You need to develope a trading system that's consistently profitable and then stick to it when trading.
If I were you, I would seriously just purchase Warrior Day Trading https://www.youtube.com/user/DaytradeWarrior Just go to Ross' website, subscribed, go through all the material. If you fail from here, it's because you didn't learn off the material and you weren't trying hard enough. There's literally no excuse. This guy has made hours and hours of explanations and webinars and examples for you in video format. He also has multiple $5k-$10k days. He gives you his stock scanner and filter etc. I strongly recommend giving this a go if you have nothing else left. And report back to me when you do!
First you must meet minimum requirement. Pre requisites are : be calm and alert at all times. Mind must be centered (cannot be angry, cannot be elated, cannot be reckless). Must consciously think about your trade plan frequently before your subconscious mind controls your life.
The reasons people fail: - scared money (stops to tight, flipping positions, too many losses in a row, etc) - overtrading - too much leverage - big losses avoid all 4 of these and you'll be fine.
Please read this, what do you think? http://www.cfdandforextrading.com/profitability-day-trading-taiwanese-stock-market/
Read this: https://www.elitetrader.com/et/threads/trading-is-easy.321831/ No. Tell him to read your posts. You said it is easy.
I still am scratching my head over my trading plan. I think the only way to be consistent in daytrading is doing a whole lots of research.
You do realize that stocks go up and down i assume? Do you know how to pick a bottom or a top. Do you have level 2? Do you have good intraday charts? Do you watch volumes and pivots? Do you have cheap commissions flat $2?