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r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. It has become notable for its colorful jargon, aggressive trading strategies, stories of extreme gains and losses acquired in the stock market, and for playing a major role in the GameStop short squeeze that caused significant losses for a number of US hedge funds and ...
On July 5, 2024 Reddit users speculated that Keith Gill, who was previously involved in the GameStop meme stock fad, was about to invest in headphone maker Koss Corporation around July 4 (US Independence Day) after a May post by him in which a microphone emoji appeared with a US flag on the backdrop. As a result of the speculation, a single ...
Chart of the NASDAQ-100 between 1994 and 2004, including the dot-com bubble. Day trading is a form of speculation in securities in which a trader buys and sells a financial instrument within the same trading day, so that all positions are closed before the market closes for the trading day to avoid unmanageable risks and negative price gaps between one day's close and the next day's price at ...
An example of day trading would be buying shares of a company early on a day when the company is expected to announce a new product that will likely impact the stock price.
Peter Michael Tuchman (born 1957) is a stock trader on the floor of the New York Stock Exchange (NYSE).He is known to be as "Einstein of Wall Street" due to his hairstyle, and has been called the "most photographed trader on Wall Street," typically featured in reaction shots to particularly volatile trading days.
“I’ve lost my life savings five times in day trading,” he said. “Granted, I’m only in my twenties, so it wasn’t the end of the world, but it certainly felt like it. In terms of hard ...
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