My friend just quote this one. I think he is right
Day trading is like having sex.
[siz e=16pt][colo r=red]''Get in and out as much and as fast as possible to get satisfied maximally.''[/color][/size]
I think this exactly explains day trading. I am a day trader myself. I rather get in and out of the market 50-100 times a day and take small profits with smaller amounts of my balance than trying to chase a couple percent in 1 trade.
LOL mate, are you trying to tell the house that you are a 1 minute man when it comes to sex, that is not good my brother.
Back to business, I dont think coming in and out so fast is that easy considering the fact that the market is unpredictable and not by guessing, you still have to make use of your indicators and analyses technically and fundamentally before engaging in the trading.
You need to study the time to get in while the time to get out actually depends on you and your contentment level but it is not so easy to really know when to get in even with all the indicators available to you.