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Worries of Day Traders
Here is what traders choose to worry about (among others I am sure). These so-called worries are usually in the form of a question and revolve around losing money:
1. Will this trade make money?
2. Will this trade hit a profit target?
3. Will this trade reverse quickly against me?
4. Will my gain turn into a loss?
5. Will unknown news affect my trade?
6. What if I have not done enough homework?
7. What if my strategy is not sound?
8. Will Cramer disagree (I had to throw this one in)?
9. What if I get out too soon?
10. Did I buy the right stock?
11. What if I miss a potential move?