First of all how does a 20 year old colege student be allowed to lose $750,000 they don't have,
That's Robinhoods fault.
T%hat could NEVER happen on Ameritrade or IB.
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This is what I’m amazed at by the story. I’m brand new to trading. 24 years old, and I can’t understand how a 20 year old was given that much leverage??? That’s insane by Robinhood
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He got assigned some stock. The other side of his spread would have gotten sold the next day to cover his position. He was probably out $500-$1000 real money. Very very sad.
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