Why gamified trading is good for the stock market
Why gamified trading is good for the stock market
Why gamified trading is good for the stock market
By Erik Gordon
July 28, 2021
Summary
Its customer base is skewed toward young, first-time stock traders who are often derided for applying their gamer style to the market.
While there are valid criticisms of the habits of millennials and Gen Z, I have to admit that their gamification approach to the stock market is a good thing-both for them and for the market as a whole.
Gamification is good for the market because it gets the new generations engaged.
If these generations aren't interested in the market, the highly valued individual investor base will die out.
The younger generations themselves came up with a stock market game that engages them.
Folks who bellyache about the negative effect gamers have on the market raise some points that should be addressed.
Gamification is good not only for the market, but also for the gamers
Reference
Gordon, E. (2021, July 28). Commentary: Why gamified trading is good for the stock market. Retrieved October 11, 2021, from https://fortune.com/2021/07/28/robinhood-ipo-meme-stocks-gamification/