Cr8 pay no attention to mr fedex (aka as overnight) nor jj90 (aka jumping jeepers 90). Proceed forward. You said you would share. I like a man of his word. So far your plan falls within the world of possibility. Traders do not, i repeat DO NOT understand the power of compounding that short term day trading gives one over position trading. So proceed fearlessly...fly into the storm...."damn the torpedoes full speed ahead."
A quote comes to mind..."Well...you won't have to say...I shoveled $hit in Louisiana."... Trivia...who said it? Play fair...don't Google it!
Obviously, you haven't read what I wrote. This is a plan of making profits "over X-perod of time", not a plan for 20 years. This thread is in regard of the topic how to turn $1k into $100k in a year or less, remember? Good, you mentioned losses and costs. My costs doing this were spread and commission, no swap since it was day trading. I was keeping my losses small, will be explained later. I know many traders being in this business much longer than myself, tend to belittle my approach and I understand why. But, please, keep an open mind, you may find something out of all this to be useful. Case in point, let me present the whole strategy and you are more than welcome to criticize after you have the whole picture. BTW, I traded this strategy with REAL money, so please no "try this for real" attitude. Cheers