A Harsh Rebuke of Day Trading... (yikes)

Published: March 11, 2024, 4 p.m.

I believe it\u2019s safe to say this person does not like day trading\u2026 at all! In a recent YouTube comment someone brought a flame thrower and, in their opinion, torched day trading as a money making income stream. He made several claims that I want to address as it kills a few birds with one stone. Discussing these claims helps not only dispel them as very weak, but also helps build a better context for aligning reality and expectations. I\u2019d hate to see someone avoid day trading because of these kinds of thoughts; however, there are minor pieces of truth to them, so I want to be sure that beginners have a firm grounding in reality. This person was quite harsh, so let\u2019s consider their critiques and think through them together!