<I'm still struggling with the moral issues on playing momos.>
I think we all struggle with that.
But when all we are doing, is hopping on board an already moving train, or buying cheap tickets for a possible train ride, that we may never take....I dunno.
We also spend, considerable time here, warning, and reminding, and teaching people.........don't freaking chase them!!!!! and don't play with $$ that you can't afford to burn or dump down the toilet.
What more can we do?
Also, we don't win all the time. Often we are the ones on the losing end, but as we learn, and get more experienced, hopefully we lose considerably less often, than we win.
IMO this is gambling, just like casinos, betting on sports or whatever, lotteries etc.
Governments allow all of those, so what the heck is their problem with momentum stocks, and day trades? LOL, I don't think their concern is as much with people losing $$, as with their own bureaucratic butts, not getting a big enough piece of the action.
< The momos are fun, but there's sure a good number of cold called widow and orphans that end up getting drawn into losing their money in that game.>
How so?? Sure widows and orphans can get cold called and drawn into scams, but momo's?? nah, I don't see that as even possible.
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