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Dr. Phil characterizes day trading as a high-risk financial activity equivalent to gambling.
“And you know, Jill pointed something out that I think is really interesting and um day trading is kind of gambling, right? It's very high risk.”
Dr. Phil · May 2026 · 1 episode · 181K views on this topicRobert admits that his day trading activities were an obsession that led to significant financial losses.
“I lost a lot of money, didn't tell my wife about it, but I thought I could make up for my losses. >> Things were spiraling out of control. I went to [music] charge something on a credit card and the credit card was maxed out. I had to tell her we lost everything.”
Dr. Phil · May 2026 · 0 episodes · 0 views on this topicExtracted by a model; may misattribute who said what.