How would you interpret the phrase "It's impossible for an individual to play the lottery for a living"?
Technically we both know it IS possible, technically. But in the real world? I don't know, but I wouldn't be suggesting anyone out there try make a living playing the lotto.
The market always goes up. Even if right after this comment, if the sp500 tumbles and we enter a recession, your share of vix doesn’t go anywhere. Youd just wait for the market to recover and hit the price you bought it for.
However, day trading isn’t really viable unless you have a lot of money to take advantage of every dip and hill and get around day trading restrictions.