Saagar Enjeti
@esaagar
girl dad. host of Breaking Points
Joined November 2011
4.5K Following 517.3K Followers
'Day trading' content is absolutely exploding on social media targeted to young men especially after Trump removed the 25k reserve limit. A reminder that its almost as bad a bet as gambling
70%+ of day traders lose money over the course of a year
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Day trading might seem like the high-risk, high-reward activity that only specialists would engage in.
But we found that 38% of male students ages 18 to 29 traded stocks daily.
This compares to just 14% of young men with a bachelor’s degree and 21% of those without a degree who day trade.
We found that young men who day trade are nearly twice as likely to report feeling like a failure as those who do not.
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