Let me guess, he's the one who signs your checks for shilling? Worse yet, to watch quotes all day AND losing money. Daytraders don't make money, they only get losses. So the more interesting story would be the burger flipper, at least he has some income. From the daytrader you'll only hear how he's grinding even to be able to eat! So they'll never be able to post real resons why daytrading beats burgering, simply because it doesn't! What gym you janitor at? What a shill! Tight stop losses (8 or 10%) only lead to frequent trading, and ALL frequent traders lose in the long run. Bond market always right? So why yield on 10-year T-Bonds got beyond 5% on 2007, 2008 or so (just before the plunge), when they should be flighting for quality?
I love day trading, small risk, better control. My advise to traders - don't overtrade and it will be fine