Day Traders???

I've been thinking about early retirement and have always had a fondness for stock trading, so thought I'd find out more information on daytrading, and wondering if we have any day traders here?  If so, any information or advice will be greatly appreciated.

99.99999% of daytraders are chum for the sharks.

I day trade on occasion but don't see how it could be profitable doing it all the time.  You would just be gambling. Why don't you research writing covered call on dividend stocks and you could watch those for entertainment and maybe trade the options?

Wall, what if you could take 1-2 % a day?  If you're a day trader, can't be too greedy.

The reality is you cannot make that.

Sure you MIGHT make that for a day or two, or even several days but the risk you are taking will make one bad trade wipe out weeks or months of gain.

Can it happen? Yep...are the odds of it happening steep? Yep..

Swing trading is the way to go.

You're going to do what you want but I feel I have to say my peace:

DON'T DAY TRADE. 

You'll meet the inevitable and ultimately lose.  You're better off betting on a game that you haven't researched.

 

agreed.  I somehow lost 6 digits shorting FNM and FRe in 04 ,  went broke shorting ARBA and other inets in 00,.  and lost my shirt buying gold in 08/09       

 

If you dont have the ability to hold on to your position.  the intradays move will kill you.  ,also bringing in LT views into short term trading is a disaster.