Wednesday, November 18, 2015

What Makes Day Traders Different from other Traders?


“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 are 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 that it is a learned process.  There aren’t many traders that 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.  Many old habits have benefited me as a trader for most of the years I was a position trader.  Once, I accepted the transition from being a floor trader as professional market maker to a retail trader, still professional but retail nonetheless.  This took time and a relearning of how information is
https://www.indicatorwarehouse.com/remains-slow-grind-higher-birds/

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