What kind of trader are you

[rsot]

Originally Posted by cpadhk07

One lac (also spelled lakh) means one hundred thousand (100,000) USD.

I talk about Funded Account which provide 5K USD account only 40$-60$.
As i am a Intra dray Trader i don't like Funded account. I prefer own money to execute trade in Kill Zone (Asia, London and New York) with Technical and fundumental analysis.

I don't inspire anybody to forex market. coz its a risky job. without "Technical and fundamental Analysis" no body can win in this market.

Work those options too cpadh

[agent006140]

Originally Posted by rsot

Work those options too cpadh

You can trade options on Robinhood.
There was this 28 years old kid who played options with his Robinhood account,one day he received an email he needed to come up with over 100,000 dollars for his option trade.
He does not understand how option works,sending email or phone call to customer service get him nowhere.
He does not have $100,000 nor does his family,so he went to lie down on the railroad track,his family is suing Robinhood.
Dunno how it ends??

[agent006140]

Originally Posted by rsot

Does Robinhood only focus on US markets or has option for other markets?

no, Robinhood does not allow direct trading of foreign stocks on non-U.S. exchanges for U.S. retail customers. However, investors can access some international securities through American Depositary Receipts (ADRs)

[agent006140]

Traders thrive on volatility,they are getting plenty now/

[rsot]

You use Robinhood agent? Any success stories on your end versus "There was a guy or a kid..."?

[agent006140]

Originally Posted by rsot

You use Robinhood agent? Any success stories on your end versus "There was a guy or a kid..."?

No,I do not have a Robinhood account nor do I have a railroad track in my neighborhood.

[rsot]

Then you're not a trader with experience - understood, good to clarify

[agent006140]

Plenty of traders do not trade on Robinhood,institution traders do not trade on Robinhood.
I think once Robinhood site was down due to heavy traffic\ and some traders lost money ,so they are suing Robinhood.

[yotano211]

I have Robin hood only for their 3% cash back credit card. I use that card the most, maybe 98% of all transactions, I always pay it within 1-2days when it posts, not at the end of the month.
i don't like large bills.

[agent006140]

AMEX gives me 6% for grocery,Citi gives me 5% for restaurant,and BAC gives me 3% for online shopping.

[Brayanpop]

Long term investments only. no crypto

[rsot]

Originally Posted by yotano211

I have Robin hood only for their 3% cash back credit card. I use that card the most, maybe 98% of all transactions, I always pay it within 1-2days when it posts, not at the end of the month.
i don't like large bills.

Nice little perk to use and no balance left with interest on top - good move