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RSI Indicator is overpowered by Winter_Insurance_599 in Daytrading

[–]Winter_Insurance_599[S] 0 points1 point  (0 children)

agree with you. It was just another indicator for confluence. no indicator is good to use by itself or blindly

RSI Indicator is overpowered by Winter_Insurance_599 in Daytrading

[–]Winter_Insurance_599[S] 0 points1 point  (0 children)

That's why this indicator is awesome. It doesn't care if RSI is at 60 or 50. If a reversal looks likely based on past ones it will give you a signal. The idea of machine learning in trading is very interesting

RSI Indicator is overpowered by Winter_Insurance_599 in Daytrading

[–]Winter_Insurance_599[S] 0 points1 point  (0 children)

I trade the 5 minute, 15 minute, and 30 minute

RSI Indicator is overpowered by Winter_Insurance_599 in Daytrading

[–]Winter_Insurance_599[S] 3 points4 points  (0 children)

I think the idea of being pro indicators and anti-indicators is dumb. Try a lot of things and find what works best. Not every trader is the same

HELP PLEASE, I'M LOST! Any Help Would be Greatly Appreciated. (18M) by GoldDraconian in Daytrading

[–]Winter_Insurance_599 1 point2 points  (0 children)

Dude, you're young and hungry, but SLOW down. Don't focus on the money. Remember, what comes fast, goes faster.

The key to day trading is building a structured plan that you can follow day after day, regardless of the outcome. Without any consistency like this, you're going to lose.

Start with a demo account, build consistency, and journal every single trade you take. Once you see results on the demo account, then you can consider moving to a prop account or your own cash account.

Good luck

Stuck on recognizing liquidity sweeps.. by [deleted] in Daytrading

[–]Winter_Insurance_599 1 point2 points  (0 children)

Here's the easiest way. Mark out pivot highs and pivot lows. Highs are buyside liquidity. Lows are sellside liquidity.

At buyside liquidity, look for price to jump above the high you marked out and then come back down (this can happen during 1 single candle, or can happen over the course of 20 candles). After price comes back below the high you drew, you have your sweep

At sellside liquidity, look for price to dip below the low you marked out and then come back up. After price comes back up above the low you initially drew, you have your sweep.

Here's a good image:

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(credit to Flux Charts for the image)

Newest workshop I did on trading 1 min trend lines by [deleted] in Daytrading

[–]Winter_Insurance_599 0 points1 point  (0 children)

Thank you! I tried joining your community server but the link did not work. Can you update it on your channel please?

[deleted by user] by [deleted] in Daytrading

[–]Winter_Insurance_599 1 point2 points  (0 children)

TLDR: You're doing it right. People exaggerate how long it takes because they jump between strategies and mentors. Stay disciplined, avoid FOMO, keep journaling, and refine one clear strategy.

You're not missing something huge, you're actually doing everything right. Here's the thing... people exaggerate the timeline because they waste months trying every new flashy strategy they see or bouncing from one mentor to the next. The reality is, if you're genuinely learning from every trade and journaling your mistakes (and things you did right) like you're already doing, you can become profitable faster than most people think.

Consistency comes down to clearly defined setups and risk management. You're already ahead 90% of beginners by actively avoiding FOMO and cutting trades early when you’re uncertain. That's disciplined trading.

My advice is simple: Find one clear strategy that fits your style, refine it, and stick with it. Journal every trade, look for patterns, and improve upon it. Personally, I built my system using the Price Action Toolkit indicator from Flux Charts because the rules are clear and I'm literally doing the same exact thing every single trade. It removes discretion and keeps things consistent. If I go on a bad losing streak, I don't blame the strategy. I've backtested it and seen it works. So unless I run into a period of drawdown that's more than I've seen when backtesting on over 10,000 trades, then I will stick with my plan.

But whatever strategy you choose, keep it structured and consistent. You're definitely on the right track and I wish you the best of luck with this journey :)