Davey-Day-Trader and "How Robinhood App is like a Video Game".

right.

It is for entertainment where you lose money for the sake of entertainment.

It is not for professional traders who earn money for living and entertain himself
in other way.
 
maxinger said:
right.

It is for entertainment where you lose money for the sake of entertainment.

It is not for professional traders who earn money for living and entertain himself
in other way.
More...
Dave seems like another showman like Timmy Sykes and the other guy claiming to make massive gains. Dave can fall back on his $200 million dollar business once he helps blow all these poor traders up. The article points out "Leon Cooperman said there are going to be a lot of tears from Robinhood investors".


What do you think will happen, another 2001 where people were filled with depression after losing it all? I knew personally three guys who made eight figures during the DotCom, two were brothers who lost $500k trading when Decimals came and they walked away to invest in antique cars and real estate. They understood their edge was gone, one survived day trading until he moved to China doing PIPEs. The rest blew up, sad outcome for most.
 
I completed/beated over hundred of video games in my teens and 20's.

It's similar, but, none of those games, asked of me, to reinvent that, of who i was. Both on emotional level and work ethic. (should say, gaming ethic (?))

And at the most it took 3 weeks to finish, while this game, it's 3 years by now, and only now im starting to win.
Conclusion, - more fresh meat for the markets.

p.s. gave a look to the first screenshot and this what the author has shared :
(the lower link of yours)
https://www.marketwatch.com/investing/stock/cyig
+ 3 mins candle char (?) for options (?)

Word.

p.s.s
That blog is full of garbage.
 
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It's deliberately designed to be game-like. Gen Y grew up playing a lot of games, psychologically having a similar interface puts them in their "nice place", where they feel comfortable and secure. Any company wants that.

Because if you remove all the interaction, you just have a stream of numbers and most of trading is not pleasant but a mixture of work, discipline, boredom, anguish and some euphoria.

Yet for games, it's mostly euphoria. So you have RH YOLO dudes going all in for that euphoria because their brain treats it as a game.
 
d08 said:
It's deliberately designed to be game-like. Gen Y grew up playing a lot of games, psychologically having a similar interface puts them in their "nice place", where they feel comfortable and secure. Any company wants that.

Because if you remove all the interaction, you just have a stream of numbers and most of trading is not pleasant but a mixture of work, discipline, boredom, anguish and some euphoria.
More...

Indeed. The bolded bit above is some sneaky shit.

Yet for games, it's mostly euphoria. So you have RH YOLO dudes going all in for that euphoria because their brain treats it as a game.
More...

The YOLO punks need to feed their brains with some culture and life from the "beforetimes". Lest their brains get feasted upon. :-)


 
Day-Trading-Dave was asked to leave Etrade today according to his Twitter Account. He must have ripped up their CSR or upper management because they usually will avoid losing someone with Millions of minions willing to buy or sell with just a Tweet. During the Meltdown Etrade's platform has been stable unlike Robinhood. The traders are too cheap to join IBKR so will all the traders at TDA now get swamped with 2 million new accounts?
 
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