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Gamified trading: beware apps that turn stock trading into a dangerous game

November 11, 2021
Source: scmp.com scmp.com
News Snapshot:
Walking down a random street these days, we easily come across advertisements for stock trading apps with eye-catching slogans, illustrating the prospect of getting rich overnight. In highlighting the possibility of finding short-squeeze stocks with the apps, stock investment is portrayed as a numbers game that is easy to master. Nevertheless, I believe that gamified trading would only add an irrational factor to the stock market by oversimplifying stock trading. On gamified investment apps that display bouncing stock prices and attractive investment “missions”, users can get a thrill not unlike playing an online game simply by clicking on the interface....
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Tags: AIM | AMC | Casino | China | corporate social responsibility | display | education | entertainment | finance | financial | gambling | game | government | investment | IT | online | online game | platform | South China Morning Post | stock | stock market | stocks | sustainability | trade | United States

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