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A comment on Amazon engineer will let strangers manage his $50,000 stock portfolio 'forever'. Parent comment

Re:Amazon engineer will let strangers manage his $50,000 sto... by adt2bt on Thursday July 06, 2017 @07:07PM (#14714703)
He'll just cut the stream<->robinhood connection, there's nothing from robinhood on down that will save his $25k.
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Re:Amazon engineer will let strangers manage his $50,000 sto... by stockstream on Thursday July 06, 2017 @07:14PM (#14714737)
Actually, there kind of is. It will stop you from placing trades if you daytrade with less than that. Your account will be suspended.

https://support.robinhood.com/hc/en-us/articles/217072366-Pa...

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Re:Amazon engineer will let strangers manage his $50,000 sto... by dragonwriter on Thursday July 06, 2017 @07:21PM (#14714776)
Stopping you from trading on the account doesn't protect the value in the account (and makes it harder for you to take action that would protect it, too!)
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Re:Amazon engineer will let strangers manage his $50,000 sto... by abofh on Friday July 07, 2017 @11:14AM (#14718956)
Typically you're forbidden from increasing your equity loan on a margin call - closes are completely fine (So you can buy shorts, or sell longs, but the inverse is against the rules). I've never used robinhood, but I've been declared a PDT before.
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