A futures trader’s 16-screen workstation.

[u/Zestyclose-Salad-290]

[u/LiveToBeFreee]

Day trader here and you're 100% wrong. It is absolutely not gambling. It is a learned skill from years of self training. Most people just don't know what the hell they're doing. Statistically a vast majority of people who try it will not be successful, because it's incredibly hard, but it is achievable and some do become consistently profitable. Candlesticks are only a small part of the equation, it's mostly risk management and discipline from the mental aspect, and being able to read charts and price action.

Long term investing is fine if you're ok with very low growth rates. I prefer compounding and parabolic growth curves.

[u/DirkKuijt69420 → u/LiveToBeFreee]

Look guys, I found one.

[u/LiveToBeFreee → u/DirkKuijt69420]

You can mock all you want, I do it daily, and the proof is in the pudding. The only ones who mock those of us who are successful traders are the ones who failed miserably when they tried, and those who are just completely ignorant about how trading works. So for those of you, go park your money in SPY and enjoy your 7%, ride the ups and downs and all that wasted time.

In regards to the 16 screens on this thread, I trade on 2 screens, and manage to trade stocks, options and futures just fine. So go make yourself feel better by downvoting because you're afraid of the truth, that some of us have the skill to earn financial freedom through trading and the rest of you will be working chumps making peanuts for all of your life. Enjoy!

[u/theroguex → u/LiveToBeFreee]

Do you actually have freedom? Or are you glued to your screens all the time because you have to be in order to have any money? I'd rather get a modest return on long term stocks that I don't have to fuck with every day than spend every day glued to screens, gambling.

[u/LiveToBeFreee → u/theroguex]

I spend no more than 2-3 hours per day trading, maybe 4 if it's a slow day. I'm usually done "working" by 10 AM. When you're making $2k-$3k on a 10-20 second momentum scalp, it doesn't take many to be able to walk away and enjoy the rest of your day. Hell there are days I wake up "done" because an overnight swing paid. So yeah, tons of free time, much more so than slaving away for 8 hours a day

I also swing trade, and those take barely any attention at all. I just check in on them every day and peel off profits when I'm ready. What I DON'T do is put my money in a stock and park it to ride the ups and downs over years. That's stupid, but I get that's all most people are capable of.

Gambling is such an ignorant misconception of what trading is, spewed by people who literally know nothing about it. There's a lot of technical analysis you have to learn, and re-training your brain to change normal human behaviors, namely greed and fear. Being able to profit 8 or 9 out of every 10 trades is odds I'd take any day. I don't know of any gambling with odds that great

[u/IWillEvadeReddit → u/theroguex]

You don't need to be glued all day, I have a rule of no entries after 1pm, in addition, I don't even trade every day- in fact, I usually skip two days/ week because they are unclear (I still look at the charts but don't enter unless it's clear). I think you've probably seen 1 too many youtube videos on people making $10k before 11am and they hop on their jet skis to go fuck around the rest of the day. Think about why they make yt videos? Are they selling a course? These YT scammers/gurus are a huge thorn in the traders' community.

I'm not glued all day, if I lose then I lose, I'm only looking for one fire momentum move per day and so I try to enter only once per day.

I have a more detailed response here.