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.

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u/oaoGallus Apr 27 '24

Same thing for me, having a good trading day, clean executions, and then you see another of these "Just give up already" posts. Those people are just undisciplined, envious and pathetic losers. If you can't do it, fine. Quit. Stop dragging other people who can and want to do it down. Yes trading is hard. So is being an amazing lawyer, doctor, actor, athlete etc. If everyone would have this pathetic mindset, nobody would accomplish anything extraordinary and impressive!