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0 pointswhat_ever8y ago0 comments

Thanks. I think so many people here don't understand how people use RH and quickly jump to conclusion thinking it's only "low net-worth individuals" using it. Before RH, people still invested in individual stocks and it wasn't only "low net-worth" individuals attracted by the greens and reds in the UI doing those.

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bigtunacan8y ago

I’m sure for some users the notifications can be alarming or induce bad/impulsive behavior.

I have on occasion though found them useful where I get a notification that X stock is down Y% today. Most of these have been bad market days and I’ve said, “Nice, I’m long on X and it’s on sale today so I’ll pick up a few more shares.”

So on the one hand I understand how these could lead to a rash decision from some I don’t think Robinhood is trying to get people to buy high and sell low.

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