Fully agree Warnie
When day trading if it goes down at all you have to sell, the only way it can go is up and if it doesn't go up it is not suitable for DT
Day trading you are only holding for a few hours so you don't have time for a recovery, move on to the next one
I personally usually only hold for a maximum of 2 hours and if you are trading 5 or 6 shares at a time you don't have time to muck about, it's in and out without hesitations, no time to think
If it was easy everyone would do it
ST trading is a little different and LT trading is a totally different ball game
You have to make up your mind what your plan is and STICK to the B plan
Fully agree Warnie When day trading if it goes down at all you...
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