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re: Robinhood yay or nay
Posted on 10/3/18 at 6:01 pm to Wade Phillips
Posted on 10/3/18 at 6:01 pm to Wade Phillips
Ok, so if there is a lag would I be saved by pre-setting the amount I want to buy and sell for?
Posted on 10/3/18 at 6:17 pm to Chop77
I wouldn't know how to make an apples to apples comparison with a more established fee-based trading platform, when the concern is split second execution. My guess is that RH loses and you could sleep better executing large trades on a Schwab type platform. RH continues to improve every few months and has come along way in the time I've been a customer. I expect that to continue.
RH works great for me, as I'm investing in what I think are good companies to perform over the long haul. If I'm panic selling and praying it goes through, something has gone very wrong for my strategy and I would prefer to be paying whatever fee to be on a more established platform.
RH works great for me, as I'm investing in what I think are good companies to perform over the long haul. If I'm panic selling and praying it goes through, something has gone very wrong for my strategy and I would prefer to be paying whatever fee to be on a more established platform.
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