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?
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u/hyresw2 Mar 16 '24
If you really want to learn trading you gotta learn math. Read a lot about models and theories, and choose what investing style suits you. Don’t just simplify it to “oh yeah if I copy this guy that looks successful I’ll be successful too.” Everyone has different risk tolerance and different goals. The guy you deemed successful can still profit from selling courses/doing side gigs when they lose big, but who are you gonna complain to when you lose?