Those who shorted through Robinhood last Friday will be seriously hurt by the strong rebound today.
Robinhood Outage All Day
- Thread starter guru
- Start date
I have never experienced outage on IB before. At least, never during market hours.
I don't believe you can directly short, only via options unless something has changed. But none the less your point stands, just another way to screw retail.
- Lucky it wasn't Friday when options expire.
- I don't see much harm in being locked out of your account on a Monday.
lol, oh man am I missing the sarcasm? or something else I am missing? If I was locked out of my account today, I would be beyond furious.
- Does RH have a toll free number to call in trades?
- TD was out a month ago, but they have toll free number for trades.
Because I couldn't put any orders in and make money is the simplest reason. So, I wouldn't of been able to get long, couldn't take profits and now if I choose to buy in on tuesday I have to buy in higher with no profits locked in...
Spy had options expiring today. I’m sure many of the gamblers over in that reddit forum lost their shirts. That’s a good lesson to use a high quality broker even if it means u pay a little in commission. As the old saying goes, you get what u pay for
- You are being blinded by hindsight bias.
- The trades you think you would have made due to today's market action you would not have made if you had access to your account.
- Don't fret on lost opportunities due to hindsight bias.
- Hindsight is always 20/20.