1. Track Everything
even though you have to work fast when you are using day trading systems , it is worth bothering to write everything down. Again this is a habit you can train yourself into while in demo. You’ll be amazed how much it helps you to grasp why things went wrong or right when they did. This can enable to to tweak a marginal system into a rewarding one and make all the difference to your bottom line. An easy spreadsheet recording your position, the signal(s) and the opening and closing prices is sufficient during trading. Afterward you may need to add a comment.
2. If In Doubt, Keep Out
This is a famous trading and investment rule. Do not take a chance on something that almost fits your system but not actually. It may work once but over the long run this will lead to disaster. There is likely a reason why the system is set up for the signals that it has, and if the market does not fit, don’t force it.
equally if you are sick or under pressure about another area of your life, it can be better to stay away from the market, especially while you are still a relative beginner. There will be other and better occasions to learn day trading when you are feeling in peak condition.