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> Why should Robinhood pick a winner (siding against their own customers)? They're not siding against their customers. The median Robinhood trader that buys in
by esoterica 6y ago
> Why should Robinhood pick a winner (siding against their own customers)?
They're not siding against their customers. The median Robinhood trader that buys in at $350 is going to be left holding the bag when the price drops back down to $10. You can argue whether or not the paternalism is good or bad, but this is obviously going to on net stop more people from losing money than making money.