Thursday, November 19, 2015

What is the Advantage of being a Day Trader


“The criterion of truth is that it works even if nobody is prepared to acknowledge It.” –  © 1962 Ludwig Von Mises (1881 – 1973) What makes day traders different is that they are able to participate without bias, without question, and reap the benefits of what the market is giving on that day. Is this an easy state to attain?  Some will say absolutely, while others just can’t seem to turn the corner and be in the ‘zone’.  The important thing to remember is it is a learned process.  There aren’t many traders I know that don’t have preconceived ideas of what is bullish and what is bearish – what constitutes a break out and what constitutes a break down.  However, many habits have benefited me as a day trader over the years.  One is identity once I committed to the profession, I told myself I m a professional retail trader, still retail but professional nonetheless. Then came the process of learning how information is transmitted, of knowing who is doing wh
https://www.indicatorwarehouse.com/advantage-being-day-trader/

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