Top 5 Day Trading Beginner Mistakes to Avoid

Day trading is a serious endeavor that shouldn’t be taken lightly. As a day trader you are competing against professionals, algorithms, and large trading firms for profits in the markets. If you hope to make money you will need to operate like a business and not like a gambler. Success in day trading will require planning, speed of execution, and emotional discipline to compete.
Let’s look at the five biggest mistakes that new traders must avoid if they want a chance to be successful, which is measured by profits.