Day Traders Losing Money

from the wow-what-a-shock dept

USA Today has a really amazing story: day traders are losing money, especially now that the market has been down over the past month. They, of course, ignore the fact that plenty of day traders were losing money all along. Of course, if you just look at the stocks the main person in the story picked (including CyberShop and it’s really not that big of a surprise to find out she doesn’t know much about the companies she’s investing in. While I, personally, don’t have much of an opinion on the “internet bubble”, I do know the difference between investing in a loser company and one that is a serious business.

Add Your Comment

Your email address will not be published. Required fields are marked *

Have a Techdirt Account? Sign in now. Want one? Register here

Comment Options:

Make this the or (get credits or sign in to see balance) what's this?

What's this?

Techdirt community members with Techdirt Credits can spotlight a comment as either the "First Word" or "Last Word" on a particular comment thread. Credits can be purchased at the Techdirt Insider Shop »

Follow Techdirt

Techdirt Daily Newsletter

Techdirt Deals
Techdirt Insider Discord
The latest chatter on the Techdirt Insider Discord channel...