I used to do this and eventually gave up because of the swings. Being a student (and from a very poor background) it was surreal, I would make or lose in 1 day more than I make in 3 months working at a cafe.
I am slightly ahead day trading but the gain was not worth the risk I took.
There is an entire secondary market based on bonds and pseudo-stocks.
Yep. Some of my co-workers do algorithmic trading as a hobby.
I've read that only works to a certain degree, not much more than 50%. Is that right?
If you average everyone, then yes but that's a tautology, isn't it? In reality there are winners and there are suckers.