ELI5: Robinhood stock trading

mollywhop

🤙 Dick was moist as fuck 🤙
OT Supporter
Feb 13, 2020
37,515
Blue Ridge Mountains
I can't help with this but I did find a random acorns account I made a while back just to collect extra change from one of my credit cards and now it's got like 1200 bucks in it so that's cool I guess
 
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s2k

s2k

OT Supporter
Oct 8, 2002
47,644
corn field, iowa
what's the catch? difference between this and other trading platform? why is it getting more popular? i've hear some peeps on fb saying they've made money off of it
 

fatmoocow

bored
OT Supporter
Aug 27, 2002
21,484
the intarweb
what's the catch? difference between this and other trading platform? why is it getting more popular? i've hear some peeps on fb saying they've made money off of it
The advantage is that total retards who don’t even know what stocks are can be trading penny options on margin in like 3 minutes.
 
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Sp33dealer

Bully Troll Crew
Aug 3, 2005
51,869
DFW
I don’t consider myself an investor but my financial friends have a strong opinion against RH, hth
 

jared_IRL

OT Supporter
Feb 12, 2006
12,638
shit, is robinhood bad? I've advised some family/friends to get on it as an easy way to start buying stocks and learning how the market works.

One friend has a kid who wanted to get into trading as part of a school project, so I told his dad to set up a robinhood account and toss a few bucks in there for the kid. I think it was working out well for everyone, haven't heard any complaints.
 

whatever

OT Supporter
Feb 18, 2004
218,574
shit, is robinhood bad? I've advised some family/friends to get on it as an easy way to start buying stocks and learning how the market works.

One friend has a kid who wanted to get into trading as part of a school project, so I told his dad to set up a robinhood account and toss a few bucks in there for the kid. I think it was working out well for everyone, haven't heard any complaints.

until he leverages himself to -60690093092099
 

Scaramanga

I don't know what my usertext says
Dec 10, 2001
8,098
USA
shit, is robinhood bad? I've advised some family/friends to get on it as an easy way to start buying stocks and learning how the market works.

One friend has a kid who wanted to get into trading as part of a school project, so I told his dad to set up a robinhood account and toss a few bucks in there for the kid. I think it was working out well for everyone, haven't heard any complaints.
I put $6,000 in Robinhood for shits and giggles and now it’s at $7,500 :dunno:
 

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