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the average person usually doesnt beat the average index fund, so if you arent keen at day trading, dont do it.
No one is "keen" at day trading, some people get lucky and think they're talented. The vast majority lose money because the big players make sure of it.
It's literally just gambling, but nobody looks at a guy who won $50k at blackjack and says "hey I can make a career out of that."
Blackjack is normally gameable.
https://en.wikipedia.org/wiki/Card_counting
I mean, I sure wouldn't want to do it as a career, but it's possible to beat the house over the long run depending upon how they've structured play.
That being said, I get your broader point, and there are obviously games of chance for which this is not true.
you definitely have people who go positive in day trading on average more than not by following some patterns and such, its just most people lack the kind of skills to do it and usually do worse than the index (even if they go positive)
What if I'm not average. I bet I can lose all my money. Take that index funds.
How do I buy puts on you
You reverse all my plays.
I quit trying to day trade ages ago. I put my bigger investments in indexes or companies I think I'm more familiar with than "wall street" and usually long term hold.