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What's your overall opinion of Robinhood?
Posted on 8/26/15 at 1:13 pm
Posted on 8/26/15 at 1:13 pm
I know its only app based but what else do you guys like and dislike?
This post was edited on 8/26/15 at 2:14 pm
Posted on 8/26/15 at 1:21 pm to yankfand
Cutoff titles?
I can't stand them
I can't stand them
Posted on 8/26/15 at 11:21 pm to yankfand
Bumped for a few answers please
Posted on 8/26/15 at 11:33 pm to yankfand
I feel that the interface is too simple, I'd like to have more data and options. Also, I'd like if they would allow shorts, puts, etc. The three day crap when you sell a stock makes it difficult to day trade unless you have money already on the sidelines.
Posted on 8/27/15 at 12:07 am to yankfand
quote:
overall opinion
Meh.
Posted on 8/27/15 at 7:24 am to GoldenD
quote:I read somewhere that they plan to offer that in the future. I mean they only just launched their android app and they can't be a big operation yet
Also, I'd like if they would allow shorts, puts, etc.
Posted on 8/27/15 at 9:12 am to GoldenD
quote:
feel that the interface is too simple, I'd like to have more data and options. Also, I'd like if they would allow shorts, puts, etc. The three day crap when you sell a stock makes it difficult to day trade unless you have money already on the sidelines.
It free. If you want fully robust system, you have to pay.
Of course it has shortcomings, it's free!
Posted on 8/27/15 at 9:34 am to yankfand
It's great for the purpose I use it for.
At $7.99/trade fees, I only make large trades with minimal risk.
With Robinhood, I can make $500-1k trades and get in and out of investments without worrying about commissions.
It's allowing me to develop my trading skills and research more companies.
At $7.99/trade fees, I only make large trades with minimal risk.
With Robinhood, I can make $500-1k trades and get in and out of investments without worrying about commissions.
It's allowing me to develop my trading skills and research more companies.
Posted on 8/27/15 at 9:58 am to Toula
I've learned more about trading over the last 8 months with robin hood than I ever would have learned at $7 a trade
Posted on 8/27/15 at 10:51 am to GeeOH
I understand that, just pointing out some of the shortcomings as asked.
I wouldn't mind paying for the app, say $5-$10, for a more robust interface. And for the trading options, I would be fine with small fees like $1-3 per trade. Since this is primary used for "play money" and learning by lots of people, they would have to keep fees low to not eat into profits for the non standard trading.
I wouldn't mind paying for the app, say $5-$10, for a more robust interface. And for the trading options, I would be fine with small fees like $1-3 per trade. Since this is primary used for "play money" and learning by lots of people, they would have to keep fees low to not eat into profits for the non standard trading.
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