Over the past two-three years, online mutual fund platforms offering direct platforms have seen rapid growth. Platforms such as Paytm Money, Zerodha Coin, Groww and Kuvera do not charge anything for mutual fund investments, and the direct plans they sell do not pay out commissions.
In Australia, retail investors were net buyers of A$9 billion of Australian stocks between late February and mid-May, according to corporate advisory firm Vesparum Capital. In contrast, the professional institutional investors – superannuation funds and the like – were net sellers of A$11 billion of stock.
The shocking death of Alex Kearns, a 20-year-old day trader who recently died by suicide, highlights a broader caution to young people: do not get sucked into digital trading platforms — no matter whether they have noble-sounding names or are “free.” You will most likely lose your money or worse. There are better ways to…
The lifeline of any civilization is its economic activity. In an interconnected modern society with hyper-specialization and hyper-dependency, the power of economic activity cannot be overstated. If anyone needed a reminder of this fact of life, the coronavirus pandemic was eager to oblige.
FILE PHOTO: Pedestrians are reflected in the window as customers conduct transactions at a Bank of America ATM in Washington July 19, 2011. REUTERS/Kevin Lamarque/File Photo (Reuters) – Retail investing is having a moment. Major U.S. brokerages that reported quarterly results this week cheered the self-directed day trading happening on their platforms as individuals with…
Investing style depends on the preference, goals and funds available with the investor. Some traders love hurried single-day trades whereas some keep their positions open for days. However, it is important to understand that both day and swing trading have specific benefits. Both the trading techniques require concentration and perseverance. Success depends upon an optimal…
A funny thing is happening while we’re holed up at home. In addition to binge-watching and bread-baking, day trading among individual investors has taken off. A full-blown retail mania has taken hold in buying and selling small lots of stocks and options, says Jim Bianco, head of the eponymous Bianco Research, who over the years…
Day trading. So easy a caveman can do it. Wait. That’s insurance. I remember the wave of day trading that swept the world at the turn of the century. It’s tough to say that was the height of popularity, but it was like flipping houses before flipping houses was cool.
At this time of acute uncertainty and high anxiety, how do investors behave? Some worry and trade; some worry and do nothing. Either behavior is entirely normal, behavioral finance pioneer Meir Statman argues in an interview with ThinkAdvisor.
Every so many years, it seems, the stock market is flooded with mindless cash, an influx of inexperienced traders looking for a quick buck and a thrill. It’s happening again. Consider the weird saga of Hertz, the long-respected car rental brand. Undone by debt, it’s not clear the company will survive. They’re dumping cars online…
Recently, billionaire investor Mark Cuban compared the current stock market to the dot-com bubble of the late 1990s. The reason? Easy-to-use trading apps, commission-free stock trading, and a lack of other ways to gamble right now have led to a surge in day-trading activity.
Few, at least so far, appear to be listening — and that is unfortunate. There is nothing good, and much bad, to be said for day trading in stocks. This will end badly for almost everyone who tries it.
(Hint: It’s not Robinhood.) The #retailbros era of Robinhood day trading is upon us, led by dangerous man-children like Barstool founder Dave Portnoy. Get the entire 10-part series on Charlie Munger in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues.
The new-age investors who joined the stock market during the lockdown will adapt quickly as they are not used to high leverage trading products. Sebi’s guidelines on upfront collection of margins won’t affect their trading much, Tejas Khoday, Co-Founder & CEO at FYERS, says in an interview to Moneycontrol’s Sunil Shankar Matkar. Edited excerpts:
Alex Kearns was an ordinary 20-year-old. He played the trombone, studied at the University of Nebraska and, like millions of other Americans, traded stocks to pass the time or make some money when coronavirus shut down schools and workplaces. Unfortunately, his youthful dabbling ended in tragedy.
Key Resistance Levels: $0.0029, $0.0030, $0.0035 Key Support Levels: $0.00269, $0.00259, $0.0025 The latest surge in the price of Doge Coin has drawn a lot of attention to a potential bull run with almost 20% increases over the past 24 hours. The massive gain was characterized by six bullish candles after rising above the $0.0023…
REUTERS/Rick Wilking Day traders have piled into bankrupt and distressed companies in recent weeks, thumbing their noses at experts and proclaiming that “stocks only go up.” Warren Buffett, perhaps their favorite punching bag, has warned for years about the dangers of mindless buying.
A smart man once told me: a subpar trading system is better than no trading system at all. I am seeing growing chatter on Twitter (TWTR) surrounding day trading and scalping. It’s always been there along with the plenty of trashy newsletter offerings and bogus trading services, but between entertaining personalities, zero commission trading, and…
Stuck at home, bored, with stock markets crashing around the world: lockdown offered the perfect conditions to tempt people into trading on the stock markets to try and make some extra cash. But now a psychologist has told Sky News that so-called “day trading” can be as addictive as gambling.
The Forex market is the world’s largest market and operates 24 hours during workdays. Its principle is simple – trading currencies for global nations. However, trading is not as smooth as it sounds. The Forex market is affected by several factors, such as the nation’s GDP, interest rates, inflation, etc. Therefore, this market is not…