Most traders should pick only one trading style.

What day traders get wrong in the name of patience is..

Holding positions like they do when they make long term investment....

They hope & pray that thier lost money will be recovered But on next day they lose more....!! & Eventually it becomes zero

Stay strong in bear market Sure why not but that doesnt mean you need to hold something which is going to expire at end of the month....!!

Most day traders have quick reaction for exit when they see small positive figure & do pre mature exit

& Late reaction when they see Negative figure They hold their postion hoping they will get out break even....

The day you learn exiting loosing postion & trailing profit target ( which is reverse what most traders do ) will be the day when you can consider day trading as your full time work

/r/Daytrading Thread