Why limit yourself by not daytrading. In the markets like any endeavor; the more you can integrate into your strategy the more robust it will be. Maybe the question should be: why not daytrade?
I see, so you haven't tried daytrading futures. It is a whole different ballgame. I don't daytrade stocks either, although I know plenty who do successfully. I just couldn't get a good working system to make money on a regular basis, I got stopped out too much.
they ARE market makers,in the index pits known as scalpers,they are trading off floor most of the day because all the paper is now electronic
Vectors RE: because most people have real jobs that's why and don't have to daytrade You should rephrase the don't have to part; most people would rather make a 6 to 7 figure income working on their own trading the markets than working a day job. The last time I checked living the American dream did not involve clocking in at an office or factory.
market makers have to daytrade 300 times a day because the commission they pay is like pennies per 1000 shares and have no slippage and are making a market.