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Robinhood's New Feature: Track Your Realized Profits Like Never Before! (Realized Profit & Loss)

Robinhood's New Feature: Track Your Realized Profits Like Never Before! (Realized Profit & Loss) 🚀 Robinhood just launched an incredible new feature that lets you track your realized profit and loss returns over various timeframes! In this video, I’ll give you a quick demo of how it works and explain why it’s a game-changer for tracking your investments. Robinhood customers can view realized profit and loss (P&L) information for all trades since January 1, 2024 using a new P&L tool. The tool allows users to: Analyze, sort, or review trades by date, time, symbol, or profit and loss amount Robinhood customers can also access custom account activity reports and monthly account statements within their Robinhood account settings. Robinhood also offers a Chrome Web Store extension that displays a summary of Robinhood trades, including: Profit and loss of each stock traded Stocks, options, dividends, stock/option fee, margin interest, and subscription fee Robinhood's average cost calculation is used to estimate unrealized profit and loss, but it's not intended for determining realized gain or loss for tax reporting purposes.