Confetti. Free Stocks. Does Robinhood’s Design Make Trading Too Easy?

  • 📰 WSJ
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Some behavioral researchers say the simplicity of Robinhood’s brokerage app encourages novice investors to take bigger risks

Some behavioral researchers say the app’s simplicity encourages novice investors to take bigger risks

As millions of new traders sign up for the investment app Robinhood, the company is facing scrutiny for enabling some inexperienced users to make risky bets. WSJ spoke with a financial-education professional and two Robinhood traders about how the app is shaking up the brokerage industry.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

All I hear is 'I can't make money anymore advising them about a chaotic process where a monkey choosing stocks does better than a Wall St trader trader.' It's not an elite thing anymore and that's what you don't like.

WSJ is CCP‘s running dog, It is with the CCP(the biggest gangsters group)

Absolutely. Robinhood traders are using options and margin with no clue how they work. Dangerous.

duh yea, its a dumb as me!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Airline schedule changes; how to make free changes and get a refund - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »