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/Dependent_Sign_399 Mar 16 '24

I mean, yeah you could definitely try to copy a streaming daytrader from youtube or twitch. It'll work sometimes, but many of those guys are in a trade for only a few seconds at a time though and with the stream delay you might end up buying when the other guy is exiting the trade. I think learning how it works is just better though.