Robinhood stock trading app confirms $110M raise at $1.3B valuation

Re:Robinhood stock trading app confirms $110M raise at $1.3B... by szirka on Wednesday April 26, 2017 @10:58AM (#14203515)

I would be pretty surprised if they introduced short selling. There's no question that a good chunk of Robinhood's user base are novice investors. Those that do not understand short selling may land themselves into a lot of a hot water. There may be measures RH could take to prevent novice users from dangerous short selling plays. I'd be curious to see how they introduce it.

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Re:Robinhood stock trading app confirms $110M raise at $1.3B... by traviswingo on Wednesday April 26, 2017 @11:07AM (#14203579)

I actually emailed support about this a while back and was told it's on the roadmap.

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Re:Robinhood stock trading app confirms $110M raise at $1.3B... by GeneralMayhem on Wednesday April 26, 2017 @11:05AM (#14203564)

They could introduce put options, at least.

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Re:Robinhood stock trading app confirms $110M raise at $1.3B... by rl3 on Wednesday April 26, 2017 @11:09AM (#14203595)

Just so they offer some form of betting against the market. I don't care how.

Creating beta-neutral systems with Robinhood would then be possible.

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Re:Robinhood stock trading app confirms $110M raise at $1.3B... by pmalynin on Wednesday April 26, 2017 @01:55PM (#14205334)

(Not trading advice, yada yada)

Well,

The way I approach betting against the market is inverse leveraged ETFs. If you want to bet against S&P 500, ProShares has a 2X inverse offering, and you can probably balance it with 3x leveraged gold JNUG / JDST as they track the market.

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Re:Robinhood stock trading app confirms $110M raise at $1.3B... by rl3 on Thursday April 27, 2017 @04:13AM (#14209984)

Nice, I never knew inverse ETFs existed. Thanks for this!

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