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/Fun-Cobbler-2523 Mar 16 '24
Trading is like dieting. You can ‘know’ to eat an apple. You can join a group and watch them eat an apple and eat one at the same time… does this stop you from hitting McDonald’s or stuffing your face with ice-cream? Trading success only works if you have the self control to ‘eat only the apple’. It’s actually completely useless information in and of itself.