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GME and AMC stock action (out of main)
- Thread starter Electroman
- Start date
bkp_duke
Well-Known Member
IB pulled something similar to RH today. I would avoid them.
I have Fidelity and Schwab, I have liked Fidelity better, had problems executing trades on Schwab yesterday, but the margin rates of both suck.
I'm closing my accounts with Robinhood (only used for crypto) IBKR (my large non-retirement account) and TD-Ameritrade (long term savings) as soon as possible. I'm beyond livid. I'm a god damned accredited investor and I'm being treated like a child. I've also contacted my members of congress.
FYI Vanguard still allows me to actually trade what I want so they are going to get the influx of money.
FYI Vanguard still allows me to actually trade what I want so they are going to get the influx of money.
Dabbled in a few of them yesterday and this morning. Got out with minimal gain.
I'm done. I suck at day trading.
I'm good with E*Trade. You can name beneficiary. Usually pretty responsive, but a bit logy today.
gabeincal
Active Member
Etrade? Though I struggled for half an hour this morning with my portfolio, they are generally pretty good.
tstolze
Member
I don't have a huge account with RH, but I did make enough last year to pay cash for 2 Model 3's and the account still has more in it than it did a year ago.
I will be doing the same, time to find another online portal to trade.
Robinhood needs to die after this. There can't be any coming back from manipulation this blatant.
I'm with Schwab and only had some hiccups that seemed to be due to high volume. I have a sizable position in GME and a bit of AMC I'll be holding. They've all but ensured a powerful Streisand effect from halting buying -- at some point it must resume and demand will be higher than ever from the extra publicity.
gabeincal
Active Member
Is it a coincidence that I'm seeing the same names on this thread as well as on the wheel thread? Do we have a problem?
How are people forgetting that RH's real customers are the hedge funds? The whole point of RH was to allow the big institutional investors access to trade flow. Of course they would be doing this today, their real customers asked them to.
ByeByeJohnny
Active Member
I don't think I've ever posted in that thread. I'm here on principle. I'm more upset about this than some former presidents, and that's saying something.Is it a coincidence that I'm seeing the same names on this thread as well as on the wheel thread? Do we have a problem?
And I'm not even American.
Is it a coincidence that I'm seeing the same names on this thread as well as on the wheel thread? Do we have a problem?
You mean the ones who talk about options on main and their posts get nuked
Hope posts here don't get nuked, to even more obsolete thread
gabeincal
Active Member
You mean the ones who talk about options on main and their posts get nuked
Hope posts here don't get nuked, to even more obsolete thread
Yeah, the people who make consistent income with options and getting downvoted for it
corduroy
Active Member
Their real customers may be the hedge fund but they still need the retail users to operate. I am shocked that RH would be so shortsighted to spite their largest user base. Reddit basically built RH. With an upcoming IPO in the works as well? I don't see how they recover from this.
BrownOuttaSpec
Active Member
I use Etrade. Good interface and easy to make trades. Havent seen any real downside to it that sticks out to me. I have some smaller account in Fidelity and Vanguard but I dont like their interfaces at all.
Is it a coincidence that I'm seeing the same names on this thread as well as on the wheel thread? Do we have a problem?
I only trade options socially. I can stop any time I want.
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