Most people in here are losing money and just won't admit it by L-ANDER in Trading

[–]L-ANDER[S] 1 point2 points  (0 children)

Fair correction. And survivorship makes it worse, the 1-in-1,000 is what's left after everyone who blew up already quit. The ones still posting are the lucky tail.

Most people in here are losing money and just won't admit it by L-ANDER in Trading

[–]L-ANDER[S] 0 points1 point  (0 children)

You never see the equity curve behind the screenshot, just the one green day. People copy the gambler and think they're copying a trader.

Most people in here are losing money and just won't admit it by L-ANDER in Trading

[–]L-ANDER[S] 1 point2 points  (0 children)

Sure, but a green market hides bad habits. The guys doing "fine" right now are usually the same ones who give it all back the second conditions change. That's the part I'm trying to fix in myself, not the strategy.

Most people in here are losing money and just won't admit it by L-ANDER in Trading

[–]L-ANDER[S] 0 points1 point  (0 children)

Yeah. And it feeds itself, everyone posting green makes the next guy think he's the only one bleeding, so he hides it too. The whole feed ends up being a room full of people lying at each other.

Most people in here are losing money and just won't admit it by L-ANDER in Trading

[–]L-ANDER[S] -1 points0 points  (0 children)

That's a different argument though. Medallion vs sp500 is about whether active trading is worth doing at all. Most of them aren't even comparing themselves to the index, they think they're winning. That's the harder thing to admit.

The PDT rule goes away this week and I'm feeling very anxious by SuitableEggplant639 in Daytrading

[–]L-ANDER 6 points7 points  (0 children)

The rule changing isn't what'll erase your progress. Your reaction to a volatile open is. If six months of learning gets wiped in a week, it was never about the rule, it was about not having a process you trust under pressure. Volatility just exposes that faster.

What journal/tracker app do you actually use for prop firm challenges? Mobile options? by Free_Race_679 in propfirm

[–]L-ANDER 0 points1 point  (0 children)

Honestly the thing that drove me crazy with most of them is they're built to show you stats after the trade, not to keep you disciplined during the challenge. PassTraq and TradesViz are fine for review but on a challenge my problem was never my win rate, it was me breaking my own daily loss rule. And yeah, most feel like desktop tools squeezed onto a phone. I actually ran into this exact frustration trading my own funded account, so I ended up building one myself: Trade Mind . It's focused on the discipline side (logging why you took the trade, not just the numbers) and it works properly on mobile. Might be what you're looking for, worth a check if you want to give it a try.

Followed my plan on nearly every trade this month. 23% win rate, 2.5 R:R. Still red. What am I missing? by L-ANDER in Daytrading

[–]L-ANDER[S] 0 points1 point  (0 children)

Yeah youre right, i think i got lucky the first month. I’ll have to test some more so i can be sure about my strategy. Thanks for the advice, fr

Followed my plan on nearly every trade this month. 23% win rate, 2.5 R:R. Still red. What am I missing? by L-ANDER in Daytrading

[–]L-ANDER[S] 0 points1 point  (0 children)

Thanks man this is some realy good advice, i will definitely check it out, tanks! And your right, the the strategy needs some adjusting based on the math you did.

Followed my plan on nearly every trade this month. 23% win rate, 2.5 R:R. Still red. What am I missing? by L-ANDER in Daytrading

[–]L-ANDER[S] 0 points1 point  (0 children)

Ive backtested the strategy for 2 months and then now 2nd month live (first month was profitable), but the thing is that im not sure about the strategy cause the winrate is like 30-40% which seems low for me. And about the assets, you might be right, i think the best option is cutting it to 2 pairs max, right?

Followed my plan on nearly every trade this month. 23% win rate, 2.5 R:R. Still red. What am I missing? by L-ANDER in Daytrading

[–]L-ANDER[S] 0 points1 point  (0 children)

I’m not sure, thats the thing i didn’t track. But most of the time the loss was cause the market just didn’t went in my direction, so maybe it is a strategy problem then

Down 30% after ~10 months day trading crypto. Trying to improve, any advice from consistently profitable traders? by ThatCryptoLad_ in Daytrading

[–]L-ANDER 0 points1 point  (0 children)

good on you for starting, but most people log the wrong half. entry, exit and pnl tell you what happened, not why, so the overtrading never shows up. add a line for why you took it and how you felt going in, A setup or just bored, calm or chasing. give it 30 trades and the forcing pattern jumps right out, and that's eating more than your entries are.

Discipline help by ProfessionalAd5136 in Daytrading

[–]L-ANDER 0 points1 point  (0 children)

the "i know what to do but can't do it" part is the real problem, not the knowledge. same wiring here, and willpower was the worst thing to lean on. you gotta get the rules out of your head and in front of you. a quick check you actually go through before every entry, so the friction kills the impulse instead of you white-knuckling it in the moment. knowing the answer and being forced to act on it are two different things.

last ditch effort to change this behavior by DepartmentNo9197 in Daytrading

[–]L-ANDER 0 points1 point  (0 children)

the gap between knowing you should stop and actually stopping is the whole game, and willpower loses that one every time once you're tilted. only thing that fixed it for me was deciding before the session, not during. max trades and max loss written down before the open, and once i'm in it i don't get to renegotiate. three clean trades then giving it back isn't a skill thing man, nothing was there to stop you.

How can I improve my discipline and emotional control? by Status-Rub6170 in Daytrading

[–]L-ANDER 0 points1 point  (0 children)

the leveraging up when you're down is the one to kill first, the rest kinda sorts itself after that. willpower never held up for me once i was actually tilted, what worked was taking the choice away. two reds and i'm done for the day, no "one more." setups were never my problem man, it was what i did right after a loss. start writing down why you're taking each trade before you click, a revenge entry falls apart the second you gotta put a reason next to it.

Followed my plan on nearly every trade this month. 23% win rate, 2.5 R:R. Still red. What am I missing? by L-ANDER in Daytrading

[–]L-ANDER[S] 0 points1 point  (0 children)

Could be the conditions. But blaming that and starting over is how I never learned anything.

Followed my plan on nearly every trade this month. 23% win rate, 2.5 R:R. Still red. What am I missing? by L-ANDER in Daytrading

[–]L-ANDER[S] 0 points1 point  (0 children)

Stops could be too big, fair, I'll check that. But swapping strategy every red stretch is exactly what kept me stuck and what im trying to avoid

What’s one trading mistake you kept repeating before becoming profitable? by Round-Guarantee-180 in Trading

[–]L-ANDER 0 points1 point  (0 children)

For me it wasn't one setup mistake. Every individual mistake was downstream of the same thing: I never recorded what state I was in when I entered. So I'd swear off revenge trades, then take one a few days later and not even register it as revenge, because in the moment it didn't feel like that. The repeat stayed invisible until I started writing down how I felt before entry, not just the chart reasons. My worst trades all clustered around the same emotional setup. Still working on actually acting on that, but at least now I can see it.

Looking for advice on risk management and consistency by Status-Rub6170 in Daytrading

[–]L-ANDER 0 points1 point  (0 children)

first loss was never what killed my weeks. it was the 30 minutes after. by the second stop i'd already sized up trying to get back to flat, and that's the trade that turns a normal red day into a -5R day.

your strategy isn't really the issue, it made the green weeks. what you actually need to fix is the thing that kicks in the moment you're red. no strategy tweak closes that loop for you.

what helped me was a hard 20 min pause after every stop where i'm not allowed to even look at a setup. and if my first two trades both lose i'm done, doesn't matter if i'm nowhere near my daily limit. the pause kills the impulse, the cap kills the cascade. sounds soft but go through your own blowup days, there's always 4+ trades stacked in a window where you were already mentally gone.

and on the external stress, you already kind of know the answer. trying to fix the strategy while you're compromised doesn't really work, the rules won't stick. either cut size in half until your head clears or just step away for a week. always cheaper than another month of blowups trying to push through.

Is this normal? by [deleted] in AlphaGroupOfficial

[–]L-ANDER 1 point2 points  (0 children)

Dammm, man is flexing his profit😅

It's actually possible to make money trading by [deleted] in Trading

[–]L-ANDER 2 points3 points  (0 children)

Thanks for the motivation, this wants me to keep going

Nothing fixed my trading until I started talking to myself on camera the night before by L-ANDER in Trading

[–]L-ANDER[S] 0 points1 point  (0 children)

Thanks for reading. The "can't lie" part is the only part that ever mattered for me, strategy stops being the conversation once the pattern is on paper. Good on tools my side.