How it works
Five things happen.
You only do the first.
Phoebe runs on its own servers, so this sequence continues whether or not your phone is open.
YOU
Write your plan
In plain English: what you are investing for, what makes something worth buying, what should be ignored, when to want more confirmation. Then set a daily budget, a cap per position, and how often it may buy.
EVERY MORNING
It researches
Before the market opens, Phoebe reads the companies in view — filings, price history, what moved overnight — and notes any price zone worth waiting for, with its reasoning written out.
ALL SESSION
It watches
Each zone is checked about once a minute while the market is open. Nothing else happens during this time, which is most of the time.
WHEN PRICE ARRIVES
It decides, then buys
It looks again with fresh information, checks every one of your limits, and either buys or writes down why it did not. You get a notification after the fact.
AFTER THE BUY
It protects, then sells
The moment a buy fills, the position gets a stop below it and three targets above. Each target it reaches moves the stop up — first to what you paid — and at the last one it sells. If the stop is hit instead, it sells and says why.
What you actually do
Setup runs once and takes a few minutes: sign in, connect your Robinhood Agentic account, choose how much Phoebe may spend a day, and allow it to invest within those limits.
After that, the app is something you read rather than operate. The home screen shows what is being watched, what is held, and where each position's stop and targets sit. The journal shows every decision, including the days nothing happened. Both are read-only by design — the only things you change are your plan and your limits, in Settings.
What it will not do
- It will not ask you to approve each purchase or sale. You agreed to the limits once; it works inside them.
- It will not lower a stop. Stops move up as targets are reached, never down — a position that is ahead is not allowed to close below what you paid.
- It will not exceed a limit, even if its own analysis says it should. Limits are enforced separately from the reasoning.
- It will not short, or use margin, ever. Neither is available to it.
- It will not move money. Transfers, deposits and withdrawals are outside what it can do at all.
- It will not liquidate because you turned it off. The switch stops new buys; positions already under a stop keep it, and nothing is sold just because you flipped it.
When something is wrong
If your broker connection expires, if the market data goes stale, or if your plan cannot be read, Phoebe stops placing new orders and tells you. The safe state is always to do nothing new. If a position's stop cannot be watched for any reason, the app says so on that position in plain words rather than letting you assume it is covered.
The same applies before you have finished setting up: with no budget set, nothing is ever bought.
Ready to hand over the whole job?
We plan to open early access on iPhone on October 30. Join the waitlist to hear when it opens.