Thread #62112938
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Is trading actually viable?
The 9-5 is so soul draining I can't fucking imagine myself going through this another 40 years.

Ive been getting shilled trading content a fuck ton lately and it is indeed most of the time just random faggots trying to sell me courses but it makes me wonder... How hard is it to be profitable, and to live off of this? Is it realistic?
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>>62112938
no
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>>62112938
Any testimonials or success stories out of anons in here? Doesnt have to be trading I just dont want to keep up with a 9-5
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No, it's just gambling if you're not an institutional investor
Hence why they sell you courses
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>>62112941
>>62112944
Is there really nothing else we can do to escape

is it all there is to this life, slaving away my time and investing until im decrepit
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no its impossible you definitely can't average 7% returns cashed out every month
because you're dumb lol
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>>62112938
The majority of professional traders, analysts, etc do not really regularly beat the market. It's gambling. Can you win gambling? Yes. All the time? No.
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If they knew how to effectively trade they wouldn't be selling you a course with all their secrets, they would just be doing it and keeping it to themselves.

Despite what anyone here will tell you, you aren't going to be able to avoid increasing your income, be it salary or your own business, or getting inheritance if you want more money.
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work is fine, you just need to jack up your scratch ticket and nicotine pouch purchases bro. don't forget your morning white monster on the way in.
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>>62112938
100%. just work at goldman sachs or any other large investment bank/hedge fund.
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Most people lose money but not all. Just look at the latest data on hyperliquid. It's all public so there is no way to lie.

Out of every 10 wallets, 8 are in the red.
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>>62112938
>Is trading actually viable?
leverage and day trading no. position trading yes (think months)
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Look, I started with the trading thing in 2011. With this, I mean, retail Forex trading. As a background, I have a degree in finance and banking and CFA certification. I have cooperated with some popular websites about trading since 2012 and after trying and trying, 2026 has been (so far) my first profitable year. Heck, I am a better gambler than trader, not kidding, I am placed Top 5 in a tipster website. Of course, to make money, I have sold my soul to corporate world and is easier to profit there because of the volume you move. As a retail stock trader, the story is a bit different. I'm profitable since 2023. Thus, if things keep going my way, Im retiring in 2030. So, it is possible, yes, but is extremely hard. Also, most of the guys who were doing the CFA courses with me were also in the red as retail traders and barely beating the market with the companies they work for. I would never sell courses, I just found the way to profit and took me like 15 years. Not selling it for couple of hundred bucks. Still, I would tell you to open demos everywhere and keep trying and trying there until you get the trick.
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>>62112938
>Long-term, only about 1% to 10% of active traders are consistently profitable, with over 95% of day traders failing or losing money, according to data.
no. you are too dumb for a high paying job, what makes you think you would me smart enough to earn money by playing against the smartest people on the planet? do you REALLY believe you are the 1%?
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I think poker is more doable. You need less capital and the rules and data are more clear.
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>>62112938
It only works if you're rich.
Otherwise you'll be better off investing your salary for 20 years first
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>>62113571
maybe 10-15 years ago. poker is pretty much solved thanks to ai and theres lots of bots and ppl using real time assistance
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>>62112938
It's an insane grind. I do 100 lots of stuff in the $1-4 range, so $100-400, to practice. Only gainers with a lot of momentum. I have done OK but took a 'big' loss which I haven't recovered from with such small positions. Just working on my consistency before scaling up.
I think it is possible.
I also think it's a worthy pursuit because no matter how you make money you'll need to invest it in stuff. So the game never stops.
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>>62112938
Bump just did a 10% on ROLR
I'm hoping to get more biz discussion on this since smg is all focused on cpi numbers and medium term trading
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It demonstrably does not work
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>>62112938
Something like 1% of independent traders realize gains in excess of a minimum wage job, and doing this requires more than full time effort. Most independent traders barely break even or end up losing their investment and giving up. The only way to realize massive gains is to start with a massive amount of money, but that's kinda like using the solution to the problem to solve the problem.
If you're tired of the 9-5, you're probably actually tired of the economic system that forces you into a 9-5 in order to afford the necessities of life, so your time would be better spent changing that.
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>>62112938
I took a $993 payout this morning. its the hardest thing ive ever done. (and i have done the hardest shit) every bit worth it. vast majority of goyim are not wired for it. they literally cant do it. best decision i ever made was quitting my job to learn this shit. let the goyim deal in the real world. use take profit trader. the best payout policy if you actually become profitable. might not be for you anon. you have to have temperament. there is no secret. you learn through the journey, some it takes years, some months. the point is you figure it out, your style and risk tolerance. it shouldn't be overly stressful when you start executing. at the end of the day, once that initial grind of learning is over, its like any other job. rest of the day to look for your next pair of ferrogamo loafers, or get wasted at the bar of some stupid restaurant. i like walks inawoods personally
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>>62117228
Also quants/hedge funds often have crippling size (50m positions break most strategies)
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>>62112938
I joined a course 2 years ago (I'd mention which one but this board doesn't allow advertising) and made 125% my first year. However I was just making easy money from a simple strategy. The second year that strategy completely stopped working (something that tends to happen) and I had to go back to square 1 and learn how to actually trade and master a variety of strategies. At that point I realized to actually make it in trading it isn't enough to reach the top 10%. You need to reach the top 1%.

The single biggest tip I can give you is to think in terms of trends and use moving averages (5,10,20,50,200) on both the intraday and daily charts. Also swing trading is better than day trading.

There are profitable swing traders who will give away their strategies for free. Unlike day trading, swing trading strategies have been around 100 years and swing traders don't lose anything by sharing their strategies.

Day trading strategies tend to change every 6 months and many day traders are extremely stingy about their strategies.

It is 100% possible to beat the markets. Unlike popular opinion, most hedge funds/quant funds are limited in their ability to deploy strategies by strict rules, cripplingly size, or blatantly wrong beliefs. (Few quants would be willing to give up math for 2 years to learn swing trading). So there is serious leakage in the market that no one is pricing in except a few skilled individuals.
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>>62113226
>retard thinks being smart = making money
ask me how i know you're a teenager or still in college.
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>>62112938
if you've got like 10 years to pour into it then maybe
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>>62113226
>what makes you think you would me smart enough to earn money by playing against the smartest people on the planet?

Holy shit nigga, the fuck you think the stock market is? Do you think you have to fight people to make your groceries too?
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Lol idk why biz of all places takes the normie stance on trading and day trading.
There's no easy money anyway. Most people fail at everything.

>>62117239
Aren't all the prop trading scams? Why bother unless you really really need the leverage. I'd rather take 10k and go for 10% and even then brokers give you 4x leverage for day trading so you could do 25k x4 and target 1%

>>62117246
I'm finding news events on small stocks works well. It's not like the big tech stocks where news is reacted to instantly. It has to propagate through retail first so there's very little advantage to being first.
Sure you can't scale it to millions, but there's plenty of volume for normal big gains.
And the strategy can't just disappear and the patterns will always exist because they reflect reality they don't make reality.
All you gotta do is stop out fast from a failed breakout because taking a loss is the hardest part.
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>>62112938
Literally living like a monk and putting all your saving on SP500. There is no better strat.
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>>62112938
It works until it doesn't. I've gotten absolutely assblasted with the stock market price action of the past week. I'm still deeply profitable but it sucks to have 2 months of gains dissolve.
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>>62117801
I almost think day trading has easier risk management than swing trading. Swing trading just has a time advantage where inevitably it should go favorably.
>money from the impatient to the patient

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