-
-
JUAN TIME -
Do Secretaries of State in other states have similar high a profiles? Galvin is constantly getting face time on television through public service spots like FindMassMoney.com and voter registration etc etc. He’s a savvy politician championing feel good / no lose policy. I’m a fan actually.
The #1 most educated state population in the USA dishes RH a black eye. good times.
Has Michael Lewis ever chimed in on Robinhood or selling order flow? That would be a good take. Brokerage & exchange fraud and the useless SEC prolly gets tedious after a few decades.
I was revisiting Navinder Singh Sarao last night. Great tale. Stop fucking around a write that screen play Sonatine.
Comment
-
no one really talks about the rh order flow / citadel deal because i dont think anyone really cares. its not unusual and it somehow costs people less than the rake at thinkorswim.
speaking of which im about to set up a new SPY scalping roll and honestly its real interesting to me that there are no market orders available for SPY options at either RH or WB, whom are the only players in town who dont charge contract fees.
to be clear, if im targetting 20% profit per contract, im paying 6.5% of my profit in rake on it just to buy the contracts. like that shit adds up.
webull? robinhood? fuckin free. now the obvious question is... would citadel somehow front run my orders and rake them more than tos?... its certainly possible... honestly id like to know the answer there.Comment
-
It doesn’t matter if you don’t care about spreads or price. try to make options trades on RH on a full stomach. Most RH nerds are prolly involuntarily fasting anyways.Originally posted by sonatine View Post
Comment
-
try calling RH landline for support and you get a automated message that you should write a email to them lol. I dont understand that there is so little oversight in this industry with millions of dollars at stake from thousand´s of people but still you can run it like your mom and pop shop in rural arkansas.
Comment
-
Rustled this outta my spam folder... couple days old. I thought I had a restraining order
To our Massachusetts customers Hi XXXX You may have heard some news about Massachusetts regulators and Robinhood. We strongly reject the unfounded allegations made against us and are defending against this meritless action. We fully intend to continue serving our Massachusetts customers. To be clear: today’s news has no impact on your account. You can learn more about what’s going in our blog post and get the facts in our Help Center. Does this impact the money in my account?
No, this decision by Massachusetts does not impact your funds.
Is Robinhood going away for Massachusetts customers?
We love Massachusetts and our Massachusetts customers, and we fully intend to continue serving you for the long term. We welcome the opportunity to correct the record on both the facts and the law, and expect to prevail in state court.
yada yada yada.Comment
-
Now the only thing missing is in this kafkaesque weirdness is Massachusetts banning RH and therefore confirming its not better then any gambling site but with less oversight thus triggering a chain reaction in future years banning all retail trader from ever participating in any security´s trading unless they vetted you enough to make sure you will not do something like wallstreetbets did to citadel, ergo welcome to our dystopian future where the little man is stomped on until he suffocates.
Let the games begin!Comment
-
this is an extremely coge take.Originally posted by Zalgo View Post
i tried to roll a small 401k into a Interactive Brokers margin IRA for trading and was told they want 100k liquidity before they let me flip options HU 4 rolls.
black friday 2.0 is coming and its going to shut 98% of the current retail crowd out and probably take 30% of the markets liquidity with it and another 70% of market cap before its done.
#spy160Comment
-
well remember archegos capital? The only question they get is "how much you wanna gamble?" and then they snort a phat line off from a dead hooker´s ass and scream:i tried to roll a small 401k into a Interactive Brokers margin IRA for trading and was told they want 100k liquidity before they let me flip options HU 4 rolls.
https://i.imgur.com/CRXs2Zb.gifComment
-
oh totally if youre 'connected' with a proper bank you can get levered as deep as you want, because obviously the banks know there is zero risk. if they fuck themselves into too deep a hole they get bailed out or, worst case, somehow write off / deduct the losses.Comment
-
https://finance.yahoo.com/news/sec-c...181609039.html
...gamification... i am sure its all about protecting the retail trader from himself...
Attached FilesComment
-
-
1) what exactly do they think robinhood and citadel did to make gamestop turn into a short squeeze? because im checking my notes and so far its got one item in that list 'fuckall'.
2) lmao at the SEC ever even inconveniencing citadel.
bonus point
3) whats really going to fuck this but good is biden somehow rolling alllllllll this shit into income tax.Comment
-
NPR’s “How I Built This” did an hour with Vlad Tenev. No earth shaking insight but the origin story from Vlad’s lips was pretty cool. It just adds a layer to your understanding and reaffirms your dismissive attitude toward RH.
https://www.npr.org/2021/04/07/98504...ood-vlad-tenev
Comment
Tweet
Comment