this post was submitted on 28 Oct 2024
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[–] taanegl@lemmy.ml -4 points 17 hours ago (1 children)

It is gambling, because dark pools. That is the house. You're not trading the actual stock. The financial institutions do that. You buy stock from them, and they in turn give you a fake number and invest it in all secrecy.

In essence, you'll get your money, but they will handle the profits. So it is a rigged slot machine.

[–] FlashMobOfOne@lemmy.world 1 points 17 hours ago* (last edited 17 hours ago) (1 children)

Please go look up the Dow as of October 1994.

Thank you.

[–] taanegl@lemmy.ml 0 points 16 hours ago

No.

Please read my original post again. Did I say "was and always has been" or did I say "is"?