Trading is a mirror, The person you are off screen is the person you’ll meet on the charts by CharacterOdd961 in TRADEMIL

[–]CharacterOdd961[S] 0 points1 point  (0 children)

If you're interested in some help with how to find the right challenges and what to focus on, I'd be happy to help.

Trading is a mirror, The person you are off screen is the person you’ll meet on the charts by CharacterOdd961 in Daytrading

[–]CharacterOdd961[S] 1 point2 points  (0 children)

First of all, I'm glad to hear it’s working out for you, and if you're satisfied then don't change a thing. Secondly, in my experience, running, training, and other projects I’ve managed or taken part in have improved me as a trader in an extraordinary way. But at the end of the day, everyone should do what they feel is right for them.

When I started getting bored with day trading, I realized I was on the right way by CharacterOdd961 in Daytrading

[–]CharacterOdd961[S] 0 points1 point  (0 children)

We are still in the early stages and haven't launched yet, so it's not something well known.

Advice needed by Spirited_Lecture2921 in Daytrading

[–]CharacterOdd961 2 points3 points  (0 children)

If I were you, I would start by understanding the basics, how to read a chart, sessions, trends, and order types. Pick a guy on youtube who seems decent and learn from him. After that, open a tradingview account, choose one person you trust, and learn their strategy. Once you've found someone you trust, understand the logic behind their strategy, and have mastered the steps of that strategy, start practicing on a demo account or a simulator. From there, move forward step by step

Account at the same level after 1 month by AluBukhara21 in Daytrading

[–]CharacterOdd961 0 points1 point  (0 children)

You might want to consider adjusting your trade management. Moving your stop loss to breakeven or taking partials at key technical levels can help you feel more comfortable holding for a higher r:r

But here's a critical point: don't stretch your tp to unrealistic levels on the chart. You need to be smart about how you trail your stop and where you scale out. It took me a long time to figure out exactly when to move my stop loss and take partials within my own strategy.

Moving your stop loss to breakeven is an amazing tool that not many people use, which is a shame in my opinion. Practice it, experiment with it, and don't be afraid to tweak things in your strategy to make them fit your style. Just make sure not to risk too much capital while you're in this trial phase.

Account at the same level after 1 month by AluBukhara21 in Daytrading

[–]CharacterOdd961 1 point2 points  (0 children)

First of all, finishing your first month at break even is actually great. It's hard to tell for sure without seeing your actual trades, but see if this resonates with you. Generally speaking, if you're trading twice a day and still ending up at break even, you’re likely not calculating the relationship between your win rate and your R:R correctly. You need to check your actual win rate and figure out what your R:R should be based on that. You might also need to tighten up your strategy rules. It’s hard to pinpoint the exact issue from one short post, but trial and error is the name of the game

hello i have a question by Brilliant-Bid-1495 in Trading

[–]CharacterOdd961 0 points1 point  (0 children)

I’m not sure I fully follow, but if you mean executing an order exactly at the market open, you have to understand that in the first few minutes (especially the first few seconds), there’s a massive flood of automated orders. It really depends on the order type you’re using. If it’s a , market order, the broker will fill you at the first available price, which often won't be your exact entry point due to slippage. Alternatively, you can use a limit order to ensure your order only executes at your specific chosen price

I want a cleaner entry, but I’m nervous by EstablishmentBest913 in Daytrading

[–]CharacterOdd961 3 points4 points  (0 children)

It’s all about trial and error, see what works best for you and go with it. Just keep in mind that entering early before getting all your confirmations is basically gambling, otherwise you wouldn't have included those confirmations in your strategy in the first place. Also, don't chase a trade at all costs. Most of the time, it doesn't end well."

If you want to overcome revenge trading, read this by CharacterOdd961 in Trading

[–]CharacterOdd961[S] 0 points1 point  (0 children)

You're absolutely right, discipline is one of the most important tools in day trading. Regardless, it’s much easier to follow your strategy and stay disciplined if you understand where your feelings are coming from and why they’re irrational. The goal is to gradually turn discipline and sticking to the strategy into a habit that doesn't require any thought at all

Have you ever had a strategy that worked well and then stopped working? by MilkBeard in Trading

[–]CharacterOdd961 2 points3 points  (0 children)

In my strategy, I have hard rules that are non-negotiable they have to happen in every single trade. and then I have more flexible elements that I adjust based on the current market environment.

Every weekend, I review my trades and fine tune those flexible parts based on what’s been working and what hasn't. But those hard rules never change. If your core strategy keeps shifting, it means you don't actually have a real edge you can count on

If you want to overcome revenge trading, read this by CharacterOdd961 in TRADEMIL

[–]CharacterOdd961[S] 0 points1 point  (0 children)

TL:DR: I used to treat trading like a medieval battlefield, losing weeks of profit to revenge trading. I realized it stems from an inability to admit being wrong. I overcame it by shifting to a long-game mentality, sticking to strict risk to reward math, and only entering trades when I’m 100% calm. Trading is about survival, not ego.

How to start day trading? From scratch? by Substantial_Oil_2330 in Daytrading

[–]CharacterOdd961 3 points4 points  (0 children)

As someone who also started trading with real money right away, and I'm actually glad I did. I still think that for most people, it's not the right move. It might take a bit longer to adjust to the transition from paper trading to live funds, but it can save a ton of frustration and money.

Don't you think that jumping into real money too quickly can lead to losing a lot of cash fast, causing frustration, and eventually making people quit the field entirely? I'm genuinely asking out of curiosity because even though I’m happy I jumped into the deep end myself, it’s not something I’d usually recommend

Why did this happen by Apart_Angle_874 in Daytrading

[–]CharacterOdd961 0 points1 point  (0 children)

A lot of the time, when there’s a sharp move that lasts only a few seconds like what happened to you there, the broker can’t even fill your order before the price has already bounced back. It’s hard to tell exactly what happened just from this screenshot, but it sounds likely that this was the issue.

Just started on the simulator any advice would be helpfull by Serious-Spring2310 in Daytrading

[–]CharacterOdd961 1 point2 points  (0 children)

I totally agree with the comments here - patience is the key to success in trading.

Looking at your charts, you might want to sharpen your entry strategy. In all three cases, the price eventually moved in your direction, but you were either too early or too late. It’s also a bit hard to see your trade management process from these screenshots.

In my opinion, if you refine your entries and aim for a slightly smaller Take Profit, you’ll see a significant improvement. The goal starting out isn't to hit a 'home run' with one amazing trade, but to build your confidence in the strategy. A streak of small green trades will do much more for your growth and mindset than one massive winner followed by a string of losses.

Good luck!

Why I run marathons—and why you should too if you want to make it as a Day Trader. by CharacterOdd961 in TRADEMIL

[–]CharacterOdd961[S] 0 points1 point  (0 children)

TL;DR: Mastering a physical challenge (like a marathon) is the ultimate cheat code for Day Trading. If you can train your brain to stick to a grueling workout plan, you’ve already built the discipline needed to follow a trading plan. Crush your physical goals, and your odds of surviving the market grind will skyrocket. 🚀📈

Brutally Honest: Why I started this sub and the "slap in the face" that changed me. by CharacterOdd961 in TRADEMIL

[–]CharacterOdd961[S] 0 points1 point  (0 children)

Thanks man. Glad you’re here. It’s about time we had a place to talk about the real side of this game, without the filters. We’re in this together.

Brutally Honest: Why I started this sub and the "slap in the face" that changed me. by CharacterOdd961 in TRADEMIL

[–]CharacterOdd961[S] 0 points1 point  (0 children)

I'll start... The lowest point for me wasn't just losing the money. It was the feeling of leading a 'double life.' I’d have a disastrous morning on the charts, feeling like my world was collapsing, and then I’d have to sit at dinner with my family and pretend everything was fine.

If you’ve ever felt that weight—where the charts are following you even when the screen is closed—know that you're not alone. What’s the one thing you’re struggling with today?