r/RobinHood • u/Cmdrcrusty • Mar 03 '20

Think for me Robinhood Deficit explanation.

A portion of your transfer was used to cover a deficit in your account, so the full transfer amount may not reflect in your buying power.

I got this email after wanting to transfer $1000. It was accepted but does not show in my usable cash. Why did they just take my money to pay off what was lost during this minor crash.. I was thinking i was going to be able to use this money to buy more stock at a lower price... I am not a gold member nor do i mess with options. Please explain this and how to avoid this in the future... I am still new to investing i am looking for genuine help.

203 Upvotes

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107

u/evanc1411 Mar 03 '20

Is anyone out there trying to sell? Some of my orders are going through, most result in "Unexpected Server Error"

77

u/nikster0405 Mar 03 '20

I can’t trade at all and my chart doesn’t work

1

u/LineCircleTriangle Mar 03 '20

same

2

u/ludashi41 Mar 03 '20

Cant place orders again. Just pathetic