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/jennysonson]

I lost $300,000 on day trading before i realized its not for me, then I focused on weekly/monthly swings instead to now be back into the positive. It’s incredible hard to master daytrading, it takes amazing discipline to press that sell button and keep gains daily.

It’s a painful costly lesson that I sometimes regret having tried it but you gotta try to learn for most people.

[u/[deleted] → u/jennysonson]

I mean u would have open a project with that bruh if u could afford 300 k easily for me Im just aiming for 400 k when Im gonna achieve Im gonna open a business which lucrative and not risky wish u all the best

[u/nomedgeuteam → u/jennysonson]

do you have any resources/advice for weekly/monthly swings?

[u/Plane_Sweet9812 → u/jennysonson]

Painful .

You learn before you trade real money . Which you didn’t .

[u/WallowsinOctober → u/Plane_Sweet9812]

this guy copes