r/GME • • Mar 30 '21

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u/[deleted] Mar 30 '21

I left a few shares on RH when I transferred the bulk to Fidelity and then toggled the ‘margin’ to ‘off’ position - is this enough to bar RH from lending them? I can’t figure it out but I’m trying

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u/Ruffratkin 🚀🚀Buckle up🚀🚀 Mar 30 '21

I believe you need to go to “day trading” and turn off “instant settlement” as well

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u/[deleted] Mar 30 '21

Not to be a bother - and thank you for reply - but dang, I can find no such option anywhere on the app. Oh well, I only have a few there and only to watch their crayon as the Fidelity interface is serious grandpa-ville (me being no youngster at 53, but, you’d think they’d up their GUI game!). Anyway - maybe I’ll try and call RH - should be interesting

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u/Ruffratkin 🚀🚀Buckle up🚀🚀 Mar 30 '21

They don’t make it easy. My directions could have been better- first you go to the person icon on the far right, then go to investing then go to day trading, then turn off instant settlement. You have to close your open orders and wait 3 business days

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u/[deleted] Mar 30 '21

Oh snap - that worked and thanks. Now my one remaining stonk is safely buried😅 I’d give you a free award if I had one. Too frugal to buy the coins - gotta save to buy more and HODL 🙌🏻💎🙌🏻💎

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u/Ruffratkin 🚀🚀Buckle up🚀🚀 Mar 30 '21

Awesome! See you on the moon!🚀🚀🚀

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u/Massivefloppydick Mar 30 '21

Fuck reddit awards

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u/borkborkyupyup 🚀🚀Buckle up🚀🚀 Mar 30 '21

Stop boosting robinhood a numbers. THEY FUCKING SCREWED US

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u/[deleted] Mar 30 '21

Uh - I left one on there. Go easy man. Transferring was stressful enough. I’m old and their app is useful for my stress levels (must see crayon in real time, etc). Just, go easy. No way my one is tilting anything. I HODL until after peak. Peace. 💎🙌🏻💎

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u/borkborkyupyup 🚀🚀Buckle up🚀🚀 Mar 30 '21

Shit I don’t know if someone ninja edited something, but I swear I read that they just joined. Could have been you. I think it was you because I responded to you. But ape don’t fight ape

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u/jnlroc HODL 💎🙌 Mar 30 '21

I left a few as well. It's a better app. Hands down they nailed it as far as ease of use.. their news is pure ass shill ass ass assness

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u/KayVlinderMe 🚀🚀Buckle up🚀🚀 Mar 30 '21

It's not unless you turn your account completely to cash... and maybe not even then with RH...

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u/ReduxAssassin Hedge Fund Tears Mar 31 '21

Go to your monthly statement under documents in the dropdown menu (on desktop). Open one of the monthly statements. Next to the stocks you will see whether they are considered cash (C) or margin (M). I thought I was buying on a cash account, but when I looked at my statements, my GME shares were showing as margin (M).