Another thing to remember RATES!It has been a long time since rates were up where we are (and they will continue to climb)...that will add pressure to margin accounts
The days of easy or as I call it "free" money is over....I think the market right now is flushing some millenial money as margin gets expensive and is called and the ponzi crypto scheme unravels
I think many who have not been around the block a few times are cutting loses and realizing the market isn't always fun and games.
I believe MANY lessons learned especially for the younger generations.
I am understanding though of their pain...we have all been through it.
It makes you stronger, hopefully wiser and certainly more cautious with money!