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Alias Born 08/16/2021

Re: None

Tuesday, 10/05/2021 10:00:27 AM

Tuesday, October 05, 2021 10:00:27 AM

Post# of 118384
Nobody is mentioning one extremely important fact driving much of the current manipulation across all the markets. There's been an estimated 60%+ increase in the total number of online trading accounts opened in the US since covid(which is more than triple the usual rate). Many larger companies are even reporting much higher numbers actually(e.g. Schwab +160%). A majority of those accounts are first time investors who are under 30 who are often proving to be impatient and/or driven by FOMO. Any manipulator or dishonest day trader knows all of this & im guessing they'll probably continue to increase the spread of misinformation everywhere they can until after the new year at the least. Exploiting retail investors weaknesses & inexperience is how way too many make most of their profits these days.