Before Robinhood, my (other) broker charged me $1800 in trade commissions in ONE YEAR. Before Robinhood, I never spoke to anyone at my other broker, so they were charging me a huge fee for nothing.
Why waste your time to ask much questions here or even lose some of your hard earn money when you don’t know to trade. There is no greater joy than having a personal mentor/coach to direct you on each steps to follow to become a good trader to achieve that financial freedom and also mentor others too. Mark William will surely help
Why waste your time to ask much questions here or even lose some of your hard earn money when you don’t know to trade. There is no greater joy than having a personal mentor/coach to direct you on each steps to follow to become a good trader to achieve that financial freedom and also mentor others too. Mark William will surely help
It's amazing how they secretly charge their customers whist advertising as commission free, and also sell data onwards so that WS can take advantage of thousands of inexperienced investors.
Nothing is ever free, if the service is free your the product, same as the very platform your commenting from, our viewing habits are used to target advertising. Also tbf to RH they are offering commission free trading but they have to make money somehow, either via share lending or ur share info. Choose ur poison or use paid brokers.
@@Croydondebruyne speaking the truth! a few pennies off ur order vs $7 a trade, take ur pick! POF rules. Imagine trying to invest $500 even paycheck and having to pay $7 for each stock you buy!
Why waste your time to ask much questions here or even lose some of your hard earn money when you don’t know to trade. There is no greater joy than having a personal mentor/coach to direct you on each steps to follow to become a good trader to achieve that financial freedom and also mentor others too. Mark William will surely help
(1) I’d rather pay 5 cents than 5 dollars. (2) I manage my own finance properly and benefit. You can make your own choices (3) the people most mad are the people who lose money bc they don’t know how to invest
True, but there are other issues too. Accounts being hacked with 2-factor authentication, horrible customer service, and system crashes during heavy trading days. Including the "leap year" coding error.
Donnie, I agree with you. While I am not and never worked in the investment industry, I do have educational background in Finance and Investment Analysis. My independent study course came with a very thick book with a lot of very fancy mathematics which means that was the "fintech" way of analysis equities and making decisions (as opposed to the investing style based on underlying businesses' fundamentals, which is what Warren Buffett is often credited with basing his decisions on). That study was a long time ago, but a bit more recently (ca 2016) I got exposed to a different fintech style that assesses the risk and potential return of a stock/equity a bit differently which requires access to a lot of historical data that entities like MSCI do have and provide to institutional investors for a subscription (there are many others with Bloomberg probably being the biggest player as they provide a trading platform as well, not just data). You are correct that individual/retail investors don't have some of the requisite knowledge neither about fundamentals based investing nor the fintech one. They don't have access to historical data in the same way either, sure Yahoo Finance, Google Finance, RH, etc. will show you a price, trade volume graph, but you can't get that as a file, nor do you have the historical beta values, or company fundamentals data which you could potentially piece together from various sources, but who has the time for that as it is very tedious. Even if they did, very few have any idea what to do with that, so the best they can do is listen/pay someone else for advice. That exposes them to being scammed. Here is what I wrote as a reply to some of the comments here: The RH app comes with a EULA (End User License Agreement) just like any piece of software does. EULAs are usually (I'd say always) are very long, and regular individuals do not know what any individual EULA says because we don't read them, basically the TL;DR effect as well as the legalese they are written in, we just click "YES" as a confirmation of agreeing to it prior to installing or using the software. Even if you read the EULA and you do not like something in it, you can't afford to negotiate it as a single individual, so your only choice is to not install the software. I am not sure how large companies handle this, even if they can afford to have a lawyer to read the EULA and explain it, do the large companies negotiate with, say Microsoft, a different EULA? Ultimately, this WSJ video is lacking on many fronts, I feel that it is basically meant to make people aware of RH existense and their upcoming IPO with a sprinkling of some info about it: some history, some positives, some negatives -- but far from a complete picture, which is somewhat understandable because they would have to explain a whole lot more about how the modern trading system/landscape looks like. For example, the difference between institutions investing and retail investing and how that defines who the "market makers" are, which I think is the "crux" of the situation about the whole GameStop situation, meaning that the "system" (including the SEC, who IMHO protect the institutional investors) got irate at the fact that individual investors suddenly became the market makers for GameStop stock and, thus, fouled up some institutional investors that were shorting it. RH got in trouble due to their trading underpinnings (which is what allows their platform function and earn the business money on "free" trades), but it was the individual traders driven by the Reddit's WallStreetBets thread who banded together to invest into the stock thus raising the trading volume on the buy side and causing the price to go up making them the market makers. Institutional investors routinely make large volume buy or sell trades, and nobody bats an eye for the most part, affecting the stock price of individual companies and often a whole sector. GameStop stock price went up 1,000%+ in a matter of days (I haven't looked up the charts for this comment, so I am not here to give an exact analysis), but I am not a trader or someone in the investment industry to say whether it is unprecedented overall, but I imagine it is definitely unprecedented to be driven by the retail investors and that angered the institutional investors, their lobbied politicians in the congress, who then pressured SEC as well. So the way I see it is that RH didn't expect to ever find themselves in a situation like this and that didn't play well with how they operate, so they were forced to react (due to pressure from Citadel?), and their actions were unprecedented for their platform too, meaning they angered their user base and potentially turned some folks away from their platform. But the fact is that RH isn't the one behind potential attempt at market manipulation, if we consider the possibility that someone on Reddit wanted to create a "pump and dump" situation (certainly someone more experienced in investing realized what is happening and made some money on this situation), although there is a chance this was an attempt to "punish" institutional investors holding large amounts in short positions for GameStop stock, but I don't buy it. So a lot of RH and retail investors from other platforms "got had" as they lost money. But so did some of the institutional investors who had to pay extra in margin calls on their short positions, so on the surface both "pump and dump" and a rebellion occurred. RH just happened to find themselves in a position their business model didn't forsee, which also demonstrated that inexperienced or idealistic individual investors can be vulnerable to be scammed en-masse, and the GameStop situation IMHO was mostly possible due to the participation of the idealistic investors, who probably invested a small amount individually for the most part, thus each one didn't loose that much. Some of those who saw a "pump and dump" opportunity may have lost large sums, some profited handsomely. In the process, we learned a bit more about how RH works and makes money, does this make them the bad guys?
@@samsonsoturian6013 Yes, I would. Here is what I wrote as a reply to some of the other comments here: The RH app comes with a EULA (End User License Agreement) just like any piece of software does. EULAs are usually (I'd say always) are very long, and regular individuals do not know what any individual EULA says because we don't read them, basically the TL;DR effect as well as the legalese they are written in, we just click "YES" as a confirmation of agreeing to it prior to installing or using the software. Even if you read the EULA and you do not like something in it, you can't afford to negotiate it as a single individual, so your only choice is to not install the software. I am not sure how large companies handle this, even if they can afford to have a lawyer to read the EULA and explain it, do the large companies negotiate with, say Microsoft, a different EULA? Ultimately, this WSJ video is lacking on many fronts, I feel that it is basically meant to make people aware of RH existense and their upcoming IPO with a sprinkling of some info about it: some history, some positives, some negatives -- but far from a complete picture, which is somewhat understandable because they would have to explain a whole lot more about how the modern trading system/landscape looks like. For example, the difference between institutions investing and retail investing and how that defines who the "market makers" are, which I think is the "crux" of the situation about the whole GameStop situation, meaning that the "system" (including the SEC, who IMHO protect the institutional investors) got irate at the fact that individual investors suddenly became the market makers for GameStop stock and, thus, fouled up some institutional investors that were shorting it. RH got in trouble due to their trading underpinnings (which is what allows their platform function and earn the business money on "free" trades), but it was the individual traders driven by the Reddit's WallStreetBets thread who banded together to invest into the stock thus raising the trading volume on the buy side and causing the price to go up making them the market makers. Institutional investors routinely make large volume buy or sell trades, and nobody bats an eye for the most part, affecting the stock price of individual companies and often a whole sector. GameStop stock price went up 1,000%+ in a matter of days (I haven't looked up the charts for this comment, so I am not here to give an exact analysis), but I am not a trader or someone in the investment industry to say whether it is unprecedented overall, but I imagine it is definitely unprecedented to be driven by the retail investors and that angered the institutional investors, their lobbied politicians in the congress, who then pressured SEC as well. So the way I see it is that RH didn't expect to ever find themselves in a situation like this and that didn't play well with how they operate, so they were forced to react (due to pressure from Citadel?), and their actions were unprecedented for their platform too, meaning they angered their user base and potentially turned some folks away from their platform. But the fact is that RH isn't the one behind potential attempt at market manipulation, if we consider the possibility that someone on Reddit wanted to create a "pump and dump" situation (certainly someone more experienced in investing realized what is happening and made some money on this situation), although there is a chance this was an attempt to "punish" institutional investors holding large amounts in short positions for GameStop stock, but I don't buy it. So a lot of RH and retail investors from other platforms "got had" as they lost money. But so did some of the institutional investors who had to pay extra in margin calls on their short positions, so on the surface both "pump and dump" and a rebellion occurred. RH just happened to find themselves in a position their business model didn't forsee, which also demonstrated that inexperienced or idealistic individual investors can be vulnerable to be scammed en-masse, and the GameStop situation IMHO was mostly possible due to the participation of the idealistic investors, who probably invested a small amount individually for the most part, thus each one didn't loose that much. Some of those who saw a "pump and dump" opportunity may have lost large sums, some profited handsomely. In the process, we learned a bit more about how RH works and makes money, does this make them the bad guys?
Too big of an assumption. Fidelity is getting very close with its beta features. All it would take is for a company to offer a better experience while marketing that they do not take payment for order flow, or answer to Citadel. This could just be a play for early investors to get their payout before it's eventual demise.
Why waste your time to ask much questions here or even lose some of your hard earn money when you don’t know to trade. There is no greater joy than having a personal mentor/coach to direct you on each steps to follow to become a good trader to achieve that financial freedom and also mentor others too. Mark William will surely help
@@auro1986 No he doesn't, I'm no greedy man, I'm promoting him to express how grateful I am, And I also want others who are struggling in the market connect him so they can benefit like I did, that's called upliftment
Why waste your time to ask much questions here or even lose some of your hard earn money when you don’t know to trade. There is no greater joy than having a personal mentor/coach to direct you on each steps to follow to become a good trader to achieve that financial freedom and also mentor others too. Mark William will surely help,
Why waste your time to ask much questions here or even lose some of your hard earn money when you don’t know to trade. There is no greater joy than having a personal mentor/coach to direct you on each steps to follow to become a good trader to achieve that financial freedom and also mentor others too. Mark William will surely help,,
Robinhood uses Uno reverse: Steal from the poor and give to the rich
Before Robinhood, my (other) broker charged me $1800 in trade commissions in ONE YEAR. Before Robinhood, I never spoke to anyone at my other broker, so they were charging me a huge fee for nothing.
The App went from Robinhood to robbing the hood real quickly.
That might be for some people but over a 3 month spand I'm up 4k in my portfolio buddy! At least for me Robinhood has worked for my advantage!👍
How Robinhood betrayed the people for the rich wallstreet snobs.
Take your medicine, Karen
That wholesome boy from Bulgaria is so wholesome.
Why waste your time to ask much questions here or even lose some of your hard earn money when you don’t know to trade. There is no greater joy than having a personal mentor/coach to direct you on each steps to follow to become a good trader to achieve that financial freedom and also mentor others too. Mark William will surely help
Robinhood owes me 10k, they owe the world millions
Why waste your time to ask much questions here or even lose some of your hard earn money when you don’t know to trade. There is no greater joy than having a personal mentor/coach to direct you on each steps to follow to become a good trader to achieve that financial freedom and also mentor others too. Mark William will surely help
@@jakekooser817 I have worked with Mark William, he is terrible
Your losses were your fault. Period.
@@samsonsoturian6013 I don't talk to people from 3rd world countries sorry.
@@jeycalc6877 that's not funny
Will not be surprised if this ipo tanks because of all the mistakes they made
Trading and investing is easy and safe with the right help that's why I trade with Mrs Theresa she's the best
Theresa_service
On telegrm
It's amazing how they secretly charge their customers whist advertising as commission free, and also sell data onwards so that WS can take advantage of thousands of inexperienced investors.
Nothing is ever free, if the service is free your the product, same as the very platform your commenting from, our viewing habits are used to target advertising. Also tbf to RH they are offering commission free trading but they have to make money somehow, either via share lending or ur share info. Choose ur poison or use paid brokers.
@@Croydondebruyne speaking the truth! a few pennies off ur order vs $7 a trade, take ur pick! POF rules. Imagine trying to invest $500 even paycheck and having to pay $7 for each stock you buy!
Robinhood has now become Rob the Hood
Would I rather pay a trading fee or let Robinhood make revenue from high speed trading firms. I’ll take the free trades.
I don't understand why I a retail investor is compared to some institutional investor, my reassons are not thiers, and thier are not mine.
Still give them the credit. If you do not think you are the shark to fight the shark, then get a shark to fight the other shark.
Robinhood = Citadel
Make robinhood available everywhere!!
Without knowing the right approach for investing, you gonna lost money no matter which app you use.
WeBull 💰💰❤️❤️
it's a casino, same as binance
My broker charges me .25% on every trade, its cents on the dollar but I know who my broker works for.
Whoever heard of a brokerage stopping trading because they couldnt find any avaliable shares to cover another market makers short positions
Garbage wall street wealth scam
Nice video.
Why waste your time to ask much questions here or even lose some of your hard earn money when you don’t know to trade. There is no greater joy than having a personal mentor/coach to direct you on each steps to follow to become a good trader to achieve that financial freedom and also mentor others too. Mark William will surely help
just remember, the shorts may have covered, but they didn't close. Floor is 35 million, ook ook.
(1) I’d rather pay 5 cents than 5 dollars. (2) I manage my own finance properly and benefit. You can make your own choices (3) the people most mad are the people who lose money bc they don’t know how to invest
True, but there are other issues too. Accounts being hacked with 2-factor authentication, horrible customer service, and system crashes during heavy trading days. Including the "leap year" coding error.
Donnie, I agree with you. While I am not and never worked in the investment industry, I do have educational background in Finance and Investment Analysis. My independent study course came with a very thick book with a lot of very fancy mathematics which means that was the "fintech" way of analysis equities and making decisions (as opposed to the investing style based on underlying businesses' fundamentals, which is what Warren Buffett is often credited with basing his decisions on). That study was a long time ago, but a bit more recently (ca 2016) I got exposed to a different fintech style that assesses the risk and potential return of a stock/equity a bit differently which requires access to a lot of historical data that entities like MSCI do have and provide to institutional investors for a subscription (there are many others with Bloomberg probably being the biggest player as they provide a trading platform as well, not just data). You are correct that individual/retail investors don't have some of the requisite knowledge neither about fundamentals based investing nor the fintech one. They don't have access to historical data in the same way either, sure Yahoo Finance, Google Finance, RH, etc. will show you a price, trade volume graph, but you can't get that as a file, nor do you have the historical beta values, or company fundamentals data which you could potentially piece together from various sources, but who has the time for that as it is very tedious. Even if they did, very few have any idea what to do with that, so the best they can do is listen/pay someone else for advice. That exposes them to being scammed.
Here is what I wrote as a reply to some of the comments here:
The RH app comes with a EULA (End User License Agreement) just like any piece of software does. EULAs are usually (I'd say always) are very long, and regular individuals do not know what any individual EULA says because we don't read them, basically the TL;DR effect as well as the legalese they are written in, we just click "YES" as a confirmation of agreeing to it prior to installing or using the software. Even if you read the EULA and you do not like something in it, you can't afford to negotiate it as a single individual, so your only choice is to not install the software. I am not sure how large companies handle this, even if they can afford to have a lawyer to read the EULA and explain it, do the large companies negotiate with, say Microsoft, a different EULA? Ultimately, this WSJ video is lacking on many fronts, I feel that it is basically meant to make people aware of RH existense and their upcoming IPO with a sprinkling of some info about it: some history, some positives, some negatives -- but far from a complete picture, which is somewhat understandable because they would have to explain a whole lot more about how the modern trading system/landscape looks like. For example, the difference between institutions investing and retail investing and how that defines who the "market makers" are, which I think is the "crux" of the situation about the whole GameStop situation, meaning that the "system" (including the SEC, who IMHO protect the institutional investors) got irate at the fact that individual investors suddenly became the market makers for GameStop stock and, thus, fouled up some institutional investors that were shorting it. RH got in trouble due to their trading underpinnings (which is what allows their platform function and earn the business money on "free" trades), but it was the individual traders driven by the Reddit's WallStreetBets thread who banded together to invest into the stock thus raising the trading volume on the buy side and causing the price to go up making them the market makers. Institutional investors routinely make large volume buy or sell trades, and nobody bats an eye for the most part, affecting the stock price of individual companies and often a whole sector. GameStop stock price went up 1,000%+ in a matter of days (I haven't looked up the charts for this comment, so I am not here to give an exact analysis), but I am not a trader or someone in the investment industry to say whether it is unprecedented overall, but I imagine it is definitely unprecedented to be driven by the retail investors and that angered the institutional investors, their lobbied politicians in the congress, who then pressured SEC as well. So the way I see it is that RH didn't expect to ever find themselves in a situation like this and that didn't play well with how they operate, so they were forced to react (due to pressure from Citadel?), and their actions were unprecedented for their platform too, meaning they angered their user base and potentially turned some folks away from their platform. But the fact is that RH isn't the one behind potential attempt at market manipulation, if we consider the possibility that someone on Reddit wanted to create a "pump and dump" situation (certainly someone more experienced in investing realized what is happening and made some money on this situation), although there is a chance this was an attempt to "punish" institutional investors holding large amounts in short positions for GameStop stock, but I don't buy it. So a lot of RH and retail investors from other platforms "got had" as they lost money. But so did some of the institutional investors who had to pay extra in margin calls on their short positions, so on the surface both "pump and dump" and a rebellion occurred. RH just happened to find themselves in a position their business model didn't forsee, which also demonstrated that inexperienced or idealistic individual investors can be vulnerable to be scammed en-masse, and the GameStop situation IMHO was mostly possible due to the participation of the idealistic investors, who probably invested a small amount individually for the most part, thus each one didn't loose that much. Some of those who saw a "pump and dump" opportunity may have lost large sums, some profited handsomely. In the process, we learned a bit more about how RH works and makes money, does this make them the bad guys?
I remember in GameStop Robin Hood colluded with the rich to stop GameStop from being bought. Bad company.
That actually didn't happen at all. Would you like to hear the story?
@@samsonsoturian6013 Yes, I would.
Here is what I wrote as a reply to some of the other comments here:
The RH app comes with a EULA (End User License Agreement) just like any piece of software does. EULAs are usually (I'd say always) are very long, and regular individuals do not know what any individual EULA says because we don't read them, basically the TL;DR effect as well as the legalese they are written in, we just click "YES" as a confirmation of agreeing to it prior to installing or using the software. Even if you read the EULA and you do not like something in it, you can't afford to negotiate it as a single individual, so your only choice is to not install the software. I am not sure how large companies handle this, even if they can afford to have a lawyer to read the EULA and explain it, do the large companies negotiate with, say Microsoft, a different EULA? Ultimately, this WSJ video is lacking on many fronts, I feel that it is basically meant to make people aware of RH existense and their upcoming IPO with a sprinkling of some info about it: some history, some positives, some negatives -- but far from a complete picture, which is somewhat understandable because they would have to explain a whole lot more about how the modern trading system/landscape looks like. For example, the difference between institutions investing and retail investing and how that defines who the "market makers" are, which I think is the "crux" of the situation about the whole GameStop situation, meaning that the "system" (including the SEC, who IMHO protect the institutional investors) got irate at the fact that individual investors suddenly became the market makers for GameStop stock and, thus, fouled up some institutional investors that were shorting it. RH got in trouble due to their trading underpinnings (which is what allows their platform function and earn the business money on "free" trades), but it was the individual traders driven by the Reddit's WallStreetBets thread who banded together to invest into the stock thus raising the trading volume on the buy side and causing the price to go up making them the market makers. Institutional investors routinely make large volume buy or sell trades, and nobody bats an eye for the most part, affecting the stock price of individual companies and often a whole sector. GameStop stock price went up 1,000%+ in a matter of days (I haven't looked up the charts for this comment, so I am not here to give an exact analysis), but I am not a trader or someone in the investment industry to say whether it is unprecedented overall, but I imagine it is definitely unprecedented to be driven by the retail investors and that angered the institutional investors, their lobbied politicians in the congress, who then pressured SEC as well. So the way I see it is that RH didn't expect to ever find themselves in a situation like this and that didn't play well with how they operate, so they were forced to react (due to pressure from Citadel?), and their actions were unprecedented for their platform too, meaning they angered their user base and potentially turned some folks away from their platform. But the fact is that RH isn't the one behind potential attempt at market manipulation, if we consider the possibility that someone on Reddit wanted to create a "pump and dump" situation (certainly someone more experienced in investing realized what is happening and made some money on this situation), although there is a chance this was an attempt to "punish" institutional investors holding large amounts in short positions for GameStop stock, but I don't buy it. So a lot of RH and retail investors from other platforms "got had" as they lost money. But so did some of the institutional investors who had to pay extra in margin calls on their short positions, so on the surface both "pump and dump" and a rebellion occurred. RH just happened to find themselves in a position their business model didn't forsee, which also demonstrated that inexperienced or idealistic individual investors can be vulnerable to be scammed en-masse, and the GameStop situation IMHO was mostly possible due to the participation of the idealistic investors, who probably invested a small amount individually for the most part, thus each one didn't loose that much. Some of those who saw a "pump and dump" opportunity may have lost large sums, some profited handsomely. In the process, we learned a bit more about how RH works and makes money, does this make them the bad guys?
Might tank initially but will probably be successful in the long-run.
Too big of an assumption. Fidelity is getting very close with its beta features. All it would take is for a company to offer a better experience while marketing that they do not take payment for order flow, or answer to Citadel.
This could just be a play for early investors to get their payout before it's eventual demise.
I used to use robinhood but i prefer to use public
It not a challenging sector
"Robbing Hood"
Tldr this video is just a Robinhood advertisement. The WSB want this sucker to go downfall
The whole WORLD now knows your game WSJ with Robinhood lol Stop trying this is looking ugly
They said it is dead before
I'll join any class action lawsuit against the SEC if they do something to bring back commissions on trades.
and wsj the sheriff after robinhood
Why waste your time to ask much questions here or even lose some of your hard earn money when you don’t know to trade. There is no greater joy than having a personal mentor/coach to direct you on each steps to follow to become a good trader to achieve that financial freedom and also mentor others too. Mark William will surely help
@@jakekooser817 who is mark william?the one who is paying you for advertising?
@@auro1986 His actually trade professional, He his my mentor and My Account Manager, he is the best
@@jakekooser817 he pays you for praising him also, doesn't he?
@@auro1986 No he doesn't, I'm no greedy man, I'm promoting him to express how grateful I am, And I also want others who are struggling in the market connect him so they can benefit like I did, that's called upliftment
Contrary to popular belief, I like Robinhood.
Why waste your time to ask much questions here or even lose some of your hard earn money when you don’t know to trade. There is no greater joy than having a personal mentor/coach to direct you on each steps to follow to become a good trader to achieve that financial freedom and also mentor others too. Mark William will surely help,
TAKE HEED BLK AMERICA
RobinCrook
NO ITS NOT HARD TO TRADE.
Slap on the wrist for the big guys!
HI PLS REPLY
This is definitely the WJS
@@xbsOFFICIAL_ YAA
They must make money somehow.
Why waste your time to ask much questions here or even lose some of your hard earn money when you don’t know to trade. There is no greater joy than having a personal mentor/coach to direct you on each steps to follow to become a good trader to achieve that financial freedom and also mentor others too. Mark William will surely help,,
Booooooooooo $GME
The only option for u is Sell
Lets get em WSB!!!!! PUTS
Robinhood be like - Time go go all stonks ^-^
zerodha of us😁
and they are way better, also our laws are the ones that protect retail investors.
Yfg
First
NAAAA
YAAAAA
Delete Robin hood app