Market forces in general are beyond our control. But we believe that a large part of learning to be successful in the market can be attributed to strong mental and psychological habits. Another part is developing a consistent system that will help put the probabilities on your side. We think it's particularly important to focus on what you can influence. Trading psychology is so important that our company philosophy is based in a large part on giving you the support you need as a new trader to help you get off on the right psychological foot.
Day traders are in a unique position of trading quickly in and out of the market.
At StockCamLive we focus on a long-term career in the market although many of our trades are short term in nature. Day traders MUST be adaptable, consistent, persistent and focused. Those are some of the most important characteristics a trader can develop. Day trading has unique demands. We believe that certain psychological characteristics are critical.