LK, to be fair, that "only" is like 50% return on capital over the year. Who wouldn't be happy with that? Anyway, I think your point was on traders being undercapitalized and prone to volatility drag. That I agree with - and I think that traders who don't believe in it are fooling themselves.
We are all slaves.. Even if you trade on the higher time frames you are still a slave.. I rather be a happy slave then an unhappy slave working a 9-5. BTW, I finish my trading at 12 pm eastern everyday.. I have all day to play..
Trading is like driving a vehicle, it requires constant attention. The shorter your trading time frame the more you are chained to the wheel. Unfortunately in life we encounter numerous distractions and these pose huge risks.