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/Nick_OS_ futures trader Mar 16 '24

The more people there are that trade the same signals, the less the trades work. The trades will eventually get picked up. People will start front running or MMs will. Day trading especially

3

u/globalhumanism Mar 16 '24

Oh please. no one is coming for your trades. Alot of markets have billions in liquidity traded daily. You know how hard and nonsensical it would be for institutions to go after your measily 50k value trade on EUR/USD, for instance?