So I had to use Robinhood today because my funds were not available at E*Trade, and guess what? $MDGS was not available for trading on Robinhood. I was on top of it, had an entry and exit point, everything exactly as I planned, but was not able to trade it. Otherwise I would have made at least $1000 in less than 5 minutes.
Lesson for today: DO NOT USE A SHITTY BROKER, even if you have to.
Posted Jul 27, 16 10:36 AMbyAvafa
Categories
Trading Mistakes
Also, anyone here have clarity on number of trades allowed through Robinhood if using only cash and not their Instant feature.
There is no other broker out there i can think of (unless papertrading) where u can actually trade/practice with real money AND tiny amount, (like trading with 100 bucks for pure entry/exit practice). I think its better practice because of real money on the line and plus, u can actually keep ur win, instead of giving it back via commissions. @royalRv Yea man its unlimited trades, no PDT rule for cash accounts, u just gotta wait for the funds to settle after a trade. About 3days i think
Great, Thanks. No clarity all over the internet.
Welcome. Ha yea, gotta dig deep for simple answers xO
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