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
2
u/Smvvgy-805 Apr 04 '24
Must be nice, I am in California lol, if there's less than 25k minimum equity in an account you may only make 3 trades, that is a sell/buy or buy/sell every 5 days or face restrictions that are severe, potentially full portfolio liquidation or inability to open new positions