So does it mean 90% of day trading ends up in losses? Because I'm trying to understand all of this now but I'm aware the results of being profitable in day trading is slim and you'll tend loose more but what I want to understand is that does it always end up in losses cause with the way alot of people tend to go into it, I had to make a conclusion that it varies and we can't just give up that it's not profitable.
it varies indeed, it's just that 10% takes 90% of the money because they're well equipped with sophisticated tools and smarter than the 90%, if you see someone profit in trading consistently then they are the small minority that profits.
if you however can do really well in trading then go ahead, be that 10% remaining people and make profit out of it, if you're not however, I think investment is the way.
day trading isn't for everyone, only for people who really understand the game in my opinion.