Why do longer term traders hate day traders

[Lucrum]

Maybe it's jealousy.
I mean given a choice, would you rather be a "gunslinger" or sitting in a rocking chair sipping your Geritol and reading the WSJ?

 

[crgarcia]

Quote from Sky123987:

I don't get it. But I find this to be pretty consistant.

I recall some hedge fund guy on CNBC talking about about how is fund is so good, and is like "I'm an INVESTOR, i don't do that quick in and out garbage"

why such the hatred?

Because they make money and most daytraders don't.

Because they manage millions, even billions and most daytraders don't even have $100k in their accounts.

Because they are rich and famous and most daytraders fade into oblivion completely broke.

That's why.