The new middle-class gambling addicts: how day trading is ruining lives

Discussion in 'Trading' started by lwlee, Apr 10, 2022.

  1. Zor_Champ

    Zor_Champ

    https://archive.ph/y2Wno

    Article is about CFD gamblers in the UK. Plus 500 and eToro bucketshops. No better than the wsb degenerates. Yawn.
     
    #21     Apr 10, 2022
    zdreg and TheDawn like this.
  2. That's why I think noob traders should start with a 1:1 risk reward and just try to be right 60% of the time.
     
    #22     Apr 10, 2022
  3. Please, I can only get so erect.
     
    #23     Apr 10, 2022
    KCalhoun likes this.
  4. zdreg

    zdreg

    Thank you. It reflects on the other poster that they did not offer your solution.
     
    #24     Apr 10, 2022
    Zor_Champ likes this.
  5. lwlee

    lwlee

    Thanks. Didn't know if using archive.fo was allowed.
     
    #25     Apr 10, 2022
    Zor_Champ likes this.
  6. savoir

    savoir

    Blaming day trading for ruining people's lives is a fresh headline in the UK I guess. The real exploitation is that this blather of an article is behind a paywall.
     
    #26     Apr 10, 2022
  7. Chood

    Chood

    Where is Lenny "Never a Losing Trade" Dystra when you need him?
     
    #27     Apr 10, 2022
  8. KCalhoun

    KCalhoun

    It's lopsided to focus only on daytrading 'addicts' vs those who win or are breakeven.

    The article reads like reefer madness, demonizing active traders. Totally ignores successful professional traders and competent, in-the-money retail traders. Fck em
     
    #28     Apr 10, 2022
    Gazillionaire and Zor_Champ like this.
  9. Cramer is prolly the only one who knows.
     
    #29     Apr 10, 2022
  10. maxinger

    maxinger

    only a few will become successful full-time day traders.
     
    #30     Apr 10, 2022