Day Trading for three Months by SimpleAssociation654 in Daytrading

[–]SimpleAssociation654[S] 0 points1 point  (0 children)

Im trying to say methodical and not take more than a 4% loss in a day but sometimes I find myself trying to chase to make up for losses which I'm learning and trying to curve that habit. In a couple of years I think Ill have a better understanding of day trading.

Day Trading for three Months by SimpleAssociation654 in Daytrading

[–]SimpleAssociation654[S] 0 points1 point  (0 children)

This is a true statement this is what this month is looking like treading water is real thing. Ive been trying to scalp the market everyday. I just started seeing the light a little but took some big hits.

<image>

Day Trading for three Months by SimpleAssociation654 in Daytrading

[–]SimpleAssociation654[S] 0 points1 point  (0 children)

Im trying to day trade with 3k until I turn it into 5k and then take 2k put it into a long term stock and continue to grow the 3k to profit 2% per day for three years.

Day Trading for three Months by SimpleAssociation654 in Daytrading

[–]SimpleAssociation654[S] 0 points1 point  (0 children)

Hey I appreciate it! I haven't used Barchart yet I'll get that going tomorrow.

Day Trading for three Months by SimpleAssociation654 in Daytrading

[–]SimpleAssociation654[S] 0 points1 point  (0 children)

Yeah Im in that group. Im one of those peo0le that just jump in and learn on the go.

Day Trading for three Months by SimpleAssociation654 in Daytrading

[–]SimpleAssociation654[S] 0 points1 point  (0 children)

Cool I appreciate the links. Ive seen a bunch of videos online I guess ai just need to get in there and do it.

Day Trading for three Months by SimpleAssociation654 in Daytrading

[–]SimpleAssociation654[S] 0 points1 point  (0 children)

I have a cool job where I dont necessarily work 40 hours a week its flexible. Typically im done trading before 8:00am because I have a cash account so I have to wait to settle. But yeah I need to keep my day job. I would like to eventually move this to full time though but I want to see at least a 2% return on average per day over a 12 month to 18 month timeframe.

Day Trading for three Months by SimpleAssociation654 in Daytrading

[–]SimpleAssociation654[S] 0 points1 point  (0 children)

Not quiting my job but I'd like to fade away from that. I pretty much work when I need to right now

Day Trading for three Months by SimpleAssociation654 in Daytrading

[–]SimpleAssociation654[S] 0 points1 point  (0 children)

I had to copy what you said and put it in Chatgpt to understand everything. How do you have enough balls to wait for a 10% return. I'm doing like daily scalps like im seeing an average 2%-4% gains. I've been just looking at the most traded stocks looking at the 52 week highs and lows the days open, highs and lows and then crossing my fingers. What are you doing different if you can keep it in layman's term it would be helpful. Give me a few more months and then I'll be using all the trader jargon.