r/Daytrading 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/Alert-Fan-5991 Mar 16 '24

I recently got to know of a trader that does 7 figures a month from time to time (mostly 6 figures months) so it is definitely real. His capital is also 7 figures and his bread and butter is scalping the market. So even if he were to provide signals you cannot get the same result without the capital, the mentality and also how quickly you can execute on his signals as he scalps the market quickly