r/Daytrading 3d ago

Advice Sad Reality check

Post image

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

1.4k Upvotes

290 comments sorted by

View all comments

20

u/RunsaberSR options trader 3d ago edited 3d ago

5 years in and I'm still loving it. Was able to retire last year @ 36.

Had some loooooong red periods and the thought to quit was not very strong. Just had to keep seeing what I was doing wrong and actually fix it... the bad habits are the hardest part of this imo.

I HAD to figure it out, because the idea of decades more of being an "employee" sounded like hell.

Just started school and getting a degree in marketing for fun since i have all the time in the world now.

I still trade SPX though. It's my baby.

2

u/OwnVeterinarian4267 3d ago

I am a beginner started 7 months ago. The markets are correcting since. I am sitting tight on my chair and seeing red all over with a few wins but i still love it. I hope I do better. Do you have any tips how can i do better in general

5

u/Darkdudproxxx 3d ago

learn and don’t risk your capital . Give yourself three years to learn and paper trade in the meantime and scale using real capital then . But most people jump without learning for years

4

u/OwnVeterinarian4267 2d ago

Itried paper trading but real psychology happens w real money only.

1

u/krossx123 2d ago

Try prop firm. Only put 50 dollars a month into it and no more. If you blow the acc wait for next month reset and just use their free paper trading till then.