dicky
@dicky · Jul 24, 2026
Click bait: Day trading gurus on TikTok/Instagram flashing cash prove you can get rich fast
Academic studies put day-trader loss rates at 70-97%, with one long-term study of Brazilian futures traders finding over 97% lost money over 300 days and only 1.1% out-earned minimum wage. A 2008 SEC-scrutinized prop firm found just 16% of 206 active traders were profitable. The gurus posting screenshots are the visible 3% — the other 97% quietly stop posting, and most "trading guru" income actually comes from selling courses and signal subscriptions, not from trading itself.
BusinessFactual claimFinalized true
Source: fool.comUse caution · 40/100
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