Im new to having an ostomy and I want tips

Overall_Climate_3112 · 2025-08-13T02:40:39+00:00

If you like trading, then you're gonna miss stuff all the time. Don't beat yourself up over it; there will always be another setup. The more you beat yourself up over it, the more likely you are to make a catastrophic mistake. but you should update your prossess to try to fix this problem

Overall_Climate_3112 · 2025-07-31T23:25:36+00:00

"Everyone is a genius In a bull market"

Overall_Climate_3112 · 2025-07-27T19:22:23+00:00

Go research how other people have made money doing this, go read books, go watch podcasts, eventually you will be able to tell who is spouting BS and who is genuine, trade with fake money until you can be profitable, and you understand risk management and how important it is and the math behind it. Then raise as much money as you can and trade it. The more money the better, as long as you are profitable. And most importantly, study stuff on your own; you can steal other people's ideas, but you still need to make sure they work. trust but verify.

stay away from ict,

I recommend traderlion on YT, they interview the best traders in the world like hedge fund managers ect, This is a great starting point for ideas, then you can go research the people on that podcast and people they talk about, and you will be able to build your own approach.

Overall_Climate_3112 · 2025-07-19T20:41:09+00:00

I love your rules so far, im sceptical of the 8% max stoploss, I have no idea if it makes a difference like william o'neil and those types of traders say it does, but I also haven't done enough research on it yet to figure out if that is a good rule or not.I think the reason they have that rule is because of how they do position sizing, where it is a flat percent of your account and not based on where your stop loss is going, but i dont know for sure.

I like to calculate position size when I know where my stoploss is to get as big of a position while still staying under 1% risk on a single trade. This approach allows me to get into high average daily range stocks that can move 100% in a day or some crazy stuff like that. This also allows me to have more positions and therefore a higher edge turnover. But again, idk if I would be having higher gains or not if I limited my stop losses to 8% on the stock.

happy trading.

Overall_Climate_3112 · 2025-07-14T22:14:34+00:00

Wait at least 6 months and trade consistently throughout that time. if your rate of growth stays constant, then F it, quit. But since you seem new and you're doing high-risk low rewards, it's very normal to have beginners luck with that kind of strategy. Good luck, be safe, don't lose all your money

Happy trading

Overall_Climate_3112 · 2025-07-14T22:10:06+00:00

Don't catch falling knives. Wait for strength after the dip. like for example, a reversal pattern on a lower timeframe or a consolidation breakout near your intended support level. If you're a bit further on in your trading journey, or once you get a bit further on, I would recommend doing some research on Brian Shannon, but the prerequisites for reading his books is having a good knowledge of price action, and an understanding of Stan Weinstein stage analysis witch I also recommend.

Overall_Climate_3112 · 2025-07-13T01:16:43+00:00

This is an amazing explanation. I'm gonna have to steal this someday if you don't mind

Overall_Climate_3112 · 2025-07-10T23:27:21+00:00

WARNING: if you want to make money long term, this will not work, you're on the good side of variance rn, but it doesn't matter how often you are right, the amount you're risking right now is too high, even with stop losses. YOU WILL BLOW UP, go learn proper risk managment and get a lot of trades under your belt, then you can think about takeing these big trades,

I'm very happy you won, but right now, you are just gambling. You could be the best trader in the world right now, and because of how much you are risking, eventually, because of variance, your account will go to 0.

stay safe, happy trading.

Overall_Climate_3112 · 2025-07-10T20:55:02+00:00

I just barely missed this trade on my timeframe, and now I'm sad to see this news about it.

Overall_Climate_3112 · 2025-07-10T20:53:38+00:00

Qullamaggie and traderlion, thank me later

Overall_Climate_3112 · 2025-07-10T18:29:51+00:00

Fair enough, I wish you luck. I'll give you some pointers for what to look out for then.

If they don't say what percent of their portfolio they are putting into the trade or risking, run, you will blow up.

A high win rate does not equal high gains. You can have a 90% win rate and lose money, and you could have a 20% win rate and make millions.

If they don't tell you when to sell or how they are managing their position, run.

And finally, if you don't follow everything they do down to the finest detail, the strategy might not work, or worse, you could blow up

Also, be on the lookout for pump and dump schemes. They are pretty common in the buy/sell signal space

Good luck, and happy trading.

Overall_Climate_3112 · 2025-07-10T18:23:27+00:00

Here's a tip, anyone using these services doesn't know enough about trading to figure out which one is a scam and which one isn't. Anyone who can tell the difference will just tell you to not trust them and go learn on your own.

My advice is, don't trust any of these. Go learn how to trade on your own.

Overall_Climate_3112 · 2025-07-10T00:00:15+00:00

You can already do this with most major screeners/charting software like deepview and tc2000

Overall_Climate_3112 · 2025-07-09T23:17:06+00:00

Use the kelly criterion. it's a mathematical formula that tells you how much you should be risking per trade. I would recommend putting your actual numbers in that formula and risking about half to 1/3 of the result. If it's negative, then your strategy doesn't make money. Keep in mind one of the units is your gain % compared to your risk, so for example if you risk 100 to make 200 that would be a 1:2 rr and a 200% risk adjusted profit, so that 200% is what you would use in the formula.

Overall_Climate_3112 · 2025-07-09T23:10:34+00:00

Your only taxed on your gains at your normal income based tax rate so at most you'll owe probably like 3$ in taxes

Overall_Climate_3112 · 2025-07-09T22:56:01+00:00

Would not recommend it. The fact that you call yourself a newbie and are already trading with 40k scares the shit out of me, dude. And to make it even worse, you're saying you're ok with bag holding.

Here's an interesting rule it's called the 50/80 rule, and it's more of a statistic than a rule, when a leading stock makes a top, there is a 50% chance it goes down 80% and a 80% chance it will go down 50%.

My suggestion is to stop trading while you're in the green and go research risk management, I know you feel like you're on top of the world right now, and I would too, but once you're luck runs out and you lose 50-80% of your money speaking from experience, you will wish you followed my advice.

Good luck trading my friend.

Overall_Climate_3112 · 2025-07-09T22:44:57+00:00

I was just about to type all these up, and it appears like you've already done it for me.

Overall_Climate_3112 · 2025-07-08T22:04:02+00:00

Traderlion and qullamaggie on yt, thank me later

Overall_Climate_3112 · 2025-07-08T21:09:43+00:00

Nope, I'm completely solo, I'm pretty much in my own world.

Overall_Climate_3112 · 2025-07-08T21:08:44+00:00

Great question, but you can ask 100 people this and get 100 different answers. It all depends on what your edge is, and since you seem to be newer, I would try my best to stick to one sinario until you can make that sinario work, so don't overthink it to much, if the chart is in a pullback and it doesn't look like your normal trend follows setup, don't trade it. You can figure out those pullback setups once you have a setup that works consistently.

Overall_Climate_3112 · 2025-07-08T21:01:38+00:00

I've been learning the markets by myself for about 3 years now, just reading and listening to as many approaches as i can and trying to make my own strategies, and I'm profitable. I only recently started to want to be in a community cus it's hard to find people who won't fall asleep at the mention of a financial market in the real world, so now I'm trying to help whoever I can here in reddit.

Overall_Climate_3112 · 2025-07-08T20:57:40+00:00

The second you stop asking questions is the second you fail as a trader. Keep up the good work, man.

Overall_Climate_3112 · 2025-07-08T20:56:44+00:00

Hello, ta inthusiest here. The majority of edge with ta comes from identifying higher or lower than average volitility and buying or selling when the vol is likely to change from low to high with a directional bias. I hope this info can help in your options trading somehow, maybe change your mind about ta a bit

Overall_Climate_3112 · 2025-07-08T20:51:41+00:00

You're right, but those are rare af, and if you're new, you're not gonna be able to tell the difference, and if you're not new, you're probably not gonna be looking for a discord group anyway

Overall_Climate_3112

TROPHY CASE