Robinhood CEO was bragging that the Newbies on his trading platform have made over 25 Billion in gains.
Ok but keep in mind that we are in the greatest stock market Bubble of all time.
The value of the entire market is up 10's of trillions recently.
What about in a bear market?
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Did you see Jim Himes challenging Vlad on that point?
He was like, cool $25 Bil, big whoop - what's the rate of return that yielded that?
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It’s all just gambling so who knows? The expert roulette player VS the first time person who triples their $$ on the first roll. Exact same thing. Luck.
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Im actually anxious to learn how to make money on a downward trend. I feel like if I can master trading in a bearish market, a bullish market will come a lot more simple.
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