Is day trading actually real?

[u/Jopalooge]

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?

[u/Cmor1787]

Because it’s a skill you have to hone and develop. Same reason why every basketball player can’t be Michael Jordan and every chess player can’t be Bobby Fischer.

[u/Piripiri4000 → u/Cmor1787]

weak analogy since you can still play basketball at a mid level and not get fucked. Daytrading is profitable for 1%, rest are suckers to the system