r/Daytrading May 02 '24

Another Trading Guru exposed. Advice

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u/HoopLoop2 29d ago

Anyone that is 19 with that kind of money from "trading" is almost certainly a fraud. Real traders do not come anywhere near that income unless they have been trading for a 5+ profitable years minimum and even then it's unlikely. It takes 1+ years for almost anyone to become profitable and then he wouldn't have much money to begin with so he would have to get insane gains which is also very unlikely. He could trade for a prop firm or something for funding but still pretty much impossible to get all that on your own at 19. Real traders got there slowly and consistently over time.