Only 1-3% of daytraders are successful, and it’s becoming insanely over saturated with TikTok bots thinking they’re gnna become Miami millionaires with it literally just better off putting money in S&P
Why not both nugget
as somebody who is 3 years deep understand that succsess in this space is as hard as going to collage becuase it can take that long to get profitable im not saying stop but im giving you this warning early form sombody who has been in it for a few years
Because day trading is just gambling you’ll have one good day where you might make 1-3k then blow all of it trying to replicate it again
Nigga I am a loser who doesn't go out and is 16. The last time I got of my house was 7 weeks ago and I am not kidding. I am more then willing to commit to this shit
You are aware that you don't NEED to trade every single day. It sounds like you only saw a couple of tiktoks of retards making quick money and ask chatgpt if this is legitBecause day trading is just gambling you’ll have one good day where you might make 1-3k then blow all of it trying to replicate it again
No idea what both of those are
ok i will also help guide you in the right direction your goal is to be consistent and have longevity in this game therefore goin low risk to reward and high winrate is ideal for your mental heath people who trade like this are the highest probable to succeed create a system custom to you, yues you can learn concepts from other but never buy and mentorship and copy directly it will usally not lead you down the best path, also use prop firms at the start ofc
You should really know bro
you should probably give up ngl
reasechthe difference from disrectional and mechanical trading
its 100% possible but its for sure no money grab it takes alot of consistency and skill
"over saturated" are you retarded? this proves you know nothing about daytrading and have no value to add to this thread,
No thank you nigr I'm fine
i agree that you can put your time into other things and have a quicker path to success but you definitely dont need a 130iq to daytrade
you dont't have to be high IQ to trade belive it or not Ik some retarded mfs who are rich trading if your low IQ you have to just find a very mechanical model and way of trading to be profitable over the high IQ discretional models whick produce more alpha but are harder to develop and keep consistent
130iq is 1/20, its not very rare
iq doesn't determine weather you can succede in something or not
