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There are prop firms[1] filled with traders regularly making money hand over fist. Many of those traders also make a killing on their personal account. So whil
by factsaresacred 7y ago
There are prop firms[1] filled with traders regularly making money hand over fist. Many of those traders also make a killing on their personal account.
So while certainly not easy, it's possible.
Trading suffers from some of the same problems of web development: few barriers to entry leading to an abundance of low-quality participants, and the mostly autodidactic nature of skill development.
Like 10x engineers, 10x traders exist. But getting there requires thousands of hours of deliberate practice, discipline and conscientiousness - traits typically not found among the get-rich-quick crowd who discovered trading after clicking a Youtube ad for forexbillionaredaytrader.scam
[1]https://en.wikipedia.org/wiki/Proprietary_trading https://en.wikipedia.org/wiki/Proprietary_trading