daytrade diaries... december 1, page-28

Specialist:

Another observation on that one. Day trading sentiment has changed over the years from the bullish days of the tech boom when the view was day trading was easy money. Couldn't go wrong in that market in the US at least.

Today if you google Day Trading you will see lots about most day traders fail.

The tendency I am noting at he moment is day traders who only place trades once or twice a week have the best success. I am thinking in the light of the coin toss theory that they are only trading dead certainties and reducing risk of loss altogether.

So in other words if you only trade no brainers - where the risk is negligible you can take a bigger position size on those days - and avoid any risk at all on "maybe" days.

Still means you have to watch the market every day - or at least the open.

Luck all - the bell is about to ring, time to work.