How can I become proficient in day trading and accurately predict price movements in the stock market?

Successful intraday trading requires patience to wait for optimal setups and discipline to stick to your trading plan. Intraday trading is understanding how the emotions, behaviors and decisions of buyers and sellers influence price movements.

Technical analysis such as candlestick patterns, support and resistance levels, trend lines and indicators. These tools help you interpret price charts and identify right entry and exit level.

Volume chart indicate volume reflects the level of market participation. High volume during price movement indicates strong conviction, while low volume indicates caution or lack of interest. You need to study price patterns like heads and shoulders, double tops/bottoms, flags and triangles. These patterns reflect the collective psychology of traders and can indicate potential reversals or continuations. 

Historical price movements to identify patterns and reactions to specific market conditions. It helps to anticipate future price movements. Identify support and resistance levels, Buyers and sellers usually react at pivot points. Identify these levels and understand how price behaves.

Focus on New and events. how news affects market sentiment. Economic data releases, earnings reports, geopolitical events and market news can trigger rapid price movements. Monitor bid and ask orders in watch list window. Unusual order flow provides insights into short-term price direction.

Emotional trading often causes from inadequate risk management. Determine the maximum amount you are willing to lose on a trade and adjust your position size accordingly. Maintain emotional discipline. Fear and greed are common emotional drivers. Having a clear business plan and sticking to it can reduce impulsive decisions.

Use multiple time frames in chart to know short-term and long-term trends. It helps you make informed decisions based on different perspectives. Document your transactions, including the reasoning behind them and your emotional state. This will help you identify patterns in your decision making process.