Cut losses short, let winners run. Have excellent money/risk management. Cliche but thats what I find works.
I'm learning it's all about money management. When I started looking into trading, that would have been the last thing to cross my mind when I thought about being a "successful trader". Now I'm just trying not to be "self destructive".
Here's another regurgitation on the theme of money management. Don't be afraid to take losses. Just keep them on a tight leash.
If you want love, buy a puppy, not a stock!!!! When in doubt, soes it out. (a saying from the 90's, but still works today)
So true. Re. "How to make money day trading the right way." Why does everyone think that to be a trader they have to day trade? I work a 9 to 5 job and make good money on the side swing trading. I have nothing against day trading, it's just not my strength and there are alternatives. As far as strategy, here's a good answer: