I agree with the video, all else equal with regards to skill, a good daytrader won't make more than a good swing trader. But this is second order, first order is trade which ever way you are better at.
Hogwash! The huge money is in investing with material nonpublic information. AOC is worth $29 mil you know.
I know when you mention gambling to the British they get on their nerves, but regardless of how many times people point out that spread betting is gambling, and so it is day trading, they block it and keep going. Exactly like a ludopath. But the FCA has it clear: https://www.handbook.fca.org.uk/handbook/glossary/G1118.html So look at OP now, he is not even blocking that he is a gambler, he is also trying to convince us to join his kind. Be careful.
Are you trying to imply that everything you do carries a risk? You should buy a house to live in it. If you buy it to speculate then it is like any other asset. You might not make a profit out of it, but that doesn't make it gambling. Gambling refers more to a bet that you make against a bookmaker. Very much like spread betting. When you trade a spread betting market your trades never leave the broker. That's why it is considered a game and not an investment. Also that is why it is tax free in the UK, gambling is tax free there. Spread betting is banned in many countries, simply because they are not transparent on how your trades are executed. But for a day trader, that doesn't matter. All they are looking for is to scalp some ticks out of a market. Gambling or not they are ok with it. If you ever get bored of spread betting try binary options. That is a step up.
There was already a study that showed less than 8% of day traders don't lose money. Less than 1% of them can beat simply buying and SPY.
Most day traders don't make money so yeah they underperform swing traders Most swing traders are just investors that underperform index