User7
𝘀𝗵𝗮𝗱𝗼𝘄 𝗯𝗮𝗻𝗸𝗲𝗿
- Joined
- Apr 4, 2026
- Posts
- 141
- Reputation
- 93
Unless you utilise insider trading (already hard to do without significant connections) you CANNOT be profitable day trading, this applies to all avenues of trading: Commodities, Precious Metals, Stocks/Shares. I won't mention Funds, Bonds, Gilts etc. because if you "day trade" those types of securities then I would question your IQ.
The only way for the average person to become somewhat profitable trading is through long term gains & putting money into the right funds, and for people who cba researching - you should leave your investment money into either the S&P500 or FTSE250, inject a monthly deposit into the index preferably through Stocks and Shares ISA accounts for the tax benefits. The fees are always much lower than trading one stock at a time.
You can't beat the S&P500, this has been attempted for decades by many fund managers, bankers, wealth managers, and day traders much to their disappointment as the only way to beat this is by buying VERY LOW and selling VERY HIGH which is near enough impossible unless you are insider trading.
2026 and people are still day trading...if you want to invest, do prior research and put your money into funds (Vanguard, Barclays, HSBC etc.), these may offer you dividends which if saved in your account as cash can pay off tax from gains. I don't care if you made £1,000 trading today, from now till the end of your day trading career I can almost 100% guarantee you will not have made more money than fund investors or people who leave money in mainstream index funds.
Forex is a short term method, however its only profitable depending on world events, I personally only trade Forex (Gold, Oil, some currencies) when there are wars, and yes, it makes a FUCK TON of quick money, yes, its basically war profiteering, but then again...its not profitable doing it everyday.
The only way for the average person to become somewhat profitable trading is through long term gains & putting money into the right funds, and for people who cba researching - you should leave your investment money into either the S&P500 or FTSE250, inject a monthly deposit into the index preferably through Stocks and Shares ISA accounts for the tax benefits. The fees are always much lower than trading one stock at a time.
You can't beat the S&P500, this has been attempted for decades by many fund managers, bankers, wealth managers, and day traders much to their disappointment as the only way to beat this is by buying VERY LOW and selling VERY HIGH which is near enough impossible unless you are insider trading.
2026 and people are still day trading...if you want to invest, do prior research and put your money into funds (Vanguard, Barclays, HSBC etc.), these may offer you dividends which if saved in your account as cash can pay off tax from gains. I don't care if you made £1,000 trading today, from now till the end of your day trading career I can almost 100% guarantee you will not have made more money than fund investors or people who leave money in mainstream index funds.
Forex is a short term method, however its only profitable depending on world events, I personally only trade Forex (Gold, Oil, some currencies) when there are wars, and yes, it makes a FUCK TON of quick money, yes, its basically war profiteering, but then again...its not profitable doing it everyday.
