How is retail day trading anything but a gamble?

You get much more leverage when you day trade vs holding overnight, for one. But my argument was trading vs job, any style with asymmetric payoff will do.

 

Some need 6 figures, some need 12 figures, and for some it doesn't matter as they will never make money.
You can, as a daytrader, make a few million a year.

 

Daytrading noise, watch for price and volume spike followed by retest. Option guys look to buy a retest that respects the price level and usually continues in the direction of the spike.

 

have made more money standing still

 

What kind of returns would this entail?

 

Depends on several factors.

 

if ya can keep the money you made for 5 months

 

show me 5 months of consistency

 

Sounds good in theory. Do you know of anyone who can verify that they have done it?

 

It's doable but I wouldn't say easy. To make a six figures a day in your account you'll need a sizeable account to start even with 4x leverage. Most newbies don't have accounts that big, at least not to start,