Bloomberg "Some 64% of Young Men Day Trading Stocks Feel Like Failures"finance.yahoo.com 2 pointsvalgaze1 month ago3 commentsSaveHideCopy link On HNComments−elmer21moDay trading is gambling. Of course a large percentage will feel like failures.−al_borland1mo64% feel like failures, but closer to 99% are actually failures. The percentage of people who consistently made money day trading is in the low single digits. Almost everyone would be better off buying index funds and finding a new hobby.−toomuchtodo1moA lost generation due to failed US economic labor policy. A cautionary tale.
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Day trading is gambling. Of course a large percentage will feel like failures.
64% feel like failures, but closer to 99% are actually failures. The percentage of people who consistently made money day trading is in the low single digits. Almost everyone would be better off buying index funds and finding a new hobby.
A lost generation due to failed US economic labor policy. A cautionary tale.