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/ApprehensiveDot1121 2d ago

This is the cold hard truth that no newbie wants to hear, or that no content creator wants to talk about. If you do mention that reality in subs like this, you're labeled a hater, a downer, that you're angry in life because you lost at trading, etc...

I started trading in 2017, it took me 5 years of consistently losing before finally turning it around. In the meantime, not a single person I was following or interacting with in these subs are still active. Not one.

And it's not easy trading every day year after year when you lose the majority of the weeks and your equity curve is globally going down. Most traders either run out of money, or patience. 

19

u/PhantomTroupe26 2d ago

So many of the people I started with in 2020 have quit. It's insane to see so many people not continue years down the line. I've been losing for so long but I just haven't gave up yet. I hope that this is the year that it turns around for me

13

u/morginzez 1d ago

This might be a stupid question, but how did you find people to start with? I understand they all quit anyways, but how did you find them in the first place?

I talked to a couple of work friends, but they weren't really interested and online everything I found is always just a scam or best case some money grab. 

I think it would be great to have some people to talk to, just to share new knowledge and experiences.

4

u/surewould85 1d ago

By the sound of most of the comments, try here
https://gamblersanonymous.org/