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I know a few investors who think Robinhood is amazing. While they haven’t lost the sums highlighted in the article, they trade often and tend to not realize the
by 1123581321 6y ago
I know a few investors who think Robinhood is amazing. While they haven’t lost the sums highlighted in the article, they trade often and tend to not realize they lose money. I’ve noticed they tend to exaggerate movements in individual stocks; my theory is the scale of the default stock chart views encourage this.
They also don’t understand that Robinhood’s fractional shares and cryptocurrency are a degree more abstracted than traditional online brokerages and wallets.
- cosmodisk 6y agoSounds like target audience for Robinhood.