Options and margin day-traders/gamblers. Single day declines like that on index funds are pretty rare (or used to be), so some people may bet against it thinking it’s a “sure thing,” that they wouldn’t lose too much money if it’s a more normal 0.5% decline. Some trades could cause people to lose all their money (and more) on such declines.
wait, my investments are down between 2.5-3% from the day before. what’s everybody freaking out about?
QQQ is still up 20% for the year
Now you know how the average investor thinks and/or behaves
Buy high sell low, that’s my strategy and it’s working great 🤑😎
Well, that is the strategy of the average active investor.
Do not be the average active investor.
Index funds baby
Options and margin day-traders/gamblers. Single day declines like that on index funds are pretty rare (or used to be), so some people may bet against it thinking it’s a “sure thing,” that they wouldn’t lose too much money if it’s a more normal 0.5% decline. Some trades could cause people to lose all their money (and more) on such declines.
i’m 4000% ytd, i can see why people get addicted to this.