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2) Making money everyday in the stock market is not as exciting or sexy as losing $ gambling everyday. So the masses take their small bets and lose. Instead of save those small losing bets until they can trade the market and win.
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Why would anyone gamble at a casino etc when they could trade the stock market and make profits everyday? 1) Because you need to save up enough $ first to trade the market. Most people are not discipline enough to do that.