Quote:
Originally Posted by OneHungLo
Well the people who matter, the people with money i.e the workforce and people with stock portfolios, own stocks. But yeah, the people who lose money are the day traders. What they are doing is just gambling / buying options / using leverage on whether a stock will go up.
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I think there are more people who matter than that. Plenty of people in the workforce who are not in the market. most in fact.
Actually, the people losing money in the market that I am referring to are losing to day traders, and institutions, and algos. the average joe doesn't stand a chance as a single small stock investor.