1. Presently market is trending upand that is the reason the day traders are making money. In a rising market the day traders trade aggresively as they consider themselves helping in making the economy boom.
2. More than 50% of times market moves sideways and its very difficult to make money in a sideways moving market as direction of the trend is not clear.
3. Similarly a normal day trader do not make much money day trading in a falling market because a falling market is again the human psychology and when he makes a short transaction the day trader feels he/she is guilty of making the falling market fall all the more.
4. So human psychology affects our trading patterns.
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DAY TRADERS MAKE PROFIT IN RISING MARKET
