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If you are a beginner day trader, I assume it is obvious when I say that you must have a good day trading strategy if you want to consistently make money. Statements like this are what makes day trading success so difficult. I know the statement “sound good” and “sound obvious”, which are true, but how do you actually know if you have a good ay trading strategy? While I realize many new traders may say, “well, are you making money?”, this is still too simplistic. If you want to know how to tell if you have a good day trading strategy, there are certain details you must pay attention to, and they’re not obvious. I remember when I first got started, I would just assume that if I was making money then that must mean I knew what I was doing. It meant that I had a good strategy that I could depend on and consistently make money from. The more I’ve learned over the years, the more I’ve learned just how complicated developing a quality day trading strategy can be. I want to share with you a few quick tips that can help you begin to narrow down whether or not you’ve developed a good strategy for yourself. I also want to show you how you can protect yourself from giving up too soon on a strategy. For all you know, you could be right on the edge of a great strategy and then mislead yourself. So, do you have a good day trading strategy? Let me show you how to tell…
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