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A comment on TD Ameritrade, Webull, and public.com join Robinhood preventing stock purchases. Parent comment

Re:TD Ameritrade, Webull, and public.com join Robinhood prev... by Solocomplex on Thursday January 28, 2021 @01:26PM (#25946433)
So are they taking responsibility for all my trades? Or just the ones where I stand to make money? They won't stop you from losing thousands on other terrible positions.
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Re:TD Ameritrade, Webull, and public.com join Robinhood prev... by missedthecue on Thursday January 28, 2021 @02:17PM (#25947424)
They don't give a hoot if you lose your money. They've stopped taking new positions because they don't want to lose their money.
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Re:TD Ameritrade, Webull, and public.com join Robinhood prev... by gmethowaway on Thursday January 28, 2021 @05:12PM (#25950159)
Are you talking about brokers or money makers? If it's brokers they usually make money from trading activity (traders, deposits,withdraws,holding money in they accounts). If it's money makers then they can't "stop taking new positions", as they are not working directly with retail investors.
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