Part of being a day trader in the stock market (or any financial market for that matter) is needing to take risks. As the cliche’ saying goes, “no risk, no reward”. When you have gained experience in the world of day trading, it also means there will be certain times where you need to increase your risk. There will be times where you see certain circumstances and deem it worthy of needing to take on more risk so that you can, potentially, gather that much more reward. I had that situation take place in this day’s trading results. As the title implies, the bigger risk did not work and yeah, I found myself in a place I did not want to be. This is where being a day trader can officially get tricky. You are mentally in a place that human nature wires you to NOT be happy about, so how do you navigate these tricky periods? Instead of looking at some kind of textbook that is based in theory, let’s take a look at how this psychology plays out in the real world of day trading.

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