Being a day trader is a great way to make money online; however, like anything in life and money making, there are always pros and cons. The con that we as day traders need to keep in mind is how much emotions can impact our decision making process. If you want to learn how to make consistent money online, you need to learn how to make good trading decisions. The quickest way to make poor trading decisions is to allow your emotions to sneak up on you. These day trader emotions can come in many shapes and sizes. In this situation, I was coming off of a day where I made a very large winning trade! I have learned over the years that when this is the case, I need to “chill out” the following day as I may have way too much extra confidence. Or, in other words, my ego may be way out of control.. An ego that is running rampant is a great way to get yourself punched in the fact with a sledge hammer. So, how do I deal with situations such as this? Let me show you using some of my personal day trading results that I captured on video!

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