Day Trading Debate
The cluster centers on debates about whether day trading and speculative trading are profitable or just gambling, with skepticism about scalability, high risks, and most participants losing money, contrasted by claims and anecdotes of successful traders.
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You're not missing out, this is just gambling, most people lose their money trading, easy money easy to lose, you can safely ignore them.
if you could make that much money day trading wouldn't it be scale able and someone else would already make those trades?
If you think trades don't kill you... you're naive
Trading your time for money doesn't scale. Trade others'
Try hanging out with Wall St traders some time. That will put things in perspective.
Day trading is not investing, it is gambling
Sounds like regular day trading has similar issues too?
Trading requires this, but pure long-$coin speculation does not.
Typically there is more money to be made selling subscriptions than trading unless u are a major hedge fund. Desperate ppl look for any sort of guidance even if it does not work well.
True, to make money you need a ton. Sometimes you will make bad trades. Even when it works out your gross profit on the 10000 trade is 100, out of which you need to pay expenses. It isn't a place for small players, but the amount of money on an individual trade isn't much.