I get the feeling that the less RH is available, the less money their customers will lose.
Robinhood trading site seizes up, customers miss stock rally
11–20 of 65 posts
Re: Robinhood trading site seizes up, customers miss stock rally
#12I'm know it can be done in python, but its about curbing any potential for human errors. Interested in seeing the RCA for this.
Re: Robinhood trading site seizes up, customers miss stock rally
#13Re: Robinhood trading site seizes up, customers miss stock rally
#14I'm pretty ignorant of investing services/brokers... Is this a case of people putting all their eggs in one basket? Does Robinhood have a "guaranteed" 99.9xxx% uptime guarantee? Sucks for a lot of people who evidently are putting a lot of money in the market and couldn't do anything due to a technical issue.
This is what $0 commissions gets you...
Re: Robinhood trading site seizes up, customers miss stock rally
#15I'm not a Robinhood user -- do they have guaranteed stop losses? This is something that could appease lots of users (assuming it's used correctly) even in this kind of situation (since _guaranteed_ stop losses exist pretty much for exactly this eventuality).
Re: Robinhood trading site seizes up, customers miss stock rally
#16I checked one of their backend engineering job postings, using Python and Go... mostly python? Probably should have chosen something ~~boring~~ safe, like Java. A dynamic language like python/ruby doesn't seem to be a good choice for critical financial applications. I'm know it can be done in python, but its about curbing any potential for human errors. Interested in seeing the RCA for this.
Re: Robinhood trading site seizes up, customers miss stock rally
#17I checked one of their backend engineering job postings, using Python and Go... mostly python? Probably should have chosen something ~~boring~~ safe, like Java. A dynamic language like python/ruby doesn't seem to be a good choice for critical financial applications. I'm know it can be done in python, but its about curbing any potential for human errors. Interested in seeing the RCA for this.
Re: Robinhood trading site seizes up, customers miss stock rally
#18Re: Robinhood trading site seizes up, customers miss stock rally
#19It is kinda like a bank rush, only really well heeled institutions can survive everyone and their mother jumping in the fray.
Now.. the common question is whether the company should have an infrastructure that can support its customer load at times like this.
Re: Robinhood trading site seizes up, customers miss stock rally
#20I checked one of their backend engineering job postings, using Python and Go... mostly python? Probably should have chosen something ~~boring~~ safe, like Java. A dynamic language like python/ruby doesn't seem to be a good choice for critical financial applications. I'm know it can be done in python, but its about curbing any potential for human errors. Interested in seeing the RCA for this.
Why is an "exciting" (antonym to boring) language bad for this, and what makes a language "exciting"?