Psychologists warn that day trading could be as addictive as gambling

The video discusses the rise of day trading during the lockdown, highlighting its addictive nature and psychological impacts. It features Ola's experience and the dramatic growth of trading platforms like DEGIRO and etoro. The risks of day trading, likened to gambling, are explored, with a focus on the tragic story of Alex Kern. Regulatory responses and the need for consumer protection are also addressed.

How does day trading compare to gambling according to the psychologist mentioned?

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What factors have contributed to the increase in day trading during the lockdown?

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What was the impact of the platforms like DEGIRO and eToro on day trading accounts?

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What warning did investor Bill Brewster give regarding day trading?

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What actions are being called for in response to the rise in day trading popularity?

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