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Thanks for your answers guys. I’ve been through those risk controls, R’s, win rates and all the stats, and while this is important it did not give me the profits to live of day trading. I would like to hear from someone who is day trading for living. So far I have met more than 10 people who are doing day trading for 2+ years and non of them is day trading for living or making any significant money. I know it is possible to do it so if someone is making money I would appreciate to come out and give us all some guidance.

100% correct Peter. Good risk management allows profits with less than 50%. My stats for February were similar, c. 40% win rate but 20R profit for the whole month. This month hasn't been so good thanks to a few days mid-month when for some reason I figured I'd not be disciplined for a bit and surrendered 7R!

I also want to hear from someone who day trade for living. I have been trading for 1.5 and so far I only break even of with small profit.