Page 6 - Trading Apps News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Experiences of three amateurs in california who all buy and sell their shares using trading apps. gavin may, a 19—year—old youtube star, parkour enthusiast and amateur online trading guru. do you sometimes wonder why people listen to a 19—year—old who's been trading for, like, six months? yeah, no, totally. that's definitely a very valid question. john motter, who works for a homeless charity. he blames big finance for some of la's housing problems. have you ever bought any shares before? no. first time? first time. and casper and matt who run a social media marketing company. i'm a ga...

Around that and just, like, learn a lesson. and gavin says he ended up making $40,000. there is this kind of assumption that a lot of people who are on wallstreetbets were just there to, like, make a political point about hedge funds, but actually there were lots of retail investors that were there to make money, like you. yeah, no, definitely. i would say, as much as people say that they wanted to make a point about hedge funds, at the end of the day they all wanted to make some money. what's clear is that trading apps have transformed the financial system. trading's become more democratic, b...

What's clear is that trading apps have transformed the financial system. trading's become more democratic, but conversely, it's also become more risky — exaggerating the highs and the lows. the story of gamestop, then, is both inspirational and cautionary. if this was a revolution, it was one that had its casualties, of some investors who reached for the moon and didn't quite make it. hello. not everybody wants a white christmas, believe it or not. some would preferjust some crisp winter sunshine. there won't be much of that on offer this weekend,

That figure is certainly in the millions, and likely the tens of millions. but then something happened. one of the biggest trading apps used by amateur investors, called robinhood, based here near san francisco, made a crucial decision. it and other trading apps were happy for people to sell gamestop shares, but it wanted to restrict people from buying them. that really took the wind out of the sails for the whole movement, because now the majority of the people can't even buy this stock. and obviously, you know, a lot of people started freaking out a bit. robinhood's reason? well, their chief...

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