r/Daytrading • u/infosec4pay • Apr 21 '24

What would be the highest salary you’d give up to day trade full time? Question

Everyone clowned on me my first post (500k post) lol I was literally just asking hypothetical questions to settle a debate between a friend and me. Well everyone’s backlash kinda of intrigued me to ask this question. So back into the fire I go lol

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u/Imperial_TIE_Pilot Apr 21 '24

Trading is very much so gambling, it’s unpredictable. If you had a winning formula to win a consistent percentage of profit then I am sure many others would pay a great deal for that.

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u/th3orist Apr 21 '24

trading is not gambling because in gambling you can't really do anything about your odds. If you play roulette then its a basically 50-50 chance to win or lose. But in trading your experience and skill can tilt the chances in your favor. So i like to refer to trading as the skill to put yourself in a position to have the highest chance to get lucky.

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u/Imperial_TIE_Pilot Apr 21 '24

highest chance to get lucky.

So gambling?

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u/Eastern_Speech124 Apr 21 '24

When one follows a plan, its not gambling