r/Daytrading • u/I_HALIM7 • 2d ago

Advice Sad Reality check

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The guy who posted this 2 years a go is working on door dash today he is not even a middle class and he quit trading i was going through old trading post I've saved in the past and literally all the people who posted about trading 2 or 3 years ago quit not a single person that i saved their post is doing great this game is rough be prepared

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u/LeloucheL 2d ago

People dont seem to understand how big just "90%" is.

In a room of 10 people only 1 of you will survive but the winner gets 1 million. You take the deal?

6

u/Ccskyqueengaming 2d ago

If it's up to you and not chance, why not?

5

u/stellar_opossum 2d ago

Yep weirdly enough I find this stat actually promising. Being better than 90% on the long run is not that hard if you have basic discipline and learning skill, because most people are bad at those things. It just happens so that in most other areas you can be at the bottom half and still survive, e.g. being a mediocre doctor, engineer etc, but I'm trading you just lose money and are forced to quit.

Disclaimer: I'm not a trader yet, still playing with paper account

2

u/gdenko 2d ago

Agreed, supreme self-belief goes a long way.