WSJ: 'Trading Apps are the Crack Cocaine of Markets' - Jokes on Them, We Can't Afford Real Cocaine Anymore 📉🤡
Posted: Dec 20, 2024
- Millennials with gambling tendencies are flooding into Gamblers Anonymous due to unlimited leverage and confetti animations in stock trading
- WSJ published an article comparing trading to crack cocaine
- Checking portfolio every 3 minutes while eating Wendy's isn't considered "technical analysis"
- Company mentioned: $NVDA
- Positions: Long $ROPE, Short therapist's patience
- Reminder to take mental health seriously and seek help if needed
What do people on Reddit think?
🚨 Reddit sentiment: mixed/negative - Most comments show awareness of the addictive nature of trading apps and convey a critical attitude, though with humor. Summarized comments: - Users joke about how trading apps are addictive like crack cocaine - Confetti animations in trading apps are mentioned as a catchy feature - Some discuss relatable gambling tendencies in trading - Financial markets are humorously compared to other addictions Stock tickers discussed: $CRCK
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