SIMPLE TRADING TIPS
- Successful traders focus on few strategies, master them, and ignore a) the so-called "experts" who've never traded, and b) the frenzy, hype and spin of Wall Street.
- Winning in the stock market is directly correlated with how well we lose. No whining!Blaming yourself or others for bad trades (which we all make from time to time) is a sure sign you're doomed as a trader.  Complaining doesn't make you a better trader.
- It's OK to stay on the side lines when the stock market is going nuts.  Whenever things get uncomfortable for you, you can always elect not to play.
- The criteria you would use to identify a stock you'd want to own for the long term may not the same set of criteria you'd use in finding stocks to trade, although they both complement each other.

What are the most common attributes of successful day traders?

 Fearlessness for one.  When the market is moving quickly, you have to jump in, but most people just freeze.  .
The second attribute - multi-tasking - women will appreciate Even 60-year old grandmothers trade futures successfully.   They study harder, paper trade longer to hone their technique, and are used to multi-tasking - looking at a chart, talking on the phone, changing a diaper, and clicking at the same time.  Navy pilots also make good day traders.  If they can land a rocket-ship at night on something that is bobbing and weaving in the middle of nowhere, day trading is a piece of cake. But, anybody can do it, provided you master these two attributes.
A third attribute would be the ability to gage risk and embrace it.  You don't necessarily have to be an expert, but you have to be able to operate in the now.