Robinhood - Daytrader

[Dale]

Robinhood lo if you get flagged as day trader, what happens?

emina disadvantage untundha?

[rmJU72]

You will have a minimum amount required to maintain. if you violate their rules of being a day trader, you may have account restrictions put on you as well.
Not something to worry about too much if you follow their rules, but in general day trading will give you lesser returns than S&P. Hope you know what you are doing.

[Dale]

naku antha experience ledu stocks lo...

what is s&p? how does it get more returns than day trader?

[Bitcoin_Baba9]

1 hour ago, Dale said:

naku antha experience ledu stocks lo...

what is s&p? how does it get more returns than day trader?

The average yearly return of the S&P 500 is around 10%. This is considered a benchmark for the overall US stock market, with most sources citing an average return of roughly 10% since its inception

@rmJU72 cheppedhi enti antey, day trading chesi unnavi oodcheskoku, invest in S&P500 regulary which will guarantee you 10% return ani

 

[yogdenon]

Happened to me a while back—got flagged as a day trader on Robinhood, and my account got the 3-day restriction on buying. Was annoying at first, but tracking everything on https://www.supertrader.me made it way easier to plan my trades and not overdo it.