Being a day trader does not mean you must trade daily.
The name day trader comes from closing your positions on the same day, not from taking a trade every single day.
If your A+ setup shows up twice a week, you take two trades only.
If it does not show up at all, you take zero. That is it.
Your real job is not to force a trade every day.
Your real job is to show up, observe the market, and wait patiently for your setup with the right conditions.
Ask yourself this:
Am I forcing a trade today?
Or
Is the market actually offering me my setup?
The second question will save your capital from so many bad trades.
Discipline over desperation.
$PHA $FIL $PEOPLE
The name day trader comes from closing your positions on the same day, not from taking a trade every single day.
If your A+ setup shows up twice a week, you take two trades only.
If it does not show up at all, you take zero. That is it.
Your real job is not to force a trade every day.
Your real job is to show up, observe the market, and wait patiently for your setup with the right conditions.
Ask yourself this:
Am I forcing a trade today?
Or
Is the market actually offering me my setup?
The second question will save your capital from so many bad trades.
Discipline over desperation.
$PHA $FIL $PEOPLE