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Keys to Successful Day Trading

Posted By On 10/20/2010 12:01:00 AM Under
Successful day traders have the following attributes and one must make sure to develop these qualities as it will see one staying longer in the stock market. Develop following traits of successful traders.
1. They stay neutral;
2. They have a business plan;
3. They keep a journal;
4. They focus on 1 to 3 techniques that suit them well;
5. They are great money managers;
6. They are comfortable with risk and uncertainty;
7. They accept personal responsibility for all of their trading action; and
8. They use risk capital to trade.
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