5 Daily Habits of Successful Day Traders

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?Time stamps:
1:14 Being detail oriented as a trader
3:48 Have a regular workout routine
6:34 Learning from solitude
8:31 Be resourceful and take action for your own trading
11:28 Accept that only the market is correct all the time

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Here are 5 Habits of an Effective Trader. These habits don’t seem like they are related to trading but having them in real life definitely helps with trading discipline.

1. Being detail oriented- This allows you to stick to rules, and paying attention to stock details.
2. Workout regularly- Having a fit body allows your mind to be sharp with fast responses, also allows you to recover faster emotionally when dealing with trading losses.
3. Learning from solitude- Our mind need peace and stillness in order to digest all the information we observe from the market on a daily basis.
4. Being resourceful when trading- Stop looking for shortcuts and easy money to be handed out. Take action and be responsible for your own trading success
5. Having humility- Recognize that you may not be right in the market all the time, and learn to cut losses before they blow up your account.

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DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

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