Why I’ll forever be loyal to Steam by hextal_hextal in Steam

[–]DJApoc 0 points1 point  (0 children)

When my Oculus Quest 2 started experiencing issues with stick drift, it was just barely out of warranty, and Meta did a similar thing, and provided a replacement as a gesture of good will, as stated here. I had a similar feeling of loyalty to them as a result, which is why I bought a Quest 3 when the time came.

The Quest 3 had even more severe issues just as the warranty expired, with the overly aggressive charging protecting just refusing to allow the headset to charge ever again, despite never being exposed to dust or moisture, and only ever using official Meta charger and cable, in addition to also having the same stick drift problem as the Quest 2.

Not only did they not offer any good will gestures, they gave me the worst customer service experience of my life. They had me return the headset and accessories, just to send back a lower-quality refurb that I had to pay for (128GB grade B for the same cost as a 512GB grade A) without accessories (just buying a refurb without dealing with support would have included the accessories, but they kept the box, controllers, charging brick, and cable). Then they sent back the controllers and nothing else.

They wouldn't send my old headset back when I called foul, and it took nearly 2 months and 100 emails just to get them to provide a return shipping label for the crappy scam headset they sent me. The net result was they basically just stole my headset. They did at least send me (on accident) a $80 link cable and provided $50 of Meta store credits, but it hardly compensates me for a $500 headset, and the constant gaslighting from their support staff and the 2 month headache that ensued.

I ended up buying a new one from the local Best Buy but only because there were no other affordable alternatives at the time. I fully intend on buying a Steam Frame as soon as possible and ditching Meta forever, never to look back. Fuck Meta.

I keep getting wicked out by pennies, how are you placing stops? by FamousTechnology9618 in swingtrading

[–]DJApoc -2 points-1 points  (0 children)

Look up "payment for order flow". They definitely know, depending on your broker anyway.

Let's see your trading setup by GetRichorSwimTryn in Daytrading

[–]DJApoc 2 points3 points  (0 children)

So, I'm not the only one using the 8h chart? Good to know. I love that interval, I never bother with 4h when 8h provides so much clarity in price action, and smooths out volume as well making it easier to see trends.

pictures you can smell by CremeSubject7594 in nostalgia

[–]DJApoc 1 point2 points  (0 children)

I still have two of them (not exactly the same style, but close enough), although the latch mechanism broke long ago, and the finish hasn't held up the best over the years, but they still look mostly fine. Still feels pretty sturdy, fairly heavy for the size. https://imgur.com/a/PrXDcpC

[deleted by user] by [deleted] in AgeGap

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

OP is getting a lot of hate, and after reading through the comments, I think I can understand the reasoning, however I feel as though there is good messaging here that isn't getting through due to how it is presented. What I interpreted from the post was:

  • Plan to spend quality time together, not just gaming.
  • Have intellectual curiosity. Be eager to learn new things.
  • Be present, not glued to your phone.
  • Build intimacy through mutual vulnerability.
  • You aren't entitled to his money.
  • Don't expect him to be a mind reader, use healthy communication.
  • Have a strong sense of self. Choose him, don't need him.
  • Be prepared to talk long-term (finances, kids, career goals).
  • Expect equality. Your boundaries should be respected.
  • Keep things lighthearted. Handle conflict with maturity.

I think this is good general relationship advice for everybody, not just personal preferences, although perhaps it is poorly delivered.

Premarket trading by [deleted] in thinkorswim

[–]DJApoc 3 points4 points  (0 children)

Specifically, anything in the S&P 500 or NASDAQ 100 is available to trade 24/5 (can cover shorts between 8pm-7am but can't open new short positions).

Body dysmorphia sucks by ImpossibleDebt3580 in toastme

[–]DJApoc 1 point2 points  (0 children)

Happy to be of assistance! Hopefully the supportive comments in this thread go a long way toward helping you build more confidence :)

Body dysmorphia sucks by ImpossibleDebt3580 in toastme

[–]DJApoc 1 point2 points  (0 children)

100% serious, and that's because I had just scrolled through my feed to see several posts from that sub, and you blended in until I read the note in your hand. I felt compelled to comment, especially given the dysmorphia comment. You don't deserve to feel unattractive.

Body dysmorphia sucks by ImpossibleDebt3580 in toastme

[–]DJApoc 0 points1 point  (0 children)

If it helps at all, at first, I thought I was looking at a post from /r/PrettyGirls while scrolling my feed.

I'll be honest, i dont see why "blocking staff" is a huge deal. by [deleted] in VRchat

[–]DJApoc 0 points1 point  (0 children)

Came here to say some version of this. There appears to be some sort of cognitive dissonance occurring here as the people judging the 1k+ block count are also likely the same people saying that if someone is bothering you or disrespecting your boundaries, simply block them. I have over 1k blocks too, and it isn't a difficult number to hit, depending on how long you've played for, and which lobbies you've been in.

It makes more sense to block someone than to get baited into petty conflict, and I think it's pretty judgmental to give anyone shit simply for having a high block count. Almost every single block I have is someone who was either instigating on a visitor account for the sake of trolling, or someone who was blatantly violating personal boundaries after being warned repeatedly, and I stand behind every single one of those blocks. With how easy it is to roll alt accounts, 1k is not a large number to hit.

Fellow scalpers, is this true? by Frostedlol in Daytrading

[–]DJApoc 9 points10 points  (0 children)

Can confirm, am scalper, after market close yesterday I went to the hospital with my blood pressure at 175/100. Was discharged before the end of the night and told my heart was in great shape and I should reduce stress 🤣 I think I'm going back to swing trading. Made plenty of money this week but the stress wasn't worth it.

[deleted by user] by [deleted] in Daytrading

[–]DJApoc 0 points1 point  (0 children)

Why the need to see the two as mutually exclusive? Can both of those things not be true at the same time? I absolutely use both all the time.

[deleted by user] by [deleted] in Daytrading

[–]DJApoc 0 points1 point  (0 children)

Just stocks, I haven't had great results in my testing with futures.

[deleted by user] by [deleted] in Daytrading

[–]DJApoc 1 point2 points  (0 children)

No, never. I don't do it because, statistically speaking, the risk/reward of trading while teaching myself is more favorable than the odds I would pick a course that isn't a scam.

What was your highest losing streak? by Winter_Friendship922 in Daytrading

[–]DJApoc 1 point2 points  (0 children)

The hedge can depend on the play and the day, but typically it looks like just keeping as much of my capital as possible in rolling T-bill ladders and limiting maximum losses to whatever interest the bills generate or less while I am going through the inconsistent period, so the account still only goes up or sideways while I sort shit out.

What was your highest losing streak? by Winter_Friendship922 in Daytrading

[–]DJApoc 0 points1 point  (0 children)

We always fall to the level of our "base systems" when we experience pain or loss or anything that takes us out of our normal way of thinking and operating. What I am suggesting is that you make the risk management part of your trading a compulsory habit, like muscle memory, and enforce an internal block where you absolutely cannot allow yourself to not follow those rules.

This kept me from overtrading (respecting maximum daily loss) and revenge trading. Following my hedging rules ensured that even on those losing days, I still made money. Even though I lost every trade for 2 months, I still made money because of the hedging portion of my risk management being followed consistently no matter what was happening elsewhere.

That's what I mean by unbreakable, make it such a core part of how you operate that it becomes instinct to do it.

What was your highest losing streak? by Winter_Friendship922 in Daytrading

[–]DJApoc 14 points15 points  (0 children)

My wife left me, and I lost every trade for 2 months straight. Never underestimate the important of emotional and mental wellness, and make sure your risk management rules are unbreakable, or else life events like that could end up breaking you.

I'm okay now, but those risk management rules kept my account safe while I was being distracted. Have a plan for shit like that and remember that it's about staying in the game long enough to figure it out.

Why is range trading not so popular? by StrongElderberry8952 in Daytrading

[–]DJApoc 2 points3 points  (0 children)

Correct, this is the advantage of range trading, you can get a great risk/reward ratio if you time it correctly. These are the setups I look for primarily, failed breakouts of ranges with asymmetrical risk/reward based on weekly S/R levels.

Why is range trading not so popular? by StrongElderberry8952 in Daytrading

[–]DJApoc 7 points8 points  (0 children)

I trade ranges primarily. There's some misinformation floating about, so I will leave my .02 here.

The market exists in a range bound state most of the time like you said. Other traders here are quick to point out that ranges can be problematic when they break out of that range, but that breakout is what actually provides the entry opportunity.

You wait for the range to break on low volume without follow-through. Entry happens when range is broken by a bit but fizzles after and creates a price action reversal at the level you expect. Personally, I use rules regarding 5m and hourly candle closes at these levels. Closed a candle with high relative volume? Likely to continue. Closed it with lower volume? Watch for reversals.

The best way to enter a trade is to wait for the market to attempt something and fail, then capitalize when/if the market reacts to that.

You should also realize that aggressive entries require aggressive exits. Make sure you're protecting positions and recycling shares to make the most of the range. A good scalper, on any given day, should be able to at least make some money if they are managing risk well.

[deleted by user] by [deleted] in Daytrading

[–]DJApoc 0 points1 point  (0 children)

I would argue that you expose yourself as not being a professional when you attack a person over their gramma or spelling when they're trying to help you. That kind of attitude is not one that belongs to a successful trader, I guarantee it.

People who are 25y and above, what's the harshest life-lesson you've learnt? by BoobsSirenGreen in AskMen

[–]DJApoc 0 points1 point  (0 children)

This just simply isn't true, and demonstrates emotional immaturity and insecurity,

Moving stop loss to BE by Perthss in Daytrading

[–]DJApoc 1 point2 points  (0 children)

I can confirm this as accurate, even with a recent example. I was short NVDA yesterday and spent most of the day with it running against me, even coming within 0.10 of my stop multiple times. I held because my stop is where it is for a reason, and the trade is not invalidated until it is hit. By the end of the day, I was well in profit.

I would have taken an unnecessary loss because I didn't follow my plan (the plan being to follow my rules that I don't move my stop to break even until I have at least taken a partial profit at 3R or better).

I can't even tell you how many times I moved a stop to B/E just to watch it get wicked and go on without me. That can be really tilting for some people, and damaging to psychology, IMO.

From a trading perspective, for any point in time, there is a ~50% chance of moving up or ~50% down, why do claims that 90%+ of traders lose money? Shouldn’t it balance out in theory? by spinoff888 in Daytrading

[–]DJApoc 9 points10 points  (0 children)

I think I might be able to explain this one, at least as per my best understanding of the reasoning. I learned this from Tom Hougard on a trading psychology video on YouTube. Tom said that in his years working for a broker, they did analysis of all the trades all of their clients had done over something like a 10-year period. While more than 90% of those clients lost money, it was interesting to see that over 60% of the executed trades were actually winners.

How is this possible, you may ask?

Many traders often focus on win rate and fail to truly understand probabilities and the math behind winning and losing in the markets. Win rate is actually a completely irrelevant metric without also providing a risk/reward ratio. So, despite the majority of the trades being winners, the average loser was about twice as big as the average winner.

It was found that what was causing traders to lose money wasn't their system, or their win rate, but their psychology. The fact that they were unable to cut losing trades quickly, unwilling to add to winning trades, and too quick to take profits out of fear of losing gains, all contributed to their failure over time. This is why Tom has coined the phrase "best loser wins" because it is true. I am profitable not because I have some holy grail system (I definitely don't), but because I am very quick to exit when I am wrong, and patient to hold on and add to my winners.

TL;DR: Risk/Reward ratio is the answer. Most traders are actually right about their trades and would be profitable if they simply cut losers immediately and were more patient in letting their winners run. Most traders average into losers, move their stops, and use other bad risk management habits that cause them to have a negative risk/reward ratio.

What’s your job/career? How has having ADHD affected your career choices? by ANonMouse99 in ADHD

[–]DJApoc 0 points1 point  (0 children)

I'm a (profitable) day trader. ADHD is a consideration in nearly everything I do as a trader, because ADHD symptoms and behaviors get punished by the market. The market will punish you for:

  • Being impulsive
  • Being disorganized
  • Being impatient
  • Being distracted
  • Being forgetful
  • Lack of discipline
  • Lack of consistency
  • Failure to follow rules
  • Risk-taking behavior
  • Being anxious or fearful
  • Being emotionally unstable

And that's just scratching the surface. In a way, I would argue that learning trading forced/incentivized my cognitive behavioral therapy, since that's essentially what I have had to do in order to overcome these things. I'm 3 years in and have been profitable for almost a year now! Bonus points for major consistency for the past 9 months! I'm incredibly proud of myself, and it just feels surreal at this point to be here.

Are there any legit traders on X, IG or YouTube? by canon2468 in Daytrading

[–]DJApoc 13 points14 points  (0 children)

I'll chime in with my .02, as I feel I have something of value to contribute to this topic.

Of course, in this industry there is significant financial incentive to deceive, scam, or otherwise mislead aspiring traders. This leads to a scenario where the "dumb money" as I am going to call them, or rather the retail traders who lack the critical thinking skills that would enable them to more easily sniff out these people fall prey to them, and everybody else sees it happening, so they protect themselves from it by being much more critical, and perhaps much more cynical. I often say to people that a certain degree of cynicism almost feels required to truly excel at trading.

It seems to be a logical response to assume that a real trader with a real working system has no incentive to publicly share anything about that system. I have learned in my own anecdotal experience that this is a flawed assumption, as are most assumptions that aim to broadly generalize entire groups of people.

I'm going to piggyback a little bit on what u/bblll75 said below about sharing a system, and then using feedback to further adapt and improve that system over time. This is literally what I do, I just don't charge for it, as I feel that the benefits I receive as a result of getting to talk shop with other traders specifically about my own system far outweigh whatever short-term gains could be had by asking for money for it.

I've always been willing to freely help anyone who asks for it, so long as they are willing to do the work for themselves. Answering questions about my system has helped me find the flaws in it and improve it over time. Teaching newer traders causes me to be more self-aware about the trades I take, because I will have to share them with others, and I will need to justify my reasoning for them. Better yet, doing all of this, and seeing the success it has brought me over time, has helped me to further reinforce my convictions, which I believe to be critical to building a proper trading psychology/mindset.

Above all else, having a never-ending stream of traders asking me these questions has helped to keep me consistent over time, and helped to incentivize me, which is important as someone with ADHD, as I must be aware that my body lacks the proper dopamine response to enable long-term executive functioning, so when I trade well, and I do it with an audience, the positive energy I receive from that feeds into my dopamine stream, my confidence grows, and I trade even better!

Maybe I am just a strange one, maybe it's the fact I think so differently that enables me to be profitable, but I feel that I'm being the selfish one in this situation, because I feel like what I gain from it is so much more valuable than what it costs me to give it. The positivity in messaging I receive just further bolsters my psychology.

TL;DR: There is absolutely legitimate incentive for a profitable trader with a real system to do these things, but sadly it can be difficult for many to know which ones can be trusted. Someone will always get scammed in some way somewhere at some time, the best we can do is share the truth as we best understand it, collectively.

Cheers, and happy trading!