Yes, day trading is like working for a living making hourly wages. Swing is like working on commissions selling real estates, etc. Investing is like doing a start up, started out small, but one day it may be the next Facebook and you the next Zuckerberg. Too late for me, I am over the hill, already retired from my day job, already wasted my youth.
Well thats the plan, I think we fund someone elses dreams too often, ie 500K bonuses in the banking sector. Too late investing here to, day trade only way to get rich in time to enjoy it.
You said it right. Specially about diversification. As it is also said, Do not put all your eggs in one basket.
You're in good company, most people think they wasted their youth. That was then, this is now. The pertinent question is are you going to waste your future?
In my youth I had a lot of fun chased a lot of woman, climbed a lot of mountains, rode a lot of bikes got into a fair few fights had fun, in my Middle+ age I'm still doing exactly the same, if it's not broken don't fix it, I don't consider it a waste, very little I'd change.
The last 10 hours was the future when I wrote that. If you wasted that future, it was your choice to make.
It is very important to understand the reason why you start to lose and then you can quickly eliminate it.