How to become a professional day trader?

Day trading is not an easiest job to do,There have been studies to prove that only 10% day traders actually make money. 7% of those day traders are breaking even and 3% are the traders that are actually making money.  Let me share my experience what qualities a trader require to be a professional day trader

1. Beware of People selling  Software

Most of traders are interested in Buying AFL for Amibroker , Program from Metastock or any xyz software 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..

Continue Reading