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That’s what stockbrokers say, sure. They don’t actually care, they’re brokers. They make money from the sale regardless, and the more kind of sales and services they can make and charge for, the better off they are.
Especially when it helps create a labyrinth of industry specific terms and rules they know and you don’t.
That’s why they were laughing at the GME bullshit, like Redditors thought they were the ones losing money. Every little retail trade had a percentage that went into their pockets.
That’s what stockbrokers say, sure. They don’t actually care, they’re brokers. They make money from the sale regardless, and the more kind of sales and services they can make and charge for, the better off they are.
Especially when it helps create a labyrinth of industry specific terms and rules they know and you don’t.
That’s why they were laughing at the GME bullshit, like Redditors thought they were the ones losing money. Every little retail trade had a percentage that went into their pockets.