So who are retail investors? Companies such as Apple, Google, Facebook and Amazon have transformed people’s lives and continue to add value to the stock market. With the ease of online trading, retail investors have become habitual momentum traders, but many do not put sufficient effort into understanding all of the technical and fundamental aspects of their holdings. According to data from VandaTrack, between mid-February and March, investors underperformed the S&P 500 by 11% on average, exemplifying the volatility of the retail investment market. As this spring’s tax season came to a close, retail investors witnessed a downside to trading independently after they received their tax receipts.

Source: Forbes June 15, 2021 11:15 UTC