The stress I refer to is having to pay attention to the price action as it unfolds. Making decissions on the fly, having to constantly be aware of what is happening.
The less decisions you have to make, the better Trader you'll be, I've heard it once said. Now I sound like MillionsofWarthogsandLions.
Hello Laissez Faire, Correct. Another issue day traders have is wrong account size for how they trade.
For me the problem is not the stress. As @Laissez Faire says, stress is usually a function of excessive leverage and being clueless (although aren't we all? ) But as @deaddog (I hope it's just playing dead ) has explained, it's very easy for daytrading to become a chore/dayjob/overtime, particularly with a small-ish account. But then I also see the appeal of making an extra effort, chasing the dream, doubling your account X times in a row and just retire early and rich. To each his own and best trading to all.
I've gone to swing trading about 100 days ago. The challenge was finding the low and I was way off on some picks but quite accurate on others. With the tech sector coming out of its misery my long sells are triggering nicely.
Good Morning Picaso, Every problem have a solution. The same goes with Trading. Day trading or Swing Trading, it does not matter. The goal is the still the same, make a lot of money trading in a short period of time or quite and Dollar Cost Average in SP 500 Index at full time 9-5pm job.
Why the fuck does that matter to you? You say over and over that the markets move in only one direction...UP Swing trading should be a breeze to you. Oh, I know, you could not stomach the downward volatility we have seen since Trump started his tariff nonsense, and you are not so sure? Grow a set of balls you POS. You either believe the shit that you spew and proselytize, or you do not. MAKE A DECISION, AND STOP MISLEADING THE READERS OF THIS FORUM!.
If you have your 10.000 hours and (as a result) a very detailed understanding of how the market operates from a day-to-day basis through various market regimes, I don't see why the actual trading execution should cause anyone a lot of stress, unless you're leveraged to the hilt. To the degree day trading stresses me today it's more about being on my desk on time as I know very well that if I for example miss the Open I may miss that one big opportunity for the day. Also, actually having to spend time at specific hours each day. In a sense, it can feel like a job where you have to show up each day. But even with day trading you do not need to trade every single day, nor do you need to be a high frequency trader. My ideal trading day have one single round turn buying the low of day and selling the high of day (or vice versa). You do not need to make decision on the fly, either.