Successful day traders only make a few day trades successfully. Other strategies are used to earn real profits. Day trading is invented by brokers and analysis hawksters to separate the trader from their trading capital. Don't believe the hype! Not 1 strategy works best in all markets.
Lylec, what 1% gain of capital daily average through day trading is not good enough for you? That's what I make and I still leave a lot on the plate so there is space for improvement...
In my past, I never broken down the stats deep enough in my youth, basically never knew what I had to break down. But like in day trading ES, I know through day trading what I can expect every 30 minutes by signals would produce, I know what signals can be used every 30 minute segment on the mean ave, What 3 hours/fifteen segment produce the best, what days of the week best, does the mutual fund study done long ago of being long last four and first two days of any month hold true, reward to risk each day, just go crazy on diving into what you have been doing. Many many do horrible on Friday trading, half my friends simple don't trade at all on Friday cause of it, gives them a day of back testing. Is it possible for you to be profitable 18 of 20 days? Do you notice after 1-2 hours you are up on day and slide into losing remainder of day? "Mean" is my favorite word, wanting to find the "Mean" of profits which I make as Goal then cut back size, "Mean" of loss just before losing my rear end on the day, this has two edge sword of missing out on recovery back to small better than breakeven on the day. Another point, if you find yourself negative on a day, have your stats on getting back to breakeven then walk away or do you keep trading then lose on the day. What happens on winning days that is not happening on huge losing days? 95% of needed information, I learn from winning days, losing days I learn little as I am not trying to reproduce them more often.
For you the first step is to decide if you are in it for the action or the money. Be brutally honest with yourself in this assessment. My guess is you are in it for the action and, if I am correct, I have two words for you: VEGAS BABY!!