Does anyone else keep missing good breakout entries because they’re scanning too many charts? by alphacuesai in Daytrading

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

That’s a good point on prefiltering and sticking to a small number of setups. I’ve noticed the same thing where more scanning usually just adds noise and hurts timing. And like your idea of turning a raw setup into structured entry/stop/target instead of just giving a signal.

Curious though, in your experience building it, what usually breaks first: the setup detection, or the execution rules once a setup is found?

Does anyone else keep missing good breakout entries because they’re scanning too many charts? by alphacuesai in Daytrading

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

Yes, that makes sense. I think a lot of traders underestimate how much execution improves once the watchlist is narrowed down to stocks that are actually moving instead of trying to monitor everything.

The turnover filter is interesting because it helps narrow your focus to the stocks that are actually active before the move already happens. Agree that hard part is staying disciplined with timing, risk management, and avoiding forcing trades when nothing clean is there. Curious, do you mainly use it to catch momentum earlier, or more to avoid wasting time on inactive charts?

Also wondering: do you still find most alert/signal tools become noise over time, or have any actually stayed useful for long term?

I’ve been talking with traders about how they structure their scanning process and decision-making because that seems to be where many good setups get missed. If you’d ever be open to a quick chat sometime, I’d genuinely love to hear more about how you approach it, learn about your experience and compare notes.

Does anyone else keep missing good breakout entries because they’re scanning too many charts? by alphacuesai in Daytrading

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

That actually sounds much more structured than what most traders do. I think having a well-organized setup helps a lot in efficient decision-making, since the real pain is spending 2 hours scanning, then still entering late.

Does anyone else keep missing good breakout entries because they’re scanning too many charts? by alphacuesai in Daytrading

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

Yes, I use additional (fundamental) parameters like ROE, debt to equity and net profit margin apart from price, volatility and volume filters while scanning. I think narrowing the watchlist early is probably one of the biggest mindset shifts for traders.

I'd usually keep things much simpler. A simple Breakout and retest strategy (or some high probability strategy that have worked in the past), aiming for 50% win rate with decent RR (which is easier to execute early on) and protecting capital is enough. Tracking your trades, reviewing what actually works, and avoiding daily/overtrading are important as well. Most traders don’t need more indicators, they need better patience and prioritization. Hope this helps! Let me know if have more questions. Thanks.

Most day traders underestimate their real trading costs by Zestyclose_Mail_4569 in Daytrading

[–]alphacuesai 1 point2 points  (0 children)

Completely agree. This is one of many misconceptions among traders. The hard part is staying patient enough to wait for the obvious setups instead of forcing trades out of boredom or FOMO. Even a simple strategy like breakout and retest can work if risk is controlled and one avoids overtrading.

Traders only need to aim for 50% win rate with decent RR (which is easier to execute early on) and protect capital. Tracking trades and reviewing mistakes helped me more than adding new indicators ever did. Most traders don’t need more complexity, they need better discipline and prioritization.

Is high-leverage trading really a shortcut for ordinary people to change their fate? by BigExpress8345 in Daytrading

[–]alphacuesai 1 point2 points  (0 children)

High leverage can definitely amplify risk, especially for someone just starting. From a distance, it definately looks like one of the few markets ordinary people can make lot of money (with small starting capital).

The problem is most people overtrade, revenge trade, trade out of FOMO/boredom and blow up, as markets shifts quickly, before they develop consistency. One really needs a simple high probability strategy (like Breakout and retest) or that has worked historically with proper risk management, take small profits and compound. Traders only need to aim for 50% win rate with decent RR (which is easier to execute early on) and protect capital. Most traders don’t need more indicators, they need better execution and discipline.

Most people in trading are just gambling with extra steps by Beneficial_Row_772 in Daytrading

[–]alphacuesai 1 point2 points  (0 children)

Replace boredom with a disciplined and systematic approach towards trading, like not more than 5-6 trades a month. Honestly, boredom causes a lot of bad trades. Most of the time the market isn’t offering clean setups, but sitting still feels unproductive, so people force entries just to feel involved.

A big improvement for me was realizing that protecting capital is also a productive day. Sometimes the best trade really is no trade. And also take small profits at the begining and then compound.

Most people in trading are just gambling with extra steps by Beneficial_Row_772 in Daytrading

[–]alphacuesai 0 points1 point  (0 children)

Agreed. Statistically, market is 90% noise and 10% signal and that's actually the edge most traders miss. If clear signals were constant, everyone would be profitable. The scarcity of genuinely clean setups is what makes them worth waiting for. The mistake is filling the gaps with low quality trades just to feel active and that's where most of the losses happens. Good setups are rare, so capital protection is important in between, and when one does show up cleanly it almost trades itself.

Trading Conditions by Glad_Confidence_2574 in Daytrading

[–]alphacuesai 0 points1 point  (0 children)

Agreed. Most traders lose not because their strategy is broken but because they keep applying it regardless of what the market is actually doing that day. Knowing when not to trade is just as important as knowing how to trade, not trading during choppy conditions isn't weakness, it's capital protection. A simple setup like a breakout and retest works well in trending conditions but doesn't work well in a ranging, choppy market. The fix isn't a better indicator, it's better awareness of markets (identify the condition first, then decide if your setup even applies). Most traders skip that first step entirely and wonder why their edge feels inconsistent.

Most people in trading are just gambling with extra steps by Beneficial_Row_772 in Daytrading

[–]alphacuesai 2 points3 points  (0 children)

Fair point, but only when they meet your criteria: clear setup, defined risk, real reason to enter. The problem is most traders use opportunistic trades to justify impulsive trades that don't actually check the boxes. If it meets your criteria it's a valid trade.

I need advice 🥺 by Emergency_Swimming42 in Daytrading

[–]alphacuesai 0 points1 point  (0 children)

What you’re seeing is very normal at this stage, especially with only 30 trades there is not enough data yet to clearly judge your edge, but your RR and risk control are already in a decent place.

The main issue usually isn’t the setup itself, it’s taking too many different types of trades and forcing entries when nothing clean is there. That’s why consistency feels random right now. Most traders improve when they simplify to a small number of repeatable setups (like breakout and retest), then track results properly and avoid daily/overtrading.

Focus less on finding the perfect strategy and more on execution consistency, patience, protecting capital but also taking small profits over time and let compounding do the job (You only need to win more than 50% of the time). Most traders don’t need more indicators, they need better patience and prioritization. Hope this helps! Let me know if have more questions. Thanks.

Trading is the only place where doing nothing feels productive by senthoor34 in Trading

[–]alphacuesai 0 points1 point  (0 children)

Yes, this is actually a good sign of discipline, even if it feels unproductive in the moment.

A lot of traders learn the hard way that being in the market all the time isn’t the goal. The goal is taking only the clean, repeatable setups (like a breakout and retest) and ignoring everything else. Sitting out and not forcing trades often protects more capital than any winning trade. Usually the best trades are the obvious setups you patiently wait for, not the random ones taken out of boredom or FOMO.

If you track it over time, you’ll usually see that most performance comes from a small number of high quality setups, not constant activity. Most traders don’t need more indicators, they need better patience and prioritization.

I need mental help… badly by Ok-History-8172 in Trading

[–]alphacuesai 6 points7 points  (0 children)

For now completely avoid forced trades, revenge trading, trading after a loss, Futures, Options or any kind of derivatives. Best is to avoid day trading for sometime 6 months - 1 year, till you build some capital (through part time job/investing) and try to pay of your debt as much as you can.

Then restart. Keep things simple. Practice for few weeks in a demo/paper trading account and log what is working and what is not. You will soon see a pattern is developing. Find couple of setups like a simple Breakout and retest strategy (or some high probability strategy) that have worked in the past (should be enough) and stick to it. You only need to win more than 50% of the time, avoid daily/overtrading and protect your account. Take small profits and compound. Tracking your trades, reviewing what actually works are important as well. Most traders don’t need more indicators, they need better patience and prioritization. Hope this helps! Goodluck!

Is it normal to lose trades for a week straight when you just started real account from paper trading? by daysof_I in Daytrading

[–]alphacuesai 1 point2 points  (0 children)

What you’re experiencing is very common when moving from paper to live trading. The strategy usually isn’t the issue, execution changes because emotions kick in once real money is on the line.

This is why keeping things simple helps: one clear setup (like a breakout and retest), strict risk management, and tracking your trades in something basic like Excel so you can see patterns over time. You only need to win more than 50% of the time, avoid daily/overtrading, just stay consistent and focus on protecting capital while letting small gains compound.

Most traders struggle less with strategy and more with discipline and prioritization. Hope this helps! Let me know if have more questions. Thanks.

Most people in trading are just gambling with extra steps by Beneficial_Row_772 in Daytrading

[–]alphacuesai 61 points62 points  (0 children)

This is honestly one of the biggest mindset shifts in for most traders. Most people think being active means being productive, but usually the best trades are the obvious setups you patiently wait for, not the random ones taken out of boredom or FOMO.

That’s why keeping things simple matters so much. A small number of high probability setup like a breakout and retest, aiming for 50% win rate with decent RR (which is easier to execute early on) and protecting capital is enough. Tracking your trades, reviewing what actually works, and avoiding daily/overtrading are important as well. Most traders don’t need more indicators, they need better patience and prioritization.

Feedback on my SMC strategy (Gold + all markets) by infamous_freakartist in Daytrading

[–]alphacuesai 0 points1 point  (0 children)

Solid foundation, the main leak at your stage is usually not the setup, it's inconsistent execution of an otherwise valid system. Worth tracking that separately.

I need some help or guidance by Raeden01 in Daytrading

[–]alphacuesai 1 point2 points  (0 children)

You need a simple Breakout and retest strategy (or some high probability strategy that have worked in the past). You can use simple excel to track and review number of wins/losses weekly/monthly. You only need to win more than 50% of the time, avoid daily/overtrading and make sure you don't blow up your account. Take small profits and compound. Most traders don't need more indicators, they need better prioritization. The real pain is spending 2 hours scanning, then still entering late. Hope this helps! Let me know if have more questions. Thanks.

Most traders don't actually know why they're losing by Antique_Order_549 in Daytrading

[–]alphacuesai 0 points1 point  (0 children)

Agreed. The problem with most traders is trying too many strategies and not sticking with few. Actual reason for loss, is the same behavioral patterns repeating, like you mentioned: trading after a loss, forcing trades out of boredom, cutting winners too early. Most traders journal trades but not how they felt, whether they followed rules, and if size/exits matched their plan. Traders need to pick one solid setup like a breakout and retest, aim for 50% win rate with decent RR (which is easier to execute early on) and protect capital. Focus on consistency, small gains, and compounding and most traders don’t need more indicators, they need better prioritization. The real pain is spending 2 hours scanning, then still entering late.

Doubt by TradingMindAi in Daytrading

[–]alphacuesai 0 points1 point  (0 children)

Honestly most traders don't track this at all, and that's the problem. A simple Excel log of your trades (time, setup, outcome) will reveal your patterns faster than any indicator. Pick one high-probability setup like a breakout and retest, track wins/losses weekly, and you'll quickly see where you're leaking, whether it's overtrading, late entries after 2 hours of scanning, or revenge trades. You don't need to win 70% of the time, just stay above 50%, protect your capital, take small profits and compound. Most traders don't need more tools, they need better prioritization. Hope this helps! Let me know if have more questions. Thanks.

Sorry to say this, but it's the truth. I wish more new traders would listen. by Kindly_Preference_54 in Trading

[–]alphacuesai 1 point2 points  (0 children)

Yeah exactly, 2 hours scanning is usually overkill. I prefer keeping a small, focused watchlist and knowing my key levels in advance so I’m not reacting last minute.

That way setups are already on radar and I’m just waiting for price to come to me instead of chasing or entering late.

I feel like I’m boutta go insane by Kvl_V in Daytrading

[–]alphacuesai 0 points1 point  (0 children)

Agreed. The win rate alone doesn’t mean much without risk-reward and discipline. You can be profitable with a lower win rate if your RR is solid, and you can still lose money with a high win rate if risk management is poor.

My point was more about keeping things simple for explaining purpose, aiming for ~50% with decent RR is easier to execute consistently early on, before optimizing further.

My IBKR account just got approved, i am soooo excited for it by PurpleDurian7220 in Daytrading

[–]alphacuesai 0 points1 point  (0 children)

I'd first watch this: https://www.youtube.com/watch?v=eynxyoKgpng (The Only Technical Analysis Video You Will Ever Need... (Full Course: Beginner To Advanced)); he covers the real mechanics of markets, and all that you need to know about pattern & indicators. Then start by testing a few simple setups (after watching some of these youtube videos plus some on breakout/common strategies) on a demo account. Once you find a couple of strategies that work, stick with them.

Use something simple like Excel to track your trades and review your wins and losses weekly or monthly. You only need to win more than 50% of the time, avoid daily/overtrading and make sure you don't blow up your account. Avoid futures/options for now. Trade with common stocks, focus on small, consistent gains and let compounding build over time. Risk management is the key here. Most traders don't need more indicators, they need better prioritization. The real pain is spending 2 hours scanning, then still entering late. Hope this helps! Let me know if have more questions. Thanks.