https://archive.ph/y2Wno Article is about CFD gamblers in the UK. Plus 500 and eToro bucketshops. No better than the wsb degenerates. Yawn.
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.
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.
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