a lot more about
it but you can start with Yahoo Finance and you can also go to the investor
relations relations pages on the actual websites anyways you can go directly to
the companies themselves or you can go to Yahoo Finance and that’s what that’s
what I would recommend you do so anyways let me show you now how to buy and sell
a stock on Robin and this is so easy let’s buy Pepsi
right now for one 2709 so we’re just gonna click buy right down
here on the bottom right and we’re gonna say one share and so I actually know how
much money I have in my account if you look up at the top it says 3383
available and that is because that’s how much cash I have available and the
reason I’m doing this with a more expensive shares because I want to show
you what’s gonna happen as soon as I hit review it is gonna have
a pop up come up and say I don’t have enough money but it says you can deposit
9961 and you can make this deal happen now the cool thing is is that Robinhood
by default will let you instant deposit money up to $1,000 so that you don’t
actually have to wait for it to get into your account because typically it’s
gonna take three days just to get the money into your account so if you want
to trade some stock really quickly and you want to make it happen now you can
up to a thousand bucks and then if you do the Robin Hood gold thing for five
bucks a month then you can actually up that all the way up to fifty grand as
long as you have enough money to back it in your actual assets so that’s how that
works it’s telling me right now that I need 9961 to make this happen and I
don’t want to do that right now because I’m not actually gonna make this happen
but let’s go into another company and show you how this works or you know what
actually we can just do the same thing here let’s pretend that I did want to
buy one share of Pepsi for a hundred and twenty 709 that is the market price keep
in mind and a better way to do this is if you look up at the top right there
are these order types click that I wish that they made it more conspicuous but
they don’t so click this right here and you’ve got your different types of
orders that you can set which are a lot better than just buying things that
market price so the one that I like to do is called a limit and what this does
is it makes it so you just set a maximum of what you want to buy the share at and
that’s what it’ll buy it at so it’s trading at 127 let’s say that it was
moving quite a bit during the day you could set that to 125 and if you feel
confident that it’ll move to that amount within the day then you can get it for
125 and the cool thing is about that is that if you’re buying a lot then that
can actually save you some money and if it doesn’t hit the number then oh well
try again the next day I suppose but let’s do 120 okay I know that’s not
going to hit 120 today for sure or tomorrow but we’re gonna continue and
we’re gonna say market hours only and here’s the cool thing we can do this
through the next trading day that’s good through 2:00 p.m. Eastern
Time or you can actually set a 90-day period so you can actually keep that
limit then it will automatically by however many you told it to at that
price and that will hold it for 90 days so
it’s almost like you can let it automate for you and make it a lot easier to do
this kind of stuff so that’s how you do it at this point you just hit continue
and then you’d say execute so now I’ll just hit review and you guys can see for
yourself I have to put in 86 17 to make this
happen and I’m not gonna do that because I don’t actually want to do this right
now but that is how you would buy a share and if you do have enough money in
your account obviously the warning won’t pop up and you can execute the order and
that is how it works now as far as selling a share goes it is the exact
same thing so let’s go into something that I own here I know that I own some
four chairs so let’s go on the Ford F is the ticker symbol okay so if I own some
it’s gonna say trade looks like I own five shares of Ford by the way it has
been like the lousy isnora stock ever I’ve owned them for like three years and
I haven’t seen anything happened with them look at this five year track record
it is just in my opinion I don’t really have any worries about the company
themselves but it’s definitely just a downtrend
anyways let’s see so we’re gonna trade some shares of Ford we just hit trade
and in this case we want to sell and let’s say that we want to sell two
because I know that I have five and it tells me right up at the top how many I
have I have five shares available market price 948 if you’re happy with that go
for it otherwise you can do a limit order just like I did earlier and you
can set a limit for it all that fancy stuff and that makes it a lot better so
anyways that how you do it and you just hit review
and then right here where it says swipe up to submit boom as soon as I swipe up
it executes and it is over with and keep in mind that if you do set limit orders
you can cancel them at any time you want you’re not locked into anything but if
you do if you do buy something at market price and the markets open then you are
definitely going to have things happen very quickly and you can’t get out of it
but you can cancel the other kind of stuff anyways that’s all I hope you guys
enjoyed this video and I do have another video that’s a review on Robin Hood that
goes into a lot more detail on a actual perspective of using the app for a
couple years that I think you guys would be interested so I’ll show that over
here you can click on it watch it and feel free to subscribe if you guys want
to anyways thanks that’s all

Comments

  1. Post
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    Lupito Lira

    My brother is investing on Robinhood and I was immediatly intrested. I'm trying to learn doing research, especially when I'm unemployed full time college student.

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    David Santos

    I actually do a 3:1 ratio one stock i belive is a upcomming trend money being shifted from my good stocks and the 2 being index stocks (my good stocks)i really like this ratio i have a way to get sure decent dividends with a nice chance to get some sweet money from the wildcard.

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    André Tengblad

    is it possible to use the app if i'm born i sweden. the app dosen't exist in the swedish appstore. i tried to download the app trough an amarican appstore acount but i still need to have US driverlicens/passport in the app.

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    Adrian Tylier

    Since I joined Trading,I’ve learned a lot. I didn’t learn only from Lukasz Wilhelm and the moderators, but also from the people in the chat. the pre-market preparation with and the swing trade analysis . I’m glad I made the decision to join the IQD Momentum strategy team!

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    Kao Yang

    Started trading for a while now. Big loss and huge gains figuring the stock market. My portfolio started with only $500 and now little over $4k. Day trading and holding.

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    Emily Howe

    Trading is only beneficial you go with professional technical know how. You can’t expect to hun in the market and earn profit immediately. It’s a gamble that requires experience and expertise. I’m grateful to madam Nancy Berman Epstein. Her method has been profitable trade after trade. make research on her and find out more and a direct way to get through

  22. Post
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    Consuela Allen

    This is foreign to me. I've watched several videos and didn't learn anything. Lol! But you explain it so well ! Thank you! Subbed!

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    ike R.

    So with the free stock. If I want my cash I can’t sell it for 30 days? Or I can sell it but can’t withdraw it for 30 days

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    TheGrimSton3

    I doubt this will get answered but are u allowed to invest less than a share in anyway? Maybe not thru robin hood?? It might be a stupid question but I'm just starting out and I want to invest money in large companies but I don't have enough for a full share…

  29. Post
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    Kathryn Gibbse

    guys don’t spend all your money trading stocks on your own… you need to have a beautiful foundation to know what you are doing..don’t waste your hard earn money…someone had to say this….

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    Superstitious Climate Clown

    I can make it quicker.
    Are you a complete moron?
    If you answered yes, good job, you qualified, you can buy and sell stocks (just after citadel front run you) for free – JUST KIDDING you'll get the biggest spreads possible from market makers you dimwit – on the Robinhood fking app. A fucking app. For investing. On a phone. ffs.

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    Purify

    I’m about to turn 15 and I’m trying to become a millionaire by my mid 20s from investing in stocks and assets. Can’t wait to turn 18 and actually enjoy investing into things I find that will be profitable. Thanks a lot for the video. At the moment I’m just researching so when I turn 18 I can be a professional for investing in either stocks or assets of other companies!

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    Graceboss

    I really love how do you explain Robin Hood… I am on the road going to hurt for a year and I never figure out some settings… thanks a lot

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    Terell Chapman

    Okay some I’m trying to get on this app and start investing but everytime I try to log into my bank account it say “go to the website,complete required actions that are present and reinitiate a sync” what do I need to do?

  44. Post
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    Daniel Jones

    Investing in bitcoin and cryptocurrency is the best form of investment anyone can carry out now. Sometimes when we’ve got the money we want to use in investing in something, we lose focus and then spend or invest the money wrongly. The reason why you should invest in bitcoin and it’s technology is that crypto is really changing the economy of nations that approaches the technology and that way being an early adopter will give you an edge over others that would buy into it late. While looking at the growth rate and the opportunities it presents, why not look into it and rethink about the particular investment you wish to make now.
    Bitcoin really changed my life because I invest in it the right way and one thing that really gives me joy is that I also learned the concept of trading from a professional in this field to accumulate and hold more bitcoin.
    Why bother watching several videos on YouTube without getting the right information you are really in search for. Let a professional in this field tutor you on how to start your crypto journey the right way. My first month using Richard Johnson strategies and signals, I get over 300% profits. My 3BTC gave me 9BTC in return. Looking into this month, what exactly have you actually achieved? Why not take that one step right now and contact Richard Johnson at [email protected] and believe me he’d change your portfolio status.

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    Dan declan

    I see People always asking“how can I earn from bitcoin or make good profits from bitcoin investments?“
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    – Here’s some advice “ Don’t think or act like the average person except you want average results “
    Investing in bitcoin is the fastest way to attain great wealth when you invest with a legit paying platform that guarantees profits both daily and weekly. It would be adviceable to start with at least $2000 especially if you are a beginner and you are scared of the risk involved. For those that have been trading with legitimate platforms, it’s better you invest with 50% to 75% of your profit because bitcoin will be a diamond price this December till the end of the year. Contact Mr. Richard for more info via 📧 : [email protected]
    Don’t miss this mind blowing opportunity. Thought someone might need this information.

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    Future Awesomess

    If I come back in another lifetime, I really hope I get to meet Marilyn Su Thuyen again, she is the best, I have no idea how else I would have made a million dollar off my $345,000 investment.

  62. Post
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    Deborah Min

    So once u purchase the stock do i have to keep buying or its there until i sell them? How is this work? Sorry i am very slow learner.

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    WotDemolisher

    Has anyone else noticed how Robinhood is ripping everyone off they say they are commission-free I beg to differ go try to buy some cryptocurrency make sure you're paying attention to the actual stock market on your computer while buying the cryptocurrency on your phone you will notice that when you buy the crypto you can even look at the price on one screen and then click by to go to the other screen and the price will jump up about 10 to $0.11 they have a very good algorithm which they can pretty much pinpoint what the price will rise up to and they will sell the stock to you at that price you might get lucky for it to go a few pennies over and you get some small change. Then if you try to sell the stock they will sell it to you about $0.10 $0.30 below the actual stock market value. They are illicitly ripping everyone off

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    Luh Trin

    I understand but I’m still a little confused. So when I buy a stock, I get a certain percentage when the stock reaches the amount that I bought it for? And when I sell a stock, it gets sold when somebody else buys it for the amount that I sold it for?

  73. Post
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    aoluwasegun

    Plsss what’s the difference between the affiliate link and the Robinhood referral link. Can I use the two links or just one

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    Nik Zirbes

    hey, really liked the video explained lots to me, how do you determine when to sell your stock is the question do you think that buying and selling in a short time period is more effective than buying a stock and holding it.

  77. Post
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    Michael Felton

    Hi,
    Maybe you can help me jason. I got a schedule B notice to give them a copy of my SSN. However I can not find anywhere to upload the info. Can you point me in right direction?

  78. Post
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    Lola rose Beasley

    You're exceptional, being able to anticipate the next price movement or the market behavior for any asset will give you a considerable investment advantage and increase your dividends substantially, we all should learn from an expert. wonderful video.

  79. Post
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    chris s

    So i was looking at stocks like uber and lyft, neither one has a p/e is it because it's so new? Still learning the app but your video and the comments helped a lot so far

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    Ivan Pena

    Do you have a video on how to track profits for tax season or is that done automatically by Robinhood? Also when I sell will I get my money straight to my bank?

  81. Post
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    Ivan Pena

    Also can someone with a full time job get into stocks? Do I have all day to buy and sell or does it have to be done when the stock market opens?

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    Eric Garcia

    Someone please correct me if im wrong but i thought anything with a p/e ration under 10 was bad atleast that's what I've read in some books

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    Chaika? Yes, Chaika. Chaika

    how do you buy from less known companies? it''s always apple, netflix, pepsi but they already got pretty high.

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    crazy4cake1114

    Say I am selling a stock worth 10$. If I set a limit order to 15$, will it auto wait and if the company ever reaches 15$ it’ll sell?

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    henry Gardner

    insightful information… my first million ever was trading stocks as a beginner with the help of Mrs Nancy Berman Epstein who handles my investment portfolio… she is getting recognized in the US

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