The SECRET to Becoming a Day Trader | (Peter Tuchman Wall Street Veteran)

Here is the link. 

Think about risk reward ratio, how much are you willing to risk of losing instead of gaining. 

Losing $200 dollars to make $50 will not work. 

Four trades made $100 each, but fifth one lost $8000 dollars. 

1. Price action and technical analysis 
2. Stop order 
3. Do not turn a winning trade to a losing trade
4. Three trades in a row - Go home, no revenge trading 
5. 5 secrets - 

1. Have a plan 
2. Price action and technical analysis 
3. Stop order 
4. Take profit as you can 
5. Do not turn a wining trade to a losing trade 
6. Three trades in a row - Go home, no revenge trading 
7. 50% better a trader