Why most of the people fail in day trading.?

In my opinion,the most common reason that people fail in day trading is that they do not regard it as a serious business.they instead treat it as a form of gambling that will quickly and easily make them Rich

Some people start to day trade as a hobby or for fun because they believe it is "Cool" .they trade for the thrill of shot trem gambling in the markets. They play around a little bit in the market but never commit themselves to acquiring a proper education or a in depth awareness of Day trading. They may get lucky a few times and make money some day,but eventually the market will punish them..

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