By Matthew Makowski It wasn’t too long ago that Robinhood upended the investment world with its commission-free trading app. The move triggered a whole bunch of other brokerage firms to follow suit. But there are still lots of regulations when it comes to day trading on Robinhood.
This budget-friendly brokerage firm has quickly amassed a user base of more than 10 million users. And they are an active bunch. An estimated 50% of users who have made a trade use the app daily. And 90% of users open up Robinhood at least weekly.
But there’s a big difference between checking in on your money …read more