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Korea's stock market is becoming a casino for one-day wagers 

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·As wild swings grip the Kospi, retail investors are piling into leveraged ETFs and even 150-times leveraged products, raising alarms over speculation and investor protection.

·Korea's stock market is increasingly resembling a casino, where retail investors place short-term wagers through leveraged exchange-traded funds (ETF) as volatility erodes the appeal of long-term investing.

·"I feel like my life has been turned upside down because I'm constantly glued to the stock screen," said a job seeker surnamed Seo, who recently suffered a heavy loss after selling their gold to start leveraged trading.

·"But I'm afraid that if I do nothing, I'll be left behind.” An office worker surnamed Lee, who has recently gotten hooked on day trading — buying and selling stocks over short periods to capitalize on price swings — even believes that the strategy has become a way to cope with the market's extreme volatility.

·"I know long-term investing is the right approach, but the market is moving so wildly that waiting feels too costly," Lee said.