Ordinary investors warned as hundreds of millions lost on volatile Australian stock market

  • 📰 The Guardian
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  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

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Corporate watchdog says retail traders have been spectacularly bad at correctly picking the huge stock price fluctuations during coronavirus

The corporate watchdog has warned ordinary investors against trying to pick stock market winners after finding that day traders lured into action during the coronavirus lockdown lost hundreds of millions of dollars.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

An example of an alarming obsession and hatred for Israel. Feminist antisemitic idiot or deluded west hating fanatic or old fashioned plain Nazi sympathiser under that fake profile.

Automated gambling by institutions and constant political rhetoric (insiders get to know early, retail investors get to know about too late). Combined that with volatility, usual short term movements & leverage. Win one day/week lose more the next, repeat until lose account.

Israeli companies listed on ASX are fleecing Australian taxpayers and inverstors. Big losses from list price Cashburn Backdoor No product No revenue Debt Massive State and Fed Gov grants Very questionable leaky ships Look

Automated gambling by institutions and constant political rhetoric (insiders get to know early, retail investors get to know about too late). Combined that with volatility, usual short term movements & leverage. Win one day/week lose the next & vice versus. No suprise there.

“It found that on more than two-thirds of the days when retail investors bought shares, the price went down the next day, and on more than half of the days when they sold the price went up the next day”

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 /  🏆 84. in TH

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