The rise of the degen: Why Gen-Z traders are going for broke (opens original article in a new tab)

Gen-Z traders are increasingly engaging in stock market activities, often starting young and participating in online communities to achieve financial goals.

• Gen-Z traders like Ish Lukhey started trading at a young age, using platforms like Robinhood.
• They joined online communities such as r/TheRaceTo100K to pursue financial goals like starting a business or buying a house.
• The trend continued beyond the 2021 meme stock frenzy, with many not losing interest in trading.