Psychology
One thing is to learn about the strategies, price patterns, risk management, indicators and many other parts of technical analysis within daytrading. That is certainly important.
Daytrading unfortunately does not mean that you will only experience winning trades. Even the most talented daytraders experience bad days – or weeks – with a series of losing trades and unforeseen economic losses. It can be really hard to review without losing faith in your abilities.
It is therefore just as important to get control of the psychological elements and their emotions when you are a daytrader. Unfortunately, it is much easier said than done, but we hope that the following articles can help you get the feelings more under control when trading.