Retirement at 30? Watch out for daytrading traps

The promise of easy. For example, quick gains attract many young people to the debt trap.Image: Shutterstock / Unsplash. However, montage watson

Nino is one of the many young adults who hope to earn a lot of money by negotiating in the short term on the stock market. Furthermore, In social media, influencers promote what is called daytrading.

Deborah Stoffel / CH media

“Sorry for the Snus. However, Without. Therefore, I have trouble concentrating and I speak far too fast, ”justifies Nino* in line retirement 30? watch out daytrading with his tobacco under his upper lip. In addition, Sitting in front of us in a cafe, he laughed.

He was 18 years old a few days ago. Similarly, Large, dressed in a white t-shirt and beige shorts, he has shaved hair on the sides. However, He talks about a specially soft voice. In addition, And never ceases to laugh while evoking daytrading. Similarly, His hobby, or “his second work, in fact”.

Nino has just completed his first year of learning as a customer relationship specialist. Nevertheless, He “spends his day on the phone”, and he likes. For example, On the other hand, he likes less the courses, for which he is satisfied with the minimum. Nevertheless, “To have four average, that’s enough, even if I don’t study. In addition, I’m not stupid, ”he says. Moreover, In any case, Nino retirement 30? watch out daytrading nourishes other professional ambitions. Therefore, He wants to be financially independent after his training. For example,

And at 30, he intends to retire.

It is the life project of many young. In addition, men: becoming rich thanks to financial speculation. For example, Companies such as FTMO make it a lucrative activity.Image: retirement 30? watch out daytrading Imago

Where does this wish come from? However, He’s not a fan of “this system”, he replies. However, “This system” is wage -earning, consumption of mainstream media that “disseminate a lot of nonsense”. It is also wary of the state. which wants to know how people have on their own, and which collects taxes.

A motto after all libertarian: “If I plant myself, I must then assume”. And this applies to everyone, in the eyes of the young man.

Retirement 30? watch out daytrading

A addictive activity and a sustained rhythm – Retirement 30? watch out daytrading

Nino came to daytrading, or short -term speculation, by social media. “When you drag on the networks, you retirement 30? watch out daytrading end up falling on it”. But since a child, he has been interested in money. His father is an independent fortune manager. helped his son buy his first action when he was only 12 years old. “An Xiaomi action, I loved this business”. Because of his father, he sold the action too early. He sighs:

A friend then definitely convinced him to try daytrading. A means, it seems, to access wealth.

When the alarm rings at 7 am, Nino begins with graphic analyzes. He studies the history of values, and reads the big titles of world policy. Then, it sets a purchase limit, that is to say a lower limit to which the purchase is made automatically. He can then put his phone and trust the “trade”. However, this only works because retirement 30? watch out daytrading it currently deals with gold. If he negotiates cryptocurrencies or “same corners”, it does not work. “We must then follow constantly”. The same corner is a cryptocurrency resulting from an internet phenomenon (even) or having a humorous characteristic.

Nino launched his once. He garnered 750 francs in one day. “It flashed me. For the same amount, I normally need a month ”. He spent everything at Dior and Rituals for his girlfriend and his family.

A “Pay-to-Play” platform criticized – Retirement 30? watch out daytrading

Nino is currently working with virtual money on the FTMO platform. It provides its users with fictitious capital To negotiate selected derivative products. Despite everything, subscribers actually pocket at least 80% of possible gains. But only if they have “qualified” beforehand, passing a paid test in two stages.

The test costs between 90 and around 1000 francs depending on the size of the desired deposit. These costs are the FTMO business model. According to the German economic magazine Economic weekthe founders of the platform achieved a turnover of 200 million euros. a profit of 92 million in 2024.

Critics point to a purely paid-to-play model. It is thus distinguished from real prop-trading. in which experienced traders speculate with foreign capital and receive a share of profits, and also classic daytrading, in which we negotiate with equity. On some forums, testimonies indicate a refusal or the delay in a profit payment. And this, supposedly, of breaches of the rules.

High potential and large risks

Nino does not consider FTMO as a way of training. Its retirement 30? watch out daytrading objective: to build up a starting capital thanks to the platform, to then be able to speculate by itself.

The young adult is aware that one can lose a lot from his own putting in the short term. It happened to him once to lose 6000 francs. It was terrible, he admits. “But I know I can catch up.”

With his activities on FTMO, he has not yet reached profitability since he began to “trader” on a daily basis. It was six months ago. “It is not a Get-Rich-Fast scheme”, a plan to get rich quickly. “The first years, you are still not profitable,” sums up Nino.

“The more we intervene, the less the performance is good”

Nothing just a matter of time? For retirement 30? watch out daytrading market experts. by betting in the long term, therefore leaving his money over several years in different titles, we clearly make a profit between 4 and 7%. This is what Marc Arnold, professor at the University of Saint-Gall (HSG) describes.

It is still necessary to deduce the costs, that is, the taxes paid to the bank. “The more we intervene. the less good the average performance,” explains Arnold before continuing:

Different studies show that a large amount of trading is harmful in the long term and nibbles all the performance, that is to say the benefit:

A trader in front of his laptop with stock market graphics.Image: Imago

Young people full of used ambitions?

Of course. there are the stories of those who bought Tesla actions or Bitcoin at the right time and who have become very rich. “But these are isolated cases. and these people have generally invested in an action by chance, not in several different,” adds the teacher. He observes with concern how many young people are launching thanks to skilful marketing on social media. Even if it means leaving large sums, or even in debt.

Influencers on YouTube offer courses and other retirement 30? watch out daytrading paid coaching programs and promise a quick fortune. However. winning or losing has much to do with individual capacities:

Another observation: the managers of professional and experienced funds do not obtain better long -term results. Not even with passive investments such as index funds. According to the teacher. it takes more awareness to avoid young people to fall into the debt trap:

“We push each other”

Faced with this, Nino retorts: “The teacher is right: long -term investment is generally more fruitful”. But trading can also work, it is retirement 30? watch out daytrading simply much more demanding. The best is to combine both. concludes Nino: investing most in the long term and maintaining active trading with the rest.

During the conversation, he did not stop watching his mobile phone. From time to time a little disappointed, one of its investments that did not take place as planned. He would have liked a more frank price drop. Despite everything, Nino considers to take enough perspective. He sleeps on his two ears, he says. But does not like the weekend too much. a moment of closure of the scholarship, because it negatively impacts his social life.

Nino does not trade alone, but with friends. They push each other.

(Translated and adapted by Valentine Zenker)