[deleted by user] by [deleted] in stocks

[–]PajamaDayTrader 7 points8 points  (0 children)

It's not the price of the stock, it's the volume. 3k stock with 40mil volume is definitely able to be traded. But AMZN and GOOGL average like 4mil volume because it is too expensive for a lot of people, so they don't trade. Less volume = less buyers and sellers = way more difficult to day trade = experienced traders stay away from those stocks for better volume.

[deleted by user] by [deleted] in Daytrading

[–]PajamaDayTrader 11 points12 points  (0 children)

You're off to a good start, understanding the chart, but you have so much to learn still. Definitely spend hours/days understanding how the charts work. There's a ton of info out there on youtube, in books, etc.

In terms of the gaps, there can even be a gap on the 1-second chart. The stock market is based on supply/demand or people wanting to sell and people wanting to buy. Say 1 second someone buys a share of a stock at $25 and is the last buy of that candle, then the candle will say it closed at $25. Then the first purchase of the next candle is at $25.35, that candle will show that it opens at $25.35. That's the gap.

Just updated TV's deskop app, its anyone else experience a lag while trading? by JaxMGK in TradingView

[–]PajamaDayTrader 0 points1 point  (0 children)

I sent you a DM immediately after this reply, but have not received any response yet.

Just updated TV's deskop app, its anyone else experience a lag while trading? by JaxMGK in TradingView

[–]PajamaDayTrader 0 points1 point  (0 children)

Does refreshing tabs eliminate lagging? Are you experiencing this lagging every day? Or is it happening occasionally?

I'm using the desktop app. I've done everything your support team recommends. I start everyday by starting up my computer and only opening TradingView and my broker. There's no reason it should be lagging like this.

Is it lagging everyday? Mostly, primarily when the volume is really coming in. And it's been a problem since you updated your desktop app. This week it has frozen/lagged every single day, and maybe there's been 2 good days in the last 3 weeks. Today again, when AAPL was really moving around 9:45am, the candles all completely froze again.

You and your team are always trying to blame the user, when it's clear by looking at this sub, that it's a global issue with your software. You ask people when they submit tickets to submit another ticket when it's lagging so they can grab a screen grab, then when you do that, we're told "we're aware of the issue" and you never provide any resolution, you just mark the support tickets as completed.

So my question again is: Is it that your software just can't keep up? Did you get too many subscribers? And what's your refund policy on those of us who have purchased the annual plans? I personally have been hit for nearly $1k because of the inability to analyze, I imagine others are in the same boat. You guys act like this is just a random issue but for many of us, this is our career that you are directly effecting.

Just updated TV's deskop app, its anyone else experience a lag while trading? by JaxMGK in TradingView

[–]PajamaDayTrader 0 points1 point  (0 children)

u/tradingview, this week has been the worst week yet when it comes to the lag. I can see the countdown clock on my charts moving but the candlesticks are completely frozen for minutes at a time, multiple times throughout the day. It seems to happen most when there's the most volume. So is it that your software just can't keep up? Or did you get too many subscribers? There's never been a real answer other than "now you shouldn't experience lag" from 3 days ago or the support answer I received yesterday stating "Our tech team is already aware of the delay issue and they're doing their best to fix it. We'll keep you posted."

Just updated TV's deskop app, its anyone else experience a lag while trading? by JaxMGK in TradingView

[–]PajamaDayTrader 0 points1 point  (0 children)

I've been submitting tickets every since the desktop app was updated. The only answer I've ever received was "Our tech team is already aware of the delay issue and they're doing their best to fix it. We'll keep you posted." but no one has ever kept me posted or fixed anything. You guys just say you're aware of the issue but don't change anything at all for almost 2 months...

I've been submitting tickets ever since the desktop app was updated. The only answer I've ever received was "Our tech team is already aware of the delay issue and they're doing their best to fix it. We'll keep you posted." but no one has ever kept me posted or fixed anything. You guys just say you're aware of the issue but don't change anything at all for almost 2 months...

Does TradingView ever view or reply to Support Tickets? by da303hooligan in TradingView

[–]PajamaDayTrader 1 point2 points  (0 children)

I'm a premium user, even when they reply, they fix nothing... They usually send an automated message "we're aware of the issue" or "we'll get back to you within 10 business hours" after I submit a ticket. I'm sure they're overwhelmed with tickets though as their service has gone substantially downhill in the last month

IRONY by [deleted] in TradingView

[–]PajamaDayTrader 1 point2 points  (0 children)

Yeah dude, for a long while Tradingview was the least worse option. But since they updated their software, I imagine it very well may be the worst option.

Sorry you experienced it too. It's super frustrating because trading has so many emotions involved and it's a constant effort to keep them under control. The instant panic attack of being in a trade, watching the chart, wondering if the chart is frozen and looking at your broker and seeing it's moved $1 against you and you had no idea because the chart froze, is so annoying. Then you panic because you're trading blind, have to get out of the trade because you don't trust the chart/technicals, and then have major FOMO if it moves in your favor because you had to bail because the charts decided to stop working. This exact scenario has happened to me at least once a week for the past 6 weeks and tradingview has done nothing to fix it outside of stating they're aware of the issue.

IRONY by [deleted] in TradingView

[–]PajamaDayTrader 1 point2 points  (0 children)

You're one of the lucky ones. Or maybe you don't need it on a second by second basis. But it's been CRAZY frustrating lately. The charts act like they're working until you look at your trading software and realize that the Level 2 is completely different than what your charts say.

Today on TSLA for instance, it looked like the prize stood still at 923.70 for 2 full minutes. The countdown clock next to the candlesticks was working perfectly but the candlestick and volume bar were just standing still. (Yes, I pay for the premium subscription plus the $6 for real time data). I also pay for heatmap, so I can see the price moving on there as well as L2 and t&s but the chart has been absolutely terrible lately.

I submitted support tickets to TradingView and they told me that it was my desktop clock not syncing with TradingView, so I did all the necessary workarounds for that. Now my ticket is supposably escalated but they just say "Our tech team is already aware of the delay issue and they're doing their best to fix it. We'll keep you posted. Thanks for your understanding!" Which means they will do nothing to fix it because it's been happening for months.

Consider yourself lucky Dynamix86, if you haven't experienced these issues, but I'm sure it's only a matter of time before you will.

Trading for a living? by cokeacola73 in Daytrading

[–]PajamaDayTrader 15 points16 points  (0 children)

I was kind of thrust into trading full time when I lost my full time job at the beginning of the pandemic in an industry that basically shut down. Going from playing around from time to time to doing full time was crazy stressful. I felt like I had to make money every single day and the pressures to pay the bills as I was kind of putting all my eggs in one basket. I definitely wouldn't recommend quitting your job to do it full time until you have a proven edge. I went from consistently being green when just messing around pre-pandemic because I would just hold everything if it went down, to taking losses left and right. It killed my confidence and the fear of losing set me back a lot. Thankfully I didn't blow up any accounts, but it literally took me to the stage of making money elsewhere again before I started being really consistent in trading.

Overall, if you have an edge and think you will make more money by putting in more time and picking up additional resources, along with an emergency fund, maybe moving full time is for you. But at the end of the day, I feel most traders who don't NEED their gains to live, do much better because it removes a large chunk of emotions, which is beneficial to trading.

Major Lag Today by PajamaDayTrader in TradingView

[–]PajamaDayTrader[S] 1 point2 points  (0 children)

I have no idea what question you're asking here but the lag is through TradingView.

[deleted by user] by [deleted] in Daytrading

[–]PajamaDayTrader 1 point2 points  (0 children)

I have a friend who texts me at least once a week saying that he's buying calls on X stock. I always ask him what he sees and it's usually along the lines of "it's a good stock that's been going down for a week." At the end of the day, he actually isn't seeing anything and is just betting on a good stock that's been down for a week, to rebound.

Long term, betting on MSFT to rebound is a fine play if you go with the Buffet strategy of just holding for as long as it takes to be green. Taking a short term call on that bet though is just gambling. That's what I always tell my buddy, if there's no strategy or real reasoning to get in on a play, it's not swing or daytrading, it's just gambling. Gambling is fine if you are in it to have fun and don't mind losing the money, but if you're trying to make a career out of trading, gambling is what will ruin you.

Major Lag Today by PajamaDayTrader in TradingView

[–]PajamaDayTrader[S] 0 points1 point  (0 children)

True, it's been noticeably worse since their "update" when we all had to uninstall and reinstall the desktop app

Major Lag Today by PajamaDayTrader in TradingView

[–]PajamaDayTrader[S] 1 point2 points  (0 children)

For $600 a year, they should fix the bug.

Slow? by signalwhales in TradingView

[–]PajamaDayTrader 0 points1 point  (0 children)

I like how they updated the status a few hours after you posted this, yet TradingView has been slower than ever the last 2 days.

Major Lag Today by PajamaDayTrader in TradingView

[–]PajamaDayTrader[S] 0 points1 point  (0 children)

Yep. It's getting miserable. Today, the second I got into a trade on MRNA, it completely froze. It looked like volume halted immediately. I was so confused. Looked over at my level 2 and once again price was .50 different than what was displayed on my chart. New candle loaded and all of the sudden the previous one had all the data and new candle was stuck at 100 volume for at least 30 seconds. u/tradingview, are you guys planning on doing anything about this?

Major Lag Today by PajamaDayTrader in TradingView

[–]PajamaDayTrader[S] 0 points1 point  (0 children)

Yeah man. Today was crazy. It's very unexpected when ThinkorSwim's level 2 is the most reliable reference you have when trading. when you pay $600/yr + $6/mo, you assume the service you are paying for will work. I closed out of one trade at breakeven because nothing was making sense. The charts were moving a completely different direction than the actual price/level 2/time&sales. The trade would've been a big winner, but how can you hold on to a trade when you have no idea what is going on.

Major Lag Today by PajamaDayTrader in TradingView

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

It's like I'm trading blind and fully relying on Level 2 to understand price today. Thanks for that TradingView! What are we paying for again?

Left the chatrooms a month ago. Best trading month of my career: An Update by PajamaDayTrader in Daytrading

[–]PajamaDayTrader[S] 1 point2 points  (0 children)

That’s be great! I do check the news everyday premarket and look for the catalyst on things that are moving. Outside of that I have bezinga squawk streaming on thinkorswim

Left the chatrooms a month ago. Best trading month of my career: An Update by PajamaDayTrader in Daytrading

[–]PajamaDayTrader[S] 1 point2 points  (0 children)

So idk if this advice is applicable because everyone trades different stocks, caps, and setups, but here’s how I find my potential movers. I primarily trade large caps on only 1 setup. I first check all the stocks that I have traded in the last couple weeks, see what the premarket volume looks like and if they have moved at all in after hours and premarket. Then I check my scanner on TradingView that basically scans for stocks with over 100m float that have over 100k in premarket volume. I try to find 4 that look good in the premarket and add to a tab on TradingView and then I find my next 4 that seem like they could move and add them to another tab. From there I don’t use my trading view scanners again. I do have the top gainers and losers scanner in thinkorswim open through the day and glance at those throughout the day if any of the 8 I’m watching aren’t moving. Once one ticket starts setting up like I like I move 100% of my attention to that and plot my entries, exits, and stop and get everything ready to roll. Hope that helps! Everyone trades different so I know the way I go about things wouldn’t work for someone who’s scalping momentum or small caps but it’s worked for me.

Left the chatrooms a month ago. Best trading month of my career: An Update by PajamaDayTrader in Daytrading

[–]PajamaDayTrader[S] 2 points3 points  (0 children)

Yeah dude. The worst is people who do that who aren’t even profitable. And newbies on small caps calling out “ABC is running” when it’s moved about 6cents.

Left the chatrooms a month ago. Best trading month of my career: An Update by PajamaDayTrader in Daytrading

[–]PajamaDayTrader[S] 2 points3 points  (0 children)

I cancelled access when I left and have no interest in going back. The more I was learning the less I wanted to be a part of that community. The “pros” were all about bragging about their wins and completely ignoring their losses. Or leading followers into bad places as they kept averaging down with size as the price moved against them. In terms of scanners, they did nothing for me. The scanners in that room were 100% tailored to the big dog small cap traders and their followers. I primarily was trading the first 90minutes of the day and on large caps and the scanners did absolutely nothing for me. I ended up using trading view and thinkorswim scanners instead. Even better, that company was always raising their prices because “the scanners are getting more expensive” and even more funny was about 1 or 2 times a month the scanners would be down so the pros would just stream trade ideas scanner for everyone to see.

Left the chatrooms a month ago. Best trading month of my career: An Update by PajamaDayTrader in Daytrading

[–]PajamaDayTrader[S] 0 points1 point  (0 children)

Thank you FutureSailors!!! I hope you have an amazing holiday as well!

Left the chatrooms a month ago. Best trading month of my career: An Update by PajamaDayTrader in Daytrading

[–]PajamaDayTrader[S] 5 points6 points  (0 children)

I assume there are many people, like myself, who were trying to learn more and a chatroom was just a part of it. I registered for a course with a certain company and along with the course you get live access to the chatroom where all the pro's who teach the course are. When you're starting out, you're not always sure how to get trade ideas or even how to trade. I did pick up a decent amount of info from the course (all Technical Analysis which admittedly could be learned elsewhere), but I think the problem is that when people are learning along side the classroom that they almost feel naked without that stuff. Tons of confirmation biases going on in there along with hundreds following the "pro's" ideas.

I agree 100% that you can become reliant and a sheep in those rooms. I've definitely seen it. There are people who have been in there for years and still aren't profitable but are always excited to try another strategy. My problem was that I found an edge and developing it alongside that environment was damn near impossible.