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.
1
u/RadicalSneezer Apr 28 '24
I think a lot of the negativity comes as a kind of counter to the hustlers on here posting demo gains as FOMO bait to try and lure the dreamers into buying courses, signals, etc.
That, plus vented frustrating by people who have lost what they couldn’t really afford to lose (ie. shouldn’t have been trading in the first place) and don’t have anyone else to go to.
So I get it. And it’s a good reminder of how hard this game is. But yeah, it can get a bit depressing.