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Re “Mom! Dad! What a day on Wall St.!” Dec. 15
Thank you for the informative article. However, the subject -- teenagers conditioned to become short-term stock traders -- is alarming.
Why are the students more interested in short-term trading than long-term investing? Are stock brokerage firms, whose existence is based on commission income, sponsoring the activities? Do any of the teachers have any real-world experience as investors? Where is any mention that investors should only play the stock market with funds they can afford to lose?
Teachers should start with the basics -- financial statement analysis -- rather than encouraging greed.
Les Greenberg
Culver City
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