Is it truly possible to make a living trading stocks (day trading, swing trading, etc.)?
The QUESTION is —> even if you’ve consumed
all the relevant educational content out there, and are now a very advanced-level trader, are the odds still overwhelmingly against you profiting in the long run?
- A nobodyLv 71 month ago
Professional traders make their living trading. The odds are NOT overwhelming AGAINST them, in fact the odds are ALWAYS in their favor.
My traders (floor, in-house) were always successful. We had a retail operation which has some customers who traded for a living and were very successful.
Only those that don't understand the markets and/or the mechanics of trading questions the ability to understand how and why traders can and do have a very successful life trading.Source(s): from The Street
- zman492Lv 71 month ago
A lot of people make their living trading stocks, so it certainly is possible.
Market makers make a living trading stocks (and other securities).
People/companies that run pension funds and annuities have to make enough money trading stocks (and other securities) to be able to pay out more than was invested
As well having the appropriate education and discipline, you have to have sufficient money available to ride through the draw downs that will inevitably occur at times.
- 28AKOLv 51 month ago
If u a professional at it then yes
- Rick BLv 71 month ago
Unless you can predict the future, there is no way to consistently make a living trading stocks.
If you have a couple million dollars, you can probably pull out 3 to 4% a year and invest in such a way that you never run out of money, but even that is not guaranteed.