Transition from unprofitable to profitable trader

Moving Beyond Mediocrity Working a typical 9-to-5 job can be monotonous. Many people just try to make it through the day. They can't wait for their shift to end. Some work settings are viewed as especially mundane. Many workers struggle to get through the day. They aren't passionate about their work. It's just a job.
Some newbie traders think they can take a similar mediocre approach to trading, but they soon find that unless they go the distance and make more heroic efforts, they will never achieve enduring financial success.
The goal of the short-term trader is to take advantage of the masses. Some of the masses are amateur traders, but some are professional institutional investors. Many part-time traders view trading as a hobby. They don't put the necessary time and energy into developing trading plans that will produce a profit. Institutional investors take a long-term view and are not necessarily worried about short-term variations in price. In both cases, these market participants don't put in extra effort to capitalize on short-term variations in price. The short-term trader, in contrast, searches for ways to capitalize on shorter-term fluctuations, wh

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