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Message: [QUOTE="Orangezoo, post: 3707728, member: 237"] At the end of the day there are successful strategies for every household that has the capital to do so. There is a lot of good advice for whether you speculate/day trade, like to dabble in options, futures or margin trading or even if you prefer an income based approach as previously mentioned. Maybe even you prefer some combination of the above. This whole fiasco though has painted a picture of the realities of the low end retail investor paired with the massive scale of HFs, high dollar/volume day traders and in general the wealthier household. You can't build wealth at the time intervals of the wealthy ( I presume we have some in that company here given the complexity of the discussion) when you are on the low end retail side. So thus here we have something like RH who can play both sides but provides access to advanced tools for small retail folks who have no clue how to map out an options trading strategy beyond what reddit tells them. So what to they do? They try to emulate how the game is played at the whale level by throwing 90 pct of their annual income into a speculative push. We can point the finger but there is a bigger problem here and that is that the markets are made for the middle to upper class. There really needs to be more literacy wealth education for the retail trader. I've worked around financial literacy for those folks praying to make a million for 15 years. There is far too little for them out there and that needs to change. Their education will hurt the HFs and day traders that trade ahead of them and make a market that effectively ensures low end retail can lose a lot if uneducated. I hope this shines a light on this as much as the back and forth tug of war. [/QUOTE]

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