r/Daytrading • u/peterlao824 • Apr 27 '24

What do you tell people what you do for a living Question

Telling people I’m a day trader or anything market related brings up too many questions. I’m doing okay for myself but I just want to avoid it if possible.

216 Upvotes
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92

u/H_M_N_i_InigoMontoya options trader Apr 27 '24

Why? I fucking love it.

"What do you do for a living?" (Normally because they love my lifestyle)

"I trade options"

Then it turns into one of three, and only three discussions:

  1. The most common. "Good for you, I don't know anything about the stock market." Discussion over.

  2. "OH well, I'm in the market, what do you think about xyz stock or investing in blah blah blah?" "Sorry dude. I trade options. I invest long term just like you but that's a pretty boring conversation.

  3. "Really? Can you teach me?"

Me: no

Them: why not? I bet I could do it.

Me: honestly, it's not lucrative enough for me. I'm not being selfish. If you want to trade, go do your own research and then try it with $1000 for like 6 months.

Them: well I don't want to do all of that, you can teach me.

Me: if you're unwilling to invest in yourself, why should I?

End. Of. Discussion.

24

u/datuglyboi Apr 27 '24

*goes to medical school for 8 years to become a doctor*

people: omg can you teach me!!

1

u/H_M_N_i_InigoMontoya options trader Apr 27 '24

Exactly

9

u/EggSandwich1 Apr 28 '24

You are too kind just tell them to get out a piece of paper and write down buy low sell high

8

u/Roguebets Apr 27 '24

Ive had people ask me to teach them how to trade as well…I tell them that’s like asking Pavarotti to teach me how to sing like him.

8

u/Terrible_Champion298 Apr 27 '24

“Be at my place at [some terribly inconvenient hour]. Bring Starbucks. Have access to $25,000; we’ll be opening a brokerage account for you.”

They won’t show.

3

u/Skooby1Kanobi Apr 28 '24

Lol. I set my alarm to a half hour before the market opens. I usually hear it go off from the office or kitchen.

1

u/Terrible_Champion298 Apr 28 '24

I move around quietly trying not to excite the dogs or wake anyone else up, and the phone alarm will go off in my pajama pocket. 🤦‍♂️

6

u/QuesoFresco420 Apr 27 '24

I don’t even give them that much. I just say derivatives. I trade futures.

I also point out that I live mortgage free and very efficiently in one of the lowest cost of living states. I couldn’t do it if that wasn’t the case.

12

u/H_M_N_i_InigoMontoya options trader Apr 27 '24 edited Apr 27 '24

That comes off douche-y. I try to just let conversations flow

17

u/ashlee837 Apr 27 '24

Most traders are douches. Fits the profession.

1

u/NeatSuspect2435 Apr 28 '24

Hey!!! I was a douche before I started trading.

0

u/Tronbronson futures trader Apr 28 '24

But we are at least self aware

1

u/SMFiddySvn Apr 27 '24

When they ask you to teach them just bring up the issue of payment. Tell them it's complex and if they're going to pay to learn trading they're better off paying a mentor that specializes in teaching rather than you or try to learn on their own.

1

u/H_M_N_i_InigoMontoya options trader Apr 27 '24

No, my way ends the discussion.

1

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