Why Is It Difficult to Make Money Consistently From Day Trading ⁉️

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Making money consistently from day trading requires a combination of many skills and attributes knowledge, experience, discipline, mental fortitude, and trading acumen.

It's not always easy for beginners to implement basic strategies like cutting losses or letting profits run. What's more, it's difficult to stick to one's trading discipline in the face of challenges such as market volatility or significant losses.

Finally, day trading involves pitting wits with millions of market pros who have access to cutting edge technology, a wealth of experience and expertise, and very deep pockets. That's no easy task when everyone is trying to exploit inefficiencies in efficient markets.