Business
Don’t treat trading like a game: ASX boss – The Australian Financial Review
The operator of Australia’s primary securities exchange says measures are in place to stop a GameStop drama happening on the local market.
Its great more people understand the market, but if the markets become a game, that is not a good thing, he said, as ASX reported first-half profit of $241.8 million, down 3.4 per cent.
You dont want to put your eggs in one basket and invest because a message-board spruiker told you that is what you should invest in.
We have seen the gamification of trading overseas, and trends can come down here. But if it becomes a game, people are not thinking about fundamental value in the long term, and I think…
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