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A comment on They say that stocks go down during the day and up at night. Parent comment

Re:They say that stocks go down during the day and up at night by MuffinFlavored on Tuesday February 07, 2023 @11:40AM (#34695003)
Do you consider yourself a trader/active trader? Or just a retail investor who likes to pick stocks other than just buy+hold mutual funds?
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Re:They say that stocks go down during the day and up at night by yareally on Tuesday February 07, 2023 @01:07PM (#34696475)
I day trade futures a few times a week. Rest goes into my Roth IRA or brokerage account as long term stock holdings.

It's honestly too much work for me to do anything else and the market is too volatile right now

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Re:They say that stocks go down during the day and up at night by MuffinFlavored on Tuesday February 07, 2023 @01:32PM (#34696930)
> I day trade futures a few times a week.

How profitable are you doing that?

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Re:They say that stocks go down during the day and up at night by yareally on Wednesday February 08, 2023 @01:01PM (#34712023)
Enough to dedicate an 60-90mins of my day to scalping one or two trades and then go about my day as usual. I have a consistent strategy I backtested and follow. I don't see a trade that meets my criteria, then I close my broker. Most people that day trade don't do that and that's why they lose money.

I've been trading for a while and don't suggest to others to trade futures[0]. It's essentially highly leveraged stock, but less risk than options.

[0] https://www.investopedia.com/terms/w/widow-maker.asp

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