Finance Phantom — Crypto trading platform is legit or a scam?

[ClaudeSpahn]

However, changing your trading strategy after every loss will only set you back on the learning curve because you’ll never really master any of the trading strategies. In addition, it’s important to understand that trading bots are not created solely to help you book profits – sometimes; a bot can be an important market ally for reducing your losses.

In the first quarter of 2020, 70% of the firm’s $130 million in revenue was derived from selling its order flow. In the second quarter, Robinhood’s PFOF doubled to $180 million. The big firms would feed Robinhood customer orders into their algorithms and seek to profit executing the trades by shaving small fractions off bid and offer prices.
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