1. Track Everything
although you have got to work fast when you are using day trading systems , it is worth taking the time to pen everything down. This can enable to to tweak a marginal system into a rewarding one and make all the difference to your bottom line. A simple spreadsheet recording your position, the signal(s) and the opening and closing prices is sufficient during trading. Afterward you may need to add a comment. If In Doubt, Keep Out
This is a well known trading and investment rule. Do not gamble on something that nearly fits your system but not really.
similarly if you’re sick or under stress about another area of your life, it can be better to keep away from the market, especially while you’re still a relative noob. There will be other and better chances to learn day trading when you are feeling in top condition.
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