Reddit daytrading.

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 ... Swing trading in some respects is better than day trading or scalping in that the longer time frames involved are (somewhat) less prone to false signals. One of the things I like about swing trading vs. day trading also is that you have time to do a proper analysis, you're not rushing to avoid missing your entry. As far as "reliable," that depends.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.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. A 100k account would be enough to get it. That's equivalent to around 6%/month or 72%/yr, which is reasonable for a day trading account. Nah I think 7-10k should be more than enough if your goal is to make 300 a day (depending on your strategy and trading style). With a 100k account $1,000/day is very attainable.

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.

Day Trading Books. Books can be invaluable for any level of trader. Whether it’s a biography book, a “getting started” book, a book on technical analysis, or one about psychology. The amount of knowledge packed within the covers can save you time and is arguably one of the best ROIs for traders. But make no mistake, no book will make you ... I go for 25-40 points each trade. R:R varies per trade, but at least 1:2 or better. Hold time varies but typically about 8-10 minutes, sometimes more. I would agree with your range. I only have one chart that’s below 200, it’s just for slow periods I’ll say. The others are between like 350 and 600.

16 thg 5, 2021 ... I say day trade all you want but be extremely strict with your risk management. Never lose more than 1% per trade. That way you can gamble a lot ...Hi fellow Shibes, For the last couple of weeks I've been daytrading Doge and other cryptocurrencies. I really do not consider myself to be a pro at…Business, Economics, and Finance. GameStop Moderna Pfizer Johnson & Johnson AstraZeneca Walgreens Best Buy Novavax SpaceX Tesla. CryptoDaytrading is risky and not for households that do not have adequate savings. If you are young work a second job for a while to grab some savings. While I agree the pdt rules should not exist in the way they do they are here. Online poker is an easier to master at first versus day trading. Try that first as a way to build your bankroll.

View community ranking In the Top 20% of largest communities on Reddit. Daytrading vs swingtrading and investing ... In a lot of Datadash's videos he talks about how only a small part of traders actually do well in daytrading and how it is far more beneficial to invest and/or swingtrade for most people. ...

I was just clarifying something, because apparently this “Guru” is making banks using forex with crazy gains and some of my friends are with his same company called “EpicTrading” I mean some of his trades look real because he have a screen record of his phone and his MT4 says “Real” instead of “Demo” then I got to know from ...

Please be detailed. : r/Daytrading. What are your best setups? Please be detailed. *** EDITED*** for a clearer explanation! One of the best setups I use is called a 2nd entry. This setup works going long or short, and here’s how to maneuver it: This example is for going long In an up trend. Start by watching for a swing high candle (that ...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...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.View community ranking In the Top 20% of largest communities on Reddit. Daytrading vs swingtrading and investing ... In a lot of Datadash's videos he talks about how only a small part of traders actually do well in daytrading and how it is far more beneficial to invest and/or swingtrade for most people. ...Reddit leads class of 2024 IPO candidates testing the water. 2 min read 28 Nov 2023, 06:51 AM IST Join us. Bloomberg.While both day trading and scalping involve making short-term trades, they aren't exactly the same. Day trading involves making multiple trades within a single day, with the goal of capitalizing on short-term price movements in the stock market. A day trader might hold a position for a few seconds to a few hours, but the position is always ...

30 thg 5, 2020 ... ... comments. Top Posts. Reddit · reReddit: Top posts of May 30, 2020 · Reddit · reReddit: Top posts of May 2020 · Reddit · reReddit: Top posts of ...IMO that means your stop is too narrow or you have a bad entry. I'm just trying to figure out how you calculate your risk to reward. The day you did 115 trades and made $1000 if your average risk was $30 that means you risked $3450 that day. So that would be .29R for the day. Seems like a big risk for a small reward.3 thg 3, 2021 ... Day-Trading Reddit Users Nearly Crashed the Stock Market. Now They're the Organizing Principle for a New ETF. ... This story originally appeared ...Daytrading is dangerous bussines, as it's akin to gambling. Same as switching lanes during rush hour, yeah you may get a couple of meters in front but then you stop, and your ex-lane starts moving and surpasses you greatly. "Damn" you think and switch back and boom, you stop again and third lane starts moving now.1. BlueMist94. • 4 mo. ago. Thats not what matters. It’s the fact that he’s fully transparent with his viewers and reveals his trading history is why he’s highly regarded in the community. Most of the trading gurus you see on YouTube, even the well meaning ones, won’t show you their trading history or their PnL. 2. I go for 25-40 points each trade. R:R varies per trade, but at least 1:2 or better. Hold time varies but typically about 8-10 minutes, sometimes more. I would agree with your range. I only have one chart that’s below 200, it’s just for slow periods I’ll say. The others are between like 350 and 600.

r/Daytrading • 2 yr. ago Dvtrjosh Is anyone even actually profitable? Day trading feels like 100% algo driven bs question Let me preface this by saying I've got 2 years worth of screentime and experience and have studied and gone through some reputable price action trading courses and no matter what I do, I still end up losing money.

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! 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 ...You should talk to them seriously and threaten to take action if they dont cooperate. It is most unusual that anyone can just hack a trading acct like the way you deal. This hankotrade is not at all reputed brokerage but a small operation to provide possibly CFD trades those are not regulated. jnuggz710. •. Daytrading strategy for Forex pairs and stocks. Hello everyone, It's been a while since I posted anything on Reddit for this community, so today I would like to share an intraday strategy I use myself. Let's get straight to it. Strategy Basics - Name - 5 EMA Shorting Strategy Timeframe used - 5 Minute ...80% of all day traders quit within the first two years. Among all day traders, nearly 40% day trade for only one month. Within three years, only 13% continue to day trade. After five years, only 7% remain. The average individual investor underperforms a market index by …Since covid hit, my only income is from day trading the ES. Prior to that I was trading part time for probably a decade. Building my account. Once you get to a certain account size (everyone will have different needs) it is easier to produce consistently and avoid large drawdowns. Dec 1, 2023 · Cobra’s day trading platform, TraderPro, is well equipped with advanced charting capabilities. It features Level 2 quotes, hot keys and a locator to find stocks to borrow for short trading.

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This is subjectively my opinion. I like ES better because it respects precise levels better and easier to be precise. I like NQ better because it is a thinner market and more volatile so I feel 1:3 1:4 set ups are easier to find. I regularly get 80 points on NQ with a 20 point stop. 13 points on ES with a 3 point stop isn’t happening often.

7 thg 5, 2022 ... Share your profitable strategy · Trade back to 20 ema when price exceeds a bollinger band, usually counter trend. · Average in when trade goes ...Then get on a free website like finviz.com and start looking at thousands of charts. Look at the chart and then try and figure out based off of the setup and volume what you will do next. In any given trading day I probably look at 300-500 charts, every, single, day. This isn't easy, it requires work, hard mental work.The moving average is good, any YouTube content you find and want to watch, look at how many subscribers they have and how many views they have. If they have hundreds of thousands of subscribers as The moving average has then the information is likely pretty solid. You don’t need to buy courses, save this money for trading.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.The 20 Best Day Trading and Financial Subreddits /r/wallstreetbets. (15M+ members, or ‘degenerates’ as they relate to themselves, increased a lot after the gamestop short …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.Let's math out our 10 trades for Example 1. We win 4 out of 10 trades and we gain 4% on a win, so we multiply our investment by 1.04 four times. Then, we calculate our six losses by multiplying the result by 0.98 six times. (1.04) 4 * (0.98) 6 = 1.0363 (a gain of 3.63%) Now let's sort out our 10 trades for Example 2.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.Reddit leads class of 2024 IPO candidates testing the water. 2 min read 28 Nov 2023, 06:51 AM IST Join us. Bloomberg.

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.Real Day Trading @RealDayTrading ‧ 7.1K subscribers ‧ 55 videos We are the fastest growing trading sub on Reddit. Our mission is to help people gain financial …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. Instagram:https://instagram. specxtoday's top gainers stockshow to buy stocks on foreign exchangessba corporation Good trading is boring. It follows set rules, it waits when the setup is not there - it doesn't just take the best setup available. Because that setup may be poor from an overall risk management perspective. As a general example, you may be too aggressively trading a trend on what is really a range day. oxy dividendsprivate wealth manager Account to carry on a business for the purposes of the Act. For greater certainty, the Account Holder acknowledges that. this includes, but is not limited to, using the Account …25 thg 10, 2018 ... ... Reddit, has become a home for investors ... To anyone old enough to remember, what happens at Wallstreetbets might sound a lot like day trading ... what quarters have value 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. 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.