PART I
Psychological Truths and What to Do about Them
I’m amazed at how seldom the day-trading training programs address the vital subject of beginners’ emotional response. Anyone offering instruction in this work should know that day traders will not have consistent success until they’ve learned to control their emotions.
Therefore, my first goal is to explore the psychology of day trading, and to offer my hard-learned advice. I’ve placed this part first so you’ll study it first. My hope is to dissuade you from thumbing to the technical-strategy chapters—not until you’ve thoroughly internalized what’s here.
Why is this so important? It’s absolutely critical to understand yourself before you get deeper into this high-stress career.
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