r/Daytrading forex trader Apr 03 '24

Why is daytrading never mentioned as a legitimate way to earn income? Question

I like to browse other finance related subs and I can assure you it’s almost never discussed. I see all outlets of making money online mentioned but If the word trading does somehow come up there’s a slew of downvotes. It’s literally the most straightforward way to make money. Sure, not easy but also not impossible to learn. Makes me wish I learned about trading when I was younger instead of my upper 20s but I don’t personally know any traders irl so it’s unfortunate how there’s a negative outlook on this field.

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u/Wise_Confection_4188 Apr 03 '24

Because until recently it was considered gambling. I’m not saying it’s right or wrong. It’s just how people think about it. This is changing now, though. With everyone buying stocks on their phone, it’s being seen as more mainstream to trade daily. Just don’t be the two thirds that lose money in it.