very important!! READ THIS BEFORE YOU START YOUR TRAIDING JOURNEY Successful day trading requires a combination of knowledge, skills, and traits as well as a commitment to a lifestyle. Are you adept with mathematical analysis, full of financial knowledge, aware of behavioral psychology (in yourself as well as others), and do you have the stomach for entrepreneurship? Contrary to the perceived notion of an easy life or easy money, day trading actually requires:
Long working hours
Very little leave from work
Continuous self-learning with no guidance
Risk-taking abilities
Never-ending commitment to daily activities of the job
The right mindset is the most important (and the very first) requirement in becoming a day trader. Unless you are prepared to devote time, self-learn, and be mentally prepared to take risks and suffer losses, do not try day trading.