• Matt DeLong

If only 2 out 10 day traders make money, why is it still popular?

The allure of clicking a few buttons and making $5k/day is very tempting — but only for the naive.


You are more likely to be broke after a year or two than consistently generating gains. Even if you are fortunate enough to learn it, understand risk management and make consistent gains, IRS is waiting for their 35–55% in taxes. It’s tough!