Intraday does not make sense.

day-trading-doesnt-work-i-know-because-i-tried-it.jpg
 
what’s good for the goose is generally opposite of the gander.

Unlike most, for me long term has smallest risk when done correctly, intraday has greatest risk, protective stops can have insane slippage at times(YES, stocks have gaps when numbers come out) and of course no recourse when some rogue trader is at wits end cause they made mistakes. Unless doing automation, me has to be watching constantly, I had gotten good and bored from long term and added intraday in the 80's-huge mistake, lost way too much money and worst was lost time of taking stock profits to lose day trading. Eventually got the hang of it, but I gave up much life to become decent at scalping.

Which is better? Automation, but I have to keep doing some manual or I will lose what I know.
Yeah, decades of work, but work I enjoy mostly.

Of course if only doing long term, you have much extra time to badger intraday traders.

Hey, IT'S FRIDAY !!!!!!!!!!
 
Sorry if I have offended someone, sometimes I have a sharp humor.
I'm not saying that you can not become profitable in the intraday.
The question is:
Is so much suffering necessary if in the medium-long term you can earn more?
 
The majority of ET members attempting day traders are probably like bush mechanics attemting to compete against RedBull Formula One in their hotted up Jeep running on three cylinders and repaired with fencing wire.
 
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