Intraday Trading

I’ve seen a lot of posts referencing over trading, revenge trading, bored trading, etc. None of these descriptions are TRADING!!! Trading is seeing an opportunity in the market to buy at a price which sets you up for selling at a higher price or selling at a price that sets you up for buying at a lower price. Spend your time learning how to recognize patterns in the market that create high probabilities opportunities for buying and selling at levels that make you profitable. Stop rationalizing these other behavioral tendencies that don’t lead to profits. Markets don’t care if you’re young, old, newbie, veteran, rich, poor, etc. if you’re not sure about entering a trade don’t enter. If you enter a trade have your risk clearly identified and act on it. There is no magic set up, secret sauce or course that is going to make you profitable. Your profits will depend on pattern recognition, appropriate risk parameters and trade management. Don’t fool yourself into thinking anything else. Treat it like a business, start with a prop firm and trade like an adult who is intent on being successful. Good luck!!!