Showing posts with the label day traders

Common mistakes while on Day Trading (Intraday)

Common mistakes while on Day Trading (Intraday) Investing is a legend, where the trading is an art. Investing is likely a boring, but it's a mean of business. Patience is the key for the Investing and become its success. On the other hand, Trading is a quicker, so you would make bugs. There are few common bugs (or) mistakes that one as a trader would do this emotionally and non-practically. Herd mentality will mostly impact on market price, due to this fact one can also lose the money. Generally, Day Trading or Intra day is a risky one and it decides on Risk to Reward. You cannot just trade simply with the Emotion. You should prepare and practice before entering into the trading in the Stock Market. Be practice more on Paper trading, nowadays there are so many mobile applications available on dummy trade.   Once you plan to trade in real time, Plan for the Trading design . The Trading design is nothing but it's a simple plan that what would you need on today's marke