Confusion about annual return %'s?

[javs5150]

Quote from NY0BScalper:

The way I see it is as that the daytraders make their living off of the natural inefficiencies that come when large orders are entered, especially fearfully or greedily. The orders come from all the various institutions that are trying to chase after a 25% (or 15%, or 10) annual return on vast sums of money.

A good daytrader can consistently profit on a monthly basis by getting in front of institutional orders and profiting off of natural intraday inefficiency.

Can you provide an example of this please or explain it in more detail.

 

[intradaybill]

Quote from BillySimas:

If you exploit a small intraday edge over and over ...

There is no "over and over" in the markets. A few times showcase and they catch up with you.

better say find a small intraday edge constantly. But edge over whom? Professionals? market makers? value investors? or large well-informed insiders?

You gotta tell me who is going to pay you for finding that edge. Who is going to lose money to you whose edge is inferior to yours. I maintain it can only be small time traders like you on the other side only.