Do you ACTUALLY rake in the dough with day trading? Honestly? ๐ฐ๐
โญ Can day trading really make a lot of money? Or is it just a lie? What do you think?"
Hey, have you heard? For day traders, 95% of them come home empty-handed, but what about those lucky 5%? ๐ค They are like the rich people on Wall Street, making big money! Are they even more than the market itself? ๐
๐ฏ If you're laser-focused on your career, a 95% success rate sounds pretty darn good, right? ๐ What I'm getting at is, whenever we go for a high-profile job or future path...
๐ Which professional athlete boasts a failure rate of just 0.000001%? In the sports world, only a select few make a decent living. ๐ค
๐ Which professional athlete boasts a failure rate of just 0.000001%? In the sports world, only a select few make a decent living. ๐ค
๐ Salespeople? How many quit before they start bringing in the bucks? Lawyers? ๐จ Doctors? How many students bail out of school before they even make it to the finish line?
๐คซ The truth is, you can't always trust those online braggers about their trading profits. Many of those "success stories" could just be a lucky shot or a tall tale. ๐ฏ
๐คซ The truth is, you can't always trust those online braggers about their trading profits. Many of those "success stories" could just be a lucky shot or a tall tale. ๐ฏ
But anyway, the road to success is not always paved with roses, but with perseverance, we can all achieve our goals! ๐ช
โคHey, guys! Share your musings and ideas down in the comments! ๐๐ก Let's get the chat flowing and have some fun together! ๐๐
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CuryNeil : They say 95% of day traders lose money, but how much do the 5% make? Are they beating the market? Yes, and generally by a lot if they are skilled. I think I do pretty well, but I know of/trade with other traders whose returns run circles around my own.
Ohine : I gotta put in at least a few hours daily to trade (2+ years of experience). I'm always learning. I chose a job that lets me trade most of the day. I work from 2-10pm EST in tech, sitting in front of a computer. I don't trade much in the afternoons, but my boss doesn't mind if I manage my trades. It's like I'm working and trading full-time!
BeautyWolf : Day trading can make you money, yeah!![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
But most folks don't get it and fail. They buy speculative stocks hoping to hit the jackpot, like some cancer drug company.
They imagine the news and stock skyrocketing, but often end up losing and the stock never takes off.
francistee : The main business has always been the main focus,