Learn To Day Trade: Lesson 1

Trading is like predicting weather: it involves understanding and recognizing patterns, defining strategies, and identifying high-probability setups. Successful traders live modestly, and are characterized by low ego, consistency, and generosity. Balance your risks, rewards, and probabilities. Learn to benefit from two high-probability trading setups - the 'ABCD pattern' for long trades, and 'faders' for short trades.