‘The New Americans: Gaming a Revolution’ Review: A Heady Documentary Looks at How Stock Trading Turned Into a ‘Rebellious’ Addiction

In the history of casual comments that sound like they could mark the end of civilization, there’s a staggering contender in “The New Americans: Gaming a Revolution” — all the more so because it comes from an investor who sounds reasonably intelligent. The movie, the latest documentary provocation written and directed by Ondi Timoner (“Mapplethorpe,” “We Live in Public”), is about the new era of lone stock traders — many, though not all of them, millennials — who grew up playing video games and now experience investing at home as a literal extension of that thrill-a-minute world. The new trading apps, designed as visual candy, are meant to give you the rush that gamers get (and also the high that people seek out from slot machines). Trying to sum up the lizard-brain appeal of it all, an investor named Mitchell Hennessey explains, “Even if you lose on the trade, confetti pops up, and it almost feels like you’re leveling up. Even if you might have lost 50 percent.” So you’ve just lost half your money, but it still feels like you’re a winner. That’s called drinking the snake oil.

Ondi Timoner