Day Traders Will Have Fun Until They Get Wiped Out
A man sits in front of an electronic board displaying share prices at a securities brokerage in Beijing. (Photographer: Qilai Shen/Bloomberg)

Day Traders Will Have Fun Until They Get Wiped Out

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(Bloomberg Opinion) -- One time when I was sitting in my college dormitory, I heard a whoop of joy from down the hall. My dormmate announced that he had just made $500,000 trading in the stock mark...
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