Restricted by Robinhood for buying and selling GME
So I have been selling high and buying low with GameStop. I am now restricted for 90 day because it calcified me as a day trader. It said something that only people who are trading $10,000 a trade or more can keep buying the dips and selling on the highs.
Does this not completely take away from the validity of the Robinhood persona allowing the poor to be able to get rich? I know I will hear something like it is a SEC rule and that is the regulations set up. What I say is live up to your name. If this sight is set up to help the common people trade do something to change the regulations. Makes me said.
https://www.reddit.com/r/StockMarket/comments/lyep2q/restricted_by_robinhood_for_buying_and_selling_gme/