Everything that the war teaches though, you can learn from a hospital. But this has nothing to do with those Robinhood traders did though. There was no "fog of war" when they were buying companies that they KNEW were going bankrupt. There was no "confusion" that those companies had no value and thus their stocks would have no value. They KNEW what they were getting into but they didn't give a s***. Now the s*** is really hitting the fan and they want to scramble for cover. LOL Yeah well the market doesn't work that way. You deal with s*** whether you like it or not; there is no cover and there is running away (unless of course you have $10+ trillion in assets and have friends in high places then you get what's called a bailout) And btw, the military is very different from the business world. In the military, when you own up to your mistakes and admit your responsibility, you don't get fired and you even get promoted and you earn the respect of your fellow men. In the business world, when you own up to your mistakes and admit your wrongs, you become scapegoated; everybody dumps their fault on you. You get fired and not only you get fired, you even get sued and you get cast out of the society. In the business world, there is no honour, only saving your own a$$es. Whoever didn't get their a$$ handed to them. So this probably explains why there are so many empty seats in the audience.
Depends on the leaders & culture. Potentially - might be a reason. Tho lots of other factors too. Like the audience usually made out of 60% female, and not that many is interested in war. (Just made up these statistics as e.g of/for potential reasons) But not the war was the point. The point is taking the responsibility of your faults & flaws. In any area of life.
Well that's a little hard to do when they see trillion-dollar companies who f*** up an entire world's economy get billions of dollars of bailout and its top execs get millions of dollars of bonuses, pensions...
I hate Robin hood, even the name itself is a Joke. Can someone please shut down their operation ? They are making mockery of trading business with all these has-been wee kids
That's the challange. Despite anything that happens, trying to look for your own blind spots, lack of preparation. The injustice in any system = no system is perfect, but, the life quality is unprecedented. Ironically among all of the global systems. Unless one dedicates his life for a crusede of fixing those flaws, the only other sane way is accepting the reality. I am imperfect individual in imperfect system. What im going to do about it ?
Newbie traders minds could be very predictable. They like to buy very cheap stocks thinking that they are very smart. Then the stocks become even more cheaper.
Stock players, including noobs, can make any play they want... so long as they do it with a stop. If you don't do that, then you have to cope with the consequences and face the fact that YOU'RE STUPID!!
since all retail brokers are commision free why do people talk about robinhood like its something different?