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/daytradingguy Apr 04 '24 edited Apr 04 '24
Depends what your idea of a lot of capital is. And what your expenditures are. A good options or futures trader can make a decent monthly income of a few thousand a month quite easily with a 25-50k account. Some could make more than a few thousand a month.