Day Trading Horror Stories

[IslandGuy]

Just started a discussion about success stories with day trading, so I guess it's only right to ask for anyone who is willing to share a nightmare story, or at least a trade that they missed out on or made a mistake with, so others (okay, okay .... me ) can learn what not to do.

I'm just starting to do some day trading and I realize it's going to be pretty intense, so any help in avoiding common pitfalls would be great to know. I'm aware of some and will post here too as I either learn about them or (hope not) experience them myself.

 

[Mirage]

Well as I said in your success story thread, I made some good money right off the bat. A pitfall to avoid is putting too much in. Just because you have one good day doesn't mean anything about the next day.