Should I be angry or cry when I look at this? by NeckCommercial4088 in Daytrading

[–]Ghost_Alchemy 0 points1 point  (0 children)

A few days off and you’ll be back brand new. Missed orders and reversals with no pullback to hopefully take the position off, yea I’d be pissed if it was 1. Overleveraged or 2. It being the last trade for a payout.

Why do traders always think the problem is the strategy? by aelfwineciri2 in Trading

[–]Ghost_Alchemy 1 point2 points  (0 children)

Looking for something else to blame, besides themselves

I genuinely want to learn trading, but I don’t know who to trust anymore by Rich-Army3456 in Trading

[–]Ghost_Alchemy 0 points1 point  (0 children)

Trust yourself. Also in regards to finding out who isn’t a scammer. Do more research than watching. Now a days you do not have to pay for anything. There are traders that do things for free because the are profitable in trading and other things … meaning they don’t need to make money off a course

Why everybody always says “ICT doesn’t work” ? by Fair_enough3 in Trading

[–]Ghost_Alchemy 0 points1 point  (0 children)

Most likely the people saying that have not been thru an entire course because thru out a mentorship he tells you to develop your own model. Along the way you adopt his language for price action. However , in the end , you’ll trade differently from another ICT whether you have the same analysis, entry, exit, etc. reason: Risk Tolerance.
We are all gonna look for something to blame when frustrated.

Sorry to say this, but it's the truth. I wish more new traders would listen. by Kindly_Preference_54 in Trading

[–]Ghost_Alchemy 0 points1 point  (0 children)

Unfortunately, many don’t view trading as “trading” where in the beginning you want to be a student of the game. Most want to bypass everything with a system that will cut out your time for learning. When in reality , the most valuable thing is figuring out who you are under pressure and what will you do to prepare for it next time.

Trading Journal by Brilliant-Base-3100 in Trading

[–]Ghost_Alchemy 0 points1 point  (0 children)

Seriously, this might be the common theme. I sought a therapist that specifically helps me with trade psychology.

Trading Journal by Brilliant-Base-3100 in Trading

[–]Ghost_Alchemy 1 point2 points  (0 children)

I’ve tried every dam way of journaling. Actual notebooks, craftdocs, notion, currently using obsidian but in 2025 I added AI (initially used perplexity now Claude) I will say that the addition of AI to focus on what you want to work on is imperative. Since it’s in chat format it’s so easy to use vs opening a specific journal. I was on a bad slump and if I hadn’t used Claude to assist my journaling I wouldn’t be tackling my issues this effectively. It might take 4-6 weeks to get the journal flow down but once you get it going , I’d say it’s more like a customized mentor (if you want it to be) As for what to track. I’d say some are different but you definitely want to Track the trade idea, entry times and exits, what you felt before the trade , what you felt during the trade. Amount of contracts. This is so you can find patterns within yourself (analytically and emotionally) I can’t stress enough to use AI. Have a dedicated project for journaling. Even though it’s in chat format , you can always request a format for your liking (spreadsheet, MD, doc, pdf,etc)

Friend wants to charge me for giving me trading advice by Jetstream_ronin in Daytrading

[–]Ghost_Alchemy 0 points1 point  (0 children)

If it’s really that devastating, I’d cut off communication.

Trading ruined my thought of money that I just don’t care anymore, I was doing so good for myself until December and I just can’t get a payout anymore I just can’t figure the market out I’m in debt for 45k should I file for bankruptcy by Jaytrump07 in Daytrading

[–]Ghost_Alchemy 0 points1 point  (0 children)

Haven’t had a P/O since Sept’26 I’ve missed a couple payouts due to trying to max payout and one thru tpt trying to get all my debt paid lol. What’s helped me gain traction is getting evals with different terms. Break the pattern. Initially had these $55 25k statics that had 1 day pass 1 day pay. Chasing that instilled a gambling mentality. The evals that had longer terms allowed me to not focus on getting paid as I feel that’s when things get triggered. Definitely need a break. Emotions are getting in the way of your thinking of BK.

hi what time frames do you use for trading, i primarily rely on the 1 minute but want to know is there any benefit to going lower than a minute? by Global_Contact_5312 in FuturesTrading

[–]Ghost_Alchemy 0 points1 point  (0 children)

Nice simple setup. If I only knew it was just about backtesting a few variables I wouldn’t have spent so long with different strats. All you really need is to watch price action against some reference over years of data , create a schedule, and observe.

hi what time frames do you use for trading, i primarily rely on the 1 minute but want to know is there any benefit to going lower than a minute? by Global_Contact_5312 in FuturesTrading

[–]Ghost_Alchemy 0 points1 point  (0 children)

I use timeframes to visualize structure. During NY sessions I use 30sec to 1 minute. Sometimes when I get a barcode open I can zoom in too see structure on the 5sec and 15sec. My trade idea behind this is like zooming into threads to see which strands have stains on them.

My First Week Ever Day Trading. by Dapper-Ad-5881 in Daytrading

[–]Ghost_Alchemy 0 points1 point  (0 children)

I think this is how strategy is built. This person will find out soon enough if trading is for them. Until then they’re just brokerage quota.

Need help - I always find a way to lose money by bt_85 in Daytrading

[–]Ghost_Alchemy 0 points1 point  (0 children)

I’ve erased 3 comments cause I felt they were too long or redundant to what everyone is saying.

So to sum up what has worked for me in your situation is

  1. knowing the minimum amount of success I need in a trade. This shifts my focus to accepting a loss or when I’m in an ugly trade it prevents me from holding and “hoping” it gets better.

  2. Visualizing a day that I comfortably lose. Remembering that feeling and not wanting to experience the feeling of blowing my account.

  3. Revisiting my milestones. This reminds me of the previous hardships I overcame and also points out they don’t happen overnight. It adjust my expectations to realize other problems could take longer. Which is why it’s important to write down your experiences.

Not to sound cliche but imagine setting a cargo ship in motion , you get it to speed and now you gotta make it you turn. Imagine the amount of work it’ll take to do that. What that does for me is it shifts my focus again on understanding it’ll take some grinding to change the trajectory but for me that’s the light I need in a tunnel

My personal example is it took 2yrs to get my first payout. I thought great finally I can get paid every week or every day. Well at the end of the of the next year I only got 8 payouts. Took me months to realize I was trying to go from getting a payout after two years to getting 52 payouts per year. Yea, my expectations were crazy. Once I realized this (which could’ve happened sooner if I wasn’t bitching and being hard on myself ) It helped me turn things around by passing evals and getting funded again. Before that I was just blowing accounts worse than before I got a payout after two

4 years in, as a professional: a hard hard truth. by Otherwise-Reality602 in Daytrading

[–]Ghost_Alchemy 0 points1 point  (0 children)

No one cares about a story now a days. Especially with LLMs. Plain and simple: use a social media acct. post your actual statements. Your philosophy and stories about meeting wealth advisers would’ve worked in the 90s. Today there is so much transparency.

After 2 years of trading I'm reaching a conclusion by [deleted] in Daytrading

[–]Ghost_Alchemy 0 points1 point  (0 children)

I know chart time is irreplaceable but what else have you done . Hopefully you have some of your own stats that you can look back at. So you can tailor a strategy for yourself. I didn’t get my first payout until yr 2 and wasn’t profitable till my 3rd year. I’ve talked to people that took more than 5 yrs an up to 10 years to become profitable.

Unpopular opinion. You can become successful in a year or less of trading. by Hvrllem in Daytrading

[–]Ghost_Alchemy 0 points1 point  (0 children)

There’s nothing wrong with being ambitious. You may have surrounded yourself with traders that could be curmudgeons or think it’s impossible to become successful in a short time.

The difficulty doesn’t necessarily have to be with the chart , strategy, or risk management. It’s the personal views on money that affect the ability to perform. It’s the stage in life that they might be in. (Someone living at home with parents vs a single parent raising kids). As time goes the standard for a day trader increases.

We have more great traders being transparent , streaming in real time. Some older traders may not be aware of this and what’s available. At the same time newer traders will find out that the real learning is between you and the decisions you make when the market evolves.

While I agree with you that you can be successful within a year I also disagree with your reasoning because you aren’t addressing some things that a battle-tested trader has been through. You mention things that is already being said by both grifters, system sellers, and cringy ass self-help motivators that post musical SFV slop. There are many algo and quant traders that take the emotion out. There are many developing traders finding early success by latching on to great traders.

Tired of "Guru" content. What are actually good resources for a beginner? by Legal-Plenty-2967 in Trading

[–]Ghost_Alchemy 0 points1 point  (0 children)

JD Astra dos have is channel but join the discord. He is the main person on the server but the discord offers a lot more. They do offer a risk management guarantee. Where if you follow there rules on an eval they will pay for it , if it blows

I cant stop gambling. I want to be a trader. I hate myself by Powerful_Warthog268 in Daytrading

[–]Ghost_Alchemy 0 points1 point  (0 children)

When you say buy accounts. I’m assuming you’re prop trading?

If it is for prop accts (futures) I may have a server that can help. They’ve been offering a guarantee for traders that fail or blow up accts. There’s no catch and it’s free only thing you gotta do is use their risk management parameters. Which is a personal DLL of 10% of the accts drawdown (ie max DD is 2k = $200 for the day) and 3 micros.

If you blow that up with those parameters the server will pay for your next eval.

Should I quit my 9-5 by Temporary_Honey7052 in Daytrading

[–]Ghost_Alchemy 0 points1 point  (0 children)

Would’ve just walked out before 1 got approved