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Can Day Trading be profitable for retail?

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Burlington, Vermont
Trading Experience: Beginner
Platform: StockTwits
Broker/Data: Robinhood
Favorite Futures: ES, GC, ZB
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Posts: 706 since Jun 2015
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artemiso View Post
Trimming it down a lot: 79% of trades taken by small accounts lose money (to market maker). Does this make sense?

So, basically, if you want to make $100k you have to be willing to lose $100k and you've got ~50% chance of either outcome? and if you try to alter those odds, in general, the probability is that you will lose less than $100k most of the time?

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