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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Investment Strategies / Mechanical Investing
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Author: platykurtic   😊 😞
Number: of 6131 
Subject: HOOD providing a LEGENDary platform
Date: 10/21/24 10:28 PM
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No. of Recommendations: 3
It's been noted a few times that Robinhood often offers better pricing than more 'sophisticated' brokers. This is generally attributed to the market makers preferring to take the other side of the trade to the general public rather than more 'sophisticated' investors and so to account for increased risk offering worse bid / ask spread & mid-point pricing to the brokers that cater to those 'advanced' investors.

So a more 'sophisticated' investor (perhaps there's some here) should consider using Robinhood for it's better pricing likely at the expense of a more advanced tool-set. And here's some good news ... to attract more sophisticated investors & to expand its business HOOD is now offering a LEGEND desktop platform with improved tools.
reuters.com - Robinhood launches desktop platform adds futures options trading app

Could be worth reviewing for at least an account. Where I live - for less advanced trade types (LMT trades mainly) - I've moved to a more 'public' focused broker to access better pricing & the taxation tools that broker offers and retaining IBKR for where more 'advanced' tools are required. Robinhood may well be worth a look moving forward.
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