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2) Something they will never teach you in a Day Trading school. If you put a hard stop in a small cap Day Trade. You are a Bullseye target and almost guaranteed they will take you out. One must learn to use mental stocks and make quick decisions when they are hit.
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The dilemma with Day Trading. 1) If you don't have the time to actually watch the trade all day. Then you shouldn't be Day Trading. Why? Because you are competing against a super computer that doesn't take breaks, Doesn't eat of use the bathroom. It can move quickly against you.