Online trading has deeper roots than we think: Nathaniel Popper [Yahoo! Finance]
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Source: Yahoo! Finance
Joining Asking for a Trend to discuss his outlook on the role of "trolls" in the markets is Nathaniel Popper, journalist and author of "The Trolls of Wall Street." Popper explains that online trading has "much deeper roots" than many people realize. He highlights that millions of individuals are "obsessed with the markets," and the meme stock craze was just a case study for this passion. Popper notes that the meme trade phenomenon brought millions of new investors into the markets, but they eventually broadened their horizons, realizing that "there are smart investments and there are dumb investments." However, Popper suggests that market participants can learn from their mistakes and losses. "What you see over time is, when you see people losing, you have an opportunity to learn," he told Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Angel Smith Video Transcript According to a Thursday
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