Re:Robinhood stock trading app confirms $110M raise at $1.3B...
by mywittyname on Wednesday April 26, 2017 @11:59AM
(#14204148)
Retail investors are essentially paying a few pennies more per share in order to trade commission free. I think that's a good deal.
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Re:Robinhood stock trading app confirms $110M raise at $1.3B...
by taylorwc on Wednesday April 26, 2017 @04:20PM
(#14206601)
I completely agree with this. I'm willing to take a few pennies hit because of HFT front running my order if it means I am saving several dollars per trade in commission. Especially when you first starting out with a tiny amount to invest, the commissions of normal brokers decimate any returns.