New financial regulations directly impacting a popular investment strategy (overseas leveraged ETFs) for many Korean retail investors, especially 'Seohak Gaemi,' causing frustration and debate over market access and government intervention.
🇰🇷 KOREAN REACTIONS 10
Poor people with no 10 million KRW, what are they doing investing in stocks?
The 10 million KRW deposit for domestic ETFs was already annoying, now they're doing it for US stocks too ㅋㅋ
Regulations regulationsㅋㅋㅋㅋㅋ Later they'll put a padlock on dicks too, f***ing hell
They already did that. (referring to the padlock comment)
But it's ridiculous that you can easily buy 3x leveraged overseas stocks, but for the crappy KODEX leverage (domestic) that barely moved 1% a day before the bull market, you had to take education. I mean, it's weirder that KODEX leverage is harder to buy than overseas leverage. The 10 million KRW deposit is annoying, but considering the risk of leverage itself, I can somewhat understand it.
So the government is signaling to short?
Isn't it better for those with less than 10 million KRW to have less loss ㅋㅋ
Is 10 million KRW the problem, f***ing hellㅋㅋㅋㅋㅋㅋㅋㅋㅋ
Heard someone put 2 billion KRW into SOXS (a -3x semiconductor bear ETF).
Nonsense