Day Trader Emotions

The obstacles of the day trader are:

Fear - Fear causes the day trader to hesitate and freeze when positions should be entered and exited. Fear can also cause day traders to take losses,

Doubt - Doubt causes great opportunity to be missed and causes a mind to be scattered and without firm direction.

Greed - Greed will cause day traders to hold onto positions too long often causing profit to turn into loss.

Hope - Hope will cloud the eyes of probability. Hope is not for day traders.