...these US retail traders know no fear, some trading on faith, some just totally oblivious or don't care about forward near term risks. But going all in at this elevated level is positioning themselves for poor risk:reward , it is all gambling at the largest casino in the world.
...most of them probably never experienced a real market meltdown, and would be learning it the hard way.
Retail Traders have ploughed $67 Billion into U.S. Stocks to start the year and have now invested a staggering $138 Billion over the last 6 months https://x.com/Barchart/status/1905085774749380839