|
|
|
|
|
by onemoresoop
1884 days ago
|
|
I'm interested to know who is frustrated by their software bugs. There have been easily fixable basic bugs unaddressed for quite some time, more than a year to be specific, and those bugs cause traders frustration (and financial loss) in volatile times. For example you want to buy or sell and the UI has an old state and unless refreshed it would let you do so. The UI looks pretty but it's purposely confusing, for example Market Buy, Limit Buy, Market Sell and Limit Sell look almost identical and you are funneled to chose the option that makes RH most money. I even accidentally sold instead of buying and bought instead of selling but luckily I reverted the action before the price changed too much. I lost money several times because of the poor UI and was wondering what others think of their '0 commission' marketing. It is deceptive, the price to pay in RH is quite high, I think I've given them at least a few hundred a month (they've been taking). There are other issues that I am not going to get too deep into regarding mining trading data, which apparently is how they make their big money. That is the leverage to enable the retail investors to bleed cash in the long run. I've been thinking about the parallel between Robin Hood and RobinHood(LLC), and the latter seems to me like an impostor, it is far from the legendary folkloric outlaw who was robbing the rich to give to the poor. It's quite the opposite in its intention in some ways. But I'll give them credit for priming me for trading. Anyhow, I rolled up my command line interface for RH. I can easily do limit buys and sells, cancel all orders, and so on with the just one or two keywords while I see the real time data in front of me. The API wrapper for RH is available online for whoever is interested. I keep on improving on my scripts little by little and it's fun to program again in Python. It would be nice to script up a bot that takes advantage of small price fluctuations to generate a modest stream if income. |
|