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Comment on Robinhood raises $50M

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This company is going to put serious pressure on the pretty high commissions that the discount brokers are currently enjoying.

But first they will need to offer a few more things:

  -Ability to set limits and stop losses
  -Ability to use margin
  -Ability to buy and sell call and put options
  -Ability to trade after hours
  -Ability to short (likely comes with margin)
  -Ability to set trailing losses
  -A better UI
  -Ability to analyze trades and examine bid/ask spreads
I used Robin Hood a few months back and possibly it has gotten better and I'm sure the overall experience will get better. But since that experiment I cashed out of that account and just use my online brokerage account.

I do look forward to a better experience down the road.

Stop loss, stop limit, GTC orders were rolled out recently. See below: http://blog.robinhood.com/news/2015/4/23/introducing-robinho...

They've started that they will be releasing margin trading in 2015.

Excellent. Might put some money back in it and try it out again.

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