Another Robinhood story?

You can't save people from themselves. Funding a trading account from credit card and mortgage money? I just don't know how to react to that.

 

And when student loans hit the bank account. Yep

 

Sorry, but I can’t feel sorry for anyone who took out credit card loans and two mortgages to gamble, then hits the jackpot (15k to 1MM), and takes NOTHING OFF THE TABLE!!!
Boo-hoo blame Robinhood??? did he blame Robinhood when he was briefly a millionaire?

PERSONAL RESPONSIBILITY.
Look it up Millennials

 

Dozu said to do just that. Take out a second mortgage and put it all on black. Works well until the margin calls come.

 

That is an oxymoron for millennials.

 

In the short time he was a millionaire, he was probably, bragging to his friends how trading is so easy and now, he is going to grow his account to $5,000,000? He is truly, a gambler no doubt.

 

Do they actually allow young kids to fund via credit card effectively offering double margin to noobs who should not be able to trade on margin?

 

he's a boomer

 

They do not. It would be an illegal extension of margin.

 

I wonder how he is getting along with the IRS right now?