3. Day Trading Rules For Beginners

Final Thoughts – Day Trading Rules

Most of trading is simple, but not easy. Conceptually, it’s simple to take a course on technical analysis, risk management, and trading principles. Conceptually, it’s simple to find a simple technical trading strategy that has a positive expectation.

However, none of this is easy. Hurdles like a bad mindset, overriding your trading plan, sizing your positions too big, and overconfidence almost always get in the way of new traders. And that’s okay.

The difference between the traders who remain losing traders and those that cross into profitability is simply acknowledging their drawbacks and working on them.

It took a long time before I developed the self awareness to realize what was causing those actions.  My hope is that by reading this you will avoid the years of trial and error it took me to learn these important lessons.

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