2 ms·
Agreed - as with most things I am often shocked at the lack of knowledge people know about how things work. Especially in the stock market frenzy these days -
by boringg 5y ago
Agreed - as with most things I am often shocked at the lack of knowledge people know about how things work. Especially in the stock market frenzy these days - people are just buying stock as if its a gamble (which it kind of is) but without any understanding of much of anything other than hype (which, to be fair, you can do well trading like that).
- vmception 5y agoI’m still trying to reprogram myself to understand hype momentum trading. I’m just about ready to open small but meaningful positions in meme stock options and meme cryptos. I expect them to make a loss, but all the others tops were not tops and actual hedge funds and non profits (Mormon Church, for example) join the sentiment and trade too. All top indicators don't matter when the Federal Reserve and Congress are adding more money into the system. It doesn't matter if people that rarely have money to invest are talking about investing.