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.
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!
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Source: BusinessInsider - 🏆 729. / 51 Read more »