Reddit daytrading

Day trading is not about percentages like long term investing. Managing risk properly a day trader can use their whole account value with margin in a trade- making a few successful trades a day-just grabbing .25. 50-1.00 move on a stock results in $500 here, $1000 there, a good trader can make reliable income with a small account.

Tradingview has more chart types, indicators, community scripts, and drawing tools. The UI is more customizable (though I'd prefer a more condensed layout) and it has much better social tools such as chat and sharing ideas and scripts. It's heavily geared towards forex though, so if that's not your bag, you might find it only good for charting. 2.Assume this trade has a 50% probability and make a similar trade each of the next 10 days. 5 wins x 3% = +15% and 5 losses x -1% = -5%. So net you just made 10% in 10 days or 1% per day. It is an insanely hard skill to learn, but any decent day trader should be making at least 1% per day. Rayner teo is the best and most educational. dude, you're hilarious!!! You said exactly what rayneor teo does---he never shows his actual trading; there was an older blog post of a guy that went asking for statements from the youtube traders and Rayner teo had every single excuse about not sharing his actual trades.Welcome to r/DayTrading!. For beginner advice, brokerage info, book recommendations, and more, please read our Wiki here. If you're wondering why a stock moved a certain way, check out Finviz which aggregates the most news for almost every stock, but also see Reuters, and even Yahoo Finance.r/Daytrading book recommendations wiki! A lot of users have been asking this for a long time, and thanks to u/Spart248 (our newest wiki contributor) we finally have a books wiki. Let us know what you think of the list of books, descriptions, and formating. Also if you have any book recommendations related to day trading please suggest them here ... View community ranking In the Top 5% of largest communities on Reddit. Daytrading, when do you scale out of your positions and what time frame to use to find key levels? I was wondering what time frame should you chart while day trading to find key level of support and resistance. And when do you scale out of your positions and take profits?Yes options can make you lots of gain but I prefer straight stocks. Usually do 300k per trade. -2% stop loss, sell profits at 7-10%. I only focus on 2 stocks most the time. Tsla and spxl or spxs. 29. ThisPlaceisHell.

It was a newspaper add. Went there and payed some cash for the introduction course. Got a worthless diploma for the course and failed the last exam (it was a job test). But saw the possibilities behind the market. Remember to have a life. Fit trading into your life and not your life into trading. 2. TheRainMaker01.Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders.10 thg 3, 2023 ... But here's some random thoughts, no particular order: Take a short cut, steal this edge: https://www.reddit.com/r/Daytrading/comments/zdc7c7/ ...You’ll need to commit yourself to studying and learning, and a large amount of discipline, but once you learn the predicability of price becomes startling in terms of geometric patterns, etc. You’ll hear many people refer to “the price action,” but the only true price action trading is Brooks, Mack, Wade etc., just a 2000k tick chart ...Luck is when preparation and opportunity meet. You can’t make a living from trading by chance. The problem with the doubters, such as yourself, is that you think “day trading for a living” means a luxurious life style, when in fact all you need to do is pay your bills to technically be trading for a living.Day Trading is more about Personality: We trade differently. even, in real-time, if 2 people are talking live with each other, the way they perceive Price Action will be different. And those small differences matter. Sharing/Giving: Not everyone wants to share.It seemed logical that there's always going to be someone that knows more and can make better decisions than you. And trading for that could be an option considering that with the process of putting in the work, it could take a long time …9 thg 8, 2023 ... Join a community (not Reddit) and trade together as you learn along your journey. You will likely lose money as you play along. Paper ...

The course costs $99.99 and Udemy often discounts their courses. So you don't have to risk much if day trading isn't for you. That's why we chose Udemy as the best day trading course for ...Wallstreetbets is the Reddit trader community that initiated the hype of Meme stocks in 2020 with never-seen-before volatility and price spikes in stocks like GME, AMC and BBBY. The Wallstreetbets community still keeps growing. Meanwhile, the Reddit forum has 13.0m members. The official discord channel had over 600,000 members and …Ok so 3 months. Makes sense as the first 3 months of a funded account is the most crucial to build a cushion between you and the stop loss on the account. You shouldn’t be pulling $800 dollar days at the beginning anyways as the risk required for that is way larger than what you should be trading at that time.I already got a large portion of my previous gains locked into solid-dividend paying stocks. I also trade Oil futures daily. I can spend $500 per day just in transaction fees. I have three main tactics: 1-Send a buy order at X and a sell order at X+0.01; locking me $7.80 gain. 1. dogeblessUSA • 2 yr. ago. for me,probably the most profitable trades are waiting for a comparatively small candle (doji,hammer) either on 2M or 5M chart and play them with the trend. it allows for very small risk and potentially massive reward, often 10R or more.7. RoundTableMaker. • 2 yr. ago. you can day trade futures and options with much less money. 4. Edgar_Brown. • 2 yr. ago. I don’t know about futures, but trading options doesn’t reduce the capital requirements to become a pattern day trader, and without margin you might not be able to avoid good faith violations.

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robbyacim • 4 yr. ago. Yes! The instinctual and emotional behavior that drives the markets especially in short term timeframes is hard to duplicate in automation! I day trade futures ,specifically oil for targets of $250 to $350 in about an hour then take the rest of the day off! Tommyboy129 • 3 yr. ago. You can watch Meir Barak live on youtube every day. There is a delay but it is free that way instead of paying for his room. He doesn’t trade penny stocks. He trades mostly big names. tasaki • 3 yr. ago. I'd look at investhood.co which lists several different chatrooms.Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders.After 2 years of Daytrading. 7 months full time. Here's my advice. advice. Cleaning house because I'm bored due to obvious reasons. I’ve been seeing lots of questions about people wanting to learn trading. Have …Pick one that makes sense. Pick the setup (market, indicators, trading hours, etc) that makes sense to you. Then use that setup long enough that you really know it inside out. Overtime you pattern seeking brain learns to see when probabilities are more on your side. Use paper money for this.

I am a long-term QNT hodler, no plans on selling my actual coins any time soon. But, I’m wondering if any of yall have experience trading QNT on a…Day Trading Statistics 2023. Just fun, interesting, motivational statistics about us. 97% of individual day traders consistently lose money. Approximately 72% of day traders suffered a net loss in 2019. 40% of day traders quit within a month, and 87% quit within 3 years.Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders.r/Daytrading. Members: 964k. The tone of r/Daytrading sits somewhere in between Thewallstreet and WallStreetBets. Daytrading covers multiple asset groups but has an emphasis on very short-term trading strategies. House rules are: Stayon topic — this is a site for daytrading only.Bollinger Bands. When price touches the outside bands a trend is about to reverse. This is confirmed when the price crosses the midline and continues in the direction of the cross. Combine two or more indicators with price action and volume and you will be able to find reversal accurately. Always look for divergences in the above indicators.Here at Lifehacker, we are endlessly inundated with tips for how to live a more optimized life—but not all tips are created equal. The best ones are the ones that stick; here are the tips with the greatest longevity, according to Reddit. He...Day trading is learning to take advantage of opportunities. Skilled traders can predict their best odds to put on the gas when the market allows and days to sit back a bit. Trading a 100k account you can make 10-15k very easily and without taking excessive risk- On a day like yesterday when Powell speaks and markets move up 2%- down 2% and back ... For many day traders, achieving a 1-2% average monthly return could be considered normal, while others may target higher returns of 5% or more. However, it's important to remember that day trading is inherently risky, and many traders struggle to achieve consistent profits.You’ll need to commit yourself to studying and learning, and a large amount of discipline, but once you learn the predicability of price becomes startling in terms of geometric patterns, etc. You’ll hear many people refer to “the price action,” but the only true price action trading is Brooks, Mack, Wade etc., just a 2000k tick chart ...January 2023: +$4061, +29.65% : r/Daytrading. First official month as a Day Trader. January 2023: +$4061, +29.65%. Over the past 2+ years, I’ve spent countless hours studying the market and learning from other traders without placing a single trade until I felt ready. January 2023 was my first ever official month treating it as if this was my ... Things I've Learned After 15 Years Of Trading. stocks. Never underestimate the power of a momentum move. Up or Down. Once the freight train is in motion, it will keep going much further than most have anticipated. Price is the only thing that matters. Adapt to it, don't fight it.

Don’t shoot for 3x profits on your trades they don’t exist. 25%, 50% 100% is the best you’re going to get anywhere. I worked at a hedge fund and they take hundreds of trades a day. The small wins add up to big profits. Enough Said. Everyone wants to get rich in a few months or a year, that doesn’t happen for anyone. 3.

P-Huncho_20. • 2 yr. ago. If i day trade then i use 20 - 55 - 100 MA, and for confirmation 200 MA. I just use it as a further confirmation or to assess the actual market price relative to the MA. BUT i do not really on them, there are more important things. holycarrots. •. 69 and 420 ema. nice___bot.Respectfully. It's also true that the market is mostly random and that trading is, to some extent, speculative. No one can predict with certainty what will happen in the market. However, with a solid trading plan, good risk management, and a disciplined approach, it is possible to make consistent profits over time. If you have short-term capital gains, they are taxed based on your income tax bracket, which is nearly always higher than 20% and could go up to 37%. The tax man doesn't let you keep more money on your short-term gains just because you don't have trader status. 3. DragonflyRide.View community ranking In the Top 5% of largest communities on Reddit. Daytrading . I’ve been using Schwab to day trade and I have a general idea of how much I’ve made/loss but is there a actual way to see it organized without shifting through the history and doing all the math myself? I can clearly see equities but I’d like to see how ...2.9K Online. Top 1% Rank by size. r/Daytrading. Some encouragement for fellow traders! I am seeing real success after years of exploration and mixed results. 218 upvotes · 61 comments. r/Daytrading.It is very hard to break even from trading. You are better off staying out of the market 99.9% of the time. If you really want to make $50 a day consistently you should first prepare yourself for years of losing hundreds of dollars per day consistently.Absolutely yes. If you cover x axis of a chart, there's no way to tell if it's based on 5 min, 4hrs or daily candles. However swing trades are faced with more things that could break your plan when you don't expect them. Inflation numbers, government policies, ceo tweet, earnings report, analyst ratings, war news, etc.1.9M subscribers in the Daytrading community. Daytrading futures, forex, stocks, etc. 17 thg 8, 2021 ... start with the exchange website and learn the market mechanics of your market first. sim trade first. swing trade first. the shorter your time ...Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders.

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How can you do a 5k challenge when there are $25k daytrading limits on accounts? Too many trades on the same ticker in a day/week and your account…75. builderdawg. • 2 yr. ago. This is accurate. It sounds easy to say “don’t let your emotions take over”, but it is not. Revenge trading is real. One of the most difficult things for all traders to learn (including myself) is to not let bad days become disastrous. 20. ItsBlackMarlonBrando. OptionGuru is fake and only paper trades. 142. 84. r/Daytrading. Join. • 20 days ago. I just crossed + $375,000 in profits after 18 months of full time day trading. In that time, I have had a maximum cumulative drawdown of only - $6,419 with an average drawdown of -$1,000. This post is my holistic approach to risk management that any trader ... Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders.Here's my lesson. : r/Daytrading. I've lost a lot of money. Here's my lesson. I'm, I was, a full time day trader on crypto market. I was earning more within few days, than I was earning in my former job as a data engineer/scientist in a month. I was in dept though, and I wanted to settle everything down before an important event in the market ...After 2 years of Daytrading. 7 months full time. Here's my advice. advice. Cleaning house because I'm bored due to obvious reasons. I’ve been seeing lots of questions about people wanting to learn trading. Have received an influx of messages asking how to get started/go full time.I already got a large portion of my previous gains locked into solid-dividend paying stocks. I also trade Oil futures daily. I can spend $500 per day just in transaction fees. I have three main tactics: 1-Send a buy order at X and a sell order at X+0.01; locking me $7.80 gain. If you’re okay waiting until someone purchases the shares from you, the ask will always net you the most per share, assuming the order gets filled. If you’re trying to sell to “get out” quickly, you’re better off using a market order (if the spread is tight), or a marketable limit order (if the spread is wide). 3.Then you need to calculate your trade risk, which is the difference between your entry price and your stop (if you enter at $20, stop at $19.25, then your trade risk is $0.75). Now take your account risk ($10) divided by your trade risk ($0.75) equals 13.333 shares, or just 13 shares. Remember to round down. ….

14 - If you’re too anxious about any one trade your position size is too big. 15 - Don’t overtrade. Sometimes Day Trading is boring. Don’t force a trade just because you haven’t traded in awhile. Wait for the right opportunity, it will come. Last Thursday, I hadn’t traded for two hours, and then SPY started dropping.If I have the daytrading skill at level 2, can I change buy/sell orders that are within 1 jump from me -- but in a different region? For example, if…The Chicago Board Options Exchange Volatility Index, or VIX, is an index that gauges the volatility investors expect in the stock market. A primary reason day trading is a bad idea has to do with ...Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders.Day traders enter and exit positions on stock exchanges and commodity markets quickly in the hopes of earning a profit in the extreme short-term. A reliable law or rule for daytrading does not steer a trader in one particular direction or a...OptionGuru is fake and only paper trades. 142. 84. r/Daytrading. Join. • 20 days ago. I just crossed + $375,000 in profits after 18 months of full time day trading. In that time, I have had a maximum cumulative drawdown of only - $6,419 with an average drawdown of -$1,000. This post is my holistic approach to risk management that any trader ...Emotion 100%. They do not have an edge in their system (but often believe that they do). They do not have or follow a trade process. They have not developed a consistently successful trader's mindset. Because “most” traders that fail don’t put in enough time and effort to learn! Discipline and patience.Pick one that makes sense. Pick the setup (market, indicators, trading hours, etc) that makes sense to you. Then use that setup long enough that you really know it inside out. Overtime you pattern seeking brain learns to see when probabilities are more on your side. Use paper money for this.Day trading is not about percentages like long term investing. Managing risk properly a day trader can use their whole account value with margin in a trade- making a few successful trades a day-just grabbing .25. 50-1.00 move on a stock results in $500 here, $1000 there, a good trader can make reliable income with a small account. Reddit daytrading, [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1]