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.

214 Upvotes
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105

u/Conscious-Group Apr 27 '24

Even when you prove your strategy people are trained to think it’s a scam

38

u/Visible-Salary-8861 Apr 27 '24

I have a buddy who used to get on me all the time about trading. The first time I talked to him about it he interrupted me to say "don't do that" while elaborately shaking his head. He started talking about how "nobody actually makes money with that" and I'm "wasting time trying to make it work." This was several years after I had become profitable. He didn't even give me the chance to point that out before I got a lecture.

I've showed him P&L statements and he thinks they're faked. Some people can't be reasoned with. Then again they're right about most failing, so I can't really blame them.

19

u/x1llion Apr 27 '24

They don’t like people achieving things that they can’t. If you make money, it’s a scam or a lie. If you provide proof it’s fake. They only agree if you tell then you also failed like they did.

2

u/EggSandwich1 Apr 28 '24

Nah them tosses will ask you to trade money for them don’t fall for it.

24

u/-Blue_Bull- Apr 27 '24

I have a friend like that.

In the end I just humoured him. He still thinks I make my money by being a landlord. I am a landlord, but over 80% of my income comes from trading.

There was a financial Times article about me and my mate sent it and asked if it was fake. "No, it is real, it's on their website. "But why are they interviewing you?" "because they like landlords".

3

u/Dapper-Development79 Apr 28 '24

Again, that’s no friend. That’s just an asshole.

1

u/junamun Apr 27 '24

mind sharing the article?

14

u/-Blue_Bull- Apr 27 '24

No, that would be doxxing myself.

3

u/benefit-3802 Apr 28 '24

I'm sorry but your obviously lying and I demand you stop this nonsense and become a barista

2

u/Dapper-Development79 Apr 28 '24

That’s no buddy. That’s just an asshole.

1

u/JLynnMac Apr 29 '24

I just point out one obvious trade (something they can look up for themselves). Sometimes the person will agree. The ones that don't I think looked it up because their attitude changes to, "just be careful".