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A comment on WallStreetBets vs WallStreet: It's not about the money anymore. Parent comment

Re:WallStreetBets vs WallStreet: It's not about the money an... by obmelvin on Thursday January 28, 2021 @10:20AM (#25943105)
>It’s not my fault their business model is failing for a particular ticker on a particular day.

As I see it, regardless of how it should be, one needs to accept that trading with RH has limitations/trade-offs compared to a "proper" brokerage. I get your statement, but like you said, their track record already speaks for itself.

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Re:WallStreetBets vs WallStreet: It's not about the money an... by risyachka on Thursday January 28, 2021 @10:25AM (#25943211)
It's not just RH. I am paying for Interactive Brokers, they also stopped buy transactions.
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Re:WallStreetBets vs WallStreet: It's not about the money an... by function_seven on Thursday January 28, 2021 @10:34AM (#25943412)
Oh wow. I've always thought IB to be the most "bare metal" trading platform available to regular people. If they're denying buy orders, then where does a plebe go to get direct access to the market?
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Re:WallStreetBets vs WallStreet: It's not about the money an... by dragonwriter on Thursday January 28, 2021 @10:41AM (#25943545)
> where does a plebe go to get direct access to the market?

If you have direct access to the market, you go directly to the market (i.e., have a seat on the exchange.) Also, you very much aren't a plebe in that case.

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Re:WallStreetBets vs WallStreet: It's not about the money an... by meetups323 on Thursday January 28, 2021 @10:38AM (#25943491)
Fidelity is free and has been giving me full reign over my own assets.
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Re:WallStreetBets vs WallStreet: It's not about the money an... by kgwgk on Thursday January 28, 2021 @11:02AM (#25943938)
On margin.

https://twitter.com/IBKR/status/1354792600004386818

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