Latest news with #Glimpse
Business Insider
5 days ago
- Business
- Business Insider
Retreats, coaching, and therapy: Inside the $1 billion cottage industry cashing in on the retail-trading phenomenon
Somewhere in Bali, a group of investors — mostly men — file through the gates of a luxury villa, replete with tiki huts and couches by the poolside. This isn't just a vacation, they say. The goal, in part, is to make tons of money, Aaron Luce, the leader of the weeklong retreat for day traders, tells the camera. "This is a beautiful pool spot. We're all going to be chilling for the week when we make loads of money trading," Luce says in a YouTube video documenting the experience, which includes a montage of traders looking at candlestick charts and, intermittently, taking breaks and cannonballing into the pool. This kind of retreat is a relatively new phenomenon, offered to traders looking for an edge amid the explosion of interest in the stock market since the pandemic. In recent years, a cottage industry has taken root amid the hype for stock trading. Social media is rife with businesses offering courses, getaways, one-on-one coaching, and other services that claim to improve traders' performance and get them in the right mindset to turn a profit. And demand, evidently, is booming — in large part due to traders who are swinging to go full-time, desperate to improve, or, in some cases, are simply bored, sources in the space told Business Insider. The industry offering these kinds of services to day traders swelled to around $1.68 billion in 2024, and is on track to grow 11% each year to hit $3.92 billion in 2033, according to one estimate from Business Research Insights. A separate analysis from Dataintelo Consulting estimated that the market was valued at around $2.5 billion in 2023, and is on track to more than double to $5.8 billion by 2032. Google search interest in " Day trading courses" is up 10% over the past year, according to data from the Google Trends analytics tool Glimpse. Searches for "Trading retreat" and "Trading coach" are up 26% and 69% over the past year, respectively, while interest for "Trading therapist" has skyrocketed 263%. On Coursera, enrollment in online trading courses soared 213% in the five years leading up to 2024, according to data the online course provider shared with Business Insider. The online trading platform Webull also says it's seen the number of users on its learning platform grow 37% over the last 3 years. International Day Trading Academy, a trading school that offers courses and an eight-day trading retreat in Bali, says interest in the retreat has exploded three or fourfold in the past year, according to Kelly Lowry, the general manager. Andrew Menaker, a psychologist and a trading coach who frequently works with retail traders, says he's also noticed a big push among the retail crowd to get in the right mindset for trading. The number of people who have inquired about Menaker's coaching services has about doubled in the past year, he said, adding that the waitlist to nab an appointment with him can range from several weeks to several months. Menaker says some of his clients, who are willing to do just about anything to gain an edge, have said they spent upward of $10,000 on materials like indicators, charting packages, and online courses. Others have said they've spent money on things like cold plunges, heart biofeedback devices, brain wave devices, and even psychedelics. Menaker is skeptical of some of the businesses selling to day traders. The space has become flooded with hype and influencer marketing, he says, especially targeting new traders who are just learning the ropes. "It's really a buyer-beware environment," he said. A trader's elusive dream Making money day trading is hard. One 2020 study found that 97% of traders who persisted for more than 300 days ended up losing money, after accounting for fees. Just 1% were able to make a profit, and it was often minuscule. Still, many are willing to keep trying. Cameron Buchanan, the cofounder of International Day Trading Academy, told Business Insider he believes the heightened volatility is what's behind the boom in traders seeking these kinds of services. Big swings in the market are often ripe with opportunity to win (and lose) big, but navigating the intraday moves is not easy even for professional traders. More people are also lured by the prospect of becoming full-time traders, a once-niche ambition that now offers the possibility of financial freedom and the ability to work from anywhere with an internet connection. "People are sharing that life's stressful," Lowry said of some of the academy's clients. "People come out of retreats and say, 'I've made a decision that I'm going to do this now.'" Dr. Reid Daitzman, a Connecticut-based psychologist who frequently works with day traders, says he's seen a 50% increase in traders wanting to work with him over the past year. He believes that a good chunk of his clients are deeply involved in the stock market and seek to improve their trading, partly because they've already lost a large sum of money, but also because many are bored. "A lot of people just trade because they have too much time on their hands, literally, and they have nothing to do," he said, adding that some of his clients were recovering from substance addictions and picked up day trading in sobriety. Menaker, who consulted with traders on Wall Street prior to opening his own practice, believes the main way traders improve is by understanding themselves better. His work hinges on the idea that traders need to know their "inner market" — a nexus of hopes, dreams, fears, and memories that explain how traders respond to risk and opportunity. While he sees some value in trading education and some evidence-based tools, like HRV biofeedback, he believes most gadgets out there won't make a difference unless traders do the work to understand their own minds. "People will never really get what they need, which is, 'How do I respond when I'm under pressure and how can I change that to act more in my own best interest?' That's really what the courses should be emphasizing more, in my opinion," he said.
Business Insider
6 days ago
- Business
- Business Insider
Retreats, coaching, and therapy: Inside the $1 billion cottage industry cashing in on the retail trade phenomenon
Somewhere in Bali, a group of investors — mostly men — file through the gates of a luxury villa, replete with tiki huts and couches by the poolside. This isn't just a vacation, they say. The goal, in part, is to make tons of money, Aaron Luce, the leader of the weeklong retreat for day traders, tells the camera. "This is a beautiful pool spot. We're all going to be chilling for the week when we make loads of money trading," Luce says in a YouTube video documenting the experience, which includes a montage of traders looking at candlestick charts and, intermittently, taking breaks and cannonballing into the pool. This kind of retreat is a relatively new phenomenon, offered to traders looking for an edge amid the explosion of interest in the stock market since the pandemic. In recent years, a cottage industry has taken root amid the hype for stock trading. Social media is rife with businesses offering courses, getaways, one-on-one coaching, and other services that claim to improve traders' performance and get them in the right mindset to turn a profit. And demand, evidently, is booming — in large part due to traders who are swinging to go full-time, desperate to improve, or, in some cases, are simply bored, sources in the space told Business Insider. The industry offering these kinds of services to day traders swelled to around $1.68 billion in 2024, and is on track to grow 11% each year to hit $3.92 billion in 2033, according to one estimate from Business Research Insights. A separate analysis from Dataintelo Consulting estimated that the market was valued at around $2.5 billion in 2023, and is on track to more than double to $5.8 billion by 2032. Google search interest in " Day trading courses" is up 10% over the past year, according to data from the Google Trends analytics tool Glimpse. Searches for "Trading retreat" and "Trading coach" are up 26% and 69% over the past year, respectively, while interest for "Trading therapist" has skyrocketed 263%. On Coursera, enrollment in online trading courses soared 213% in the five years leading up to 2024, according to data the online course provider shared with Business Insider. The online trading platform Webull also says it's seen the number of users on its learning platform grow 37% over the last 3 years. International Day Trading Academy, a trading school that offers courses and an eight-day trading retreat in Bali, says interest in the retreat has exploded three or fourfold in the past year, according to Kelly Lowry, the general manager. Andrew Menaker, a psychologist and a trading coach who frequently works with retail traders, says he's also noticed a big push among the retail crowd to get in the right mindset for trading. The number of people who have inquired about Menaker's coaching services has about doubled in the past year, he said, adding that the waitlist to nab an appointment with him can range from several weeks to several months. Menaker says some of his clients, who are willing to do just about anything to gain an edge, have said they spent upward of $10,000 on materials like indicators, charting packages, and online courses. Others have said they've spent money on things like cold plunges, heart biofeedback devices, brain wave devices, and even psychedelics. Menaker is skeptical of some of the businesses selling to day traders. The space has become flooded with hype and influencer marketing, he says, especially targeting new traders who are just learning the ropes. "It's really a buyer-beware environment," he said. A trader's elusive dream Making money day trading is hard. One 2020 study found that 97% of traders who persisted for more than 300 days ended up losing money, after accounting for fees. Just 1% were able to make a profit, and it was often minuscule. Still, many are willing to keep trying. Cameron Buchanan, the cofounder of International Day Trading Academy, told Business Insider he believes the heightened volatility is what's behind the boom in traders seeking these kinds of services. Big swings in the market are often ripe with opportunity to win (and lose) big, but navigating the intraday moves is not easy even for professional traders. More people are also lured by the prospect of becoming full-time traders, a once-niche ambition that now offers the possibility of financial freedom and the ability to work from anywhere with an internet connection. "People are sharing that life's stressful," Lowry said of some of the academy's clients. "People come out of retreats and say, 'I've made a decision that I'm going to do this now.'" Dr. Reid Daitzman, a Connecticut-based psychologist who frequently works with day traders, says he's seen a 50% increase in traders wanting to work with him over the past year. He believes that a good chunk of his clients are deeply involved in the stock market and seek to improve their trading, partly because they've already lost a large sum of money, but also because many are bored. "A lot of people just trade because they have too much time on their hands, literally, and they have nothing to do," he said, adding that some of his clients were recovering from substance addictions and picked up day trading in sobriety. Menaker, who consulted with traders on Wall Street prior to opening his own practice, believes the main way traders improve is by understanding themselves better. His work hinges on the idea that traders need to know their "inner market" — a nexus of hopes, dreams, fears, and memories that explain how traders respond to risk and opportunity. While he sees some value in trading education and some evidence-based tools, like HRV biofeedback, he believes most gadgets out there won't make a difference unless traders do the work to understand their own minds. "People will never really get what they need, which is, 'How do I respond when I'm under pressure and how can I change that to act more in my own best interest?' That's really what the courses should be emphasizing more, in my opinion," he said.
Time of India
12-06-2025
- Entertainment
- Time of India
Happy Birthday Gopichand; Makers drop Samurai-inspired look from ‘Gopichand 33'
Picture Credit: X Actor Gopichand is celebrating his birthday today, and marking the occasion, the makers of his upcoming film, tentatively titled 'Gopichand 33', treated fans to a gripping glimpse of the actor in a never-before-seen avatar. Set in a historical setting The film is directed by Sankalp Reddy of 'The Ghazi Attack fame', and is expected to revolve around the lesser-known historical event from the 7th century. Gopichad's look The makers shared the poster, in which Gopichand is seen sporting a full-beard look and donning samurai-inspired battle gear, standing tall and radiating raw power and determination. The visuals hint at a fierce warrior, a man with purpose and unshakeable grit. — SS_Screens (@SS_Screens) They wrote, "He is ready to ignite a revolution Unleashing the Fierce Warrior Here's #Gopichand33 Birthday Glimpse Happy Birthday to the one who shapes his own path and conquers destiny, our Macho Star @YoursGopichand! A Historic Epic is in the making..." The makers also shared a teaser along with the poster. In the 34-second clip, Gopichand's character is seen coming out of his tent which is set on the snowy mountains. As comes out of the tent, he tends to his horse. The makers wrote, "Feel the power & courage in the #Gopichand33 Birthday Glimpse". The team has kept plot details under wraps. Production in full swing As per 123Telugu, the team recently wrapped the film's first schedule and has already begun work on the second. A massive set replicating the 7th-century setting has been erected in Hyderabad, where shooting is currently underway. The production is said to be operating on a grand scale with extensive set designs, authentic costumes, and action choreography suited for the period.
Business Standard
11-06-2025
- Business
- Business Standard
NSE SME Ganga Bath Fittings opens hot, cools off quickly
Shares of Ganga Bath Fittings were trading at Rs 56.05 on the NSE, a premium of 14.39% compared with the issue price of Rs 49. The scrip was listed at Rs 59, a premium of 20.41% compared with the initial public offer (IPO) price. The stock was currently frozen at its lower limit of 5% over its listing price. The counter hit a high of Rs 59 and a low of Rs 56.05. About 15.36 lakh shares of the company changed hands at the counter. Ganga Bath Fittings' IPO was subscribed 1.61 times. The issue opened for bidding on 4 June 2025 and it closed on 6 June 2025. The price band of the IPO was set at Rs 46- 49 per share. The IPO comprised of a fresh issue of 66,63,000 equity shares. The promoter and promoter group shareholding diluted to 69.16% from 98.81% pre-issue. The company intends to utilize the net proceeds to meet capital expenditure towards purchase of equipments/machineries, repayment/prepayment of certain borrowings, working capital and general corporate purposes. Ganga Bath Fittings is a manufacturing company specializing in a wide range of bathroom accessories and fittings. The company is engaged in the production and supply of high-quality products including, but not limited to, CP taps and components, showers, sanitary ware, ABS showers, ABS health faucets, ABS taps and accessories, PTMT taps, door handles, bathroom vanities, sinks, stainless steel (SS) showers, shower drains, and SS channel drainers. With a diverse product portfolio, the company caters to both residential and commercial bathroom fitting needs, ensuring functionality, durability, and modern design. It sells its products under its brand name such as Ganga, Glimpse, Stepian, and Tora. The company has 123 employees. The company recorded revenue from operations of Rs 22.45 crore and net profit of Rs 3.60 crore for the period ended 31 December 2024.
Time of India
04-06-2025
- Business
- Time of India
Ganga Bath Fittings IPO opens today: Check GMP, price band and other details
The IPO is being offered in a price band of Rs 46 to Rs 49 per share. The minimum lot size is 3,000 shares, translating into an investment of Rs 1.47 lakh for retail investors. Ganga Bath Fittings launched its IPO on June 4, aiming to raise Rs 32.65 crore through a fresh issue of shares, with listing planned on NSE SME. The company, known for its bathroom accessories under brands like Ganga and Glimpse, will use IPO proceeds for expansion and debt repayment. Tired of too many ads? Remove Ads About the company Tired of too many ads? Remove Ads Financial performance IPO proceeds and utilisation The initial public offering (IPO) of Ganga Bath Fittings opened for subscription on June 4 and will remain open till June 6. The SME issue aims to raise Rs 32.65 crore through a fresh issue of 66.63 lakh equity shares. The shares will be listed on the NSE SME platform, with a tentative listing date set for June IPO is being offered in a price band of Rs 46 to Rs 49 per share. The minimum lot size is 3,000 shares, translating into an investment of Rs 1.47 lakh for retail investors. Jawa Capital Services is the lead manager to the issue, while KFin Technologies is the in 2018, Ganga Bath Fittings is engaged in the manufacturing and supply of a wide range of bathroom accessories. Its product portfolio includes CP taps, ABS showers, PTMT taps, sanitary ware, door handles, vanities, and sinks. The company markets products under in-house brands such as Ganga, Glimpse, Stepian, and Tora, and also engages in OEM manufacturing facility is located in Shapar-Veraval, Gujarat, and the company has ISO 9001:2015 certification for quality management. Ganga Bath Fittings operates through a network of over 2,500 distributors and offers more than 400 SKUs across three major business company has shown steady growth in revenue and profitability. For the nine months ending December 2024, it posted revenue of Rs 32.31 crore and a net profit of Rs 4.53 crore. In FY24, full-year profit stood at Rs 2.48 crore on revenue of Rs 32.01 company intends to use the IPO proceeds for purchasing new equipment and machinery, repaying certain borrowings, meeting working capital requirements, and for general corporate strong brand recognition in the sanitaryware sector and a growing distribution network, the company hopes to capitalise on rising demand driven by urbanisation and real estate development. Investors will be closely watching the subscription trend over the next three days to assess sentiment for this SME issue.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
