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Re:Robinhood has lured young traders, sometimes with devasta... by smt88 on Wednesday July 08, 2020 @05:29PM (#23774449)
This analogy makes no sense. You can't lose more than you brought to Vegas. When trading, you can.

Famous example: https://www.investopedia.com/articles/investing/121515/how-s...

Re:Robinhood has lured young traders, sometimes with devasta... by kjksf on Wednesday July 08, 2020 @06:08PM (#23774720)
It bears mentioning that this is extremely uncommon situation.

I have both RobinHood account and IBKR and I don't see how I could do an unhedged short.

As a retail investor, the only way I see to short is via options and there you can only loose 100%.

It also bears mentioning that an average result in Vegas is: you loose.

Benchmark returns for stock market is S&P 500 which is 8-15% yearly return (over multiple years, depending on how good the economy is during those years).

And the chances of doing better are higher than chances of loosing money.

Re:Robinhood has lured young traders, sometimes with devasta... by penagwin on Wednesday July 08, 2020 @05:49PM (#23774602)
Can you not gamble with a credit card in vegas?

It looks like the person in your example was selling a call, which has potentially unlimited losses - that was a rather poor decision on his part. There are much safer methods of making "the same bet".

Gambling is a random game designed to extract money from people. The stock market is a math game that doesn't care if you gain or lose.

Re:Robinhood has lured young traders, sometimes with devasta... by mBvpDszv on Wednesday July 08, 2020 @06:48PM (#23775071)
You can not directly use a credit card to gamble in Vegas. You can however get a cash advance at the ATM or the Cashier's Cage for a fee, so indirectly yes.
Re:Robinhood has lured young traders, sometimes with devasta... by mBvpDszv on Wednesday July 08, 2020 @05:49PM (#23774606)
You definitely can lose more than you brought to Vegas

https://www.caesars.com/casino-credit