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AustenAllred's profile
Austen Allred
Austen Allred
Austen Allred
Verified account
@AustenAllred

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Austen AllredVerified account

@AustenAllred

CEO @LambdaSchool (YC S17): A CS education that's free until you get a job. I have made remarks that I do not agree with.

San Francisco, CA
lambdaschool.com
Joined December 2010

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    Austen Allred‏Verified account @AustenAllred 13 Dec 2017

    Robinhood announces free options trading for people new to the stock market. This will absolutely, positively end in tears. Where is my popcorn?pic.twitter.com/k55CDjTui4

    8:53 AM - 13 Dec 2017
    • 18 Retweets
    • 106 Likes
    • jake rosenberg 🥑 ada Ian Hansen Frank Fumarola Ben Lynett Rajesh Mappu Josh Humbert 𝐓𝐙 ᴳᵉᶰ ᶻ ᵂʰᶤˢᵖᵉʳᵉʳ 🦓 NavigateMarketStorm
    13 replies 18 retweets 106 likes
      1. New conversation
      2. FANG Meltdown‏ @chute75llc 13 Dec 2017
        Replying to @AustenAllred

        Can I sign up to sell any options they buy?

        1 reply 0 retweets 3 likes
      3. Austen Allred‏Verified account @AustenAllred 13 Dec 2017
        Replying to @chute75llc

        Net short robinhood options lol

        0 replies 0 retweets 5 likes
      4. End of conversation
      1. New conversation
      2. Market Death Spiral‏ @sspencer_smb 13 Dec 2017
        Replying to @AustenAllred

        regulations require suitability for options trading. brokers can only approve specific strategies based on experience.

        1 reply 0 retweets 0 likes
      3. Austen Allred‏Verified account @AustenAllred 13 Dec 2017
        Replying to @sspencer_smb

        Ya but it's generally self-reported experience

        0 replies 1 retweet 1 like
      4. End of conversation
      1. New conversation
      2. Dennis‏ @eekfuh 13 Dec 2017
        Replying to @AustenAllred

        They know their market with that yacht image.

        1 reply 0 retweets 1 like
      3. Ian Hansen‏ @supershabam 13 Dec 2017
        Replying to @eekfuh @AustenAllred

        It me?

        0 replies 0 retweets 1 like
      4. End of conversation
      1. Jen Abel  💬 🏁‏ @jjen_abel 13 Dec 2017
        Replying to @AustenAllred

        If calculated experiment it's a great learning experience. I learned most about #investing and #trading by making small, stove burning mistakes. Few casino runs taught me a lot about probability, edges, crowd moves, etc. ... Important to lose small in beginning.

        0 replies 0 retweets 1 like
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      1. A. Martin Castro‏ @AMartinCastro 13 Dec 2017
        Replying to @AustenAllred

        i'm buying futures on this tweet

        0 replies 0 retweets 1 like
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      1. Stephen Pimentel‏ @StephenPiment 13 Dec 2017
        Replying to @AustenAllred

        Most newbies should not even be trading stocks, much less options.

        0 replies 0 retweets 0 likes
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      1. TezosCommunity‏ @TezosCommunity 13 Dec 2017
        Replying to @AustenAllred @johnloeber

        Bitcoin futures for the trifecta?

        0 replies 0 retweets 0 likes
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      1. Kumar Thangudu‏ @datarade 13 Dec 2017
        Replying to @AustenAllred @austinmcraig

        options trading is a terrible on-ramp......

        0 replies 0 retweets 0 likes
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      1. Dave Craige ⚡️‏ @davecraige 13 Dec 2017
        Replying to @AustenAllred

        (would love to see the Robinhood of crypto. These fees suck)

        0 replies 0 retweets 0 likes
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      1. dualitybanx‏ @dualitybanx 13 Dec 2017
        Replying to @AustenAllred

        Options need to be used carefully. No leverage and fully covered best way otherwise it will end in tears. Can be a great way to manage ones existing portfolio of stocks.

        0 replies 0 retweets 0 likes
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      1. Rajesh Mappu‏ @Rajesh23MD 13 Dec 2017
        Replying to @AustenAllred

        Easily better trading app.

        0 replies 0 retweets 0 likes
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