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. Only you can decide to overcome your own particular brand of limitations while maximizing your strong points. There are some major issues in the psychology of trading that are unique and they are discussed below. Confidence We will give you the tools and support to help you develop inner confidence to be ready, willing and able to function as an electronic day trader. Watching, learning and paper trading will help you develop confidence in your own decisions.