That's correct. Achieving success as a day trader is extremely challenging. I'm personally acquainted with two people who have pursued this path. One of them suffered a mental breakdown due to the stress involved.

Losing game to 93% percent of traders, right? The chances of being a profitable trader is not exactly zero, so no one should get into the game expecting to be profitable.

asterisk32

certainly not. The data indicates that merely 7% endure for more than 5 years and only 1% can profit net of fees. Day trade is a losing game.