Robinhood steals from the poor

General
3

I always wanted P123 to become the front end to my brokerages accounts. The main design principles were to:

  1. Make trading easier with, for example, one-click rebalances
  2. Uniform interface to different brokers
  3. Manage multiple accounts with ease. For example deploy a strategy in multiple accounts

It's still a work in progress, and I think it's still a worthwhile project.

But why not take it to the next level and do what brokers should be doing, but won't? For example:

  • Providing a true risk management/assessment for individuals?
  • Perhaps use AI to analyze your trading and make recommendations.

Anything of the sort our there?

PS. brokers will never do this since the recommendations would likely be to trade less, not more.

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