r/wallstreetbets 🦍🦍🦍 Aug 17 '24

Gain How my Doing πŸš€πŸ˜ŽπŸŒ΄

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u/Servichay Aug 17 '24

Why does Robinhood = gambling?

143

u/Ermahgerd_Sterks Britney’s #1 fan Aug 17 '24

Because it’s cool to shit on them even though their app is the best for most stuff. Sorry not sorry.

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u/WheelerDan Aug 17 '24

The real answer is they shut off buying and selling at critical times more than any other broker, they give you an hour less in a day to exercise options and their app is designed to get you to constantly be buying and selling because they make money on selling your trade before they make it for you, greatly increasing your odds of losing your money.

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u/Knozis Aug 17 '24

So did every other brokerage, but the fucking dorks who were in that moronic "sHoRt SqUeEzE" has never heard of another broker before discovering investing a week before after their even more regarded cousin recruited them to the cause, and they can't accept that perhaps they blew their $100 account up with that play, so they blame RH.

You know what every other broker doesn't do though? 3% IRA match, 5% interest on cash, 3% cash back on all purchases on credit, and 1% match to any and all deposits. Fucking regards losing out on money for no reason.

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u/AutoModerator Aug 17 '24

Squeeze deez nuts you fuckin nerd.

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u/Knozis Aug 17 '24

I knew I liked you AutoMod