Focus on quality trades over quantity from "summary" of How to Day Trade for a Living by Andrew Aziz
When it comes to day trading, one common misconception is that more trades equate to more profits. However, this is not always the case. In fact, focusing on quantity over quality can often lead to poor trading decisions and ultimately, losses. That's why it's crucial to prioritize quality trades over sheer quantity. Quality trades are those that have a higher probability of success based on a trader's analysis and strategy. These trades are carefully planned, well thought out, and executed with precision. On the other hand, quantity trades are those that are made in excess without proper consideration or analysis. These trades are often impulsive, emotional, and lack a cl...
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