Economics Thread

wall street getting to change the rules cause they don't like the free market

predictable

again, different rules for the rich
 
reddit didn't manipulate anything

that isn't the correct word on whats happening with these stocks/what they are doing
 
goldfly said:
reddit didn't manipulate anything

that isn't the correct word on whats happening with these stocks/what they are doing
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there is no mastermind manipulating things from behind a curtain

it is a flash mob

performance art
 
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joawjp79s4e61.jpg
 
sturg33 said:
Warren calling for increased regulations on the day traders.

They are going to crush the people who made the big boys look bad.

Nsacpi approved, of course... like all authoritarian actions
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what is it you say child that i approve of?
 
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y'all take care of yourselves...there is a sub-section of the day-trading community for whom addition and mental health issues are real things

how a 20-year old is allowed to run up 730 grand in losses is beyond me

brokers have a legal and certainly an ethical obligation to screen customers before giving them weapons of mass destruction
 
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He didn't actually run it up. Sadly, he didn't fully understand what the option expiration meant and assumed he had piled up losses that weren't real.
 
sturg33 said:
He didn't actually run it up. Sadly, he didn't fully understand what the option expiration meant and assumed he had piled up losses that weren't real.
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They are supposed to assess customers' level of experience or knowledge before permitting certain types of trading...schwab does...i guess it has become the wild west out there
 
No one should ever commit suicide over debt. The US bankruptcy laws are some of the most generous in the world. Honestly the stigma associated with it is was intentionally crafted by lenders. It's honestly the smart move for most people to declare bankruptcy at one time or another in their lives.
 
whenever i've opened an account that permits options trading, i've had to fill out a questionnaire about my knowledge and experience with markets and different instruments

not sure if that's the case with Robinhood...i'm guessing they don't really care
 
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