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Post-Roaring Kitty: Meet the new class of day-traders attracting swaths of followers online
- A new class of investing influencers has emerged post-Roaring Kitty and GameStop mania, catering to retail traders seeking market guidance.
- These new icons have distanced themselves from popular forums like WallStreetBets, adopting meme-like personas online.
- Popular traders like Zach Kleinwaks, Kevin Xu, and Vaughn McNair share insights on their trading journeys and interactions with the retail investing community.
- Zach Kleinwaks, a futures trader, gained popularity through social media, offering trading tips and mentorship.
- Many traders, including Kleinwaks, prioritize informed trading decisions over speculative gambles popular on WallStreetBets.
- Kevin Xu, an accidental trader turned day trader, emphasizes high conviction trades supported by technical analysis.
- Xu's success story on WallStreetBets led to the creation of AfterHour, a platform for sharing stock trade ideas.
- Vaughn McNair, also known as Grandmaster Obi, focuses on preserving capital and making informed trades, distancing himself from the 'meme stock' trend.
- McNair, a former WallStreetBets moderator, now shares trading advice on YouTube and Discord, prioritizing risk management in his trades.
- Each influencer highlights a favorite trade, such as Kleinwaks' successful call on Alibaba, Xu's gain from Norwegian Cruise Line stock, and McNair's pick of Palantir.
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