What is day traders biggest problem?

leroy.rushing Staff asked 3 years ago
1 Answers
leroy.rushing Staff answered 3 years ago

It is hard to say what is the biggest! Day traders often have so many problems, and probably the most prevalent today is “trading TIME for potential MONEY”
With so many resources available on the internet, traders often end up with “analysis – paralysis.
I would also say…over analyzing simple price action conditions with too many technical indicators, systems and strategies to make the simple decision.
Either Go LONG, Go SHORT or sit on your hands.