Internet daytrading in the 1990s was an early version of Robinhood. You no longer needed to place trades with a broker intermediary. Commissions dropped from 3

Internet daytrading in the 1990s was an early version of Robinhood. You no longer needed to place trades with a broker intermediary. Commissions dropped from 3% to $8 a trade. I know people who retired into daytrading, grad students who invested their living stipends In daytrading. Things calmed down during the 2002 recession.