this post was submitted on 28 Oct 2024
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[–] taanegl@lemmy.ml -5 points 1 day 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 1 day ago* (last edited 1 day ago) (1 children)

Please go look up the Dow as of October 1994.

Thank you.

[–] taanegl@lemmy.ml 0 points 1 day ago

No.

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