Cramer: Wall Street Frontrunning Robinhood in Premarket
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What is Cramer talking about? All of the stocks he mentioned made huge multi-day moves of 200-300%, many day & swing traders made a killing on these - who's gaming who?
Fast & nimble day & swing traders have been killing it, the larger operators can't move in & out the speeds we can.
Fast & nimble day & swing traders have been killing it, the larger operators can't move in & out the speeds we can.
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Just a modicum of basic economic understanding would dissuade a person to pay a 50 percent premium on Hertz rental car during the early stages of a recession.
That's the thing.. Emotions defy logic.
New "traders"(gamblers) don't know what they are doing, the only thing they have are their primal instincts with a brain conditioned to instant gratification.
They think buying naked calls is a good trade-historically it's been the worst, but they won't blow up -it's death by 1,000 cuts as call premium goes to the Moon
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About 97% true;
but trading is not gambling=false. Some may say ''well WSJ says it is sometimes''LOL
I do have a REALTOR friend he calls stupid risk ''gambling''
,You can't buy stocks till 9am on RH anyway. Robinhood users (used to be one, still am, tbh) are more investors and less traders. They hold onto stocks longer than a day. I use RH to grow discretionary spending account, you know, shit I don't actually need like a Ryzen 9 instead of a Ryzen 7 CPU.
You don't know what you're talking about. Dude is mad knowledgeable. Bashing Cramer is just dumb. Game recognizes game and that's how I know you don't have it.