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Day trading can be an amazing way to make good money, or an amazingly stressful occupation. No matter what some may say, it's not an easy ride. You have to put some serious work into it.

Day trading commodities and stocks is more like a highly lucrative job. You need a number of firmly ingrained habits to be successful at it.

Habit number one is having a good sense of time. Anyone who can't get out of bed first thing in the morning or has trouble thinking before that cup of coffee is someone who will only be made miserable by day trading. The best time to assess the way you should play the market today is right before the opening bell. That's at nine in the morning in New York Cit, or six am in California and five am in Alaska and Hawaii. You can't just be an early riser. You also have to have a great internal clock and a good scheduling system.

The second necessary habit is having good quantitative thinking skills. Working on hunches will allow you to make or lose money in day trading. You need to be able to read and understand the numbers without thinking about them if you want to make good decisions. You have to be able to convert and analyze the numbers in your head carefully, so you'll be able to tell if something is a blip or a lasting trend, and you have to be able to act accordingly.

Of course, that doesn't mean you have to be a trained mathematician. You can learn how to deal with numbers correctly, even it's never been your strong suit. Some numerical skills can almost become second nature once you get going.

Another habit all successful day traders need is to combine patience, organizational skills, and a strategically short memory. This is a hard skill to learn, since you can't allow yourself to feel disappointed if you miss getting a stop at its top, or if you lose money because the short you were hoping for never showed up. Don't get caught up in your losses, or over focus on the times when you really pick a winner.

Habit number four is dedicated research. Day trading won't require going through accounting statements to the degree that conventional long term investing does, you do still need to have a constant inflow of analysis and data. You also have to be proactive about the shares you buy and sell. That means making quick, accurate judgments and acting fast. The only way to make the correct judgment calls is researching properly. However, you shouldn't let the need for research paralyze you.

You should also keep in mind the fact that much of this analysis isn't directly done by you. The best traders always keep lots of tools available, and can quickly access a number of different data and research services.

If day trading appeals to you as a new career, you'll have to build up a support network. You'll need to find some investors willing to help you apply leverage, as well as a good broker.

If you believe that you have all these skills, day trading offers an exciting and fascinating way to make a huge income. It's a job you can honestly consider fun, and if you have what it takes, it'll be pretty enriching, too.