Reply To: Should regulators have stricter rules on day trading to protect newbies?

#200375
Lix

    Losing money? Newbies are losing money on virtually everything. They’re losing money each year on a new iPhone which will be obsolete 2 years down the road. They are losing money buying X cups of Java Jive at Starbucks every day. They are losing money buying useless subscription services. They are losing money constantly going out. They are losing money buying drinks. Why is it only worrisome when they throw money out the window buying stocks but it is not when they keep throwing money away by buying useless things that they can easily live without?