I see so many kids getting into stock market during bull run, like the past 2 months, with random theories. Everything gets proven right in these times.
And then things crash once market normalizes. https://www.forbes.com/sites/sergeiklebnikov/2020/06/17/20-year-old-robinhood-customer-commits-suicide-after-seeing-a-730000-negative-balance/amp/?__twitter_impression=true">https://www.forbes.com/sites/ser...

I have seen casinos giving loan in Kathmandu and then they have their own way of recovering.
This is no better than that.

My 20yr old cousin started "playing" on zerodha in April. He is sitting on 40% profits. No fund manager can give you that.
How do you tell this kid that all his theories are fluke?

20yr Olds are looking for validation of their thoughts. Stock markets seem like a instant gratification system with real rewards.