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This is probably it. I personally signed up for Robinhood based on this project. I'm already interested in stock trading though so it wasn't that big of a commitment from me but they do have a nice App and signup process compared to other financial trading outfits I've used.

discuss

wyldfire|8 years ago

For folks playing at home and wondering "What is Robinhood?"

From [1]

> Robinhood is a stock brokerage that allows customers to buy and sell U.S. listed stocks and ETFs with $0 commission. ... we are able to maintain a lean bottom-line and pass the savings along to you, the customer ... Robinhood is an SEC registered broker-dealer and member of FINRA & SIPC.

[1] https://support.robinhood.com/hc/en-us/articles/202844869-Ab...

MichaelGG|8 years ago

Yeah, Robinhood is mentioned quite a bit on his site, including a sign up referral link. Seems like their referral program gives you $10 for each signup.

Also he says if it hits $25K, then the game is over. So it's only $25K at real risk, not $50K. (True, the stocks could fall further before he liquidates.)

hbosch|8 years ago

Also: anyone have an idea as to what regulations he is citing when he says if it drops below 50% he has to close the account? Is that a Robinhood thing, or an equities trading thing? As far as I know, there is no regulation limiting how much a person can lose on the market...

Makes me wonder if perhaps his account balance is $25k personal, and $25k matched by Robinhood for the stunt.

Stanleyc23|8 years ago

> the stocks could fall further before he liquidates that's what "stop-loss" trades are for :p

does robinhood not have that?

spoonie|8 years ago

Don't waste your money and time trading individual stocks. Invest for your future with dollar-cost-averaging and buying ALL the stocks (AKA a diversified index-tracking fund with very low fees (less than 0.1%/year)).