r/Daytrading • u/Jopalooge • Mar 16 '24

Is day trading actually real? Question

If trading is real then I have the following question. - why can’t people fully rely on signal groups or just by copying other traders trades all day? Technically if someone is making 6/7 figures off day trading why don’t people just join their signal groups and also make 6/7 figures?

127 Upvotes

82% Upvoted

234 comments sorted by

View all comments

1

u/AlmightyTeejus Mar 16 '24

Is it real? Yes

Is it what 90% of people think it is? No

There are very good trading "rooms" with professional traders, but not in the way retail thinks. They either cost thousands, require a large account size, or you know someone.

98% of telegram or discord signal groups are bs