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| I am now officially a Robinhood Day Trader! |
About Robinhood
So Robinhood is a phone app that allows you to trade with no commissions and almost no fees!!! Read more about it here.Profit Goals
As part of my financial goals, I would like to learn how to day trade using this phone app and hopefully make about 40% annually. This translates to about 0.002% per day.I plan to raise my capital in the next four month to a minimum of $25,000 to allow me to day trade at my heart's desire. At Robinhood, as long as you have a minimum account balance of $25,000, you can pretty much day trade as many as you want. With this balance, I should make about $50 per day to hit my profit goals.
As I will start with a smaller day trading capital, I will prorate my profit goals based on what capital I carry until I reach my minimum capital of $25,000.
Read about my Day Trading Milestones to see my progress.
My name is Robinhood Day Trader. I day trade using the Robinhood day trading app.
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