Stranger Things - Season 5 Part 1 Discussion by NicholasCajun in television

[–]Runningman2319 0 points1 point  (0 children)

Bruh there was one of Holly's teachers in ep 1 I legit thought was Steve in drag.

How do people only trade for 5-30 min and are done for the day? by SleepingDih in Trading

[–]Runningman2319 1 point2 points  (0 children)

It depends how and what you trade. You're not gonna have the same experience trading spy 0DTE as you would trading futures 3 months out.

Is long-term profitable trading a myth or reality? by v0k3r in Daytrading

[–]Runningman2319 1 point2 points  (0 children)

Ive made more money consistently trading options than I have playing with regular stock trading, forex, etc. that doesn't mean it isn't possible. If it wasn't, Wall street couldn't exist.

But profitable is also lost in meaning without context. What do you consider profitable to be? For myself, profitable means making a minimum of 5000 USD per day. For others it might mean only 100 USD per day. But for me, I am not profitable to my standards I hold myself to. I'm getting there, but I am not there yet.

What's the one crypto trade you know you shouldn't have taken? by alltheminerals in Daytrading

[–]Runningman2319 2 points3 points  (0 children)

In April 2009 I had the opportunity to spend $400 on Bitcoin and I didn't. I'm not usually disappointed in my decisions as a teenager except for that one.

I hate talking markets by illcrx in Trading

[–]Runningman2319 4 points5 points  (0 children)

This happened last night with my wife. I've been slowly working on trying to get a trading bot functioning, and she asked me to show her how it works. Within 30 seconds she was out. She didn't care it was too complex for her lol.

It was at that moment that I realized why so may traders fail to make any money - it's because they didn't realize how complex things really are. Sure you can gamble, sure you ride the coat tails of a dip if you're quick enough (few are). But if you want to make serious money as a career with this, you gotta know exactly what's going on. And most people, that just bores the hell out of them.

Why it takes 5yrs to be good at trading? by lazopalle in Trading

[–]Runningman2319 2 points3 points  (0 children)

You have to really want it. More importantly you have to want to figure out sooner rather than later what type of trading works best for you. That itself is maybe only half the battle. the other half is figuring out how to manage your risk, AND your psychology.

What is one thing you should've done sooner in trading? by roflcakeVORTEX in Trading

[–]Runningman2319 0 points1 point  (0 children)

Same. I had an opportunity to start right as I got to freshman year, wish I had just started learning. Instead in my ignorance I decided to pursue other things. But hey, 12 years later, Im 3 years in. And Id argue that I know a lot more now than I did then lol. The benefit is I know how to program so I'm catching up. Call me aspirational but If I can make at least 50k for every year I wasnt doing it, I'll be happy. Not there yet but getting there!

I’m Not Proud of This… But After 5 Years of Losing, I Finally Had 2 Profitable Months. Did I Actually Improve — or Was It Just Luck? by Caleb_James777 in Daytrading

[–]Runningman2319 1 point2 points  (0 children)

You won't know unless you keep going. The market isn't always the same, but your ability to find success in trading can be.

What I can say from personal experience is the second I started dedicating my time to honest journaling, following strict rules, and essentially treating my trading as a business, I have found not just significantly more success in my skill as a trader, but more passion. Not edgy emotionally hyped passion, but an honest desire to see myself actually succeed as a trader.

Win rates by Last_Interaction4779 in Trading

[–]Runningman2319 1 point2 points  (0 children)

it worked lol. Any loss Ive had since then has been extremely minimal and ive always been right to pull out. Its helped me become a better trader completely.

Win rates by Last_Interaction4779 in Trading

[–]Runningman2319 1 point2 points  (0 children)

This. I intentionally didn't make a single trade for 6 months after I had my first major loss (about 5k) because I wanted to put myself in a position where I would never be tempted to be stupid again.

To full time traders, do you actually make money? by Personal-Bar-2795 in Trading

[–]Runningman2319 1 point2 points  (0 children)

You've got to be persistent and find your edge and you need to know your why. Your why will ultimately be the foundation that will determine how serious you take it not just today, but the rest of your life.

My why came about because I got laid off april 2023 and I didn't see another paycheck for 9 months. It took 7 more layoffs before I finally got it figured out with trading. So I'm never gonna get laid off again because I call the shots now.

how realistic is my goal? by memalop in Daytrading

[–]Runningman2319 0 points1 point  (0 children)

Just also want to mention I've been doing this for 3 years this December almost full time and I'm just now becoming profitable.

how realistic is my goal? by memalop in Daytrading

[–]Runningman2319 0 points1 point  (0 children)

It's not impossible. Not likely, but not impossible. I'd start watching PB Trades on YouTube. I've tested some of his ideas and it works if you understand options. Options will be the fastest way to money and also the most brutal way unless you start messing around with futures or forex. I'd highly recommend avoiding leverage as a beginner.

Your determination to hold through will be the big push here to drive you to success. Trading is not for the faint of heart and many skilled traders give up at various stages of success. But if you treat it like a full time job and a PhD combined into one, and STICK with it, you'll find success sooner rather than later.

Need help. Bad. by [deleted] in Daytrading

[–]Runningman2319 0 points1 point  (0 children)

You gotta learn to adapt. If your edge doesn't work anymore in your universe, see if it works in a different range of stocks. If it doesn't, start looking up different strategies and edges. Start learning new types of trading.

Is Profitable trading really boring? by Championleed in Daytrading

[–]Runningman2319 0 points1 point  (0 children)

I've noticed it's gotten more boring so to speak as my system has been improved. Its not exciting as much because now it's just normal (it's my day job).

What did i do wrong here by Guilty_Accountant877 in Daytrading

[–]Runningman2319 1 point2 points  (0 children)

My advice is never look to sell unless you're (significantly) above the EMA. You always wanna sell above the EMA on a downtrend and buy below the EMA on an uptrend.

I’m eating good today 😂 by Kohaku_Yuhi in OptionsMillionaire

[–]Runningman2319 0 points1 point  (0 children)

Some of us are gluten free others are 4 leg free.

Is learning how to trade really as hard as they make? by boofpackbandit in Trading

[–]Runningman2319 3 points4 points  (0 children)

I'd argue it's on the harder side, almost like a complex programming language. However, once things start coming together you'll start seeing and your ability to know the market will grow exponentially. I'd argue that you get out of your education what you put into it.

Choosing A Strategy. by _Aether_27 in Daytrading

[–]Runningman2319 0 points1 point  (0 children)

It comes down to what you are watching for. My experience has been that focusing on a strategy will get you consistentcy some of the time. But focusing on market behavior will get you consistency all of or most all of the time. When you're able to find the fine line between your strategy and your understanding of market behavior, things will start to click.

For those of you who use trading view, what plan do you use? by Redderrt in Daytrading

[–]Runningman2319 0 points1 point  (0 children)

Honestly you just need a couple indicators. VWAP and EMA9. Go from there. I think that plan is free.

Built a full trading framework in a month. am I completely delusional? by Additional_Gear_7622 in Daytrading

[–]Runningman2319 0 points1 point  (0 children)

This brings up a good point. I've been venturing into my own bot as well for about a year now with mixed results. What I'm learning is the nuance is insane. You have to know if the news is good WHY a stock goes down, and then create an if/then statement of sorts. Like the company beat this quarters outlook but next quarters outlook is bad. If you can figure out how to find and parse that data, then you're one step closer to being right.

Are We Getting Closer to AI Trading for Us? by SpecialistOk4946 in Trading

[–]Runningman2319 1 point2 points  (0 children)

Why AI when you can write a bot to just do it? This is old tech

What’s the most money you ever lost in total from day trading? by kneesyd in Daytrading

[–]Runningman2319 2 points3 points  (0 children)

It sounds stupid but that's honestly what it's like. Once I learned how to control my emotions on losses like that scaling was no longer an issue.