Can people make money trading or is it all a huge scam??
Really interested in your thoughs
Discussion
it can happen. you can get lucky, too.
if you know in what you’re investing and consider the evolving circumstances you can try to anticipate things.
Day trading
? Daytrading
Well, I think you will do more damage and create taxable events that cost you time.
Best thing is to hodl everything, and sell a little when you really NEED it (run out of other money and your are in profits).
I know, but do you think you can make money trading or not?
Buying now, hodling and selling in 20 years is also trading.
It’s all trading. No matter the time frame.
While I was trying ‘actively’ to trade (day trading m) I lost more than I earned.
And the industry of daytrading, its all a big scam?
Pretty much from a retail investors perspective. Yes.
You are always the last one to get the news, all insiders cashed already out by then. You don’t get access to the high prices, you are the last in line technically speaking.
Trading easily from your phone sitting on your couch all day won’t make you wealthy.
I find hard to believe that a billion or trillion industry (teachers, brokers, exchanges, gurus, indicators, trading bots…) its a scam
But it seems like it is a scam
But if it is a scam people or regulators would have stop it already, right?
the system is so perverted because of fiat money that it is all a big fugazi.
almost nobody wants ‘shares’ to have a vote within a company. almost everybody wants to sell those shares for a profit.
nothing makes rational sense anymore.
those papers got ‘monetized’.
but they shouldn’t be ‘money’.
idk if scam is the right word. regulators and the class of people that are aware of the inflation strategy are using it to their benefit. i bet they don’t know any better.
they were born into this.
Incredible takes, u should write more often
Day trading
I feel like even if I could make money doing it, I'd still hate it.
I think its more like a casino, people can make money but the vast majority lose, and it is rigged in casinos favor the same as the markets.
Yeah, i think the exactly same, you can make money but if you trade long enought you will lose too
Its not a clear scam but its close to it
The house usually wins in the long run.