Hood is the future of trading. Gen Z and Gen A have the lowest levels of literacy than any other generation in the history of literacy….maybe ever. Here’s why. Gen Z and Gen A are not able to read let alone comprehend a real trading platform like Charles Schwab. Also, Charles Schwab just sounds like some old white boomer dude. Gen Z and A love the flashing colors. They know that red is bad and green is good. That’s all that matters. So no, hood is not going anywhere. If fact it’s setting the pace and there will be other platforms that come along to swindle money from new generation smooth brains. Think about this, several years ago hood literally violated free market trading by shutting down their platform to allow hedge funds to close their positions during an historic event with the stock that shall not be named. And did young people quit using hood? No! In fact they started using hood even harder. So it’s here for the long haul. $135 is cheap
Source- millennial who bought shares at $11.91. God if Gen Z and A could read, this comment would piss then off so hard
those leveraged instruments are great... for friends of an insider, or if you figure out yourself a fresh equivalence of ackman's z score (which is not all that complicated from a perspective of switched on stats/CS/math majors), and even then it's about not being 100% times right, but more so like 55% right, vs random 50%
There are gen Z twentysomethings that have never even been touched by someone of the opposite gender because they can't socialize and are stuck terminally online