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5 points

Robihood makes money by front running, selling customers info to hedge funds, and other slimy practices

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3 points

Yeah there are several articles out about how the info from RH is piped straight to high frequency trading firms, so if you make a big purchase HFT traders will quickly buy the stock at market rate and then sell it off almost instantly to you, and they get a small payout for zero risk and you end up getting less for your money than it looked like you would

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finance

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Stock market entryism is a revisionist lie.

:stonks-up: :stonks-down: :ritzy-marx: .

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“I have, which will surprise you not a little, been speculating - partly in American funds, but more especially in English stocks, which are springing up like mushrooms this year (in furtherance of every imaginable and unimaginable joint stock enterprise), are forced up to quite an unreasonable level and then, for the most part, collapse. In this way, I have made over £400 and, now that the complexity of the political situation affords greater scope, I shall begin all over again. It’s a type of operation that makes demands on one’s time, and it’s worth while running some risk in order to relieve the enemy of his money.”

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