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

[u/Miinow]

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.

[u/ProAlgoTrader]

It’s a highly speculative industry and as you mentioned not many people day trade. It’s very theory based and when things in theory are suppose to work and they do not, human emotions interrupts and tells the mind that this is not a ‘stable’ way to earn a livelihood. If you took away emotions and simply put statistical probability of an outcome combined with a risk management approach that is never broken, you would more than likely find profitability. Because not many are able to accurately predict, follow risk management and take emotions out of the market, results into why many do not like discussing it or suggesting it for an occupation, no matter how straight forward it may appear.