Day traders' weekend lounge May 20 - 22, page-15

  1. 12,794 Posts.
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    I wish you well in this endeavour - however it would be remiss of this old codger if I did not point out that you are putting yourself under immense pressure if you have the need to make at least $4K profit per week.

    Day trading is way too precarious, without adding that dimension. For example, not every week will be a winning week and just envisage you have a month where you are down $10,000 to $20,000 (please believe me when I say this is possible - (just ask the many day traders who have been at this for some years). At that point you will be an emotional wreck and make many irrational trades, disregard your trading plan, and will not be focused on executing your plan.



 
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