Re:Robinhood stock trading app confirms $110M raise at $1.3B...
by rl3 on Wednesday April 26, 2017 @11:58AM
(#14204132)
>More importantly, retail investors are not professionals, and Robinhood is basically catering to /r/wallstreetbets with this sort of product offered to them.
I agree with this and never asserted anything to the contrary. The scope of my reply was addressing a single point concerning margin in context of professional traders.
Also, the statment that most returns "far exceed 5%" probably wasn't the best choice of words. I've edited my original post accordingly.
I agree with this and never asserted anything to the contrary. The scope of my reply was addressing a single point concerning margin in context of professional traders.
Also, the statment that most returns "far exceed 5%" probably wasn't the best choice of words. I've edited my original post accordingly.