The cautionary tale of a recovering day trading addict (Encore)

一个恢复中的日内交易成瘾者的警示故事(再版)

The Indicator from Planet Money

2025-12-29

9 分钟
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单集简介 ...

Seasons greetings from the The Indicator! On today's show, the story of a man who started buying and selling stocks as a hobby — and got seriously addicted. We also speak with a neuroeconomist about the human brain on day trading.  This piece originally aired Jan. 25, 2025. Related episodes: The young trolls of Wall Street are growing up Invest like a Congress member For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.   Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
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单集文稿 ...

  • Hey, everyone.

  • Darian Woods here.

  • Happy holidays.

  • For the next week, we're running some of our favorite shows from this year.

  • Today's episode is about gambling addiction and the stock market.

  • NPR.

  • Chris Garver got interested in the stock market around 2010.

  • I had some savings and I thought, There's no point in them being in,

  • you know, saving his accounts because the interest was so bad.

  • Chris started with what he describes as a sensible investment strategy.

  • He bought shares in a range of large companies listed on the main British stock exchange.

  • But the deeper I got into it,

  • you start going into forums and people start recommending stocks and you see some of the returns that were happening.

  • And then that kind of opened up another world.

  • It was a world of buying smaller,

  • more volatile companies or using special trading contracts in ways that magnify your gains or losses.

  • Chris remembers investing in one company prospecting for oil.

  • News hit of a new discovery and in two days I'd made over 80,000 pounds and I thought,

  • right, you know, I can make some serious money here.

  • 80,000 pounds is about 100,000 US dollars.