Multiple sources on these statistics, but I was wondering why is there such a big failure rate in day trading. I been doing a lot of research on it, but I don't see why it can be as risky as investing, because you can keep your positions even if they go down and wait it out, except for futures and such. I still want to day trade, but I know going to a training program is just a scam so I figure I will learn by myself and from my work experience.