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Young, confident, digitally connected - meet America's new day traders


5 Min Read
(Reuters) - James Villalobos, a communications consultant for an insurance company in New York, downloaded the Robinhood online brokerage app back in September.
FILE PHOTO: FILE PHOTO: A Wall Street sign outside the New York Stock Exchange in New York City, New York, U.S., October 2, 2020. REUTERS/Carlo Allegri/File Photo/File Photo
He was hesitant about getting involved in the stock market – “I never understood what it was, what it did” – but a few months later he created an account and bought shares in airlines and cruise lines, figuring the industries, slammed by COVID-19 disruptions, would eventually rebound. ....

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Digitally connected and tech-savvy: These are America's new day traders


Digitally connected and tech-savvy: These are America s new day traders
By Reuters
By Imani Moise and Medha Singh
Washington - James Villalobos, a communications consultant for an insurance company in New York, downloaded the Robinhood online brokerage app back in September.
He was hesitant about getting involved in the stock market – I never understood what it was, what it did – but a few months later he created an account and bought shares in airlines and cruise lines, figuring the industries, slammed by COVID-19 disruptions, would eventually rebound.
He started watching YouTube videos about stocks, and joined a Facebook group created by a friend who is really into options trading. Villalobos was quickly down $1,200. But he was ready to make his money back. ....

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