Day trading isn't a real career for 99% of people, so why do so many still fall for it?
u/Unhappy-Life8236 ·
Reddit — r/wallstreetbets
· August 08, 2026 at 18:01
· ⬆ 121 pts
· 💬 156 comments
| View on Reddit ↗
AI Summary
Summary
Post argues day trading is a losing proposition for ~90% of retail traders, citing SEBI data on Indian F&O and intraday markets.
Author questions why people still pursue trading despite poor odds, blaming social media gurus and “fake lifestyle” marketing.
Quality assessment: Noise / general commentary, not actionable DD. Cites real data but offers no specific market thesis or tradeable setup.
Score121
Comments156
Upvote %88%
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We often see on reels that trading is a great way to earn money; you just need a laptop and trading knowledge, but the actual data tells a completely different story.
SEBI's reports on Indian F&O and intraday markets showed that around 90% of retail traders are losing money. And the stats were clear: the more frequently people trade, the worse they perform.
So the question is, why are people still running towards becoming a trader? Is it just social media gurus selling a fake lifestyle, or are people genuinely convinced that they’ll be able to make it to the top 1%?
For anyone who’s been trading for a while, what's your opinion on this?