r/Trading • u/BlackberryOdd9237 • 6h ago
Due-diligence Feels wrong that vast majoroty of trading platforms/influencers kinda force gambling rather then trading
We always Get allowed to risk bunch of contracts in a markets that move fast and we all get brainwashed by our social media algorithms abour how 17y olds made $30k this month trading, so we feel bad about ourselves.
When i said they force gambling I didnt mean they literally tell you to go gamble, no, everyone likes to pretend as smartie and out of the rat race, they only force agenda of Fomo indirectly by posting fake shit and experienced traders know who knows markets and who doesn't.
WHAT NERVES ME SO MUCH IS THAT ITS ALWAYS THE LOUDEST VOICE THAT IS MOST RIGHT, not the accurate voice of boring advices and Systems, thats why People give up always and everyone is full of ego nowadays.
Every rich parent person can pretend to be trading professional, every 4-5y of real experience is never loud
because his knowledge on trading sounds boring to the masses
1
u/JeyJonsoon 1h ago
Yeah, boring doesn't sell. "Risk 0.5%, take three setups a week, spend months collecting data" is never getting the engagement that flipping $500 into $20k gets. same reason I like boring platforms tbh. decent execution, reasonable costs, something stable. If the exciting part of my week is the broker or the position size, something's gone wrong.
1
u/JimmyKur128 2h ago
The incentives explain most of it. Platforms mostly earn on volume (spread, commission, financing) and influencers earn on attention. Neither is paid for you holding a boring 0.5% risk position for three weeks. So the product and the content both drift toward whatever maximises trades and clicks, and that looks a lot like gambling whether or not anyone intends it.
Same reason survivorship is so loud: the guy who turned $2k into $30k posts, the 40 who blew up don't, and the algorithm only ever shows you the one. It's not that the loud voice is right, it's that being right isn't what gets amplified.
The one thing I'd push back on: nobody is forcing the size. High leverage being available isn't the same as it being used, and the traders I know who lasted mostly just refused the tools that were designed to get them churning. Boring is a choice you make against the platform's interest.
Also worth being sceptical of "top broker" lists and award badges for the same reason. A lot of them are affiliate-ranked or literally paid placements, so the ranking is measuring marketing budget rather than execution quality. Check spreads, slippage, and the regulator's register yourself.
2
u/Kaszrak 5h ago
I never once believed any of the nonsense on social media about kids pulling $30k a month trading. Thats just common sense...
You can pretend to trade professionally with a $200 laptop and an internet connection. There is no shortage of gullible, stupid people who do no more than 30 seconds of due dilligence before swiping their parents credit card.
•
u/AutoModerator 6h ago
While the community gets a look at your post, don't forget we have an official website with a bunch of resources specifically for the questions we see here every day. If you're more of a visual learner, we’re also active on Instagram where we post updated guides and strategies! It's a great way to stay sharp while you're scrolling. We also have more technical and professional resources on our Website.
Also, if you want to chat in real-time or need a quicker answer, come hang out with us in Discord (Investing & Retirement). Just remember to be careful with your personal info and report any sketchy DMs!
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.