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The current state is what probably sent this person over the edge. The eventual state is the truth an amateur, which is what Robinhood is targeting, would unde
by protomyth 6y ago
The current state is what probably sent this person over the edge. The eventual state is the truth an amateur, which is what Robinhood is targeting, would understand. Only showing the current state truthfully is fine for experts, but not fine for amateurs because it obviously caused a horrid reaction.
- manigandham 6y agoThat's the problem, an amateur who doesn't understand the trades they're making and how to read their positions should not be trading. People already sign disclaimers stating they understand how to trade and potential risks. Perhaps a more intensive testing process can help to enforce that, but they're still adults making their own decisions and I don't want to add even more regulations for market access.