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- Meme Mind Traders Place Leveraged Bets With More Margin And Volatile ETF's
Meme Mind Traders Place Leveraged Bets With More Margin And Volatile ETF's
Become A Better Trader And More Informed Investor
Individual traders ended 2024 taking on more margin debt and more leverage in their accounts, taking on more risk, to try to gamble for big gains. Margin debt grew by 9.3% in November and is up over 34% for the year.
As you can see from this chart margin debt is almost one trillion dollars, and the average margin rate being charged by brokers is over 8%.