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Playing the Game of Infinite Leverage

• H8crilA 7y ago
  Summary: Robinhood's margin system is completely broken and allows for practically infinite leverage. One guy leveraged up to 1'279'550 USD on a 4'000 USD deposit. Current "leaderboard": https://www.reddit.com/r/wallstreetbets/comments/drt5tr/guh_of_fame_2019/ https://www.reddit.com/r/wallstreetbets/comments/drt5tr/guh_... And an outbreak of memes on Reddit: https://www.reddit.com/r/wallstreetbets/comments/dr4iem/control_your_autism/ https://www.reddit.com/r/wallstreetbets/comments/dr4iem/cont... https://www.reddit.com/r/wallstreetbets/comments/drxcpw/this_one_is_for_the_history_books/ https://www.reddit.com/r/wallstreetbets/comments/drxcpw/this... https://www.reddit.com/r/wallstreetbets/comments/drsxau/the_new_brokerage_war/ https://www.reddit.com/r/wallstreetbets/comments/drsxau/the_... https://www.reddit.com/r/wallstreetbets/comments/dr3eki/say_something_im_guhving_up_on_you_official_music/ https://www.reddit.com/r/wallstreetbets/comments/dr3eki/say_... https://www.reddit.com/r/wallstreetbets/comments/dpwa5v/in_light_of_todays_events_i_have_decided_to_be/ https://www.reddit.com/r/wallstreetbets/comments/dpwa5v/in_l... People wondering what is Robinhood even doing: https://www.reddit.com/r/wallstreetbets/comments/drmr6y/how_the_fuck_does_robinhood_exist/ https://www.reddit.com/r/wallstreetbets/comments/drmr6y/how_... https://www.reddit.com/r/wallstreetbets/comments/drn8gf/this_sub_has_gone_to_a_new_level/ https://www.reddit.com/r/wallstreetbets/comments/drn8gf/this... https://www.reddit.com/r/wallstreetbets/comments/dr6gus/robinhood_is_in_violation_of_finra_rules/ https://www.reddit.com/r/wallstreetbets/comments/dr6gus/robi...
• alteria 7y ago
  Other thread about this https://news.ycombinator.com/item?id=21454344 https://news.ycombinator.com/item?id=21454344
• throwaway35784 7y ago
  This is just a game, right? From what I read,this isn't actual stock, options, or leverage except in namesake. Did I miss something?
  • smabie 7y ago
    Yes. RH is lending these people real money to execute real trades. RH should be ashamed of themselves, this has the potential to be a existential fuckup.
    • pochamago 7y ago
      It's a pretty amazing oversight on their part. If it goes badly, they will lose a great deal of money.
  • H8crilA 7y ago
    100% real money and real trades.