Side Hustle
#682
#683
Short selling is limited to covered calls and cash secured puts. Short selling equities is verboten. ETFs are fair game. I’m not sure what you are getting at WRT penalties, the only costs are regular trading commissions.
#684
yeah I didnt mean short sell. I was trying to ask if you purchase a stock/etf and basically do day trades. Didnt know if the stock in 401k had to be held with a minimum duration.
#685
Line Holder
Joined APC: Jan 2019
Position: 350B
Posts: 75
but I wouldn’t do it until retirement when I needed the cash flow.
#686
But you can day trade with Robinhood. And it’s free.
#687
ahh ok thanks
#689
Gets Weekends Off
Joined APC: Feb 2020
Posts: 719
A5S
#690
Gets Weekends Off
Joined APC: Sep 2019
Posts: 1,538
More accurately, RH doesn't charge you to place trades. But it does sell your order information to other entities like Citadel (payment for order flow), so maybe not entirely "free." And I've heard that sometimes RH won't let you purchase a particular stock -- only sell.
A5S
A5S
Yep, nothing is free. You pay them with a less efficient fill. Sometimes no problem. other times big deal. Never use a market order with RH.
Thread
Thread Starter
Forum
Replies
Last Post