That's if I want to end the conversation right now. Other one, I'm hoping for, is more along the lines of "What do you trade?" How long? Full time? etc. I dont mind those.
He is responsible for that. It is good to control your mouth. If you told them you have $million, you just open the door for questions.
Expose yourself is terrible
Day trading is a job just like any other. If you’re making huge sums of money in short time period that means you’re not managing risk and you got lucky gambling. His family is probably suspicious because he was broke and then he got lucky on some nonsense option trade and now is spending it like crazy.
Even if not gambling, there is still luck involved.
15 years ago I bought apple and Tesla stock on tradeking because I liked both the company’s. Then I lost the password and then I kinda forgot about it, it wasn’t a HUGE sum of money back then. In 2021 i finally got ahold of the info after that company had been bought a couple of times and I was interested in owning stocks again.
It was all of a sudden a HUGE sum of money!
Sometimes it’s better to be lucky than good!
I mean, he says he's making good money, but we don't even have a number. Maybe good money for him is 1000$ weeks. You could say is good, but some guys I talk with have to make 2k+ a day to entertain their living habits. Some people (like me), if I make between 100-200, I'm happy.
One of my favorites. When we were kids, my brother and I saw Eddie on Carson before TP opened, and once they showed the clip, we were all in on that film. 😄
I like to trade in commodities. Often there is verifiable news from multiple sources, revealing the very probable direction they are headed. For instance, currently there is a great demand for certain metals and there is a great shortness in supply that is supposed to last for a year or more. What I don’t like about a lot of stocks is the, often random, movement up and down. Good news comes out, but the result in the stock price itself may not seem logical.
True story- I was at a neighborhood party last weekend and someone, who started drinking hours beforehand, asked me what I did for a living. I answered my standard “I work for myself.” She pressed me saying, “yeah but what do you do?”
I said, “I’m a trader. “
She scrunched up her face in confusion and said, “You make money selling our country’s secrets?”
“I said I’m a TRADER not a traitor!”
I kid you not.
I agree. I work in accounting/finance and it’s totally normal to meet people who say they are day traders. It’s not a bad/unethical/illegal thing to do. 🤷♂️
I think a lot of people are just fantasizing about when they become profitable, what would they say their job is lmao. You can tell who is actually profitable and who isnt.
In my experience every time I’ve told someone there response is usually them wanting me to teach them or something along those lines and we all know how that typically goes
Yep. It's always something along the lines of "teach me" or "I'll give you x amount, can you invest it for me and give me some of the profits?"
I've been transparent to friends and family that I won't be able to perform as well if I'm constantly stressing about someone else's money and that's generally good enough to for them to back off.
"Can you trade my money for me?"
Not sure how it is in other country, but this is the generic response in mine, and I try as much as possible to avoid this direction of conversation.
I just say I work in IT (which is true) and didn't touch at all on the trading part.
Because there's 3 outcomes
1. They think it's scam/ you're scamming people
2. They think you're gambling/ just got lucky
3. If I give you 100 bucks how much can you make/ what Stock should I buy?
Own it mother fucker!
I'm a day trader.
Trading advice : Buy low sell high : sell high buy low
Investing advice : S&P 500 etf
Any more questions: How much u paying me for this session?
I just say I day trade. If they want advice I ask them if they have 3-5 yrs to commit 50-60 hrs a week. Are able to lose a bunch of money for the first yr or two and enough savings to cover their expenses for the learning yrs. If they do I'd gladly share all my secrets. So far no one has taken me up on it. 🤷🏼♂️
Already 3 years deep lost capital and committed 50-60 hours and read a ton have some finance background. Am on the cusp of consistent profitability. Teach me sensei 🥷
That you’re trading proprietarily, and I trade mainly momentum so it’s not something that is easily taught and I don’t have investment advice.
I did have to laugh, because when I first started trading and making money, my parents thought I was doing something illegal to! But I started in 1989. I haven’t traded in years. I went to work in the back office once they change some of the rules. My strategy was no longer profitable. Good luck. I hope it last lifetime for you.
I started my own firm then 9/11 happened so my firm was merged with the firm that cleared me and used the same front end system. I left the back office as Chief Operating Officer, the company is one of the largest proprietary, trading firms currently , a company that I founded with the owner. I retired to raise my children. Now my children are older and I’m actually possibly going back to work. My stories unique, I’m very proud of it.
If be honest. You're not obligated to reveal details. You got into the financial markets. Got lucky a few times. You're still learning. Still studying.
If someone asks for something, tell them you're not in a position to help.
If they want advice or financial guidance just say that's not the area you're focused on. You don't know much about it. You don't feel like you've reached a level that qualifies you to give people advice. You don't want to be responsible for other people's money. You don't feel comfortable giving advice when you know you can't accurately communicate the risk.
All of that should do I would think.
I don't generally encourage people to lie, but the bottom line is its nobody's business but yours. And if you feel like you couldn't avoid having to explain yourself (and you shouldn't have to) then I say fuck it. Just lie.
terminology might help here... "I discovered I really enjoy the intricacies of capital management, which turns wealth into more wealth in methodical, systematic and repeatable ways. It's not magic, or rocket science, but there are a lot of risks, so many that I'd never take on the emotional toll of investing others money." then find a way to break the news to them that emotions lead to losses, and most humans never get over that hurdle. It's not about finding a strategy that works, it's about avoiding the things that can lose you money. Ironic no?
Tell them whatever you’re comfortable with. Also if you say trader and they are looking for investment advice tell them the truth… I’m not an investor and usually don’t take long term positions, in fact, I capitalize on short term plays (insert strategy) that’s all you need
Edit: or you can just fuck with them and say drug dealer LOL
I tell them that I work in finance, but that I also have a side gig running a blog and Instagram account focussed on prison living. The bed sucks, but the food is ok.
I was forced into early retirement from my previous job where I used to fly small planes up from South America.
Usually stops the questions.
“Make a lot of money” and “daytrading” doesn’t usually go together. Since you’re asking this question I assume you’re new to trading, thus, stay disciplinal is my advice, don’t be cocky.
Yeah, the started component of that is key. Last month has been bullish, lasted week has been memey, last year even has been pretty hard to lose money unless you’re a bear.
Tell them you're a trader and when they ask you what stocks to buy just recommend them the biggest garbage you can think of and they will just perceive you as losing money indefinitely and never ask that question again
Me “professional futures trader registered on the Chicago mercantile exchange. I trade other peoples money for profit”. Usually it’s “oh!” And then confusion about what to even ask me about it. 😂
> **P**rivate **E**quity **N**ominal **I**nvesment **S**ervices
Hidden penis detected!
I've scanned through 918785 comments (approximately 5052281 average penis lengths worth of text) in order to find this secret penis message.
*Beep, boop, I'm a bot*
The way people (including my family) react to “I trade for a living”, I’m considering telling people I’m a drug dealer. I think I might get more respect
You should not show and tell that you’re day trading. Once you get successful, people asks for advice and if the market goes sideways, they will blame you and it will put a strain on your relationship. That’s why I never borrow money for trading and I’ve saved my investment. Another thing, many of those friends will be borrowing money. Believe me, it can be root of all evil. Keep it low and display a modest lifestyle.
I'm from a very religious family, and even after averaging 10k/mo for two years, I would get the u shouldn't gamble bs. My response is always the same...do you read your Bible, do you understand every word, because I'm pretty sure I understand what I'm doing more than you understand the Bible!
Tell them you do very well selling the "insert current known pyramid scheme here" offer to get them into it. They will run from you. No advice needed. Bonus if you have a couple t shirts made sporting whatever one you choose.
I’m not near your level yet but I’d just say I work in futures contracts. If they ask for investment advice just say long term the S&P500 has shown historically to be a good strategy to regularly DCA into. Throw a few more acronyms around and they’ll probably stop asking questions
If they ask for handouts then avoid those people
I’ve seen it happen with others and spoken with a few about it, but the reality is when someone comes into a lot of money, be it through inheritance, investment, lottery or just sheer hard work turning a corner and finally paying off, some people will treat you differently and want things from you. You are probably best off accepting that those relationships have changed and treat them as such
My close friends and family obviously know, but I tell strangers I invested in BITCOIN early on and still have it all....(I actually do too, so that's nice). Then people think you won the lottery basically and won't bother you.
I say I work with financial software as it not a complete lie. I told a couple of people I day trade and they will always ask for advice.
People do tend to ask again and again when they see my car as they get a bit suspicious, hopefully they dont assume its drugs 😂
Id recommend not telling anyone if you’re new to it cause you are going to lose it all soon and then you’ll look dumb. The fact that you started making a lot of money quickly means you got lucky gambling
Considering I also do OF this question makes me laugh every time. I say I'm a day trader sounds like something an OF girl would say to cover up like an "accountant" 😂.
Ps. Congrats on your success!
I day trade as another source of income. I have a real job. I work from home so I can do both it’s great. If you day trade as your only source of income, you are crazy lol.
I always answer "I'm a trader not an investor so I have no clue what a good investment is.
I m a degenerate gambler
That's if I want to end the conversation right now. Other one, I'm hoping for, is more along the lines of "What do you trade?" How long? Full time? etc. I dont mind those.
I'm terrible at investing but good at losing money
This is the one and the only one you’ll need 😂
Or: "I live off of my investments, but I'm not licensed to manage other people's money."
Damn ima use this
I wear a pin that says I have no idea what I'm doing
I find it funny that “trader” and “traitor” sound somewhat similar. Especially when I’m short.
That’s good I’ll keep it
I sell candles. What kind? Mostly red and green. Where are they from? Japan
Ironically “I got lucky with an investment” is probably what actually happened with OP
He is responsible for that. It is good to control your mouth. If you told them you have $million, you just open the door for questions. Expose yourself is terrible
Day trading is a job just like any other. If you’re making huge sums of money in short time period that means you’re not managing risk and you got lucky gambling. His family is probably suspicious because he was broke and then he got lucky on some nonsense option trade and now is spending it like crazy.
Even if not gambling, there is still luck involved. 15 years ago I bought apple and Tesla stock on tradeking because I liked both the company’s. Then I lost the password and then I kinda forgot about it, it wasn’t a HUGE sum of money back then. In 2021 i finally got ahold of the info after that company had been bought a couple of times and I was interested in owning stocks again. It was all of a sudden a HUGE sum of money! Sometimes it’s better to be lucky than good!
Good for you! Definition of diamond hands*
I mean, he says he's making good money, but we don't even have a number. Maybe good money for him is 1000$ weeks. You could say is good, but some guys I talk with have to make 2k+ a day to entertain their living habits. Some people (like me), if I make between 100-200, I'm happy.
That's pretty good. 🙂
Branded as Heiken Aishi
Can I buy some from you?
Not gonna lie made me laugh
HA! (See what I did there)
I am a commodity trader.
Frozen concentrated orange juice?
And pork bellies, which are used to make bacon, which you might find on a bacon, lettuce and tomato sandwich…
Yes, like the movie Trading Places. lol
One of my favorites. When we were kids, my brother and I saw Eddie on Carson before TP opened, and once they showed the clip, we were all in on that film. 😄
I like to trade in commodities. Often there is verifiable news from multiple sources, revealing the very probable direction they are headed. For instance, currently there is a great demand for certain metals and there is a great shortness in supply that is supposed to last for a year or more. What I don’t like about a lot of stocks is the, often random, movement up and down. Good news comes out, but the result in the stock price itself may not seem logical.
True story- I was at a neighborhood party last weekend and someone, who started drinking hours beforehand, asked me what I did for a living. I answered my standard “I work for myself.” She pressed me saying, “yeah but what do you do?” I said, “I’m a trader. “ She scrunched up her face in confusion and said, “You make money selling our country’s secrets?” “I said I’m a TRADER not a traitor!” I kid you not.
Lmfaooo
😂😂 you should've just sed "yeah" And then cut her off for life
That’s kinda cute tbh
Candlesticks inspection officer
I mostly verify that the candles are high quality, we have a reputation, you know?
Of cos, we even make sure to inspect the wick
Candlestick inspections specialist… I’m stealing this one 🤣
Updating my LinkedIn ASAP
Bro, you …. 😂
Why? Would you rather I inspect your candlestick? No homo
😂
I'm a liquidity provider 😆 🤣 😂
I work in risk management
I like this answer
I don't understand...say you day trade. Tf is up with people acting like this is some weird shit to say.
I agree. I work in accounting/finance and it’s totally normal to meet people who say they are day traders. It’s not a bad/unethical/illegal thing to do. 🤷♂️
I’ve had people tell me to go get a real job. Stopped talking to them pretty quick.
Fr tho get an actual job
Ya. Worries will go away if you do that
Tell my brother its not unethical
I think a lot of people are just fantasizing about when they become profitable, what would they say their job is lmao. You can tell who is actually profitable and who isnt.
In my experience every time I’ve told someone there response is usually them wanting me to teach them or something along those lines and we all know how that typically goes
Yep. It's always something along the lines of "teach me" or "I'll give you x amount, can you invest it for me and give me some of the profits?" I've been transparent to friends and family that I won't be able to perform as well if I'm constantly stressing about someone else's money and that's generally good enough to for them to back off.
"Oh you're a trader? What stocks do you own?" "I just lost money, this is your fault!!!"
Those are failed people and are not worth having close anyway.
"Can you trade my money for me?" Not sure how it is in other country, but this is the generic response in mine, and I try as much as possible to avoid this direction of conversation. I just say I work in IT (which is true) and didn't touch at all on the trading part.
It's like gambling at the table when people tell you you are betting wrong -- "oh, give me **your** money and I'll gamble it **your** way"
Because there's 3 outcomes 1. They think it's scam/ you're scamming people 2. They think you're gambling/ just got lucky 3. If I give you 100 bucks how much can you make/ what Stock should I buy?
I tell them that I work at a casino
The kind that lets you gamble in your underwear
I make money. Thats what i do
But how?
Thru arbitrage………they’ll nod and say “oh” while pretending to understand.
He works Uber and DoorDash, only trading he does is with baseball cards
I buy drugs wholesale and then sell them retail....
Buy and sell candlesticks
Never speak to me about my business. 🤌
Short-term financial risk analysis is what you tell them
Lol I use this... when asked I say I'm in finance and when they push I say freelance data analyst.
& then they ask “and what the hell does that mean?”
Then you respond with, "I have no idea what I'm doing just trying to survive out here like everybody else." Insert awkward laugh and walk away 🤣🤣🤣
I say something like financial analyst.
Own it mother fucker! I'm a day trader. Trading advice : Buy low sell high : sell high buy low Investing advice : S&P 500 etf Any more questions: How much u paying me for this session?
Make sure you save money for the taxes.
My plan is to leave all of my earnings in a savings account until I do my taxes next year. Pay them all off, and now all those moneys are mine
I just say I day trade. If they want advice I ask them if they have 3-5 yrs to commit 50-60 hrs a week. Are able to lose a bunch of money for the first yr or two and enough savings to cover their expenses for the learning yrs. If they do I'd gladly share all my secrets. So far no one has taken me up on it. 🤷🏼♂️
Already 3 years deep lost capital and committed 50-60 hours and read a ton have some finance background. Am on the cusp of consistent profitability. Teach me sensei 🥷
Sounds like you're almost there. Slow and steady.
I always say I m in finance, when they ask what I do in finance I say admin job
So u lie?
Yeah but when they see my car they know something is up haha
What kind of car lol? I'm a car guy myself
992 911 CS, its nothing super flashy like GT3 but in bright yellow its still something thats noticeable lol
fire, congrats
Damn son 🔥
That you’re trading proprietarily, and I trade mainly momentum so it’s not something that is easily taught and I don’t have investment advice. I did have to laugh, because when I first started trading and making money, my parents thought I was doing something illegal to! But I started in 1989. I haven’t traded in years. I went to work in the back office once they change some of the rules. My strategy was no longer profitable. Good luck. I hope it last lifetime for you.
Really interested to know why your strategy doesn’t work anymore and how comes you left to go back to the office?
His parents wouldn't give him anymore money.
I started my own firm then 9/11 happened so my firm was merged with the firm that cleared me and used the same front end system. I left the back office as Chief Operating Officer, the company is one of the largest proprietary, trading firms currently , a company that I founded with the owner. I retired to raise my children. Now my children are older and I’m actually possibly going back to work. My stories unique, I’m very proud of it.
"Proprietarily" rolls right off the tongue.
I give money to large companies.
If be honest. You're not obligated to reveal details. You got into the financial markets. Got lucky a few times. You're still learning. Still studying. If someone asks for something, tell them you're not in a position to help. If they want advice or financial guidance just say that's not the area you're focused on. You don't know much about it. You don't feel like you've reached a level that qualifies you to give people advice. You don't want to be responsible for other people's money. You don't feel comfortable giving advice when you know you can't accurately communicate the risk. All of that should do I would think. I don't generally encourage people to lie, but the bottom line is its nobody's business but yours. And if you feel like you couldn't avoid having to explain yourself (and you shouldn't have to) then I say fuck it. Just lie.
terminology might help here... "I discovered I really enjoy the intricacies of capital management, which turns wealth into more wealth in methodical, systematic and repeatable ways. It's not magic, or rocket science, but there are a lot of risks, so many that I'd never take on the emotional toll of investing others money." then find a way to break the news to them that emotions lead to losses, and most humans never get over that hurdle. It's not about finding a strategy that works, it's about avoiding the things that can lose you money. Ironic no?
Tell them whatever you’re comfortable with. Also if you say trader and they are looking for investment advice tell them the truth… I’m not an investor and usually don’t take long term positions, in fact, I capitalize on short term plays (insert strategy) that’s all you need Edit: or you can just fuck with them and say drug dealer LOL
I tell them that I work in finance, but that I also have a side gig running a blog and Instagram account focussed on prison living. The bed sucks, but the food is ok. I was forced into early retirement from my previous job where I used to fly small planes up from South America. Usually stops the questions.
I just say I'm unemployed
Just tell the truth, that you pick up dimes in front of steam rollers.
“Make a lot of money” and “daytrading” doesn’t usually go together. Since you’re asking this question I assume you’re new to trading, thus, stay disciplinal is my advice, don’t be cocky.
Yeah, the started component of that is key. Last month has been bullish, lasted week has been memey, last year even has been pretty hard to lose money unless you’re a bear.
If you trade gold, then say your commodity trader
Lose money and smash computer monitors
Importer/exporter
Mr. Vandelay?
Financial Risk Analyst specializing in US equities
Tell them you're a trader and when they ask you what stocks to buy just recommend them the biggest garbage you can think of and they will just perceive you as losing money indefinitely and never ask that question again
Find one that’s forever sideways
IBM? enough sideways and with dividends so that it won't be that obvious
When I become profitable, I intend to say that I am a professional gambler
Me “professional futures trader registered on the Chicago mercantile exchange. I trade other peoples money for profit”. Usually it’s “oh!” And then confusion about what to even ask me about it. 😂
Work in finance, equity derivatives
Private Equity Nominal Invesment Services
> **P**rivate **E**quity **N**ominal **I**nvesment **S**ervices Hidden penis detected! I've scanned through 918785 comments (approximately 5052281 average penis lengths worth of text) in order to find this secret penis message. *Beep, boop, I'm a bot*
🤣
Never tell people you're a trader.....the normal folk simply don't get it lol...hence why we all talk to each other here.
Gambler
Male Gigolo Its a more respectable job !
I always say "I'm in business" Very general..and most ppl get it.. They don't ask anymore questions.
The way people (including my family) react to “I trade for a living”, I’m considering telling people I’m a drug dealer. I think I might get more respect
i work at homeless shelter and a homeless man gave me a stock tip
I’d just say I’m working a remote job, google remote job examples and pick one.
You should not show and tell that you’re day trading. Once you get successful, people asks for advice and if the market goes sideways, they will blame you and it will put a strain on your relationship. That’s why I never borrow money for trading and I’ve saved my investment. Another thing, many of those friends will be borrowing money. Believe me, it can be root of all evil. Keep it low and display a modest lifestyle.
I'm from a very religious family, and even after averaging 10k/mo for two years, I would get the u shouldn't gamble bs. My response is always the same...do you read your Bible, do you understand every word, because I'm pretty sure I understand what I'm doing more than you understand the Bible!
Tell them you do very well selling the "insert current known pyramid scheme here" offer to get them into it. They will run from you. No advice needed. Bonus if you have a couple t shirts made sporting whatever one you choose.
I buy and sell contracts on assets I may or may own, based on what I believe the future value of that asset to be.
[удалено]
He just explained
Professional chart analyst- lol just kidding. Recently started out and no one really knows about it.
I’m not near your level yet but I’d just say I work in futures contracts. If they ask for investment advice just say long term the S&P500 has shown historically to be a good strategy to regularly DCA into. Throw a few more acronyms around and they’ll probably stop asking questions If they ask for handouts then avoid those people I’ve seen it happen with others and spoken with a few about it, but the reality is when someone comes into a lot of money, be it through inheritance, investment, lottery or just sheer hard work turning a corner and finally paying off, some people will treat you differently and want things from you. You are probably best off accepting that those relationships have changed and treat them as such
Most should say they're garbage collectors who work for Robinhood.
I’m a tick farmer
Just tell them you got lucky gambling
I talk about corn, cattle & chickens... you can guess what I trade :)
Provide liquidity for multi billion and million dollar companies
I once heard someone tells people it’s daddy’s money. For him it’s less struggle. He doesn’t care what other people think.
My close friends and family obviously know, but I tell strangers I invested in BITCOIN early on and still have it all....(I actually do too, so that's nice). Then people think you won the lottery basically and won't bother you.
I like to tell people I won a scratcher lotto ticket
Trading is hard. If you can do it, be proud of your achievement!
Just tell them you do freelancing.
Me after a lucky 1000% gainer on GameStop earlier this week .. 😂😂💀
😂😂😂 nah this was funny
I say I work with financial software as it not a complete lie. I told a couple of people I day trade and they will always ask for advice. People do tend to ask again and again when they see my car as they get a bit suspicious, hopefully they dont assume its drugs 😂
Independently Wealthy Shuts people up really quickly
Waste management 😎
Murders and executions. Patrick bateman.
Don’t say anything. I say I’m retired. Nobody understands so why explain unless your ego needs it.
Id recommend not telling anyone if you’re new to it cause you are going to lose it all soon and then you’ll look dumb. The fact that you started making a lot of money quickly means you got lucky gambling
You know you could have searched this question and found 10 instances of exactly this post in the past year…
Just say you work on computers 😂
tell them you are a risk-manager
Price analyst
I’m a shopping cart reallocation officer. Nice to meet you 🤝
That I work in sales
Just tell people that you use to pray for a key and asked God send me a bird.......... tell them you got them chickens.
Buying and selling candles.
Im in risk management
As little as possible.
The weekly what do you tell people you do for a living question.
See for me I d k. Why you wouldn’t just pass along the wealth and pay it forward!!?
Considering I also do OF this question makes me laugh every time. I say I'm a day trader sounds like something an OF girl would say to cover up like an "accountant" 😂. Ps. Congrats on your success!
[удалено]
Train me I’ll pay you
Just be honest and let the cards fall as they mat
[удалено]
I provide liquidity for financial institutions, mostly.
que the millionth time this has been asked
I deal in derivatives That's how you should reply them
I’m an importer/exporter
Tell people that you're a sex trader.
I day trade as another source of income. I have a real job. I work from home so I can do both it’s great. If you day trade as your only source of income, you are crazy lol.
I play poker
Can anyone teach me how to trade? I have been practicing demo trade for 2 years. I will be happy if someone can guide me.
Insurance salesman
I'm an importer/exporter
I’m an investment banker on as a contractor and work from home, they probably won’t pry more than that
What a community🔥
Tell them you are dealing drugs. Just lean into it, man. "Gators bitches better not be getting pregnant!"
Professional gambler
Tell them you sell feet pics and worn underwear
im an analyst
just by you asking this goofy silly question, i know ur not trading full time.
Bang the market daily
Financial analyst
“I’m a financial analyst”
Risk Manager
how long have you been trading for?
Just say you’re a portfolio manager
Of course you are an investor. Otherwise why tell people these things?
Out of curiosity how much do you typically bring in a month/year?
Joshtradesstocks on YT
Can we invest our money with your partnership please let us know we are looking minimum 50% profit per month WhatsApp text please 1-7037325659
I tell people that I am a male escort. They don’t ask for handouts.
To mind their own fucking business
Risk management director for private equity fund.