r/wallstreetbets • u/1Loveshack 🦍🦍🦍 • Aug 17 '24

Gain How my Doing 🚀😎🌴

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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/MattNis11 Aug 17 '24

You do NOT know if it was more than any broker.