It is amazing how day trading becomes ‘respectable’ in every bull market. I am surprised to see online trading ads on mainstream television channels now. These ads were earlier restricted to business news channels like CNBC and NDTV Profit.
There is this ad where the wife gives the husband his mobile phone, lunch box and where his mother puts tilak on his forehead. Finally what the husband does is go to his ‘office’. This is a room in his house where there is a computer with online trading facility.
There have always been compulsive traders and gamblers. However the activity of being glued to the screen and continuously buying or selling something is being given a new found respectability. I wonder what these professional traders will do if the markets were to be not so kind!