Day trading is not profitable for 99% retail traders. It can’t be due to structural reasons like high speed, slippage, stop loss hunting, spreads, news based quick reversals , Algo Bots, commissions.
I am seriously surprised when people blame failed day trading on Trader’s Psychology, Motivation lack of Discipline or experience. These factors don’t matter as much as popularly emphasized. Even bots who don’t need Psychology or Motivation find it hard to make profit over a period of time
And those day-traders who are profitable don’t make impressive returns on their capital. It is most stressful kind of trading with least amount of returns.
Finally to be fair to day traders, I would like to know how profitable day traders here are by which I mean how much % on average they make in a month?