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WSB traders uses Robinhood Margin exploit to buy a $1,000,000+ position from $4K in actual funds
Instantly email Robinhood saying you would like to exercise the option. Infinite Robinhood money exploit? User account menu. On the WallStreetBets Reddit page, one user claims to have a stock worth $1M after a $4K deposit, through the Robinhood bug. You shouldn’t recreate this. Reddit user /u/MySabonerRunsOladipo summed up how users took advantage of Robinhood's flawed system. Official r/Robinhood Discord Server: https://discord.gg/Robinhood (It's where the people who aren't garbage are most of the time)--Standard disclaimer: The content in this thread is for information and illustrative purposes only and should not be regarded as investment advice or as a recommendation of any particular security or course of action.
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Initially you get I think up to $1000 worth of money transferred to Robinhood available for immediate use, after that you have to wait a few days unless you have the … Log in sign up.
Here's how much money each has amassed through the hack. Buy FD call (in the money) at market open.
Another user, who confirmed this in a … A Reddit user who exploited Robinhood's "infinite money" glitch told Business Insider he found it "exhilarating," he was "well aware of the risks," and he would do it again if he could, only faster. log in sign up. new. hot. Although it may seem that they had magically appear in their account using this exploit, it looks they actually lose money. Press question mark to learn the rest of the keyboard shortcuts. Join.
386. pinned by moderators. Press question mark to learn the rest of the keyboard shortcuts. Death to Robinhood. What's up with the Robinhood glitch, the r/wallstreetbets going crazy and the user u/ControlTheNarrative going bankrupt with it? Less than one month after Robinhood closed one "infinite leverage" loophole, a trader on the WallStreetBets sub-reddit claims to have found a new exploit on …
Here’s how the trade works. So the email doesn't matter. A Reddit user who exploited Robinhood's "infinite money" glitch told Business Insider he found it "exhilarating," he was "well aware of the risks," and … According to reddit user TheDrallen this isn’t the first time a WSB trader exploited this loophole.
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Say hello to the future of trading r/ RobinHood. I also look at it where robinhood might not have fees but 120 bucks a year for free trading, instant deposit of 2k tradable if you are getting cash into your account, + PM/ AH trading access easily trumps other online brokers and is worth the 2k margin risk. Robinhood, a pioneer of commission-free investing, gives you more ways to make your money work harder. A stock-trading Reddit forum has minted a group of hall-of-famers who best exploited Robinhood's 'infinite leverage' glitch. I’d be lying if I said I wasn’t proud. I’d be lying if I said I wasn’t proud. A Reddit user who exploited Robinhood's "infinite money" glitch told Business Insider he found it "exhilarating," he was "well aware of the risks," and he would do it again if he could, only faster. Press J to jump to the feed. If your option is up, great, simply sell it, Robinhood is unable to exercise the option if you sold it first.
Break Free from Commission Fees Make unlimited commission-free trades in stocks, ETFs, and options with Robinhood Financial, as well as buy and sell cryptocurrencies with Robinhood Crypto. This is Robinhood’s shitty risk management and you never realize these gains. This is Robinhood’s shitty risk management and you never realize these gains. That being said - we are on path for the 4th time Robinhood has to release a patch/implement new rules to their platform due to one of y’all. They made it, and ControlTheNarrative lost it all in a very public defeat. Robinhood, the investing app, is coming under fire after Redditors found a glitch in the app that allowed users to trade an infinite supply of borrowed cash - …
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You shouldn’t recreate this.
Users of Robinhood Gold are selling covered calls … r/OutOfTheLoop: A subreddit to help you keep up to date with what's going on with reddit and other stuff. User account menu. Death to Robinhood. Many, many, many of my readers have emailed and tweeted about a Robinhood exploit that goes by the charming and accurate name “infinite leverage.” Here’s a Reddit user called ControlTheNarrative who claims to have gotten 25x leverage on his trading; that is, he put in $2,000 and turned it into about $50,000 worth of stock.
ControlTheNarrative had taken an initial investment of $2000, used a glitch in Robinhood to rack up over $50k and then bet that against Apple making their earning report. Press J to jump to the feed.
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A Guy on Reddit Turns $766 Into $107,758 on Two Options Trades. card. Wait 30 min (We expect Robinhood to respond in about an hour) Check to see if the option is up.
r/RobinHood: Say goodbye to commissions... And hello to the future of trading.
That being said - we are on path for the 4th time Robinhood has to release a patch/implement new rules to their platform due to one of y’all.
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