adv. and disadv. of day trading?

C

chipmunk

I keep flippnig between the two. Both have good and bad points but can you share what you think are the pro's and cons of day trading?

EG:

Pro:

MaKE MONEY EVERY DAY ( HOPE TO..)
No overnight risk


CON:

You have to sit at the screen every day to make money. Can become a grind.
Can be high stress
 
I use to make a living scalping stocks with a 2000 dollar account. Now they want you to send 30 k to people you can't hardly get a real handle on. That was upside.

Getting two accounts at two different times with IB was a serious downside.
 
Quote from chipmunk:

CON:

You have to sit at the screen every day to make money. Can become a grind.
Can be high stress
More...

Not really. Some people only trade mornings or whatever.
 
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