Robinhood Uncovered: The Reality of This Platform

 
August 3, 2020
 
A Classic "Win-Win" Situation
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Robin Uncovered
Traders, lately I've been cheating… I've discovered another trading platform besides Robinhood, and I have some thoughts…

But, I want to save those thoughts for my next video -- be on the lookout for that Friday.

Today, I'm focusing on the crux of Robinhood, and one of the things I really love about it -- free commissions.

I spend tens of thousands of dollars a year on trading commissions, and Robinhood takes care of that like nothing.

But at the same time, it also does this.

Is it worth it?
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Stew On This: Data Shows Economic Trends Take a Long Time to Cook
For a few months now, I've been writing about how drastically the global economy has slowed down. We saw it in China's data... we saw it in Europe's data... we've seen it in U.S. mobility data… the list goes on.

But like mutton, these things take a long time to cook, and it was only a matter of time before we saw that weakness officially show up in U.S. economic numbers.

Well they're here, and it's bad… U.S. Gross Domestic Product is down 32.9% year over year.

That is the worst print in history.

Let's put that in perspective
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"I've been on-board for less than 3 weeks and started trading your recommendations… Working with a very small amount of capital (<$25K), I've done my best to trade the options you recommended. So far, my belief that you "have the right stuff" have been completely justified.  I would not have even considered any of the picks you selected – nearly all were winners… I've realized an overall return of over 25% in two weeks.  This would not have been possible without your picks.   Needless to say, I'm thrilled and hope that your recommendations will continue to be so helpful"

David R.

The Profit/Loss Ratio acts like a scorecard for an active trader whose primary motive is to maximize trading gains. The profit/loss ratio is the average profit on winning trades divided by the average loss on losing trades over a specified time period.


















 
 
 
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