First of all, let me tell you the answer. Judging from the results, day trading has no future.
However, if your goal is to become a qualified trader, for most people, day trading is almost the only way to get started.
Why do we say that day traders have no future? It's very simple. We jokingly call this job "moving bricks". It requires a lot of energy and physical strength. Basically, you will gradually feel the pressure after you are 35 years old. Moreover, the premise for a day trader to make stable profits is to sacrifice the scale of management and excess returns. For example, if we do arbitrage, we can manage a scale of 2 million and have a stable annualized return of more than 20%, which is already a very good trader.
This income is basically the ceiling for non-genius traders. Unless you have the confidence to become a one in a million genius in a field where only a few people can qualify, it is not recommended to expect any additional income.
But then again, if we consider it from another perspective, trading is a skill, which is essentially no different from learning other techniques. If you don't practice a lot of deliberate practice, it will be difficult to learn how to deal with risks.
Many people tell you to do long-term trading, which is true. However, if the number of transactions in a year is less than 100 times, how long do you plan to spend learning and maturing?
If what you mean by promising is whether you can make a lot of money by day trading, I advise you to give up this idea.
But if you want to learn how to deal with risks and how to respond to market changes at a low cost through day trading, so as to trade in line with the market, then day trading is almost the only way that allows you to learn how to trade in just two or three years.
As for the learning path, it is strongly recommended to refer to the answer of the respondent @马俊. I also recommend that you go to a professional institution to study.
The reason is simple:
First, if you are engaged in intraday trading, you will definitely not be able to take care of other jobs during the opening hours, so the guarantee of minimum living income is a problem. And you can give up the idea of trading while working part-time. Learning trading is not like going to school where you can work and study. It is a kind of abstract logical thinking ability. The problems to be solved are some problems that have no standard answers. Therefore, you need a lot of time to empty yourself. You can use it to read books, think, and even watch videos on Zhihu. All of this requires you to have a free mind and time.
Second, you don't need to bear the loss of trading by yourself. Don't underestimate the loss of intraday trading, especially before you become a qualified trader. Even if you trade one or two lots of soybean meal, the normal risk control limit for a day is about 300 yuan. This fee is dispensable for an institution, but it is a deadly poison for independent traders who have no other source of income. It is very likely that when you are unlucky and lose money for more than a week in a row and you go to the hospital because of illness, the cash flow in your hands will be exhausted immediately, and you can only stop trading and do part-time jobs to save money to continue to maintain a difficult life.
Third, although the subsidies provided by trading institutions during the apprenticeship stage are generally not high, usually only enough to sustain your survival, in Jinan, the cost is between 1,200 and 1,500 yuan at most. But at least you have an income to prove that you are working properly. Otherwise, you stay at home all day, excited about profits today and frustrated about losses tomorrow. This kind of behavior, like online gambling, is difficult to gain recognition and support from your family. At such a difficult stage, if you lose the financial support of your family, I think it is difficult for a normal person to persist.
Fourth, and most importantly, it is an environment for communication and learning. When you are a novice in an environment surrounded by similar traders, it is a very happy thing. Everyone trades similar targets, uses similar strategies, and encounters similar problems. However, people's understanding of the market and ideas on risk management may be different. Therefore, there will be communication, debate, and deeper reflection and learning. Although not every communication can make you progress, the inspiration brought by such communication is the ladder for you to continue to move forward.
Finally, all I can say is that for most people, trading is a hell of a pit. I have seen countless people around me who are addicted to it and cannot extricate themselves and lose everything they have. If you don’t understand why you should enter the market to learn trading, I suggest you reconsider it.
But if you know what you are pursuing and have the time and capital to try to learn trading, I would like to congratulate you. Even if you find that you are not suitable for trading after two or three years, you will still gain a lot. When you start to think about problems from the perspective of risk, when you can learn to make choices instead of gambling on the results, even if you don’t do well, you have learned a very important lesson in life.
Follow the black cat, use precise strategy analysis, spend millions of dollars on AI big data selection, and make yourself invincible? The market never misses opportunities. The question is whether you can seize them. Only by following experienced people and the right people can we make more!
