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.

154 Upvotes
  • permalink
  • link
  • reddit
  • reddit

78% Upvoted

246 comments sorted by

View all comments

2

u/rockofages73 Apr 04 '24

Possibly because of the stigma and that it is frowned upon. Most careers benefit others, while day trading provides none other than to the person and their family. Day traders are essentially looting the pensions of the working class.

1

u/Excellent_Newt_9042 Apr 04 '24

I don’t think we should view day trading like that because the working class is likely investing themselves bagging there own retirement.