Do short-term trading masters ultimately achieve substantial profits?
Regarding those "stock market gurus" who constantly talk about short-term trading and teach people how to catch daily limits, let me tell you something real.
Indeed, a few of them might have made money, but you need to understand that most of them made their money by "teaching others how to trade stocks," not by trading themselves. Think about it: if there was a surefire way to make money, wouldn't they just quietly get rich on their own? Why would they bother selling courses, forming groups, and charging membership fees?
Those who truly survive long-term in the stock market through short-term trading are extremely rare. Why? Because short-term trading demands quick reactions, discipline, experience, strong psychological resilience, and effective capital management skills. Average investors, who chase gains today and cut losses tomorrow, or jump in based on a piece of news, easily become "chives" (a term for inexperienced investors who are repeatedly exploited).
Are there exceptions? Absolutely. For instance, some veteran institutional traders, like Xu Xiang in his early days, or some anonymous experts today, have indeed made significant money through short-term trading. However, they either possess information advantages or have team and system support, which ordinary people cannot learn or replicate.
So, my opinion is: don't always focus on those gurus who make extravagant claims. They might have indeed made money, but you are highly unlikely to be the one sharing in their profits; instead, you're more likely to be among those who get "cut" (exploited). If you truly want to make some money in the stock market, it's far more reliable to diligently learn the basics, control risks, and take things slowly.