Day trading BTC is retarded because the exchanges are all incredibly basic and the information and tools slow, lagged and generally terrible. So it's mostly blind luck . That being said I have made back alot of coin the last few days, but i've also lost lots of coin day trading.
This is true but everyone has to deal with that. If you navigate those waters better than others, there is money to be made. There are distortions in the short-term price movement that don't occur in any other market and it's specifically due to these crappy exchanges handling all the orders.