Reddit day trading. The way I was taught, day trading is the same as gambling.


Reddit day trading " Just to add to other comments, active trader pro is completely awful for day trading, it takes way too long to set up and execute trades even for a market order and if you're trying to use trigger orders or OCO forget about. Learn something from someone who is successful and has made hundreds of thousands if not millions trading. I have done some research and it seems like there are many different resources out there, including online courses, books, and forums. 1-2 trades a day No trading when there isn't a large enough range for good RR Always manage risk No trades right after being with friends No closing trade before it hits stop loss especially on losing streaks, If news events We would like to show you a description here but the site won’t allow us. , but of all that happens just as often on rotational days. The only strategy which works in every market and any setup is placing a stop loss. I personally spent over 5 years writing a Sports Day Trading Software utilizing a Trading Platform for Forex and conventional Stock Trading. Which begs the question. I know most of these people on socials are full of shit, but are there actually people who make bank trading? I don’t see how that could be possible considering nobody can predict the market Share Sort by: Best Open comment We would like to show you a description here but the site won’t allow us. And trend days only happen about I'm getting into day trading and started paper trading a while ago, for the moment I'm primarily focusing on scalping, up until I get comfortable enough to day trade larger time frames. By paper trading indexes until you’ve gone a month trading every day and are green. I want to structurize and automate my days as much as possible. I have been trading 6+ years, after experimenting with day-trading for 2. We have personally used it in Las Vegas betting/trading over 3 million annually over the last 2 years before being limited!!! Getting Started Guide First, welcome to the sub! We know day trading can be an exciting proposition and you’re eager to get started. The digital age has made it easier than ever to access educational resources, and platforms like Reddit have become hotspots for discovering the best day trading courses. If a lot of beneficial information is on the web for FREE, why do majority of people who begin to day trade end up quitting? What mistakes are they making that a new novice should be aware about? What emotions should I try and conquer day trading with? Share Add a Comment Sort by: Best Open comment sort options Best thoreldan • This sub-reddit prescribes a specific trading methodology that focuses on finding and trading stocks/options that have "Relative Strength or Weakness" against the SPY. I usually only held bitcoin and ethereum. I have been using the 1-minute chart for almost a year now. Free discord communities IMO is just noise from those who haven't made it yet. Although I have less than 25k and I can only make I believe 4 trades in a 5 day period I really want to at least get a small aspect of short term trading. Conclusion Day trading requires a combination of education, strategy, and discipline. A great trade at 10am could be a terrible idea an hour later. I never try to discourage anyone from doing it, in fact I think the more you know about trading the more aware you are of the world around you. I had modest gains from holding but wanted to try and make more money by flipping coins and building up my portfolio on highs and lows. My last red day was over a month ago, and it was only about -$200, which is less than 1/10th my average green day. So today Even after passing funded account evaluations, I struggled with maintaining discipline, leading to significant losses and the realization that I couldn't control my impulses daily. how can I use this? for intraday traders, this report provides insights into market behavior throughout the trading day. 5 years, I am moving most of trades back to swing trading. I am thinking to try swings in addition to my day trading. . Make no mistake though, day trading is an extremely hard and difficult skill to master and become We would like to show you a description here but the site won’t allow us. Oct 7, 2025 · Find the top day trading tools recommended by Reddit users. I pushed Google, Reddit, and Youtube to the side and started having convos with ChatGPT. ChatGPT has been holding my hand and I am considering starting day trading and I am wondering how I should go about learning it. When I started taking a deep dive into day trading I didn't know 99% of what I was looking at. Reply reply landojcr There's nothing wrong with paying for a month just to see their live trading and understand how they think. It is just like a business blue print, providing guidance I enjoy day trading and have learned so much about it over the years. ) that you've found helpful in learning day trading? A bit about me: I have a basic understanding of the stock market and some experience with long-term investing, but day trading is entirely new to me. But was curious as to see what time frames do… I've noticed newer day traders joining the subreddit and asking all sorts of questions, which is good! I wanted to use this growth as an opportunity to put in my 2 cents for the newbies coming in curious to try day trading. If you are looking to Day Trades than you are scanning on a much shorter time-frame then if you were Swing Trading. When scalping 1 minute charts I can be in and out of trades in seconds if necessary and add the buy/sell code to any indicator or line. 29 votes, 62 comments. After all these years of testing methodologies back testing stocks,options, futures and forex, I was wondering what is the best platform for trading futures and Forex. The way I was taught, day trading is the same as gambling. We would like to show you a description here but the site won’t allow us. In trading you need to learn the skill to wait (5 star setup) and you need to accept of being wrong. Im looking for books or good reliable sources of information about daytrading and trading very short term specifically. No trading fridays, Look for news events, Always use a stop loss, and no moving it Close computer after the trading day. But both of them focus about long term inestments to grow wealth. How did you get involved in trading? What was your struggle? How did you overcome your struggle to become a profitable trader? How long did it take for you to get there? Thanks! Share Add a Comment Sort by: Best Open comment sort options [deleted] • Comment Real traders share their insights on whether day trading is worth it in this eye-opening Reddit discussion. For education purposes - share what works for you in day trading? Set of rules and tricks and let’s compare That depends on a ton of factors but most importantly the instrument you are trading. It is becoming my opinion too that you should be changing your strategy occasionally to account for changing environments, the difficult question is how regular? I’ve been diving into the world of day trading recently and I’m curious if it’s truly possible to make a sustainable living from it. I’ve been trading crypto for quite some time. because trading is more than just strategy but the true workaround is copying nancy pelosi’s stocks. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! There's so much you can actually learn about your trading after you've tracked 500, 1k, 5k trades. Day-trading doesn't work for me because I trade in SEK and when I buy a non-Swedish stock it means my trading platform exchanges SEK to USD and then USD to SEK when you sell. I traded full Welcome to FXGears. I'm Excellent piece of work. Best reddit communities for day trading Best reddit communities for day trading can offer a wide range of insights for both beginner traders and more experienced traders. Yes YouTube gurus will tell you to watch for shallow pullbacks and for volume building at higher prices and absorption etc. Everyone on Reddit is suddenly a market wizard on trend days. That said, I'm trying to start a very small account ($500) and was aiming for 5% - 10% gain on a daily basis. Any suggestions on what platforms to use? I'm new to day trading and wanted to write this out for any newbies like me. What are the best resources (books, courses, websites, YouTube channels, etc. By taking the time to understand the basics, creating a solid trading plan, and continually refining your approach through practice, you can embark on your day trading journey with a greater chance of success. I started to day trade crypto last year. The amount of knowledge packed within the covers can save you time and is arguably one of the best ROIs for traders. I've decided to shift gears, seeking traditional employment after acknowledging that trading isn't a sustainable path for me. There is no lag. Oct 10, 2025 · Day trading is where traders buy and sell securities within a single trading day to capitalize on rapid price movements. It’s probably more swing trading in my case but what stocks would you day or swing trade? Perfecting these patterns, combined with the habit of immediately exiting losing positions, completely transformed my trading, and the risk to reward on my trading strategy as a whole is absolutely incredible. What does your daily routine look like, and what tools do you use to structure and streamline your daily activities? Share Add a Comment Sort by: Best Open comment sort options Best Top New Controversial Old Q&A daytradingguy • For a beginner, what would you recommend as the best focus to learn and practice day trading on a Papertrading account when considering between stocks, options, futures, forex, crypto, etc? (article and report link here) "For those 1,151 day traders that persisted 300 days, 97% lost all of their money once commission was factored in. And neither do some of the best traders I know. trueI day trade, swing and scalp with the charts. A trader who consistently makes profit in any market condition. Here’s my secret to catching/trading trend days: I usually don’t. With numerous options How do i start day trading ? Hi , i have 1000$ and really want to start day trading , ive seen videos where people say they make 100$ a day doing day trading and that kind of money could literally change my life so I'm wondering if anyone would be willing to teach me or if there's a group or something i can follow so i would do the same We would like to show you a description here but the site won’t allow us. In my trading plan, I have a little appendix describing things like tools, education material, broker/product info such as margin/fees, trading holiday schedule, etc. What are the gotchas for swing trading? I started day trading in 2015 with zero experience. by identifying the times with higher volume and range, you can focus on periods with greater trading opportunities and avoid times of choppy price action with less movement. However there seems to be so many people who just crush it trading every day. I’d like to share what I’ve found about hodling and day trading. Oct 13, 2023 · Ready to skyrocket your trading game and connect with like-minded individuals who share your zest for the stock market? Look no further! We’ve delved into the depths of Reddit to bring you the top 17 trading subreddits that will help you find community, sharpen your techniques, and keep ahead of market trends in the finance world. I don’t use the broker integration. Dec 26, 2024 · I also did a lot of paper trading), Im back at 7500$. I was hoping for advice on how to make consistent small gains? Things I was thinking about: - Closing all positions if I reach a set amount 100-200$, or putting all into a ''safe'' stock / ETF - Using a stop loss so I never lose more then 50 - 75$ on one trade. When I first began trading in March 2020, I used the 5-minute chart for a couple of months, but switched to the 1-minute chart eventually when I started day-trading options seriously. Process is king. Interested in getting into day trading but not quite sure where to begin. You might begin to see that, according to your trading plan (so long as you have developed one), maybe you're terrible at holding to your target. Easy answer tough objective. After you are done with learning day trading, you can practice your skills. Here’s some things I would have done differently in my journey this far. Our subreddit provides a platform for sharing insights, discussing trading setups, and exploring different approaches to maximizing profits and minimizing risks in day trading. I’m not talking about becoming an overnight millionaire, but rather earning a stable income that can cover daily expenses and provide a decent quality of life. I built an app using webhooks to send orders from TradingView to Interactive Brokers. If you are a beginner, I think you can read books and watch videos to learn day trading. Share Add a Comment Sort by: Best Open comment sort options AutoModerator • Moderator Announcement Read This summer I want to dip my feet into day trading. For context I still have a regular job that I enjoy, but day trade/swing trade on the side. Especially the last page. My focus is on the NASDAQ during the New York session, and I believe that by combining our efforts, we can enhance our trading strategies, manage trades more effectively, and, most importantly, implement a Mar 17, 2025 · 77 Question Full time day traders, how do you spend your weekends? (self. I was wondering what are the major differences and tips you can give? I know daytrading has some specific characteristics, like the jerky open when price can turn in a split second, the lunch time doldrum and pick up activity after it. These online forums help day traders share knowledge, discuss market trends, and exchange trading strategies in real time. Self learning day trading with futures using support and resistance lines. Find out more now! r/Daytrading: Daytrading futures, forex, stocks, etc. Ive downloaded both "the intelligent investor" and "rich dad poor dad" to learn more about investing. But take a step back, read this post, learn from the resources provided and ask good questions! This will put you on better path to potentially being successful. I tried things like only trading when above/below the MA 200 day etc, but no joy. Everything is instantaneous. Day trading check out Ross, watching his live trading is very helpful MadazMoney for inspiration RaynerTeo for learning pretty much everything HumbledTrader for humour and decent tutoring Eatsleeprofit has a few videos but extremely helpful Zed Monopoly for simplified raw content and a rather simple strategy. Is this a reasonable goal? If not, what would you recommend? Hey everyone, I'm looking to dive into the world of day trading and I need some guidance on where to start. This was my last post. Best platforms for simulated trading? Any good platforms to practice trading without having to use real money? I’m practicing to become a day trader, watching a lot of videos and reading, now want to actually practice trading but of course not ready to risk real money. I am wondering what methods have been most effective for others in learning day trading? If you are asking the Reddit forum they will tell you that scalping is taking short term profits based on candles on charts turning green and red. Market Analysis and Insights: Stay ahead of the curve with market analysis, insights, and commentary on stock market trends, price movements, and trading opportunities. I didn't know what a wick was on a candle let alone the hundred+ indicators in TradingView. With a diverse range of topics, from day trading to 13 - Day Traders trade what is in front of them - price action, technicals on the Daily and 5/1 minute (mainly), market conditions of that day, volume, etc. If you ask a professional trader, they will tell you scalping is taking profits out of the market based on temporary imbalances in order flow (independent of timeframe). For those who don't know, I like to do these kinda write-ups on weekends for when people have a break from the market and can read up a bit. I recognized for all the mistakes that I avoided in day-trading, I could've saved up tons of money plus the gain in swing trading will outperform day-trading alone by a huge margin. I am way more relaxed now and My simple PROFITABLE day trading strategy that I use after 3 years of basically trying everything. Once again, I have ones I recommend, but there are many out there that give you great stocks to trade every day. 63 votes, 126 comments. Whether it’s a biography book, a “getting started” book, a book on technical analysis, or one about psychology. Learn more. $1000 trading futures with micro contracts you could definitely make over $100 a day. Day Trading Books Books can be invaluable for any level of trader. Improve your trades with the best tools for success. You’ll always lose in the end. But make no mistake, no book will make Apr 14, 2025 · Best Day Trading Courses on Reddit: A Review Introduction In recent years, day trading has surged in popularity, drawing in both novice and seasoned investors looking to profit from market fluctuations. they actually made a trading bot copying her and its very profitable. I'm reaching out to the trading community in search of a reliable and like-minded individual interested in forming a trading partnership. If anyone here does not already have a well-defined plan and rules, do spend some time to create one. I would love to hear stories of traders who have made it to the top. By now you should have a good idea of what you want to scan for as well. Daytrading) submitted 16 hours ago by Fsyh Do you like to prepare for the upcoming trading day/ week or do you try and relax as much as possible and clear your head? May 20, 2025 · What I've learned most from Reddit crypto day traders is that success requires both technical skill and psychological discipline.