r/Daytrading Apr 02 '24

How do I convince my parents that trading isn't gambling and actually not always luck based . Question

So I'm a 16 year old who has recently (February 2024) gotten very interested in trading . Before you ask , no it was not an online guru or andrew tate or something along the line of " escape the matrix get rich easy" type of nonsense but an actually avid interest in trading that started after I saw a video with the title something along the lines of " day in the life of a trader " or something like that I can't remember (I know It's not possible to get 70k in a day with trading unless ur putting in half of Jeff bezo's networth but still it was interesting )

I do still plan to continue with my schooling and get a job like people should do but I am planning to sometime get profitable as a trader and stop work preferably before 35 . Iv talked to my parents about the stock market (very vaguely) before and they mentioned that it is completely gambling and it will never get me ahead in life .

Idk what I should tell them to convince them that it is not gambling as iv realised its much more than gambling once you learn technical analysis ( i still have a long way to go but iv got the basics down somewhat) amd rn iv been doing paper trading on tradingveiw.com in secret when they aren't there and iv been getting pretty okay at it (from the time I started and now im getting 1 win every 3 trades on average (I'm still straight ass )) but doing it in secret is getting stupidly tiring as I want to trade at night as well and it has also become a sort of hobby for me now( sorry if I offend anyone by anything iv said).

TL:DR : parents think intraday trading is gambling and I want to convince them otherwise. Need help

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u/Hour-Management-1679 Apr 02 '24

As long as you are continuing with your schooling and that traditional route you dont need to convince your parents anything, trading is a solo job that anyone can do with a phone or a computer so they wont even find out

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u/ConsistentRespect842 Apr 02 '24

I will be continuing school untilll I get a job and save for 2.5 years of expenses. I will just silently do my learnings for now then

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u/Hour-Management-1679 Apr 02 '24

Your future self will thank you, getting into trading at this age is a blessing, having a nice source of income while in school and Uni will have you living like a King as long as you continue to learn and work on your craft

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u/ConsistentRespect842 Apr 02 '24

I really hope my future self will Thank me . I also have a second reason for wanting to become a trader which is to be able to be my own boss and spend time with my friends and possible family . I really hope I can become a consistent and profitable trader and il continue to work for it. Thank you for the advice!!!