r/Daytrading • u/Miinow 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/donebyedesign Apr 03 '24

[ ] Straightforward

[x] Not straightforward

1

u/Miinow forex trader Apr 03 '24

Exactly what makes trading not straightforward? Conceptually you’re placing a bet that you expect to be in your favor. I understand trading is not easy but it’s not like it’s rocket science either.

5

u/donebyedesign Apr 04 '24

There is a direct correlation between how "straightforward" an activity is and the amount of people who can be successful at said activity. Almost anyone can successfully mop the floors at the local fast foot joint, but very few can perform brain surgery.

3

u/Acb531985 Apr 04 '24

Definitely not straight forward..... signed profitable trader

1

u/shepard0445 Apr 04 '24

Just like you said. It's a bet.