Posts

Day Trading Behavior and Myths

  Written by Parth Mavani   "Day trading: The best job in the world." You can earn money while you are still sitting on your bed. It's a crazy lifestyle where you work for yourself, have tons of free time to travel, and so remotely available that you can work while on vacation in Goa sipping beer. Is this true?   If you have already started trading, you might have a gist of what I am trying to say here. Day trading sounds impressive, but it's too good to be true unless you know the game. It is because the Market is a wildfire and you may burn yourself and your money if you do not know how to dance with its fire. Hence. you should check your dance steps – analyze yourself and your attitude toward trading. Let me explain that to you, discussing a few negative behaviors and myths traders have that you should combat .     1.       Not understanding your capital. For a while now, I have been noticing people sharing photos and stories o...