Post
Topic
Board Trading Discussion
Re: What is the first rule of daily trading in your opinion?
by
Monnt
on 28/10/2017, 16:28:38 UTC
Never take your eyes off the market for day trading!
Apparently that is why it is called day trading, isn't it? That is where the difference between a long term trading and day trading comes in. You have to keep monitoring the charts, making pretty fast decisions and then playing out your strategies on each one. However, first rule is never bite more than you can chew. Have a strategy, stick to it and learn from your mistakes.