It is said 90% of traders lose money and 10% make money, while 1% of that 10%, make money consistently. Do you think you can make the 10%, and if you can... can you stay sane during the slum periods? Even better, can you make the 1%, and live like a celebrity A list-er?
The Bottom Line
Trying to become a millionaire through independent day trading is something like trying to become a Hollywood star or a professional athlete. The evidence suggests that a very small minority will achieve consistently high-level of earnings while the majority will not be able to sustain a long-term career.
The above paragraph is taken from this article:
https://www.investopedia.com/articles/active-trading/053115/average-rate-return-day-traders.asp