Day trading is LARP

Mathematically day trading is impossible and I'm going to tell you exactly why it's impossible. You are trading and trying to predict random variants which based on geometric Brownian motion which is commonly known as random walk mathematically is impossible. That is, mathematically impossible. We have so many different reasons. We have negative game theory which basically talks about as a retail trader, there are too many frictional costs. You are not a high-frequency trader. We've got the gambling inefficiency, a retail trader has finite capital. You're trading up against the market that has infinite capital. You're never going to win that theory. And then we've got asymmetric information and adverse selection. You're trading against high-frequency traders from institutions. What makes you think as a retail trader trading on an iPad, think you're gonna outbeat them? By the time you even press buy, they have already sold because they are operating on micro latency. We think, oh, think about when you go to buy an order and it takes a couple of minutes to fill. In the same time, they've executed 10,000s of trades because they're micro latency. Hence, they pay millions and millions for their setup. But you, trading on an iPad, think you're gonna outbeat them? Please. Save yourself the embarrassment. Listen, I've been there, I've backtested it. It's a load of nonsense. Swing trade, long-term trade. If you can't beat them, join them, okay? Study a degree in finance, then do a masters, then do a PhD and try and break into Jane Street if you want to day trade, trade algorithms. But mathematically, day trading with the iPad, I hate to break it to you, is impossible.