Comments by "Samson Soturian" (@samsonsoturian6013) on "How Robinhood Gets Casual Traders Hooked" video.

  1. Dear Bloomberg, Amateurs trading stocks is not remotely new, and in fact only in the 20th century was most trading done by professionals. For instance, in the Gold Rush days the formal exchanges that traded mostly large caps, while smaller and riskier ventures were traded down the street by street vendors hanging out near telegraph offices. Most of the shares and commissions were in cents in those days, hence the term "penny stock." If you go further back to the early days of stock exchanges, there were market venues reserved for "speculators of quality," but most shares were traded "over the counter." Literally, you'd buy them directly from the store owner, and trade them at taverns and with street vendors. Period after the Great Depression was the era of strictly regulated markets where leverage was limited and all but professionals were restricted to low risk instraments like mutual funds. That era is over now, with common investors not only having access to professional automated markets, but having access to derivatives and short selling. Sincerely, A Historian
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  2. Complaining about easy to use brokers when most brokerages have really opaque systems that require downloading and installing .bin files is pretty silly.
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  3. They're the Walmart of stock brokers. You can be sure people will whine no matter what they do. Like literally. When I worked at Walmart customers would complain to me about how crummy it was to work there. But I say Walmart managers were fine, it was the customers that gave me trouble.
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  4. RH has gotten stricter with disclosures. Like if you open a levered ETF you'll get pop up warnings saying it's dangerous.
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  5. Cuz they literally didn't have a choice. Want to hear the story?
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  6.  @mitchbaker5995  you deserve to lose money, liar.
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  7. Since when does Indian problems get covered by Bloomberg?
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  8. I don't think you're qualified to speak of the SEC.
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  9. They're whining. Not very well, but they're whining.
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  10. Who's scamming?
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  11. RH restricts the amount of margin that can be used. But aside from that, people do what they want with their money.
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  12. You're paying a commission, it's just tiny and hidden in the price of the stock.
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  13.  @Capitalust  for shares, yeah. For options it's at least a dollar and fir illiquid options it can get ridiculous
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  14. Not everyone is. But Robinhood is now the Walmart of brokers so you can be sure people will whine regardless if it makes sense.
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  15. You really want to hear the story or would you rather be sued for defamation?
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