4 ms·

That's not true at all. There are many better alternatives. I have no idea why people would choose Robinhood besides superficial nonsense like 'it has the best

That's not true at all. There are many better alternatives. I have no idea why people would choose Robinhood besides superficial nonsense like 'it has the best UI'.

randomsearch 6y ago
UI and UX matter and can be killer features.
- pandeiro 6y ago
  yeah, I wish there was something with a similarly smooth UI that could do custodial accounts for children
paulpauper 6y ago
On twitter I noticed that much of the heat against the CEO has died down. I think most people have forgiven him.
- clipradiowallet 6y ago
  I think all that heat was driven by uneducated (market-wise) people furiously commenting to elected officials with a similar lack of market-related education. After some education, the angry masses realized that the CEO had nothing to do with anything that affected them. They just paid some market tuition.
  - nodesocket 6y ago
    Indeed, it was easy for politicians to try and capitalize on the event (stock market rigged for the rich saga) when in reality it was financial regulation that caused RH to have to stop allowing buy orders in GME.
    - user3939382 6y ago
      > it was financial regulation By “financial regulation” do you mean capital requirements being set by unknown individuals at the DTCC according to a formula that is unknown to the public and, by his own admission, even the CEO of Robinhood himself? I don’t know what I’d call that but it’s not what one typically thinks of as financial regulation.
ska 6y ago
> besides superficial nonsense like 'it has the best UI'. The idea that UX/UI on a consumer oriented product like this is "superficial" seems bizarre to me.
BlueGh0st 6y ago
Randomly getting my TD Ameritrade account shut down without explanation (they specifically state that they wont give you a reason and tell you to not ask), and all my positions closed (for a loss) a week after moving to them was a pretty good reason to move to Robinhood. I hadn't even applied for margin. Robinhood seems to people, however ignorant the impression may be, that they don't act like the Big Evil Wall Street Corp guys. So it's not unreasonable to use a good platform for analysis and use Robinhood to trade.
- ratsmack 6y ago
  Were you possibly abusing their Day Trading rules? FYI: they will get a little testy if you have more than three round trips without registering as a day trader.
  - BlueGh0st 6y ago
    No, I've never day traded. I hadn't even sold anything yet. There was really no valid explanation.

That's not true at all. There are many better alternatives. I have no idea why people would choose Robinhood besides superficial nonsense like 'it has the best UI'.

randomsearch 6y ago

UI and UX matter and can be killer features.

pandeiro 6y ago
yeah, I wish there was something with a similarly smooth UI that could do custodial accounts for children

paulpauper 6y ago

On twitter I noticed that much of the heat against the CEO has died down. I think most people have forgiven him.

clipradiowallet 6y ago
I think all that heat was driven by uneducated (market-wise) people furiously commenting to elected officials with a similar lack of market-related education. After some education, the angry masses realized that the CEO had nothing to do with anything that affected them. They just paid some market tuition.
- nodesocket 6y ago
  Indeed, it was easy for politicians to try and capitalize on the event (stock market rigged for the rich saga) when in reality it was financial regulation that caused RH to have to stop allowing buy orders in GME.
  - user3939382 6y ago
    > it was financial regulation By “financial regulation” do you mean capital requirements being set by unknown individuals at the DTCC according to a formula that is unknown to the public and, by his own admission, even the CEO of Robinhood himself? I don’t know what I’d call that but it’s not what one typically thinks of as financial regulation.

ska 6y ago

> besides superficial nonsense like 'it has the best UI'. The idea that UX/UI on a consumer oriented product like this is "superficial" seems bizarre to me.

BlueGh0st 6y ago

Randomly getting my TD Ameritrade account shut down without explanation (they specifically state that they wont give you a reason and tell you to not ask), and all my positions closed (for a loss) a week after moving to them was a pretty good reason to move to Robinhood. I hadn't even applied for margin. Robinhood seems to people, however ignorant the impression may be, that they don't act like the Big Evil Wall Street Corp guys. So it's not unreasonable to use a good platform for analysis and use Robinhood to trade.

ratsmack 6y ago
Were you possibly abusing their Day Trading rules? FYI: they will get a little testy if you have more than three round trips without registering as a day trader.
- BlueGh0st 6y ago
  No, I've never day traded. I hadn't even sold anything yet. There was really no valid explanation.