Re:Robinhood raises $323M at a $7.6B valuation
by vasilipupkin on Monday July 22, 2019 @09:48PM
(#20503817)
It’s sctually the opposite: retail orders have no information about direction of market, so the profitable thing is not to “front run”, but to trade in the opposite direction of the retail order. If the retail order is selling the bid price, you want to buy the bid because you know on average those retail orders don’t indicate that market is going in any direction
[ Parent
| on HN ]
There are no comments on this comment yet.