Trading on Margin: The GameStop Experience

This chapter explores the journey of signing up for a trading platform and making an immediate investment in GameStop stock, with a focus on Robinhood's margin accounts and instant deposit features. It discusses the inherent risks of trading with borrowed money and the complexities of stock transactions, including the roles of brokers and clearinghouses. Through personal anecdotes and humorous analogies, the chapter demystifies the intricacies of trading, highlighting the operational challenges and the impact of leveraging investments.