Who can make money in day trading?
Updated
Everybody comes in to the "Trading World" with the hope that they can make millions in few days. Truth is there is no business which will give such money without proper knowledge, hardwork and experience. Technical reasons for failing in day trading are lack of trading plan, not using stoploss, no technical knowledge and lack of risk management. Apart from this people who trade for emotional thrill, for entertainment and with the dream of making millions lose money. There is also another category. People who have day job, trade in between their work and lose money as trading needs proper attention and alertness. Trade with proper knowledge and when you can treat trading as your first priority. Be mindful and always give your best to get success in trading!
Note
"Nobody can make money in day trading" is a myth. Right mindset with trading skills make you rich irrespective of whether you are scalping/day trade/swing trade/invest.Note
"Earth was flat" till some one proved its not. "Day trading" is tough till some one proves its not. Thank you guys for the comments :)
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