When the Stock Market Is Too Much Fun

TLDR:

Apparently Robinhood doesn't display warnings about risk/volatility before customers purchase leveraged/inverse ETFs, which is standard among competitors.

Also, Robinhood displays different information when buying or selling options, in a way that highlights the possibility of making money and downplays (or completely ignores) the possibility losing money.

Competitors show the same information whether you're buying or selling. Robinhood shows a measure called "to break even" if you're looking at buying a call option. If you're looking to sell the same call option, they instead show you "chance of profit". In both cases, they show no information about how likely you are to lose money, or how much.

Perhaps relatedly, Robinhood makes tons of money off option fees; in September, they made more than 2x as much from option fees than vanilla stock trades.

For those that don't know you can look at TQQQ vs. QQQ as a reference on Yahoo.

TLDR: TQQQ Short term buy and sell, high volatility, high risk (higher profit and higher loss possible.)

KEY TAKEAWAYS (investopedia) The Invesco QQQs ("cubes") is a popular ETF that tracks the Nasdaq 100 Index. The Nasdaq 100 Index is composed mainly of technology companies and excludes most financial stocks.

TQQQ is one of the largest leveraged ETFs that also tracks the Nasdaq 100. Due to their natures, QQQ is perhaps best-suited as a long-term investment while TQQQ is built for short-holding periods.