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I have no idea what you base this statement on. You are absolutely likely to go to zero by continuously making market trades as a retail investor. Every trade h
by ultraluminous 7y ago
I have no idea what you base this statement on. You are absolutely likely to go to zero by continuously making market trades as a retail investor. Every trade has two sides and the side you're trading against is for the most part significantly better informed than you. That's why Robinhood makes its money by selling their 100% retail order volume.
- mooreds 7y agoDo you have a source for the Robin Hood statement?
- fastball 7y agohttps://www.investopedia.com/articles/active-trading/020515/how-robinhood-makes-money.asp https://www.investopedia.com/articles/active-trading/020515/...
- mooreds 7y agoOr https://www.bloomberg.com/news/articles/2018-10-15/robinhood-gets-almost-half-its-revenue-in-controversial-bargain-with-high-speed-traders https://www.bloomberg.com/news/articles/2018-10-15/robinhood... .