Day trading ‘as addictive as gambling’ warns psychologists

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The number of people turning to day trading during lockdown reportedly soared as people try to make extra cash.

The family of a 20-year old man who took his life after believing he lost hundreds of thousands of dollars on a day trading app, are calling for the online brokerages to be reformed.

The platforms allow anyone – no matter their financial expertise- to trade in stocks and has become increasingly popular during lockdown. Psychologists have warned that the sites could be as addictive as gambling

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