FOMO in the age of Millenials and Robin Hood.

Discussion in 'Trading' started by Cuddles, Apr 6, 2020.

  1. Cuddles

    Cuddles

    Anyone got a good sense of how to analyze volume coming in from RH? I'd like to understand how much impact the noobs are having on the market. I realize some old timers are likely on RH as well but by and large is likely 1st time users.

    I've only found the following:
    https://robintrack.net/symbol/UDOW
     
    d08 likes this.
  2. dozu888

    dozu888

    age group doesn't matter.. you need to look up household participation rate AAII sentiment checking account cash balance all that stuff plus now there is the $6t injection and rate is zero.

    what happened to 'don't fight the fed'..

    just buy the fcking market.
     
    jys78 likes this.
  3. Cuddles

    Cuddles

  4. ajacobson

    ajacobson

    They clear APEX so I expect the trade give up is APEX, not RH - would make it kind of hard to separate out.
     
  5. zdreg

    zdreg

    Is Apex a solid clearing firm? I know some of the firms they clear for and have not been impressed by the roster.
     
  6. ajacobson

    ajacobson

    Remember Apex was the firm that absorbed Penson. Solid firm? Read their balance sheet.
     
  7. Penson was cool, they sent me a free horse racing jacket!
     
  8. Nobert

    Nobert

    lol.
    (the way it's written, just funny...)

    ~The last march of the noobs.~