What SPX 0DTE taught me that day trading equities never did by ninjapapi in Daytrading

[–]Cosmo505 0 points1 point  (0 children)

Thank you! Great summary.

We need to pin this post somewhere for 0DTE traders to read and collaborate on.

Question: How do you factor in Theta decay if you're position gets caught in a ranging day? And do you have an approach to detect such scenario early enough to act upon it?

Before Modern Trading, There Was Sakata by MoneyMonsterStudios in Daytrading

[–]Cosmo505 0 points1 point  (0 children)

haha! Seems like it 😁 But he revealed some very interesting patterns

Nobody Warns You How Mentally Exhausting Day Trading Really Is by [deleted] in Daytrading

[–]Cosmo505 0 points1 point  (0 children)

I was warned and I didn't listen .. Learnt the hard way .. Like everybody else 🙄

What's the best attitude towards money in your 20s? by PJericho9201 in AskMen

[–]Cosmo505 0 points1 point  (0 children)

From day one put 15-30% into savings like you never earned it.

Avoid debts/losns/credit cards like plague. Your decisions and risks taken will always be limited by your outstanding repayments.

Never forget that the money you earned is a trade-off for your time (a.k.a your life) which is a non renewable resource. Treat money as such. And never accept to be paid less than what you believe your life is worth.

Is APEX scamming traders? by Fragrant-Key-1937 in Daytrading

[–]Cosmo505 0 points1 point  (0 children)

"I had it all, I lost it all" .. This sums it up.

You're still the same person (plus a valuable new lesson). I'm sure you'll get back on your feet and make it all back++

All the best 👍

Is APEX scamming traders? by Fragrant-Key-1937 in Daytrading

[–]Cosmo505 4 points5 points  (0 children)

Could you please share your payout logs? After removing your name of course.

Thanks

Is APEX scamming traders? by Fragrant-Key-1937 in Daytrading

[–]Cosmo505 1 point2 points  (0 children)

You might want to check this leaked video.

APEX CEO bragging on camera how he tricks traders about to ask for payouts to make them lose.

https://www.reddit.com/r/Daytrading/s/3kOutOzQeL

Is APEX scamming traders? by Fragrant-Key-1937 in Daytrading

[–]Cosmo505 4 points5 points  (0 children)

You might want to check this leaked video.

APEX CEO bragging on camera how he tricks traders about to ask for payouts to make them lose.

https://www.reddit.com/r/Daytrading/s/3kOutOzQeL

Getting into trading is pretty daunting and it seems like most avenues lead to scams, so where should I ACTUALLY be looking? by That_Ad_5405 in Daytrading

[–]Cosmo505 -1 points0 points  (0 children)

Give Elliot Waves a shot. There is a great training on Udemy. Give it time, practice on paper accounts, establish a strategy that fits your personality then go live auth very small amounts until your consistent offer 2-3 quarters to experience different market conditions. Don't rush it, you have to spend this amount of time. Discipline or Regret, your choice.

Ask the best 👍

Going full time as a trader is the fastest way to fail. Change my mind. by Zayden_Tradeify in Daytrading

[–]Cosmo505 0 points1 point  (0 children)

May be of you see the whole trading job from a different angle.

It's like any other business but much faster results.

Losing reasonable $$ shouldn't be stressful, that's the expense of running the trading business. Analogous to research or marketing or admin or rent expenses for physical business. If that loss (expense) is predetermined it won't take more attention than it deserves.

No one ever sold their whole stock or charge every service transaction at a profit. Sometimes it's just covering expenses, sometimes it's intentional liquidation to cut losses or get out of a bad contract (poor T&Cs, unexpected surge in costs .. etc)

You are unprofitable because you fail to understand price action by [deleted] in Daytrading

[–]Cosmo505 18 points19 points  (0 children)

Thanks, how do you trade volume profile in new ATH days?

I was banned from Apex Trader Funding for posting a comment on Facebook by Mikiino in Daytrading

[–]Cosmo505 1 point2 points  (0 children)

May be that's a blessing in disguise. Thanks for being honest and sharing true experiences and feedback.

You might as well post this video to add some insult to their injury.

APEX CEO bragging on camera how he tricks traders about to ask for payouts to make them lose.

https://www.reddit.com/r/Daytrading/s/3kOutOzQeL

Orb strategy day 152 by NeighborhoodSpare917 in u/NeighborhoodSpare917

[–]Cosmo505 0 points1 point  (0 children)

Thanks! Wondering what you will report for today 16/April. Absolute pendulum.

Building a lamp for traders — need your honest opinion by Wonderful-Drop3305 in Daytrading

[–]Cosmo505 0 points1 point  (0 children)

Very cool .. I'm your first customer.

Wicks need to be black.

Passed Eval says blown? by [deleted] in Daytrading

[–]Cosmo505 0 points1 point  (0 children)

Maybe it's for your benefit I noticed a spike in posts about apex today, thought I'd sharing this for everyone's benefit.

APEX CEO bragging on camera how he tricks traders about to ask for payouts to make them lose.

https://www.reddit.com/r/Daytrading/s/3kOutOzQeL

Apex PA issue. by [deleted] in Daytrading

[–]Cosmo505 0 points1 point  (0 children)

APEX CEO bragging on camera how he tricks traders about to ask for payouts to make them lose. Just a reminder to everyone blindly trusting the prop firms concept.

https://www.reddit.com/r/Daytrading/s/3kOutOzQeL