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Oh but there is.
You see, we humans can only feel the difference between states. Put your hand in lukewarm water, you will stop feeling the water after a while. Live a life of hedonism and you will feel nothing after a couple of days, weeks or months, depending how far you've already been down that alley. But you will eventually stop feeling anything as you indulge further
So yes it is wrong to live a hedonistic lifestyle. Because it does not work. It is naive to assume that you can constantly have fun when your steady state constantly increase, until you wont feel anything and the only way to go is down. How often have you felt that void eating you from the inside after a massive party? Every seasoned alcoholic will tell you to have a glass of water in between of booze. Not so that you drink less, but it's to delay that point where further consumption of alcohol is no longer fun.
So, if you want to extract the most "juice" in life, you gotta alternate between hedonistic/ascetic/hedonestic/ascetic and so on. Living a purely hedonistic lifestyle is an ineffective way to live a fun life, as you probably intend to do so in the first place. So your view is not a moral wrong but a practical one. I rest my case.
The only inherent wrongness of hedonism I can think of is that it largely requires everyone else keep the system running. We cant all fuck and drink to our hearts content because certain aspects of society require discipline and control as a standard.
But really I think there may be some confusion. People don't dislike hedonist for it's inherent failure. For instance I don't care if you're a hedonist in particular, as long as you don't work for me, as long as I'm not the friend you call to bail you out and as long as you don't walk around blaring music. This is because hedonists have this annoying habit of doing what they want first and dealing with the consequences tomorrow. Which is a problem if you rely on me or I rely on you. I'd wager most people who are 110% done with hedonism are just tired of being the one to clean up a hedonist mess. 
I think your view is the widely accepted one. Go ahead and be a hedonist, just do it as far away from others as possible >

To truly maximize the amount of pleasure one can have in life would require a regular income, stable housing, healthcare, quality food, etc. You can be a hedonist and a productive member of society. >

My friend lived like that, and now he's dead. His death, directly related to his hedonistic lifestyle interfered with my life, and more-certainly the lives of his parents and brother.
Nobody lives in a vacuum. All of your actions affect someone.
Even if you don't die, there will be people worrying that you might, which is interfering with their lives. >

Well as unfortunate as that is the sad fact  that we are all going to die whether by drugs drinking  or a bus  a sudden heart attack. We all will die and people will be sad  and because of that is the reason to live wild and free but mostly just happy whatever gets ya there .  Sorry for your loss but while your sitting there all sad you instead could be celebrating the fact that you are still alive and hoping to go out with a bang instead of a whimper  . Better to die regretting what you have done the die regretting. The things you didn't life is short take big bites mo >

The way the human brain works makes the seemingly innocuous position of "letting things take their course" inadvertently destructive even with a disposition towards mutually assured selfishness. 
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For one, the brain is naturally hedonistic. Aside from the fact that egocentric desires drive all human actions, it actually undergoes physical and chemical transformations when it's interacting with positive stimuli. One of the most obvious forms of these changes is physical addiction(where your body's chemical balance is altered based on the consistent introduction of an external substance), another less obvious but very real example is psychological addiction(when there is no obvious physical change but rather behavioral patterns are modified to your own detriment). All of these developments are counter-productive, usually self-destructive, and bluntly, often fatal. 
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Another problem, again innate to humanity, is what's aptly known as the Hedonic Treadmill. To make a long story short: regardless of what you change, external events don't have a strong bearing on internal motivations. Or in other words, however much you choose to self-indulge, it will ironically never make you happy and you'll always rationalize reasons why it's "never enough". As you can imagine, this opens the floodgate to reckless behavior or dependence, you're existentially chasing the dragon. 
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Lastly, probably the hardest and most tragic part of being human is that we are our own best salesmen. When we take on maladaptive or self-destructive behaviors, we are very good at rationalizing why it's a good idea, or why this occurrence is exceptional, or our control in any given situation. We also tend to lose objectivity and self-awareness because of it, in short when we're going off "our own compass" we're basically wearing blinders and just see what we want to look at. Though I've heard time and again people say that "people are best left to their own devices"/"people know what's best for themselves"/"listen to your heart" the bald truth of it is that most people will slip into many maladaptive behaviors if left to their own affairs and will never escape them, especially when they're in a community and culture that reinforces the belief that they don't need help, criticism or restraint. >


regardless of what you change, external events don't have a strong bearing on internal motivations

Does that mean that it's pointless to improve the circumstances of one's life? 
So if someone changes their job for one they enjoy, reconnects with their family, makes a new friend, moves from a dingy apartment into a nice house they share with their significant other, anything like that, their wellbeing/quality of life won't improve in any lasting way, but sooner than later revert to the point it was before they changed things?