One of the most important characteristics a day trader must have, if you want consistency within your trading strategy, is confidence! Being a day trader is not easy. In fact, it will be one of the most intense challenges you can choose to accept. Confidence will be a huge driving factor within your journey. Not only does being confident help when it is applied to overcoming those though times, but as you’ll see in this video, it also helps in remaining calm and ultimately profiting from a situation. One of the jobs of a day trader is to put their money where their mouth is when they have conviction within a trade. It’s hard to have conviction without confidence (which is why it’s so important), but conviction can lead to overall profitable results. You absolutely need to understand probabilities and “most likely” situations, but when you do, you can allow conviction to guide you to remaining calm and profiting. Let me show you what I mean!

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