The rise of amateur day traders
Business Daily

The rise of amateur day traders

Feb 10, 2021
18:24
-(0)

About this episode

When shares in the apparently declining games company Gamestop soared almost 2000% in less than a month, the world’s attention was drawn to an army of amateur investors on new mobile trading platforms such as Robinhood. Investment author Ann Logue breaks down what makes these amateur traders different from regular day traders, and we’ll hear from one such amateur on the ups and downs of playing the market. Professional investor Bill Brewster speaks about what responsibilities the new investing apps have in making sure their users are informed both about the risks and how the apps actually work, and Barbara Roper of the Consumer Federation of America suggests where regulation can play a part. We’ll also hear from day trader and YouTuber HumbledTrader, who cautions people from getting into the game without doing their own research. Producer: Marie Keyworth. (Image credit: Getty Images.)

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Episode Details

Author
BBC World Service
Show Type
full
Audio Format
audio/mpeg

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