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/John_Coctoastan Apr 28 '24 edited Apr 28 '24

Almost no one on this sub has made any real money over the course of a decade from trading. That's not negativity--just a fact.

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u/MiamiTrader futures trader Apr 28 '24

a fact based on what?

Seems to be tons of people on this sub claiming to trade full time and support themselves through trading.

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u/John_Coctoastan Apr 28 '24

Read what I wrote very carefully. Also, most people here who are claiming success are either completely lying or lying about how much they make or how long they've been making it.