Trading is not an easiest job to do,as it requires year of practice
with control over emotions over a period of time to be profitable on
consistent basis. Let me share my experience what qualities a trader
require to be a professional day trader
Never Buy Auto Buy and Sell Software
Most
of traders are interested in Buying AFL for Amibroker , Program from
Metastock which gives automatic Buy and Sell signal. What looks so
easy is the most difficult thing to follow.
Think logically if it was so simple buying a software program and to trade why 90% of trader lose money doing day trading ?
The
biggest problem with such software is they cannot adapt for changing
market conditions, as they cannot be tweaked once you have purchased and
which lead to huge losses to traders. Some program can perform great
when Volatility is high but fails miserably when volatility comes down
.