Comment on Robinhood: At a Play Store Near YouparentComments−ahh11yVolatile \neq frequently traded; tax is not affected by commission rate.I find it highly unlikely that almost anyone should trade anything frequently, even in the weirder corners of their portfolio.−yummyfajitas11yI run some frequently traded strategies as a hobby (i.e., time spent >> my salary). My strategy is profitable (15-20% returns) though not scalable. The IRA is the perfect place for these, due to the tax implications.
Comments
Volatile \neq frequently traded; tax is not affected by commission rate.
I find it highly unlikely that almost anyone should trade anything frequently, even in the weirder corners of their portfolio.
I run some frequently traded strategies as a hobby (i.e., time spent >> my salary). My strategy is profitable (15-20% returns) though not scalable. The IRA is the perfect place for these, due to the tax implications.