Quote from: Sanitough on January 15, 2025, 01:08:16 PM

Quote from: Shishir99 on January 15, 2025, 01:00:45 PM

Day traders always make money regardless of the market movement.

Not true, not all day traders are making money. To be more specific, it’s the successful day traders who do, and honestly, I think only a small percentage of day traders are actually profitable. It’s kind of like gambling, if they can’t consistently hit a winning percentage, they’ll eventually lose in the long run as the trading fees act like the house edge, slowly eating away at their profits.

Loss is part of trading. I don't think I have to mention that. When I said day traders always make money, I meant they are always on the market regardless of the market situation. Some of them will gain, and some of them will lose, that is how trading works. No matter how experienced you are, you cannot make a consistent profit every day. You will have a bad day when you will lose. That is part of trading and we all know that. Given this reasons, I didn't feel an explanation is needed when I said day traders always make money regardless of the market movement. I hope that make some sense. If not, I am sorry for not being clear enough.