SWOT on Daytrading

Strengths:
--There is little systematic risk, n little overnight risk.
--Margin Trading: Brokers allow u to take as much exposure on ur margin money as u dont loose it.
--A daytraders job is over once his targets are achieved, that sometimes may be in a small time(even 1hr), and then he can leave the terminal for a movie

Weakness
--Not for newbies, screaming with fear and greed.
--Slippage costs often bite daytraders unlike those taking deleveries.
--Requires split personality: At times patient and dormant like a recluse, then in a wink charging like a bull. As such may not suit temperament of some.
--Requires focus all the time. Trading in more than two stocks at a time is not advisable.
--One misses the chances of sitting and riding profits, like in swing positions

Oppurtunities:
--Huge profits that too in a while.
--Some Professionals(especially those using mechanical systems) find that profits from daytrading are more consistent than those from Swing trading.

Threats:
--Big losses may come in just as profits. I have seen ppl get numb due to strangulation(while covering) or if prices start moving in countertrend just when one enters.