trading 212 on your mobile

Cynicism / paranoia also leads to suspecting this is a means to pull in millions of hopeful and ignorant new traders to be absolutely rinsed in the rigged game. Casino marketing technique
 
Ie covid freeze, Consumer spending slowing, everyone playing it safe with their savings. How do we shake this up and get more liquidity and risky irrational behaviours to exploit ... get all the proles into stocks.
 

muser

Well-known member
Well I've been trying to put all my rent money into one of these stocks but none of the apps / websites are letting me register.
 

yyaldrin

in je ogen waait de wind
just got a massive score on the ernest hartmann boundaries scale and it's what my senses tell me so be warned.
 

catalog

Well-known member
Oh no worries, I did think that might be what happened. Cool. If you do wanna do something for it, deets are in that events post.
 

IdleRich

IdleRich
So the deal being kept is quite a sacrosanct thing? And this is what the US government are now trying to renege ON? probably more complicated, I don't really understand this...
When you write an option then you are signing a legal contract to honour it as far as I've always understood.
Robinhood isn't letting people off their contracts as far as I know, just stopping more people piling in - which can potentially change the value of the contracts people are holding.
 

IdleRich

IdleRich
That was an incredible read.

So- can you short the banks? If you had 50k you could start a fund as a hobby and just liquidate. Insurance might be tricky but llps are allowed to trade, no..?
You can short sell shares in a bank (or some kind of banking sector tracker) or you could buy puts or sell calls, or there are numerous other ways you can bet on their value going down. But how do you know they will go down?
 

IdleRich

IdleRich
I guess we'll need to wait until the book (which is undoubtably being written) to know the full details of what happened and why it went back down.
 

Leo

Well-known member
presumably because lots of investors -- including reddit bros who won't admit it -- cashed out.
 

IdleRich

IdleRich
That would be my guess yeah, but as they won't admit it's hard to know for certain. Possibly catalysed by the Robin Hood thing preventing more little guys from investing so they knew it wouldn't go higher.
 

Leo

Well-known member
but how many little guys are going to keep buying when it's over $400 a share? Sure, they pile in when it's $10 or $30, but after awhile, the reality of their budget hits.
 
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