Teen Stock Trading Seems Dangerous. It Doesn’t Have to Be.

This year, Robinhood and its millions of younger-than-average customers have found themselves at the center of attention that is both comic and tragic.

“Robinhood: ‘We now allow teenagers with their parents’ credit cards to trade stocks’” went the April headline on the satire site Stonk Market. Two months later, the headlines were far more sobering, after a 20-year-old killed himself, leaving behind a note about his negative Robinhood balance.

Robinhood’s customers trade fast —…

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