69
submitted 6 days ago* (last edited 6 days ago) by [email protected] to c/[email protected]

I daytrade for income while looking for stable work. I joined a trading Discord group recently and today found most of the regulars are BIG MAGA fans.

Of course they think they're right about everything and everyone else is wrong. No examination of why other people may think like them.

Little do they know a spectre is haunting their Discord lenin-laugh

These people might be in a different class than me 🤔

Someone has Trump derangement syndrome...

Having empathy for other people, and a lifetime of experience to build that empathy, doesn't matter to chuds. Only "muh egg prices"

you are viewing a single comment's thread
view the rest of the comments
[-] [email protected] 21 points 5 days ago

Is daytrading a viable side hustle? I was always told it was essentially gambling.

[-] [email protected] 17 points 5 days ago

it is. and the people who do it are like those guys who hang out at the track or OTB joints and claim to "have a system".

[-] [email protected] 5 points 5 days ago

you can do just as well investing in ETFs and never looking at your portfolio. Day trading for money you need right now is probably doable if you have some money to start with. But even then your gains are small, and i imagine many times the stocks are bought and sold so fast that the taxes are higher on them.

[-] [email protected] 4 points 5 days ago

Everything in life is gambling.

Yes, people make real money daytrading. Most traders fail but there is a small number that succeed. The biggest lesson I learned recently is to manage risk properly and use correct position sizing. Make sure no one trade can wipe out your account!

this post was submitted on 28 May 2025
69 points (98.6% liked)

Slop.

511 readers
288 users here now

For posting all the anonymous reactionary bullshit that you can't post anywhere else.

Rule 1: All posts must include links to the subject matter, and no identifying information should be redacted.

Rule 2: If your source is a reactionary website, please use archive.is instead of linking directly.

Rule 3: No sectarianism.

Rule 4: TERF/SWERFs Not Welcome

Rule 5: No bigotry of any kind, including ironic bigotry.

Rule 6: Do not post fellow hexbears.

Rule 7: Do not individually target other instances' admins or moderators.

Rule 8: Do not post public figures, these should be posted to c/gossip

founded 6 months ago
MODERATORS