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by eru 2016 days ago
Alas, for most people, especially retail and even more especially options, it's better if they trade less.
1 comments

Govt cannot be an arbiter of what people do with their money. Period.
I have sympathy for that sentiment, but in practice that train has long left the station.

My own comment wasn't a plea for government to interfere, btw. Just a cynical admission that active trading is bad for the vast majority of people.

(My own money is sitting in the most boring ETF I could find, but loaded with about 3x leverage. Given the regulatory requirements of the industry I work in, I wouldn't be allowed to trade actively anyway, but I don't feel like I'm missing out.)