STAY AWAY ROBINHOOD. Business model solved.
Aug 17, 2020
16 Comments
Robinhood is not a tech company. It is Wall steet. It is meant as a way to take money from tech workers.
High frequency traders are front-running your orders and hitting stop loss orders on options and lower volume stock trades.
Securities Information Processor (SIP) price is what decides National Best Bid Offer (NBBO). This is slow because it aggregates prices and HFT is front running this price. You are taking the loss tech workers.
https://www.google.com/amp/s/www.nasdaq.com/articles/the-answer-to-memx-2020-07-06%3famp
See the link to below for reputable brokers such as Tradeststion. Use IEX exchange to be 100 percent sure.
https://alphacution.com/robinhoods-trailing-stop-orders-extreme-profitability-by-design/
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