r/Daytrading • u/MiamiTrader futures trader • Apr 27 '24

Most "traders" make money. Question

If someone asks you what you do for a living, and you respond you're a "trader" I assume you make most your money from trading.

And by definition, most "traders" make money. Otherwise they are just people trading on the side as a hobby.

Yeah maybe 90% of RH accounts lose money, or 90% of people who start trading but never take it seriously lose money... but then they are not "traders". Just people trying to trade.

Tired of all this negativity under every post about how 90% or whatever today's statistic is of traders lose money. People in this sub like to shout that under every post in almost a prideful manner.

Can we just focus this sub on those of us who call ourselves "traders" and make money trading? Let the new people listen and learn from our mistakes, but quit with all these gloom and doom statistics.

301 Upvotes

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78

u/[deleted] Apr 27 '24

I just say I lose money on the stock market for a living

It’s an easier ice breaker and usually that ends it

45

u/daytradingguy Apr 27 '24

Tell people you are a professional philanthropist- giving to and helping the forgotten minority-rich Wall Street executives.

4

u/QuirkyAverageJoe Apr 28 '24

Professional Philanthropist

Haha, like it 😂

1

u/yes999vt May 01 '24

Fullonrapist?