Day Trading is a business which involves high risk. You have to be strict enough to follow the correct methods & discipline.In order to be a successful day trader, you should be able to choose the right stock, you need to have the right tools and trade the right trading systems or strategies. However, it is just as important to have the right psychological and emotional outlook. Without the right psychology, your emotions will have a big impact on your trading, and may even prevent you from taking the right decisions. The two main emotions that day traders experience are Fear and Greed, and while you will probably not be able to remove these emotions completely, you will need to manage them correctly to be a successful trader.
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- Anybody having interest in the Indian securities market
