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It may be true that no two humans or day traders are exactly alike. But after having dealt with literally thousands of traders in my career, I see themes.
It’s useful to know these themes before you embark on the day trading journey, because making certain decisions at key intersections of your journey can save you a lot of grief and money.
Phase 1: Beginner’s luck
Given what you see on social media, it’s no wonder that day trading looks incredibly appealing. We hear about people who seemingly plop down at a keyboard as a beginning day trader and make a wad of