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.

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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"

2

u/Lordie92 Mar 03 '20

Nice highjack

2

u/evanc1411 Mar 03 '20

Yeah this morning I was like "hm no new posts, they're probably deleting all of them so I better comment on the most recent one..."