Dislikedand what is the failure rate among day traders? ...you may want to consider at least not make broad generalization about trading and dismiss by default traders that are trying to think and use tools "outside" of the retail daytrader box .....
Maybe you shouldn't be that harsh with previous poster as defining daytrading as an exact science defined by only your standards, it is definitively not a good idea and is 100% not true ... just my 2 cents...
Maybe you are right and I should not generalize.
For me the Macro Economics only give me a bias where we could go in the long run.
I think I am just too impatient to hold trades for weeks or longer.
The only times that I can bring up the patience for week long trades or longer, is with losing trades that are not underwater and have a real chance of getting back into profit. Like a trade that goes against me for 75 pips or so and then start ranging between 50 and 125 pips.
New voice message: Why are you calling me? If I need you, I'll call you!