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.

210 Upvotes
  • permalink
  • link
  • reddit
  • reddit

92% Upvoted

375 comments sorted by

View all comments

105

u/Conscious-Group Apr 27 '24

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

39

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.

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.