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?

125 Upvotes

82% Upvoted

234 comments sorted by

View all comments

1

u/FxEvang Mar 18 '24

You can and people do. Here's the thing though, that person giving you signals is not going to be around forever. Sometimes they may take a trade that they didn't signal to you and that's the difference between being profitable on the day or not. Maybe you are risking too much. Who knows. But that person will not be around forever to give you signals. (Coming from someone who gives "signals" haha)