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jebblue | 10 years ago

I'm not rich enough to be an investor but I agree, some kind of cool down system should be required.

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des429|10 years ago

There is a cool down system if things become too volatile. They halt trading for 15 minutes or shut it down for a day. They mentioned that if S&P500 were to drop 7% they would halt trading for 15 minutes today.

randyrand|10 years ago

> I'm not rich enough to be an investor

It doesn't take much money to invest in the stock market. Do you consider yourself thrifty? That's the major criteria for becoming an investor. Living below your means and saving. I have been in the working world for ~8 weeks now and already have some investments lol.

jebblue|10 years ago

Why was this down voted?

photosinensis|10 years ago

Because it's ignorant. There are cool down systems in place if the stock market swings too wildly in a short period of time.

qrendel|10 years ago

It appears a good portion of comments in this thread have been, many of them not obviously bad. HN seems to have developed a contingent of people who downvote anything they disagree with, without explaining why they disagree, and this thread is particularly heavy on them.