Sign Of The Top? Porn Star Pitches 'Trading Seminar' - "It's The Right Time

It seems barely a week goes by that some new celebrity isn’t trying to cash in on the day-trading craze that’s recruited millions of retail traders into the market.

Since the market melted down in March, millions of first-time traders guided by the principle that stocks only go up and every dip is merely an opportunity to buy more have downloaded Robinhood.

Many have dived headlong into trading single stocks, futures and options, (only to be hit by last-minute calls to up their margin requirements or risk liquidation). Sometimes, these types of mistakes can be fatal.

Like with any trend, opportunists are struggling to cash in any way they can. And in the rush to appeal to the millennial cohort, these entrepreneurs are recruiting influencers/celebrities to pitch their trading courses purporting to show traders how to make millions trading penny stocks, or the latest trading ‘strategies’ that will ensure a massive speculative windfall.

Yup.
Been doing it for almost 8 years(day trading not porn). March/April almost anyone could have made money. Give them a false sense of confidence. When i lose money I make myself learn new trading strategies as a punishment. Keep making sure I’m above water.

This whole influencers thing…this is more dangerous than the standard…‘Go buy this new makeup, or clothing blah, blah’. Now these airheads(some) are acting and putting on a show to make it look like they really earn money in a regular market or even worse, the fresh new Bear market we’re dealing with now.

If a “trader” isn’t short-selling as frequently as they are long-buying, then they aren’t really a trader. They are just another sheep.

This topic was automatically closed 3 days after the last reply. New replies are no longer allowed.