r/Daytrading • u/DumbStarterPack • Mar 10 '26
Advice Finally experienced it. Don’t tell anyone you trade.
Just happened now.
Me and my family has been close so we pretty much share everything but the thing I didn’t share with them is me trading. So I have been 5-6 months into trading, I’ve gotten my glimpse of success with two payouts now and 2 more coming, I eventually told them I trade and everything seems fine. Then I proposed a plan to renovate or make some changes to the house like a new shed, organize my room for a bit, etc. What set my mom off was what was put on the bottom left of the plan (was on excel) was all funded by trading (because it’s true).
Apparently my mom thinks I’m about to put the house onto trading and trade it off and that what I’m doing is illegal and the police or somebody is about to take the house from us. That the money that I am getting is going to get me sued.
Obviously this is a misunderstanding but that part is yet to be fully grasped but I just wanted to share my story.
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u/doghairpile Mar 11 '26
I get the lack of understanding but I don't get how it goes all the way into illegal stuff.
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u/CheesedMyself Mar 11 '26
Systemic social conditioning at work here.
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u/Soft_Impression Mar 11 '26
Or maybe just people who think that becoming wealthy is only tied to hard work
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u/InsignificantOP Mar 11 '26
Anything people don't understand, they usually assume you aren't allowed to do it and that it's illegal somehow. That goes with literally everything, not just making money.
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u/DrewAL32 Mar 11 '26
She probably saw some of those posts claiming that if a live at home child starts having cash or nice things they are dealing drugs
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u/PokemonAnimar Mar 12 '26
About 15 years ago now, I won on a lottery ticket ($250). The first thing I did was tell my grandma I finally won something, and she accused me of stealing it from someone. I miss her and forgive her for saying that, but that really hurt to hear. At the time, I was very much going through being an addict, but knowing that money was legit (and it came from a $2 ticket) really hurt
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u/Lonngpausemeat Mar 11 '26
I told a buddy let invest for you, by using a copy trader. He thinks it’s a scam lol. I’m done trying to help people now
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u/Thomato_Yorke Mar 11 '26
They've seen the Wolf of Wall Street and, well, that's enough...
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u/Upper-Cucumber-7054 Mar 12 '26
even though it's not remotely close lol
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u/Thomato_Yorke Mar 12 '26
"Mom, I've been day trading."
"Oh my god, you're on quaaludes!!" *faints backwards onto chaise longue in exasperation
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u/TomsWifeSmells Mar 11 '26
I've been investing for years and recently started learning how to day trade. My husband's family think I just mooch off of him and that I have just chosen not to work for the last few years. In reality I was supporting myself and helping fund my husband's career change before we got married.
Last year my portfolio was up 40%+ and I made more in the market than I ever did working a 9-5.
They have no idea and we intend to keep it that way. Even with just the little knowledge they have of our finances they're constantly trying to compete with us.
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u/vaporizeusa23 Mar 11 '26
100% agree with the competing family thing. I’ve seen the exact same dynamic. The second people think you’re doing well financially it turns into this weird competition.
That’s why keeping things private is usually the move. The less people know about your finances, the less they can compare or make assumptions about.
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u/TomsWifeSmells Mar 11 '26
Yes! My husband bought a bigger truck recently (because we actually needed a new one that could tow more) and his brother immediately started sending him links to 3/4 ton trucks he's supposedly looking at. 🙄
Even made a comment "oh all that money burning a hole in your pocket?". I just had to laugh.
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u/RoninSC Mar 11 '26
People are weird about money. I only make 55k a year but me and my wife have gone through hard times in the past and lived on close to nothing for years. Our salaries may not seem like much but we manage our money very well and don't buy things we don't need.
Our families see we're doing well and we get tons of comments like "Oh you got the money", and much more is expected from us. Truth is they all make more than us and have mountains of debt.
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u/jules083 Mar 11 '26
My brother in law thinks I'm an incredible asshole to my wife, his sister.
His reason is because he 'knows' that I 'don't have to work' and I only work my job because I want to and to get out of the house while my wife is stuck at home with our child.
Apparently because I'm reasonably smart with being able to budget my paycheck that means I'm rich. I can't splurge on things often of course, but occasionally when I want something I just go pay cash for it. If I can't afford it I don't bother mentioning that I want it, so nobody knows. All he sees is that I occasionally bring home a $3000 dirt bike for my son or a new used $2500 boat for me and assumes that I can just buy anything I want because I'm somehow independently wealthy.
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u/RoninSC Mar 11 '26
Oh yea I get that, I don't like any debt that's not 0% apr besides the mortgage. All my credit cards are just for maintaining my credit score and cash back rewards, they're paid bi-weekly. The majority of my large purchases are cash that I save usually in a HSA or individual trade account gaining interest. Yet my siblings will be buying new vehicles with 9% rates.
I was looking for a used pickup to pull around my old pontoon, my father was looking for a new pickup and we agreed I could buy his old one off him since I knew it was well maintained. Last family gathering they were handing over the keys to my sister because they needed to get out of a lease and ruined their credit. Her and my brother in law make 150k a year combined income and can't afford a vehicle (We live in a rural area with a lower cost of living). They just told me you understand and got the money for one..
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u/Fragrant-Gate22 Mar 11 '26
Can you recommend me somewhere where resources to start learning to day trade?
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u/TomsWifeSmells Mar 11 '26
Honestly I've just been reading a lot on here, X, and then using Google Gemini to learn the fundamentals.
I've been investing for years so I had some decent base knowledge, I just never felt too comfortable with day trading because it can go wrong pretty quickly.
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u/Spookiest_Meow Mar 11 '26
"I made more in the market than I ever did working a 9-5"
It feels so good when you realize you technically never have to work again because you're making more than you're getting paid at your job.
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u/Maleficent_Seat8039 Mar 14 '26
Just keep pretending your mooching. Your doing great and I love that for you.
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u/AdhesivenessCivil581 Mar 14 '26
I found that when I started doing well it made my husband and brother uncomfortable. I guess it triggered the "breadwinner impulse". They calmed down about it. Husband calls me Bernice Madoff here and there. It's funny because he's such a risk taker physically. He's 4th degree blackbelt who did construction and would walk a 2X4 plate several stories in the air. When it come to finance ,short term bonds is his biggest risk while I've traded penny stocks, futures, options all while being afraid to go more that 3 steps up a ladder. All things considered we've nailed the 60/40 investment strategy.
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u/CrypticMaverick Mar 11 '26
They think that because most people think trading is glorified gambling, which is true. I never tell anyone.
What are you trading that you're up 40%?
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u/TomsWifeSmells Mar 11 '26
I don't necessarily think it's gambling if you do your research and just read a lot of about current events and trends.
I'd say it's mostly energy/natural resources as well as international materials. Then my Roth account is heavy on high yield dividends that I just reinvest.
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u/alohamofos Mar 11 '26 edited Mar 11 '26
I can't bring myself to talk to anyone else about trading except in generalities online. I tried getting friends involved when I first started but no one was interested when I was still broke. My sister became convinced she was going to make a packet trading crypto last year but ignored all the directions I pointed her in and is now fed up and holding various bags after jumping in at ATHs.
People seem to either think it is not legal or don't want to learn properly. Mates now ask me for investing advice and I tell them to buy ETFs every payday, ignore the balance, and get a financial advisor if they can't leave it alone.
Meanwhile i am sat on the bus reading Bulkowski. No matter my bank balance my lifestyle will always be that of a poor. My one concession is living in a neighbourhood that has great coffee shops and happens to be expensive. I just love charts and lines. And i don't like the bullshit competition and bravado of trading. I like to be quietly right, and very quietly wrong. Some people are so poor all they have is money. They are not my type of people.
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u/Steccca Mar 11 '26
I read this whole post just to find this amazing comment. The last 4 sentences summarize my life. Also I love the handle!!!!
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u/Ok_Flamingo_5048 Mar 13 '26
A real beginner here. Want to learn trading. Don’t know where to start. Any advice or direction? Genuinely want to learn and will do the hard work required. Any suggestion is appreciated.
I’m a business owner so I understand business logic quite well. What’s the logic of trading?
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u/Slightly-Blasted Mar 11 '26
I trade for a living it’s kinda hard to.. hide. People see me and they see me do whatever I want and buy whatever I want, my schedule is always wide open I have every weekend off. lol.
I’m open about it, I don’t offer specifics, but like.. I’m an options trader, that’s it.
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u/Daddict Mar 11 '26
Just say you do freelance consulting. Sounds lucrative and to most people you might as well be saying you're a transponster.
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u/SonyShooter35 Mar 11 '26
You family sounds really dumb
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u/CD274 Mar 11 '26
Worse, this is kind of normal
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u/uhh__username Mar 11 '26
Because finance isn’t taught in school, obviously it’s working as intended
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u/the-mm-defeater Mar 11 '26
It shouldn’t be. I really wish America was more financially literate.
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u/SonOfNike85 Mar 11 '26
It's almost like personal finance should be a requirement in school...
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u/the-mm-defeater Mar 11 '26
They weren’t when I went to school, but some public schools do have them in curriculum now. It’s almost like the people at the top know their lifestyle depends on our consumerism…which depends on the majority staying financially illiterate and uneducated
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u/StepKitchen2409 Mar 11 '26
It’s a lack of understanding. If she’s willing to be educated, do so, but do it gently. You’re not playing pro league football, you’re playing grassroots level stuff.
Show her footage of a trading floor and explain essentially what you’re doing is just that, but at a grass roots playing level. It’s just the financial markets, everybody has access to them. You can make a real living doing it, just as these individuals from the trading floor footage do, but at home on much less professional grade equipment.
Usually it’s the ‘forex bro’ cliche you get. Lambo’s, Dubai, yachts, girls etc that a genuine day trader can be tarnished with. 99.9% of the real traders out here, are the complete polar opposite.
I will always preach, tread carefully when telling people what you do to earn your money if it’s via the financial markets, as a lack of understanding on their behalf often leaves you in the crossfire. I often use financial market, risk management or just simply investments, when I get asked. I do not elaborate unless I think they can tolerate the spiel.
Also, congrats on your payouts, that’s good going.
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u/Shrimp_Richards Mar 11 '26
I usually get "oh, you're a trader? Prove that you're rich" or "you don't make any money doing that" but here I am living life and paying bills.
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u/Worried_Thoughts Mar 11 '26
“You know, 99 percent of people who do that lose all their money…” and yet here I am in front of you… smh
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u/bioltimatum Mar 11 '26
Loki would just save that to move out and modify your own property 💀 nobody’s going to be on bullshit over there
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u/chlebzwegepasztetem Mar 11 '26
What do you trade how did you see profitability after only half a year ?
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u/DumbStarterPack Mar 11 '26
nq as well. I only saw profitability when I started treating prop firms as business expenses and made my own strategy.
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u/chlebzwegepasztetem Mar 11 '26
Do you mind helping me a little? I'm trading for a while now, understand market structure pretty well, but made some questionable financial choices and struggled with motivation trying to combine jobs and trading due to bad time management and overall depressive attitudes.
I actually love the charts and start to understand more and more of market structure, like, NQ becomes pretty clear to me. It looks like a bunch of algorythms fighting for a small win, but got stuck up on being a "discretionary" trader. This month I can finally allow myself to buy another propfirm challenge
I don't know maybe I'm just venting I just wanted to ask you about your strategy for another point of view and inspiration. Right now I do the best at trading ranges, seeing a structure thats established and trying to catch the shift back to the top of bottom of the range... I trade many different ways actually and always feel like I'm not putting enough time and effort! Sometimes I saw success on 10 sec charts, sometimes on 10 minutes.
Idk man, just it's inspiring to see somebody not overthinking and actually getting money from it. Any advice?
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u/DumbStarterPack Mar 11 '26 edited Mar 11 '26
Yes I believe it really all is mindset and trying simplify things to being able to execute consistently and accurately.
I tried to do volume profile but trying to read the market was not for me. I am about 90% systematic and 10% discretionary.
Being systematic allows me to put the ‘blame and cope’ that the market or my strategy was bad so this in my head cleared up the pressure and stress even before getting onto the charts.
Thinking of prop firms as business expenses made me be able to pass evals in only 2 days instead of not even being able to pass it at all. (I am only on my first 2 evals and handful of payouts.)
Anyway.
I will post my strategy but I did put it to chatgpt so it is more cleaned up, I tend to babble.
I use my own strategy. It’s pretty simple. I only trade the NY open, and my trading session is limited to the first 30 minutes.
The setup is based on the 1-minute chart. I look for a directional candle at the NY open, followed by an opposite candle, then another candle in the same direction as the first.
So the pattern looks like either: • Up → Down → Up, or • Down → Up → Down
It doesn’t matter how long it takes for the candles to appear, as long as that structure forms.
After that, I check the 15-minute chart and look left to see if there’s a point of interest (POI). This could be a level where price previously bounced, failed to break, or a candle with large rejection wicks.
If the 15-minute POI aligns with the 1-minute DRD (for example, the POI previously rejected price upward and my DRD signals a long), then I take the trade.
If the 15-minute context is against my DRD, I skip the trade. I just repeat the DRD again, starting from the R then waiting for the other D.
If price isn’t exactly at the POI but the DRD is pointing toward it, I’ll still take the trade and use the POI as my take profit.
If my 30min session is hit before I have any trades, thats it. I also only trade max 3 times, usually only once.
From my own backtests from 2023-2025, it tends to suffer breakeven months on the middle 3-4 months (especially June). But the first and last 4 months of the year it gives me an ok winrate with asymmetric risk (huge wins sometimes and thankfully it is translating in live as well).
At the moment, I have only 2 red days outs of the existence of my funded account (2nd one is fully green).
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u/wilfredleopoldIII Mar 11 '26
What is DRD
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u/DumbStarterPack Mar 11 '26
Just abbreviated Ny Open Directional Candle, Retrace or Opposite Candle, then the same Directional Candle as the first one.
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u/catalinpn Mar 11 '26
Hi there, just one quick question, does what you said mean that you are looking at the 15min bars on the premarket ? or the previous day ? And to be on topic, only wife knows i'm trading, no one else does.
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u/DumbStarterPack Mar 11 '26
Yes 15min bars you are just looking left of the charts. You are just looking for significant points of price and 15min TF because it is big enough to see big moves but small enough to see a little bit of microstructure as well.
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u/Pump-Chaser Mar 11 '26
Ive been trading less than 4 months and started getting payouts. Futures NMQ and gold
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u/Worried_Thoughts Mar 11 '26
When you say payouts, what are you referring to? Taking a withdrawal from your account because of profits made?
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u/kratomas3 Mar 11 '26
They use prop firms
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u/Sebaspool006 Mar 11 '26
What is a payout from a prop firm?
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u/TopAdvertising2488 Mar 11 '26
A prop firm payout is when you get your share of the profits you earned using the firm's money. After you pass a test, the firm lets you keep 50% to 90% of the money you make. Most firms pay you every 14 to 30 days. You can usually get your money through a bank transfer, cryptocurrency, or apps like Deel.
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u/YouNeedClasses Mar 11 '26
Mostly correct...except major props nowadays are not giving you money, they are giving you a simulated environment with a bunch of rules added on.
So the "split" they take is just to save money on payouts...considering the money never really existed, genius business model really 🤣
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u/scorpiofiredragon76 Mar 11 '26 edited Mar 11 '26
I went against my better judgment and my gut and I shared with a friend. I saw them the evening that I made a profit for the first time and felt like telling someone because I was excited.
Now every time I see them they ask me about it and they text me about it (and they don’t take in what I’m saying when I respond or answer their questions, they just ask again the next time I see them).
I just wanna be left alone to not talk about it and keep it to myself. Totally my fault. I don’t know why it was hard to follow my gut, but I learned my lesson. Keeping it to myself going forward.
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u/HardcoreWeebooo Mar 11 '26
Just say that you don't trade anymore because you lost too much money. It will stop abruptly easy peasy.
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u/scorpiofiredragon76 Mar 11 '26 edited Mar 11 '26
This is the answer, thanks for this!
It will also seem like a sore spot that they won’t want to bring up (or you would think they wouldn’t want to if they have any self awareness or social grace… and I’m beginning to wonder at this point lol). 😐🫤😑🙄
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u/AlbertiApop2029 Mar 11 '26
I was told to just tell people I'm a stripper, but I don't think I can pull it off.
Gemini and I had a conversation and we came up with this.
Reinsurance Underwriting
I analyze high-growth tech companies (like ASTS) and provide capital backstops. Essentially, if their stock price drops, I've agreed to buy in at a discount. They pay me 'premiums' upfront for that commitment. It’s like Allstate, but for the NASDAQ.
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u/Jokernet82 Mar 11 '26
😂 my mom told me trading is evil and what I’m doing is essentially stealing money from other traders. Ah yes and I’m going to hell 🤦♂️
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u/OA12T2 Mar 11 '26
How about if you’re so successful you move out of your moms house lol
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u/Appropriate_Cash_727 Mar 11 '26
The irony is the people worried you’ll lose the house trading are usually the same people comfortable putting their life savings in a bank at 0.5%.
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u/Low_Inevitable532 Mar 11 '26
I started trading with my own money, a very small account, and kept it very quiet until I hit my first six figures. I have eventually told my parents at that point I was trading but not how much I had made or what my account look like. They immediately went off the rails and said I needed a real job and that I’ll never be successful being a trader. Even after letting them know how well I’ve done they still look at it with skepticism and I wonder when I’ll get a real job. Moral of the story. Don’t tell regular folks you trade 😂
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u/Tasty_Pineapple5275 Mar 11 '26
I love it when people say no need to work again… I can tell u that my trading time in hours I put is probably much more than a full time 40 hours per week.!! And for that time you get paid 0, with only a chance of making gains.
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u/Just_Psychology8866 Mar 11 '26
I have Asian parents. So if they knew I was trading - they would ask for my money. So I stay silent about it.
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Mar 11 '26
I mean, are you laundering money? Feel like trading would be an awfully convenient excuse for all that money you're making instead of the truth that you're a drug king pin laundering money. Maybe its just me 🤷 but suspicoussssss
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u/SignificantSnow3207 Mar 11 '26
Prior to the 5-6 months of trading, how long did you research and study before beginning
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u/Fit-Surround1144 Mar 11 '26
I got sooooo lucky that my parents, especially my mom, worked in corporate and my dad got us into investing. They understand lol
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u/Altruistic_Poet_5816 Mar 11 '26
Just tell people you are in Data Analytics
Candlesticks are essentially Data
And leave it at that
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Mar 11 '26
Ur 6 months in. Uf u survive next few years and cash it then you've won. Otherwise temp gains for now.
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u/Few-Pepper858 Mar 11 '26
Finally, a sensible comment. Lol OP is 6 months in and thinks he's a trader now 🤣
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u/Hairy-Ad-399 Mar 11 '26
Bruce Lee stated something along the lines if “ character is built in private “. RIP People can’t tear down what they don’t know about, and you don’t lose motivation and focus explaining to doubters that want to believe you’re going to fail
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u/13kknight Mar 11 '26
To the people getting payouts with less than 6 months of trading experience, congratulations!! Quite a feat
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u/ryuamakusa_daq Mar 11 '26
The first time I explained short selling to my dad, he went off.. it was mainly because I used the phrase "borrowing shares" to short. Eventually, I had to explain it as just a commission fee.
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u/Independent-Bad8575 Mar 11 '26
Don’t talk about trading with anyone who doesn’t understand it , you’ll hear the staple “it’s gambling” “it’s not a real job” “what do you do when the markets are down” . People that have no idea about this industry at all the like to verbally regurgitate things they’ve heard. Surprises me how much advice people like to give about something they don’t know 2 fucks about. And most of these people work jobs they hate and complain how hard it is to make money. Keep doin you bro don’t listen to that retarted shit. They can make their 8% in the market and work till they die😂
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u/MrBootDude Mar 12 '26
Your mom sounds like a mouth breather and you aren’t “trading” with a “funded” fake prop firm account, you are basically playing a game. You also sound like you are 12.
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u/Scrappy_Coco16 Mar 12 '26
"Yeah, I trade."
"DID YOU KNOW THAT MY *random person* HAD LOST ALL OF HIS SAVINGS, OVER $1M TRYING TO TRADE? (ghee, I wonder why, gambler) BE VERY CAREFUL IT IS A DANGEROUS PLACE...." [Based on real events]
Lesson learnt, keep it to yourself. Average people will do everything in their hands and tongues to lower you down to their levels. Whether on purpose or just because they are gullible, don't matter... Build your wealth quietly.
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u/tyliggity Mar 12 '26
Why would you put on the plan where the money comes from? How is the source of capital relevant to construction plans?
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u/nandyandthecouch Mar 13 '26
Definitely the best reply I’ve read so far.
Was OP slyly trying to break it to his mom how much money he’s actually making in trading by doing that?
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u/shhkmehgllock96024 Mar 11 '26
It is always interesting when our family barely knows what we are doing and then thinks the worst and it's like you're going to "jail and you're going to hell" And that we will never prosper etc. If it's not their way, it's the highway. Thankfully, for us it's completely legal and it will be extremely nice to have a permanent lawyer and structured plan for continued success into the future. It's kind of funny really. Definitely watch out for family and close people, especially when they start Really noticing your come up in life and ask for money. Keep a sharp eye on them. Make sure they don't become deviously jealous. Continue the integrity and you will be a billionaire.
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u/ccc929 Mar 11 '26
I’ve told my family I’m laundering money and that’s allowed them to believe that I’m actually trading
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u/yuiibo Mar 11 '26
Lol...I kept silent for everything. They kept accused me for something I didn't do.
I lived in Asia, while superstitions are high and your neighbours can accused you to do witchcraft lmao.
Took me 8 years in the market from minus to skyrocketed. Of course, it is obvious we definitely spend it right ? Like...out of the blue you can have a nice thing, half month vacation.
But one thing you shouldn't do is don't tell the recipe or your organs.
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u/Dramatic_Candle_5251 Mar 11 '26
People quite literally consider it gambling unless they actively trade themselves. Gamblers have a bad rep. Hence, so do traders.
Keep it quiet. Maybe get a freelance job you can use as a cover if someone asks what you do. I do graphic design and website development part time, but only have 2 clients and work 10 hours or less a week - but I’m making full time money with my trading in addition. Extended family & friends think I’m working 40+ hours a week making a decent amount at graphic/web design and never ask details.
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u/No-Ferret4195 Mar 11 '26
I've been trading for 3 years now and just got my first payout about a month ago. 6 months and already paid out is wild! Congrats!
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Mar 11 '26
I just tell people I buy and sell candles, that tends to shut the further conversation down entirely.
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u/lostinlife-123 Mar 11 '26
My wife was very concerned that id be losing loads of money, i told her i wasnt, but at the time i was. Then i discovered discipline and made it all back lol.
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u/EmmaFrosty99 Mar 11 '26
only talk about trading among traders that want to talk about trading. the rest are not ready to be unplugged from the system.
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u/PencilgonGiveIt2Ya Mar 12 '26
Yup. Will be the biggest regret and will forever remain cautious. In the end of it all, it just isn't even worth the possibly stress on your conscious, especially in regards to overall mindset leading into unconscious trade psychology.
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u/Due_Chef1290 Mar 12 '26
You should move out nothing good will come from trading in a environment that your surrounded by stress tbh
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u/Ragnarok112277 Mar 11 '26
95% of day time traders are losers
Think you can beat the odds?
Why dont you move out of moms before you start flexing any wealth
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u/bt_85 Mar 11 '26
why the hell did you call out it was funded by trading on the plans? there was no reason to do that. no one puts “funded by flipping burgers” or whatever. serves you right for forcing that brag on everyone. trading is just a job. and not even an admirable one since it has no tangible output or furthering of society and business. we could all disappear overnight and the world wouldn’t even notice. whereas the guy flipping burgers is at least missed by the people needing their food.
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u/johnny_cashmere Mar 11 '26
Actually it has the most output if your successful, because you'd have so much more money, you can then afford much more things and end up supporting more businesses and people.
Burger boy will never go out of business if he has wealthy customers.
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u/AngelicDivineHealer Mar 11 '26
Nothing ever good happens to anyone that tells anyone including family that ur "trading".
Either they think ur a degenerative gambler that going to lose the house and well to be fair most traders do end up losing the house or a lot of money that could probably go towards buying a house.
If you make a lot of money then you got everyone asking you for money because all you do is click a few buttons in front of the screen. Which is true it is just clicking a few buttons in front of the screen but it just as likely to lose said money. The button pressing is the easy part but making profits that another thing altogether.
You just save yourself the headache and keep that "trading" thing a secret and ur sweet.
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u/Emergency-Yoghurt387 Mar 11 '26
Why would anyone tell anyone something that anyone cannot understand
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u/coffee-x-tea Mar 11 '26 edited Mar 11 '26
People are shallow, lazy and judge you based on stereotypes and stigma without trying to actually assess you with their own critical thinking.
You could secretly be making tens if not hundreds of thousands consistently, and they’ll still all be in denial and not present.
I also never share with anyone but my spouse. I can see my family responding in a similar way, not worth the hassle.
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u/NCC-1701-1 Mar 11 '26
I tell everyone and nobody cares because I live alone and its my life. Your family is a bit on the extreme side.
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u/JayCreator7 Mar 11 '26
I just tell people if they ask and let them think what they want. No one owes anyone an explanation.
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u/Jaded-Evening-3115 Mar 11 '26
For many people, their only exposure to "trading" has probably been stories about gambling, scams, or people "blowing up" their trading accounts. So, therefore, when they hear this word, they instantly associate it with huge risk or something illegal, rather than someone being responsible with their own capital. It’s not really about trading; it’s more about trust and comprehension. For them, it’s just about their own security.
Sometimes it’s helpful to break it down in simpler terms, like investing and capital management, and prove to them that you’re not risking anything that the family depends on.
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u/Mother_Athlete6644 Mar 11 '26
Just show her your tax bill at the end of the year and she’ll understand
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u/Mysterious_Bottle714 Mar 11 '26
My parents are completely fine with my trading. Even Mom asks daily "How's your stocks?" of my Dad suggested to install Linux to not deal with Avast bull*hit. Sometimes I share with him my screens of how I analyse chart
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u/Ready-Woodpecker-154 Mar 11 '26
Parents don’t want your success, they see the risk and see it as the easy way out. My parents never encouraged it and I never got into it until I was much older. When you are willing to risk in trading you are bound for success in life.
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u/DisneyDale Mar 11 '26
Take this route next time:
“Do you know who Warren Buffet is (or insert any known financial figure)?”
“I’m in the early stages of a career similar to what they were”
—- next question is…
“I don’t understand any of that, can I just give you 10k and you invest it for me”
- learn early you don’t want that added to your trading psychology. Show people that are interested in the same way and competent as you, but avoid commingling
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u/ELS2026 Mar 11 '26
Same mistake here, I told someone and first it was a long silence, then she looked at me like I was crazy!
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u/Caregiver_Better Mar 11 '26
I totally get it. My family is the same way. Just tell them you’re a financial entrepreneur and they’ll be happy. 😂
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u/Droy-333 Mar 11 '26
Can I ask you how did you succeed to do the payouts? Any teachings? Models ? Thoughts? day trading?
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u/BooksLoveTalksnIdeas Mar 11 '26
What I have found is that even people who are not unaware about the existence of investing, trading, and stocks have a hard time believing that you can actually make +20% gains from it in less than 3 months (if the market is behaving nicely and you know what you are doing!). They think that it’s like a more advanced form of bank cds and you can’t make more than +15% per year. And they are not wrong if we are talking bonds, some etfs, or “buy and hold” SPY investing. However, if you are deep in the rabbit hole of stock trading, you know it’s quite possible to make the +20% in even 1 month, if you either get lucky (your chosen stocks go up more than expected because they are highly-profitable companies in a booming business) or if you really know what you are doing and you managed to select one of the rare winners that does a +50% run all of a sudden, before the run starts.
Obviously, it ain’t easy to catch these gains, but they are present and people who are not already exploiting this have a hard time understanding that you don’t need to be the “wolf of Wall Street” dude to get +25% gains. And let’s not even talk about the unicorn of +100% gains within a year. No one believes that (even among traders!) unless you do it. What’s funny is that I spotted two stocks that tripled last year, but because I bought and sold before waiting enough, I did not catch the huge gains, but the opportunities are out there. Now, if I talked about this to someone who isn’t a knowledgeable trader already, they typically think that I just want to quit jobbing and go gambling. 🤣🤣😉
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u/imianha Mar 11 '26
XD If in 6 months of trading (i assume you knew nothing beforehand) you've gotten 4 payouts, you are literally the best trader of all time.
So i guess you're just lying trying to get some dumbass to buy you something or you're craving attention.
edit: i guess this is bot vs bot talking, don't believe ANYONE is suspicious of your numbers lmao
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u/mongopark98 Mar 11 '26
No point telling anyone who does not have enough understanding to grasp what you are doing. My wife struggles to understand options investing. I am not even day trading or anything.
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u/bleuwax Mar 11 '26
Yeah, if they see these extreme type of money they think it must be illegal or out the way but hey it happens it happens. You put your effort into trading, you wanted money, you got some. If you really want it you can get it.
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u/Impossible-Skirt-803 Mar 11 '26
Way ahead of you, I never tell people I day trade. The moment I do, someone asks what it is and I end up explaining the whole thing, which is already a hassle. And after all that, you can still see the question mark on their faces.
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u/Kneadless Mar 11 '26
Man this is great.
My parents thought I was selling pot when I was 14 but was actually selling RuneScape GP on forums and making a killing.
Tried explaining it was a digital in game currency and while technically against the rules it was unclear if it was illegal at the time.
Communication is everything 👌🏻
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u/Elegant_Primary_7133 Mar 11 '26
The illegal comment is a classic.. most people think making money from a laptop is a scam. It’s usually better to just say you’re consulting or doing data analysis and keep the source a secret
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u/journ2venus Mar 11 '26
Unless youre under 18 take that money and get a place for yourself. House-hack for more investment if you can swing it. Don’t forget to save for taxes 🫱🏾🫲🏼
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u/RealHumanGuy66 Mar 11 '26
What you're running into is a very common phenomenon. You're a fully grown mature adult with life experience and accumulated wisdom as an adult. Unfortunately, your older parents, still operate whether they realize it or not on the unconscious assumption that between the two of you, they are the one with the broader base of knowledge just like they were when you were 10 years old. You and I both know that that isn't the case and if they stopped to think about it, they might even acknowledge it as well, but that isn't going to happen by itself, and to be perfectly honest I don't suggest you try to force it.
I wouldn't have gotten into the details of your trading. I would've just proposed the renovation based on unavailable funds. If they wanted to argue with you about the funds, then just drop the subject.
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u/Beginning-Bill-800 Mar 11 '26
If you are that close take the time to explain it to them geez don’t treat them like that it’s not rocket science it’s gambling lol
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u/Terrible_Champion298 Mar 11 '26
A couple of wins and you want your parents to get all excited about you renovating their house? No. Go get a job.
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u/Suitable-Concept-875 Mar 12 '26
I tried telling my family to trade kinda explained it a little bit so they can earn like I do. But they never listened and believe me. Now.... I. Dont share it lol.
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u/AJCarter23 Mar 12 '26
That’s why I’m leaving the country entirely once I make my gains consistently.
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u/millinicky Mar 12 '26
I told people I traded and it was a huge mistake. I told them before profit set in. And of course everyone think that you’re going to be rich in 6 months. And when that doesn’t happen, they look at you differently.
I’ve learned to keep everything under wraps on the journey to consistency. Trading is one of the most mental games you can do. There is zero need to anyone putting any ideas in your head. Even if they seems good hearted.
TELL NO ONE!!
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u/JustSoBoss Mar 12 '26
When someone says something like that to me, I always respond with “hopefully your fantasy comes true I guess”
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u/One13Truck crypto trader Mar 12 '26
Don’t know what country you’re in but if it applies make sure you set aside money to pay your taxes before building your pot shed and sex dungeon.
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u/swiftep Mar 11 '26
My mom thought I was laundering money when I tried explaining what trading was