Robinhood and How to Lose Money

Re:Robinhood and How to Lose Money by AznHisoka on Monday July 20, 2020 @06:46AM (#23896532)

I love Robinhood as a product (simple, easy to use) but agree it’s advantages also can lead to recklessness.

For me, I simply delete the mobile app for my phone and use another app to set price alerts. This prevents me from overtrading and obsessing over the markets everyday.

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Re:Robinhood and How to Lose Money by p7hwfizeONj on Monday July 20, 2020 @06:16PM (#23902444)

Do you have a recommendation for price alerts? Both E-Trade and Robinhood don't notify me immediately when a price target or percentage change is hit. A 90 day limit order does execute quickly enough but it isn't exactly what I'm looking for because there might be new information that would have made me not want to buy.

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Re:Robinhood and How to Lose Money by AznHisoka on Monday July 20, 2020 @06:30PM (#23902563)

I use Fidelity. You can probably open an account there with nothing in it, and get price alerts for any security.

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