Current Events > Is stock trading knowledge pretty much ubiquitous and everybody knows it?

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TodorokiHayato
08/08/23 8:05:41 PM
#1:


I feel like every adult around me is familiar with stock trading knowledge. They even have a broker and they trade on weekly/monthly basis. Even a girl in my class that's 18 is familiar with option trading. I feel like the gap in stock trading knowledge compared to 5 years ago has been completely filled. Now it seems like everybody knows basic hedging strategies, how to buy bonds, and even read quarterly 10-Q reports.

Ever since the GME fiasco, it seems like EVERYBODY just hopped onto the stock trading wagon. What ever happened when Google and Microsoft were just penny stocks? Why didn't everybody jump in back then?

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ArkhamOrigins
08/08/23 8:07:05 PM
#2:


Obviously

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Damn_Underscore
08/08/23 8:08:26 PM
#3:


I mean it's probably more popular since all the brokers switched to free trades

But knowing about it isn't really "knowledge" tbh

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eggcorn
08/08/23 8:09:43 PM
#4:


Yes TodorokiHayato duh

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Naysaspace
08/08/23 8:11:33 PM
#5:


Lifes to short to trade on stonks with low betas!
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TodorokiHayato
08/08/23 8:12:27 PM
#6:


ArkhamOrigins posted...
Obviously
My classmate's boyfriend has a twitter where he posts his daily trades in an attempt to get people to sign up for his paid "academy training" lol. When I took a look, it was him just taking screenshots and marking resistance and support lines.

If stock trading knowledge is so common, why are there people that still think they can make social media accounts on how to trade? I would think it would be a wasted effort.

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ClayGuida
08/08/23 8:13:01 PM
#7:


No and this is a stupid fucking topic. Your circle may be informed, but that doesn't mean everyone else is.

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UnholyMudcrab
08/08/23 8:13:33 PM
#8:


You sure do ask a lot of dumb questions

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TodorokiHayato
08/08/23 8:16:00 PM
#9:


UnholyMudcrab posted...
You sure do ask a lot of dumb questions
Hey, intelligent topics centering around politics are boring. I'm just bringing back the old CE with my whimsiness.

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WingsOfGood
08/08/23 8:18:05 PM
#10:


most people probably don't even know you got to pay taxes on any gains
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thronedfire2
08/08/23 8:21:45 PM
#11:


very sus topic

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Hospy
08/08/23 8:26:51 PM
#12:


I wouldnt say everybody knows it, but the information and the whole process is a lot more accessible.
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indica
08/08/23 8:55:36 PM
#13:


TodorokiHayato posted...
Ever since the GME fiasco, it seems like EVERYBODY just hopped onto the stock trading wagon. What ever happened when Google and Microsoft were just penny stocks? Why didn't everybody jump in back then?
I think the GME fiasco showed how little knowledge the average person has about stocks

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whitelytning
08/08/23 9:50:20 PM
#14:


Its popular yes, but the knowledge level for retail is almost entirely next to 0. There are now lots of tools to help people make trades but that doesnt help them know what they are doing.

People dont even know how to find a companys financials, never mind be able to make sense of a balance sheet.

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