Here we’ll touch on some of the riskiest trading done in the old days.
It was all about leverage. Taking a $10 trade and being able to buy a lot more than that and hoping that you don’t lose and have to pay back more than you have in the bank.
Words and concepts like derviatives, futures trading, arbitrage, buying contracts, going long and short etc etc
Day traders were big in the late 1990s and early 2000s and now young people are basically doing the same thing with NFTs and some of the meme crypto currencies.
Risky business to be sure especially if the kids are borrowing money from gramma or the tough kid down from the other side of town.
(under construction Dec 16, 2021)