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I tried to read the Bloomberg article & the subreddit wallstreebets but I cannot understand if this is just a mobile game people play or a real money scheme?
by mrbonner 7y ago
I tried to read the Bloomberg article & the subreddit wallstreebets but I cannot understand if this is just a mobile game people play or a real money scheme?
- Phillipharryt 7y agoRobinhood is an app that lets you trade, it's all real trading on the same market as everyone else, it's just an app allowing you access. WallStreetBets is just a community of "investors" who trade on real markets, but with Robinhood having such a low barrier to entry they often trade using it. (Screenshots of Robinhood trades going really well or really badly are a staple of WallStreetBets humour).