throaway1990
Joined 7 years ago
Joined 7 years ago
And vote the populists who will give you free citizenship and scholarships!
These are the corrupt and insane people who should be punished not the people who sussed out their bullshit!
What Robinhood and other platforms are doing is market manipulation which is illegal.
The legal and reasonable thing would be to allow trading these stocks with additional "e-signs" letting the individual know that there are additional risks here.
That would actually help the retail investor.
But these brokers and buddies are happy to help their hedge fund buddies!!
if they force Apple to pre-install appstore on phones? say bye-bye to $10 B manufacturing dream.
Having local controls and slightly stricter rules is good! But these chinese-commie style is bad!
Robinhood is more agressive when it comes to margin calls, that actually protects inexperienced investors.
If I lose ALL my investments, it doesn't change my way of life or status in society. I have no dependents or collateral.
On the other hand, if my investments pay off, I have a real shot of upward social mobility within 5 years, instead of 5 decades.
I am not against regulations, I think all existing regulations are perfectly adequate to protect inexperienced investors from themselves.
I should be the only person to decide that, already there are strict regulations about day trading, volume of trades on a mobile platform, access to margins and access to after hours trading.
Robinhood adheres to all these regulations and doesn't easily dole out features to anyone.
The Netherlands is the last bastion of entreprenuership and innovation in deeply communist and anti-innovation, anti-rich and anti-prosperity EU.
Not sure how long before Netherlands nationalizes their big companies.