It’s a quick fix. The day trader is a gambler at heart who is looking for the win. 3 days is a long time on those terms. Patience would be rewarded but does not suit the temperament of he or she.
Case in point – Linde was purchased 2 months ago and gave a nice return of 14% and a dividend. This was a forgotten stock in the portfolio. Everything else was for the short term gain of 100/day. Yes a return for the first quarter of 12% is not bad but maybe it could have bene more?
confessionsofadaytrader 