데이 트레이딩, 진짜 가능한가요? 🤔

lololol GGWP

Yes, it's legit.

However, your boyfriend doing this through an influencer means he is already on the path to ruin. Understand that these influencers make their money from selling courses, not actually trading, so they are not capable of helping.

Real traders generally don't do influencer shit because it's just a waste of time for not much money.

Yes it’s doable but it takes a lot of time and effort before you can make a living from it. Expect 1-3 years of full time effort… if he says it’s less he’s either misinformed or deluded.

He’s 20 so contrary to what others here say, I say this is the perfect time to take such a risk. Learning to be a trader teaches a lot of valuable lessons and really makes you take a look at and address your weaknesses.

Oh and the influencer is probably talking complete shit, I’m 99% confident the influencer does not make any money trading.

Edit to add that your bf doesn’t want to work until he’s 50? I get the point but he has to know that trading is a lot of work, and it’s waaaay more difficult and stressful than corporate jobs… from my experience (19 years corporate, 4 years full time trading) anyway.

Hardest thing in the world but most rewarding! You ready for a painful experience for freedom?

A job is a must to do it right.
Even if it’s for one year. Most of the times people fail for too long in this business is because they outright put all the expectations on trading right away. It’s like you start medschool and you think you will do a brain transplant (:-D) in the third or fourth month.
So there are basic steps that he needs to take to make this work.
Trading needs to be dealt with from a place of stability. Not when your footing is loose.
Your daily utility and rent and needs must be taken care. Once that is done, then focus on trading with the remaining time.
Contrary to the rookie’s idea trading is mostly what you do during your non trading hours than during live trading. So his job will never come in the way of improving and the process.

I don't suggest trying until you have a savings portfolio for the future.  It's a very fast way to lose money.

Tell him to have job first than try as side

Can be successful? Yes. Will be successful? No, probably not. The vast majority of people fail and lose everything, especially when they start getting into options trading. So unless your boyfriend has an extremely large starting capital and intends to just let most of it sit in SPY and collect the gains, he more than likely will be broke within 6 months. Of course he might also put a lot of time and effort into it, learn the trends, do the research, etc., and be successful. Unless the starting capital is large enough though, the gains will almost assuredly not be anywhere near enough to survive. It's like gambling to too many people, and the house always wins.

legit if you have more cold moneys to start with ,and dedicate your time and effort for long time. money that come quick ,can lose quick - and it can affect your mental state in many cases

Many trading influencers on social media are scammers. Your bf doesn't need to pay for a trading course as there are many online that are free. Influencers tend to be failed traders or never traded and therer course are just copies of the free stuff online. Just because an influencer claims they are successful doesnt mean they are. They get there money from people doing their courses. The figure that is always quoted is that 90% of traders lose their money. Influencers fill people's head with claims its easy and you will be a millionaire. If your bf really want to try trading then he should spend time reading trading books, doing the free online courses, having a demo account using virtual money before trading with own money.

Its up and down the trick is to be more up

day trading can technically make money, but most people lose more than they win, and relying on an influencer for advice is a huge red flag it’s not really a reliable path for steady income.

it's harder work than anything else on the table. especially ie he's starting from zero.

This is something people can be successful in, if they're extremely lucky. But not something they can be an expert in. Stock market fluctuations are random. There are people, including in this thread, who think of themselves as experts because they got lucky, but aren't.
The educational channel Veritasium has a video on this \[1\] which explains it better than I can. It even includes stock trading as an example.
\[1\] [https://www.youtube.com/watch?v=5eW6Eagr9XA](https://www.youtube.com/watch?v=5eW6Eagr9XA)

That's what they all say.

Person here that is one of those younger guys getting super into day-trading! I’m 24 male, in college, and dreams of being a day trader.

I’d say for the majority of people, I don’t think it is realistic because I can’t see most people having the right mindset for it. But if you want to make it work you need the motivation, work ethic, and mental fortitude to make it work. I’m not there yet, but I’m also not gambling and that’s what a person getting into it needs to separate and understand. You need to set yourself on a chair for months doing your data gathering, systems and strategy building, backtesting, emotional tempering and much more. I’m currently on the phase where I’ve been developing a system of rules and I’ve been backtesting it manually for hundreds of historical trades. And I understand that trading is a slow build of a career that will need to be tuned and optimized year after year. There’s only such a thing as a fast path to wealth if you’re gambling. If you can’t love the boring grind you shouldn’t trade, period.

Personally I think getting taught by most influencers is a major trap, most are selling expensive courses and aren’t actually good at trading. Best way to do it is to do your own research, do a lot of testing, and slowly write up a rule and systems book for yourself.

But yeah, support him if he’s down to grind this stuff. If he isn’t and still wants to do this then I hope he sizes small because It’ll either be him striking it rich luckily or losing enough to decide it isn’t for him or to do things the stable way later.

Also, one “influencer” I trust is ImanTrading on YouTube, doesn’t sell courses and speaks realistically. As a bonus he does a lot of exposing videos on trading gurus in general.

Good luck!

Will take quite some time before he finds any sort of consistency

It’s extremely hard in the sense of psychological stress. I’ve been doing this for a year and 3 months so far and I haven’t seen success from it yet. You have to make sure you don’t cross the line into gambling cause your mind will want to lean towards it. If he doesn’t have much capital, it’ll take even longer to get to success unless he over leverage with insane odds and can handle emotions. It’s a small hard grind.

Him learning from an influencer, lot of them are fakes. I hope he did great research to make sure he isn’t getting scammed cause lot of influencers flash money to sell a course just to find out they didn’t make much or anything (look up Justin Werlein he’s a prime example)

Is this real and can he make money from it? Yes. I’ve seen Reddit posts where people make it a living, some people make little extra side money but it’s hard to trust the influencers in the community cause they make money off people and you have no idea if the flashy stuff is from courses or straight day trading.

If he really is down to do this he needs to keep at it but only use disposable income and not look at other people’s successes and compare himself and he needs to know he may be in this for the long run before he sees any ROI

Do it the hard way: read the books follow the news , thank me later . He’s young, learn now(!!)

You're going to hear all kinds of takes, but the truth is somewhere in the middle.

Good news? Yes, it is 100% legit as far as it's possible to make money and a living doing it. It's not a scam. People are doing it right now as I type. I know people that do it full time, part time, or just as a side hustle. I myself have made money.

Bad news? That's also the danger of the allure ... because just because you see an influencer doing it doesn't mean YOU can or that you even should. The old saying applies here; "If it was that easy, everyone would be doing it."

It's not a scam, but it's also not a life hack. *It's work*, and a VERY stressful one at that. And the road of day trading is littered with the corpses of people that "knew what they were doing." Worse is even if you are an expert, the cold hard fact is there's days or weeks or months where you're going to lose money.

I'm going to repeat that last sentence because it's THE first lesson everyone is needs to learn. You WILL lose money at some point, or multiple points. and you have to be okay with that. Put another way, your BF might hate his job, but that paycheck is still going to clear. Is he mentally and financially prepared to accept the fact that his income is going to be wildly inconsistent in exchange for freedom?

I'm already rambling but to tie it all together, the successful traders you see likely took years to get where they are, and did so through trial and error to see what worked FOR THEM. They also probably accumulated a large amount of money in their portfolio that enables them to make those big gains. (A person playing with say, $10,000 PER TRADE everyday is going to make a lot more and be able to make a living off it then someone with only $100) Then we're back to the previous question. Is your BF okay with risking maybe hundreds or thousands EVERY DAY, 5 times a week?

To end this on an encouraging note, If he's serious I highly recommend he do the actual research himself and not just listen to an influencer. It's one thing to "enter on a pullback on that 1-min candle" because someone told you to...it's another to understand ***what*** that means and ***why***? He could also paper trade for a while to get a feel for what it's like without risking real money.