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No, the large majority of the traders there don't have the capital to be big players. Some do, but they are undisciplined in the sense that the timing of when t
by knaik94 6y ago
No, the large majority of the traders there don't have the capital to be big players. Some do, but they are undisciplined in the sense that the timing of when they close positions is unpredictable. It's closer to someone in a casino on a high from their hot streak not understanding the time to pull out. Some argue that they trade on herd mentality, but the reality is that you're likely to only see people who lost or gained large amounts of money. And no matter what meme stock has attention currently, you'll see losses contrasting the gains.