I hope your dumb ass isnt claiming to be a trader.The market isnt to kind to those with an IQ below 50.
Do you really believe that grossly manipulated markets are good for traders and the general market itself? https://www.wsj.com/articles/gamestop-surge-tests-scope-of-secs-manipulation-rules-11611838175
I expect professional retails are worried about changes that may come down on them adversely. Does not affect you anyway.
Wow, Bugenhagen with at least a little more nuanced response than the rest. Not bad. The real bad guys are the turds at Robinhood who rigged that platform to prevent buying, as far as the rest of the people are concerned, I am missing the problem. If you are a hedgefund and over-leveraged, tough shit. If you are some clown from reddit and you made a killing, good for you. If you are some clown from reddit and you got in too late, tough shit. My point is simple. Anyone who claims to be trader, who couldnt figure out how to make a killing in that situation, has no business trading. Bottomline: Two highly, highly, highly, profitable round trips by Wildchild this week. Even better than the market meltdown last year. I want to see more of this. These people are borderline wiring money directly into my account. Its awesome.
Don't worry, I guarantee a lot of those people on reddit lost their ass. Nobody seemed to give a fuck when Bill Ackman was doing it and feeding people's fears. Now a bunch of slackers with Robinhood accounts do it, and people are aggravated. The markets have a pretty cruel way of punishing this type of behavior. If someone is willing to give me their money, I will do the moral thing, and take it. Problem solved and we didnt even have to enlist the help of some greedy politician like Elizabeth Warren. The only reason Elizabeth Warren is worried is she doesnt want anyone else cutting in on the action. Greed, self-interest, hypocrisy, I am not impressed with the failed candidate, Elizabeth Warrem.
This goes on in the markets everyday, we’re just witnessing an exaggerated example of price manipulation while a few notable names had their asses handed to them by the “have nots”, which may or may not be the case. What should be concerning for everyone is RH’s risk management. Monday may be very interesting.