So let's see why if you're thinking of day trading you'd better not do it because you're likely to lose your money, everything and more. The longer you trade the more likely you are to lose, and if you use leverage you will lose it quickly.
Should we take this as a financial advice? In all conclusiveness, so no day trader is profitable? You're in for long term hodl? Is that what your submission is all about?
but also ask yourself: why is no one as famous as Buffett a day trader? The answer is very simple.
Even though you left your last sentence with an assumption that we should know, I still don't know what
the simple answer is. Nonetheless, I like to let you know that every businessman or investor won't have the same temperament and shrewdness of Warren Buffett. We all aren't built the same way, and it doesn't mean that Warren Buffet's way is the only right way to do it.