'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
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.