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I agree with Robinhood's fears on principle. What however riles up people (legitimately IMO) is that larger funds making equally suspect trades are basically le
by N1H1L 6y ago
I agree with Robinhood's fears on principle. What however riles up people (legitimately IMO) is that larger funds making equally suspect trades are basically let off with a slap on the wrist.
A strong argument could be made that Tesla's stocks last year have been pumped up irrationally by funds last year too, and if a market correction comes the funds behind it will face zero to minimal consequences. Same in 2008.
At the end of the day, the differential rules for individual traders and big funds riles people up.