The bull market minted millions of day traders. They're in for a rough ride
CNN
For traders who've only known the thrill of the bull market, 2022 has been a harsh pivot. On the WallStreetBets page — the epicenter of the 2021 meme stock mania — the mood is decidedly less party-like. The rally cries of "diamond hands" and "HODL" have been replaced by jokey memes about bottomless losses.
"I see a stock going up and I buy it. And I just watch it until it stops going up, and I sell it," says the user known as Chad. "I do it over and over and it pays for our whole lifestyle."
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