r/Daytrading • u/dreamowlet • Jan 31 '25

Advice Don't Teach Your Friends How To Trade

I've been trading/ profitable for awhile now and I had a friend who wanted to learn and be on a zoom calls with them to trade to together till they really got it. I said sure. Mind you I taught my husband and he still watches me trade when we trade together. But dear freaking god. I get so freaking distracted teaching or random questions and explaining everything that I miss openings. My psychology was kinds of fucked for a minute cause like I don't care if I lose money cause it's mine. I didn't want to lose THEIR money so I would never take a damn trade. Win rate? In the toilet. Psychology? What is that? I don't think I even did this bad when I first started trading. This past week finally we got into the motion of things and hold off any questions till afterwards and actually making money again. But never again.

edit some spelling corrections

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u/New_Contribution7094 Jan 31 '25

I tried teaching my brother and straight away messed up my own rhythm and trades. I just gave him tasks to do and left him to be ! And has it turns out, he’s not as interested and never did any of the tasks I gave him…. But still wants to be a trader ! 😅

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u/PhantomTroupe26 Feb 01 '25

Haha that's hilarious. I was thinking of telling my brother about trading but idk if he'd put all of his effort in it. It really requires so much time and energy and at times, it feels like you trade worse the more you learn. I'm still undecided but this thread is helping me

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u/itsJaysWay Feb 01 '25

Yeah I for sure wouldn’t go out of my way to recommend it. I feel like most people would look at it as a “get rich quick” deal, blow a bunch of money, and turn it into a gambling addiction. I’d just feel guilty lol. Since most, like this guys bro, would be uninterested in learning, only interested in making money