Online Stock Trading Groups Aren’t New, But They Are Bigger And More Influential Than Ever
My Latest Forbes Article About What Happens When Collective Groups Meet The Stock Market
The dramatic saga surrounding Reddit, Robinhood, GameStop, and Wall Street hedge funds earlier this year caught the eyes of media outlets from all corners of the country. For some, it may have been their first peek into the online finance subculture.
Similar events are playing out on a smaller scale on practically every online social platform and community with individuals stock traders, often referred to as retail traders.
What’s happening every day on WhatsApp chat groups, Slack channels, Discord groups, subreddits, and Clubhouse rooms focused on the stock market represent a massive shift in how individual investors are trading stocks and options…
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