It's not easy. I'll be honest I could not make money with intraday trading. I fully admit to not having what it takes, partly due to the fact I didn't have the passion for it. However, I have been doing well with longer term trading, this suits me much better.
One thing I think many traders don't realise, especially new traders, if you make 10 trades a day and you have a 1:1 risk/reward, you can often need to win significantly more than 50% of the time due to all the spreads you are paying. ECN brokers with lower spreads would make it easier though.
One thing I think many traders don't realise, especially new traders, if you make 10 trades a day and you have a 1:1 risk/reward, you can often need to win significantly more than 50% of the time due to all the spreads you are paying. ECN brokers with lower spreads would make it easier though.