TECH - EXCLUSIVE: Bear Market Trends Are Transforming 'Day Traders Into Long-Term Investors' | Benzinga
Not all retail investors are created equally, and those who do their homework are outperforming their less well-informed rivals, according to operators of trading platforms.
The landscape of retail trading appears to be changing, according to the experts on the “Strategies for Encouraging Financial Literacy and Behavior Change” panel of Benzinga’s Fintech Deal Day And Awards event on Monday.
“We’re trying to change the landscape by taking retail investors and turning them from day traders into long-term investors,” said Anthony Denier, CEO of trading platform Webull.
And it appears to be working, as other members of the panel noted an increase in their members who are investing for the longer-term, rather than attempting to day-trade their way to riches.
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