Investing Simple Logo
Get 1 Free Stock Worth Up To $200 From Robinhood!
Sign up with Robinhood, deposit any amount and get 1 Free Stock. It takes less than 3 minutes to sign up and claim your Free Stock Bonus.
Earn 5.00% APY with M1 High-Yield Savings Account
M1 Plus members can earn 5.00% APY on their deposits with no minimum balance required.
Webull free stock promotion
Get Up To 5 Free Stocks From Webull
Open a new Webull brokerage account today and deposit any amount of money to receive 5 free stocks. Webull offers commission free stock, ETF, option and crypto trading.
Written by Cho Evelína on March 31, 2023
FTC Disclosure: Some of the links on this site are affiliate links. Read our full disclaimer here.

Can You Be Successful With Robinhood In 2023?

Robinhood is a brokerage platform that has become popular over the past few years.

With no commissions, fractional shares, and easy-to-use mobile app, it has become a popular platform for many traders, especially millennials.

The big question is whether you can be successful with Robinhood.

What Is Stock Market Success?

Success in the stock market is often defined as beating the market, or the average return of the S&P 500.

However, this is just one way to define success. There are other ways to achieve success, such as holding dividend stocks to provide income without being concerned about the annual return of the portfolio.

It is possible to be successful with Robinhood if you pick a strategy and stick to it.

However, trading in and out of stocks without a plan is unlikely to lead to success.

Success on Robinhood comes from a combination of good strategy and discipline.


One way to make money on Robinhood is by holding stocks that pay dividends.

You can then reinvest the dividends to earn compound interest, which can result in significant gains over time.

Asset Appreciation

Besides this, you can earn money by asset appreciation. This means you sell something for a higher price than you purchased it for.

While you can also technically make money with Options trading and other strategies offered through Robinhood, most people are not successful with these and end up losing up to 100% of their invested capital.

Read our full article on how to make money using Robinhood here!

Final Thoughts

In conclusion, it is possible to be successful with Robinhood if you have a strategy and discipline.

Don't forget to grab your free stock worth up to $200 from Robinhood today!

Article written by Cho Evelína

Read more

Power Your Investing

Choosing the right product and service is essential for your investing. Here are some of the tools and services to help your portfolio grow.
Robinhood provides an easy-to-use free trading platform for beginner investors. Robinhood has $0 account minimums. Get a free stock when you open an account below.
Try Robinhood
M1 Finance
M1 Finance offers a free investing platform where users can build portfolios of stocks and ETFs. Users can also choose from a variety of pre-built portfolios offered for free.
Try M1 Finance
Passively invest in private real estate deals with as little as $10. Fundrise allows you to own residential and commercial real estate across the U.S. starting at a 1% annual fee.
Try Fundrise
Copyright © 2018 – 2023 Investing Simple LLC. All Rights Reserved.
Investing Simple is a financial publisher that does not offer any personal financial advice or advocate the purchase or sale of any security or investment for any specific individual. Members should be aware that investment markets have inherent risks, and past performance does not assure future results. Investing Simple has advertising relationships with some of the offers listed on this website. The information on Investing Simple could be different from what you find when visiting a third-party website. All products are presented without warranty. For more information, please read our full disclaimer.
Website managed by Stallion Cognitive™

Get 1 Free Stock Worth Up To $200 From Robinhood!

Don't Miss This Opportunity!

Investing Simple readers can claim a free stock from Robinhood worth up to $200 when they open a brokerage account and deposit any amount.

For US Residents only. Investing Simple is affiliated with Robinhood, and we may earn a commission when you sign up for Robinhood.

linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram