Listen Top Shows Blog

How Retail Traders Lose Big While Enriching Wall Street

How Retail Traders Lose Big While Enriching Wall Street

Update: 2024-07-17

2

Share

Description

Gambling in the stock market is increasing, with most traders losing money while generating billions of dollars per year for brokerages and wholesalers. Will all this trading lead to big market swoons?

Topics covered include:

Why sports gambling has grown so much
How gambling in the stock market is measured, and how prevalent is it
Why most traders lose money but continue to trade anyway
How uninformed traders improve market liquidity and encourage trading by informed trading
Why being an asset allocator is more rewarding and as intellectually stimulating as trading

Sponsors

Betterment - the automated investing and savings app

Insiders Guide Email Newsletter

Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter

Our Premium Products

Money for the Rest of Us Plus

Show Notes

How Stocks Became the Game That Record Numbers of Americans Are Playing by Claire Ballentine—Bloomberg

MURPHY, GOVERNOR OF NEW JERSEY, ET AL. v. NATIONAL COLLEGIATE ATHLETIC ASSN. ET AL. SYLLABUS—The Supreme Court of The United States

America's Sports Betting Boom by Felix Richter—Statista

Searching for Gambles: Gambling Sentiment and Stock Market Outcomes by Yao Chen, Alok Kumar, Chendi Zhang—SSRN

Stocks as Lotteries: the Implications of Probability Weighting for Security Prices by Nicholas Barberis and Ming Huang—SSRN

Day Trading for a Living? by Fernando Chague, Rodrigo De-Losso, Bruno Giovannetti—SSRN

Computer based trading system and methodology utilizing supply and demand analysis—Google Patents

Retail Trading in Options and the Rise of the Big Three Wholesalers—Svetlana Bryzgalova, Anna Pavlova, Taisiya Sikorskaya—SSRN

Amateurs Pile Into 24-Hour Options: ‘It’s Just Gambling’ by Gunjan Banerji—The Wall Street Journal

Retail Traders Love 0DTE Options... But Should They? by Heiner Beckmeyer, Nicole Branger, Leander Gayda—SSRN

Related Episodes

482: Unlocking the Power of Positive Skewness: Strategies for Investing, Business, and Creativity

239: How to Be a Successful Trader

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Comments

Top Podcasts

The Best New Comedy Podcast Right Now – June 2024 The Best News Podcast Right Now – June 2024 The Best New Business Podcast Right Now – June 2024 The Best New Sports Podcast Right Now – June 2024 The Best New True Crime Podcast Right Now – June 2024 The Best New Joe Rogan Experience Podcast Right Now – June 20 The Best New Dan Bongino Show Podcast Right Now – June 20 The Best New Mark Levin Podcast – June 2024

In Channel

Should You Invest in Nuclear Energy?

Should You Invest in Nuclear Energy?

2024-11-2024:48

Strategies and Systems Want Your Money

Strategies and Systems Want Your Money

2024-11-1332:03

Episode 500: The S&P 500 Index and the Decade Ahead

Episode 500: The S&P 500 Index and the Decade Ahead

2024-11-0630:57

What Makes an Economy Prosperous? Spotlight on Cuba and Argentina

What Makes an Economy Prosperous? Spotlight on Cuba and Argentina

2024-10-3026:19

Ten Things I've Learned About Investing in the Past Decade

Ten Things I've Learned About Investing in the Past Decade

2024-10-2334:16

How to Fix the Retirement Savings Crisis

How to Fix the Retirement Savings Crisis

2024-10-1628:59

Are You Taking Enough Aspirational Risk?

Are You Taking Enough Aspirational Risk?

2024-10-0929:37

Plus episode excerpts: ETF Size, the Long-term Impact of QE, and Stock Market Inelasticity

Plus episode excerpts: ETF Size, the Long-term Impact of QE, and Stock Market Inelasticity

2024-10-0229:27

The Federal Reserve Cut Interest Rates. What Should We Do Now?

The Federal Reserve Cut Interest Rates. What Should We Do Now?

2024-09-2531:49

When to Sell Equity or Borrow: A Guide for Homeowners, Students, and Artists

When to Sell Equity or Borrow: A Guide for Homeowners, Students, and Artists

2024-09-1827:47

The Housing Affordability Crisis: What Caused It and How to Fix It

The Housing Affordability Crisis: What Caused It and How to Fix It

2024-09-1127:33

The Power of Optionality: Small Bets, Big Payoffs

The Power of Optionality: Small Bets, Big Payoffs

2024-09-0426:15

The Five Layers of Investing - Which Layers Is Your Portfolio Allocated?

The Five Layers of Investing - Which Layers Is Your Portfolio Allocated?

2024-08-2834:51

Should You Invest in Private Equity?

Should You Invest in Private Equity?

2024-08-2131:53

Making Better Investment and Life Decisions - Episode 203 Remastered

Making Better Investment and Life Decisions - Episode 203 Remastered

2024-08-1426:10

Why the Market Has Sold Off and What Should You Do

Why the Market Has Sold Off and What Should You Do

2024-08-0731:22

Should You Invest in an Ethereum ETF?

Should You Invest in an Ethereum ETF?

2024-07-3131:34

Are We Heading for a 2030s Depression? - Understanding Global Economic and Population Shifts

Are We Heading for a 2030s Depression? - Understanding Global Economic and Population Shifts

2024-07-2431:36

How Retail Traders Lose Big While Enriching Wall Street

How Retail Traders Lose Big While Enriching Wall Street

2024-07-1726:17

Should You Invest in Defined Outcome Buffer ETFs?

Should You Invest in Defined Outcome Buffer ETFs?

2024-07-1032:05

00:00

00:00

x

How Retail Traders Lose Big While Enriching Wall Street

How Retail Traders Lose Big While Enriching Wall Street