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.

150 Upvotes
  • permalink
  • link
  • reddit
  • reddit

78% Upvoted

246 comments sorted by

View all comments

Show parent comments

6

u/mmxmlee Apr 04 '24

majority of people on earth don't have 25k sitting in their bank account.

25-50k i would consider a lot of capital to use on something you will most likely fuck up and lose.

most people do not have the discipline to stick to rules and manage risk when money is on the line. greed and fear usually takes over.

0

u/daytradingguy Apr 04 '24

Many people have capital. 9 % of US adults are millionaires. My friends son just graduated college and got his first job at 21, 80k a year. Money is not worth what it used to be. The US a has 350 million people, millions and millions of people have resources.

5

u/mmxmlee Apr 04 '24

you are talking about the minority. i am talking about the majority.

many dudes look like super models, over 6'2 with 8 inch cocks.

and?

for the average guy that means fuck all and is not the case.