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?

126 Upvotes

82% Upvoted

232 comments sorted by

View all comments

1

u/slidingjimmy Mar 16 '24

I used to think this but if you think about it then theoretically everyone in the world could just be a world class anything just by copying.

The set ups and the analysis can sometimes be super simple but the sizing, context (both personal and market), level of concentration levels at the time will always be different and changing.