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Fly-by-night traders, a downward spiral in wealth creation
By Theory of Constraints  •  July 1, 2020
Low to zero commission fees, buy/sell at the click of a button, easy access to trading platforms, all major markets inclusive — a win-win situation for consumers and service providers, don’t you think? COVID-19 had in recent months cause a total or partial lock-down in many cities or even countries, resulting in boredom for many people coped up in the confines of their four walls. And what do people do to cope with boredom? They turned to whatever entertainment they could find on the internet. Forget Netflix, online gaming or even pornography — “Investment” happened to be one of the activities that people turn to, and this has created a new breed of fresh “investors”/speculators/traders (whatever we call it) as compared to pre-COVID days. Source: qz.com Data: Nasdaq Another group of people who had entered the fray are those who have lost their jobs as a result of the pandemic....
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By Theory of Constraints
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