I think it’s mostly cause the culture is mainly surrounding making $$ quickly rather than sustainably over a long time. They’ve effectively monetized on gamification of people’s savings accounts.
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While you're absolutely right about this, it's unfortunately prone to the public's opinion as well, so you could think that they're possibly doing this intentionally to guide the prices themselves.
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Trading the stock market short term is certainly gambling. Long term investing not so much. Eg. long term retail investors in Tesla have had an edge versus Wall Street traders who were too focused on quarterly results (which is what their salaries are based on).
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Tbf all the good tools are behind a paywall and the popular ones are popular because gambling is more fun. I think it's similar to coding where the quality coders are very few and far between
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Any trading platform I checked does (I imagine by law) warn you that 75%+ of their users lose money, but everybody is a 90th+ percentile in their head and wants easy money (short play speculation) I only use one for pre-IPO spread bets (as short as it gets)
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Any uneducated person wanting a long game should look at ETFs. Nobody, not even hedge funds (demonstrably), can predict a small spread, or single titles.
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It’s literally a casino. Majority of US stock market infrastructure is operated by a single conglomerate that pays for order flow from those retail trading platforms. They have all the data, capital and incentive to induce market volatility.
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Risk management is all you can do
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Brokers make money on execution (transactions). Day trading generates more transactions than institutional investment. Retail trading is all about that and always has been. Research costs money and (at least in eu since mifid ii) can’t be bundled with execution. It’s economics.
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