why do so many people still do stock trading? it seems so easy to scam and take advantage of the un-informed with insider trading. all it takes is one phone call, and millions can be made ONLY for those whom knew the information. while 99% others suffer.
So be on the race in end of that phone call senpai. Or are you one of those that doesn't even play golf with a senator?
>>1256889
>millions can be made ONLY for those whom knew the information. while 99% others suffer.
Actually, everyone who was long when a stock rockets wins.
Ditto all those who were short when it tanks.
It's not like "the elites" who "insider trade" have a third direction they go in so that only they make money.
>>1256952
yep. Came to post this. "Insider trading" is meh. Stock manipulation is bad
>>1256889
And what's wrong with this?
According to your description it sounds like you have pretty much a 50/50 chance of the stock you're holding/shorting to skyrocket/fall drastically, earning you big profit.
Also this is why you don't put all your eggs in one basket. - The simplest of rules. The chance that all or even more than a dozen companies consisting of the s&p500 would be caught in a insider trading scandal is unlikely.
>>1256952
They do have a third direction they can go thanks to exotic derivatives.
