I suppose it's more of an indictment of trading stocks in the hands of a newbie, but RH is customized for newbies (low cost trades, fractional ownership, gamifi

I suppose it's more of an indictment of trading stocks in the hands of a newbie, but RH is customized for newbies (low cost trades, fractional ownership, gamification) without (anecdotally) all some of the guard rails that more mature brokerages have. Also, I've read that RH has/had "a bug" (as described on Reddit) where an inexperienced trader could overleverage. I can't see how this risk profile is profitable for RH, especially if they specifically aim to have a large portion of the newbie trader market.