Can you be a profitable day trader on your own?
TRADINGFEATURED
"Find education that appears to resonate with you. Gain knowledge. Repeat..."
Yes, follow these steps and go ghost.
Find your strategy: This takes much less time than you realize. Research until you find one that you understand. Back-test it to ensure that it has a profitable win rate and RR. Congratulations, and never change if the win rate and RR are profitable.
Master your mind: As soon as you find that winning strategy, you are the only thing holding you back from making this all happen. Understand this accept it and improve. Focus on your discipline and patience.
Invest in yourself: Find education that appears to resonate with you. Gain knowledge. Repeat.
Bring your A-Game: Trading is not easy, thinking that it is, is a huge mistake. Your willpower will be tested but you can not just quit. Be patient, accept losses when they come, and be resilient.
Resilience and evolution: You need to focus on getting 1% better every day. It would help if you were constantly evolving, becoming better and better but more importantly in your mind.
Important Notes:
Yes, becoming a trader is hard.
Yes, it takes a lot of practice.
Yes, you can pay for a mentor.
Yes, you should be humble and take advice from more experienced traders.
Add these to your list of trading improvements and you will be surprised by how far you can go.
Credit: Quora