Robinhood is said to draw on bank credit lines amid tumult

Re:Robinhood is said to draw on bank credit lines amid tumult by sacred_numbers on Friday January 29, 2021 @01:01AM (#25954548)

The problem is that Wall Street has access to, if not free, practically frictionless trading in comparison to retail investors. If you add more friction to retail investors but not Wall Street it just compounds the problem.

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Re:Robinhood is said to draw on bank credit lines amid tumult by adrr on Friday January 29, 2021 @01:18AM (#25954629)

You do realize most hedgefunds lose money and that active trading isnt as effective as just buying and holding shares in index funds. This is Warren Buffets famous bet.

What WH has democratized is now giving retail investors the opportunity to also lose money with active trading.

[ Parent | on HN ]

Re:Robinhood is said to draw on bank credit lines amid tumult by lovecg on Friday January 29, 2021 @04:36AM (#25955620)

So let’s do it across the board. Slow everything down to sane levels. Won’t happen but one can dream...

[ Parent | on HN ]