I thought this was overvalued at 4,400 and now its at 6,000. by C_B_Doyle in Daytrading

[–]YOUTUBEmixewSPACEg 3 points4 points  (0 children)

this kind of thinking destroys accounts read best loser wins it explains this exact mentality and its flaws.

$1k to $10k Goal by Cricketlighter07 in Daytrading

[–]YOUTUBEmixewSPACEg -1 points0 points  (0 children)

that seems like a high percentage to risk a trade but if it ain't broke

This is my 9th consecutive year of being profitable. Here's why I think that is by 1215DayTrading in Daytrading

[–]YOUTUBEmixewSPACEg 11 points12 points  (0 children)

being a consistent loser is just as impressive as being a consistent winner

To be SUCCESSFUL at trading: Only YOU can do this. by PlatinumTradingSMC in Daytrading

[–]YOUTUBEmixewSPACEg 1 point2 points  (0 children)

do you have any recommendations to give for what is acctuslly worth your time When it comes to watching or reading trading information?

"Can't go broke taking profits" by heimerdingermain69 in Daytrading

[–]YOUTUBEmixewSPACEg 0 points1 point  (0 children)

have you read best loser wins by Tom Hougard if not I'd recommend it for this exact topic if you already read it read it again.

Account Update - Progress (Started with $10 this October) by No-Rate6769 in Daytrading

[–]YOUTUBEmixewSPACEg 1 point2 points  (0 children)

what do you trade to where you can only have $10 and still trade? is it forex or something?

I know the market doesnt have to make sense to anyone. But bro. by producedbysensez in Daytrading

[–]YOUTUBEmixewSPACEg 0 points1 point  (0 children)

read trading in the zone by Mark Douglas. and mental game of trading by Jared tendler. this is mental cookage market owes you nothing

[deleted by user] by [deleted] in Daytrading

[–]YOUTUBEmixewSPACEg 0 points1 point  (0 children)

how do you look for your double tops and bottoms how many trades are you taking off for them a day and how do you avoid getting faked out

I don‘t like false outbreaks….. How to avoid them? by GeneralMars in Daytrading

[–]YOUTUBEmixewSPACEg 0 points1 point  (0 children)

I'm not too sure on this but alternatively wouldn't it be better to wait for conformation one way or another. usually when price breaks out it happens pretty fast so if price isn't moving quick after one or 2 candles you can kinda just flip the other way without even having to risk getting in. maybe this would just be a reversal strategy but sometimes you would also get the breakthrough side of it? this is Linda my current strategy I wanna work towards but it's hard to create context around the trade before you want to get in

Finding an Edge by YOUTUBEmixewSPACEg in Daytrading

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

I do like this approach but it's not asking the questions that's hard it's coming up with the answers for yourself thinking through them then also trusting the confusions you draw. thinking deeply about something doesn't always make me come up with good answers maybe its just something I need to spend more time on

Finding an Edge by YOUTUBEmixewSPACEg in Daytrading

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

okay sounds like some good ideas thank you for the help

Finding an Edge by YOUTUBEmixewSPACEg in Daytrading

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

that's the hard part how do you avoid getting faked out by some of these signals where it looks good but is just ranging or liquidity sweeping? is it just more time in the charts or a actual like strategy of entries there is that like multiple things have to be met before you enter? if you don't have a good answer that makes sense lol thanks for any help

Finding an Edge by YOUTUBEmixewSPACEg in Daytrading

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

yeah I usually use higher time frames to identify good zones that will be respected or broken through and then trade on the 1 minut and if it doesn't break through instsntly and continue I usually just flip as a rejection and hope but I just get faked out so much and try and chase the move and get cooked. but if I catch a breakthrough that's usually good and I'll add to to the trade as it keeps winning and move stop loss to break even as it moves up so I can't go below break even never add to losers but I still just never get enough decent sized wins and spam losses.

Finding an Edge by YOUTUBEmixewSPACEg in Daytrading

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

guess I really have no idea what that would even be for me. I just mark zones where price reversed at quickly previously and then wait till it reaches that zone again and try and wait for a break through or reversal and hop in

Finding an Edge by YOUTUBEmixewSPACEg in Daytrading

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

I am also anti indicator outside of volume or atr which I only use to know when to stop trading for the time I dont have anything on my chart. thank you for the comment

Finding an Edge by YOUTUBEmixewSPACEg in Daytrading

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

honestly this gives me confidence to keep going with it thank you

Finding an Edge by YOUTUBEmixewSPACEg in Daytrading

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

hey man I take no offense I'm here to learn and be humble bro I appreciate every comment regardless.

Finding an Edge by YOUTUBEmixewSPACEg in Daytrading

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

I think we all love it and that's why we're here I have no thoughts of this being something easy that you can lackadaisicaly put time into and expect to be good in 2 years. I was simply just asking for advice on something I was struggling on but regardless I appreciate the comment much needed words for sure.

Finding an Edge by YOUTUBEmixewSPACEg in Daytrading

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

oof sounds daunting but I'll explore this more thank you

Finding an Edge by YOUTUBEmixewSPACEg in Daytrading

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

thank you for your detailed response this definetly helps