I agree this is one of the most important questions in this forum.  i.e. is it actually possible to consistently make a profit day trading stocks in the long term (spread betting /cfds etc)

The OP is right to ask this and anybody who wants to doubt this or mock or be rude to the OP as some people have clearly has never run a business or are just unhappy people.

Thankfully most people on here are polite.

I know an extremely successful and wealthy individual trader who has accumulated approx £100 million personal wealth from professional trading and has hundreds of contacts in the industry over a 20 year career in the industry.

He says one thing “do not day trade – I have never met a profitable day trader except many years ago some floor traders used to be able to make some profit”

I would say this person along with Warren Buffet answers the day trading questions very clearly – it is a losers game.

Sure some people will even tell you it is possible to make a living gambling on sport.

Yes some people on here claim to have made some money but they were not just day trading – they were also holding over night.  I do believe retail traders can make money trading medium/long term.

It is possible to set up other businesses with a lot less effort, time, money and make a lot more money in a matter of months than trying to be the elusive the profitable day trader.