I Started Trading Hot Stocks on Robinhood. Then I Couldn’t Stop.

I went on Robinhood, the popular stock-trading app, to find out.

You’ve probably heard of it, even if you aren’t among the 13 million people already using it. Robinhood makes trading stocks, options and cryptocurrencies fun and exciting, and analysts have attributedMy editor and I decided that I should see what the fuss is all about. I started trading on Robinhood on Oct. 27, expensing my $100 investment. Any profits I made would go to charity; any losses would go toward public humiliation. I closed all my positions on Nov. 17.

My editor ordered me to try making as much money as possible as fast as possible, to become part of the momentum-investing crowd. That called for a makeover. I’d have to become the polar opposite of the patient, research-intensive, risk-averse investor I’ve always been.

jasonzweigwsj The new facebook x 1000!

jasonzweigwsj Work LESS to work ALL & live BETTER Kamala Harris wants : ' a 4-HOUR working day, more the increased participation of EMPLOYEES-CUSTOMERS-USERS-SUPPLIERS in the decisions & management of the company to the EQUAL of shareholders & managers. An INVENTIVE & HYPERACTIVE economy '

jasonzweigwsj Even I was drew in Robinhood. Last year I traded once a month and gained 36% on my investments. This year I traded once a week and I only gained 20%...more trading doesn’t mean more gains.

jasonzweigwsj Is this even a question? Entertainment ? Its crack cocaine

jasonzweigwsj Well, for addicts and idiots, it’s like a little casino on their smartphone. A form of gambling, not investing.

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Robinhood Will Restart ‘Limited’ Trading In Meme Stocks GameStop, AMC As Reddit Rally UnravelsIn a tweet thread Thursday afternoon, billionaire Robinhood cofounder Vlad Tenev backtracked on the firm's decision to stop trading of the meme stocks that rattled markets this week. Why? Are only hedge funds able to make money? AMC and GameStop are literally still in business lmaooo Everyone remember: The squeeze hasn't even happened yet. This friday, ITM contracts are being exercised, which means the squeeze might happen tomorrow. If it does, it takes 5-6 days for shorts to cover their positions. Doesn't happen in just an hour. Takes days.
Источник: Forbes - 🏆 394. / 53 Прочитайте больше »

Robinhood lifts trading restrictions on GameStop and all other stocksStock trading app Robinhood has removed temporary trading restrictions on all stocks including GameStop and AMC Entertainment Holdings. $gme all day bby interesting subpoena immediately
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