![]() ![]() Day trading is often used to blindside amateur traders. By day trading, one aims to make small profits that add up as they trade. Reddit users vs billion dollar hedge fundsĪt the centre of this stock trading frenzy is a battle between amateur investors and multi-billion dollar hedge funds.īut before delving into why Reddit users suddenly took an interest in GameStock, here’s a quick reckoner of key terms such as day trading, short selling and hedge funds.ĭay trading refers to buying and selling stocks of a property multiple times during the day. ThePrint explains how GameStop’s fortunes turned and why the company even drew the attention of these investors.Īlso read: GameStop mania spreads to glove makers in Asia
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