Most of the day traders lose.
Many are just optimistic with their experiences and despite that many of them are losing, they've got passion for what they do.
And that's why many day traders are also prioritizing just to have more in their portfolios.
There are traders who lose, but there are also traders who win. Most of my friends are day traders, but sometimes they do scalping. Most of them don't have one strategy because there are times when day trading is not going their way, which is why they will scalp on that day.
That's right and that only proves that even the experience ones don't get it easily.
It really depends on the trader what he prefers, but most traders who make trading their side hustle do this because they don't need to keep watching the chart all the time, all they need is an hour or two on a day to plot their entry, but that doesn't mean that it is more profitable or has a higher winning percentage, it is just where they are comfortable.
If it's just a side hustle and don't require a lot of monitoring. They'll just buy within the day and wait for another few or several days or even a month.
It's just the typical investor type but they still need to deal with it as a trader.