Hmmm..... If you're losing $2,000 a day consistently, don't you think you'd soon figure out that you should be doing the opposite?
This is why some high earners are scraping by according to one blogger. https://www.financialsamurai.com/scraping-by-on-500000-a-year-high-income-earners-struggling/
Yeah, I hear what you are saying. I've been experimenting with scalping. My win rate(which is always deceptive) is almost 100%(at least high 90s). If buy then offer out a few seconds later I always win. I find it exhausting to trade like that. Maybe I just need to train myself. Just experimenting with this style vs the pure chart analysis that holds for 10-30mins to an hour. I feel like 2 ES Points or the equivalent in YM/NQ points isn't that hard. But you have to account for losses. All is great when you are doing fine. But losses is where they get ya... Let's see how this experiment goes...
Would advise against "scalping". The ES is too noisy to try to "risk 1 tic to make 2" or "risk 2 to make 4". As for "2 points/day", that would be "average and net".
I guess algorithmic strategies take advantage from deep understanding of market microstructure and speed, instead of long-term macroceconomics. Simply the problem of the time frame of the decision making. The markets still takes fundamental directions from big money which is not focused on making profit from the market, but to put funds in best place in terms of R/R (take for example pension funds or insurance companies). On the short run yes we lose to AI the problem is to what direction those AI can skew the price from long-term fundamentals.
And this is WHY I ALWAYS say that we retail traders are actually lot better traders than those "institutional" traders considering the limited trading capital, the psychological pressure that we have to work with. We retail traders are actual traders; we actually study the market, perform analysis, design our own trading system (manual or automated) and yet people still think that they would become better traders if they ever worked in those institutions and get all star-struck when an "institutional" trader comes on and gives insight. Don't get me wrong I am fascinated by learning about the inner-working of those institutions that make up the financial industry but one needs to understand that that does not necessarily make you a better trader.
Not necessarily because once you do the opposite, the market can all of sudden turn around and your opposite starts to lose money again. This is why trading is so hard. Market is really dynamic and unpredictable. The only way to master it is just cut losses early and let profit run.
Plus you might have zero edge, and the loss is all slippage -- in which case you'd lose the same amount doing the opposite.