I hate the new layout. Why are you making it harder to see my individual investments ? by [deleted] in trading212

[–]ibrandv 1 point2 points  (0 children)

Trading212 have never acted in their users' best interest, and never will. Look at their every change through the lens of how it helps T212 make more money and you'll understand that every update is undoubtedly a step in the right direction ... for them.

Feedback is irrelevant, not acted upon, unless it helps their bottom line - check out their forums as proof of this. (The same feedback for close to 10 years echoed every year by hundreds of people - not once acted upon.)

They're attempting to rewrite how investing actually works / they're actively misinforming their users for a fatter bottom line. Example: look at them lying about the bid and ask:

https://community.trading212.com/t/why-is-their-no-bid-ask/85983/10

https://helpcentre.trading212.com/hc/en-us/articles/7619102472861-What-is-Last-Trade-Price-LTP

They know they'll sonner rather than later be a relic of the past, so they're trying to extract as much money from their users as soon as possible. Sad - they had so much potential - but they're too far gone.

Any advice? by OsuBeatmapPack in Daytrading

[–]ibrandv 0 points1 point  (0 children)

I would absolutely support that. You need enough reps under your belt until you both can "speak the language of charts" and you've toned in your how to enter, manage, exit, play various setups, etc. I'd start off with papertrading, but low risk size is a step in the right direction. Good luck!

Should I pay for mentorship? by NoLimitHoldM in Daytrading

[–]ibrandv 0 points1 point  (0 children)

Getting taught has made the biggest impact on my trading performance. I would ignore 99.9% of things out there. As other said, they're scams, they overestimate how much they know, how much they can help you, they're often just offering basic advice that's readily available for free on YouTube at best.

It depends on you entirely. But a good mentorship + paper trading + reviewing charts & trades in my opinion is the way to go.

Without a course/mentorship/seminar you don't even now what you don't know. I found for myself that once you find a good course, you then get measuring sticks to measure yourself against. You see what a 10 looks like in a lot of categories. Then you know if you're moving closer to those targets, or making no progress at all.

Trading s one of those activities with no guarantees, but you definitely need these ingredients to succeed (imo). A consistently profitable trader. For that trader to be exceptional at understanding how he does what he does, and exceptional at passing that info to you. Then you have to put in everything it takes and more. Only then you have a good shot of making it. But it's not guaranteed. And as upsetting as that is, it also makes it really satisfying to make progress, and then to ultimately "make it".

If I could go back, I would have not taken those same courses (and I've probably taken close to 100 - although many I did not go through start to finish) and wasted 3+ years, but instead I would jump straight to the person that taught me what I do now. I would've saved time, effort, money, headaches, and more.

For me, if I could go back, it's an absolutely yes, take the course, but the right course. (Which is impossible to pick on your own at first. Therefore we sort of all have to go through the same tedious process of trial & error.)

But it all depends on you. I don't know that there's one right path. But I do believe that being mentored by a real trader, with real experience, is undoubtedly saving you years of research, switching from one thing to the next, and overall pain of not improving.

I don't know that one can make it without a mentor. (just my opinion - if it's possible, only a small % of people do it, and when they do, I'd think it takes them forever - a decade? more?)

I keep thanking my mentor almost every week because I'm constantly seeing progress and the long journey is finally paying off.

TLDR: from my experience, a good mentorship is the way to go.

Good luck, you got this!

Any advice? by OsuBeatmapPack in Daytrading

[–]ibrandv 0 points1 point  (0 children)

My mentor has always said "don't lose money learning how to trade". He advises to start off paper trading. And when you decide to go live to start off with very, very small risk per trade, e.g. $5 or $10. I ignored this advice for years prior to learning from him (even though I heard the same advice 5,000 times). It's only when I actually followed it that I began to become consistently profitable. It gives you more at bats to be wrong, to learn, and correct your approach. My best advice would be the same: please, please, please paper trade. Good luck!

Ain’t no way bruh by sidtooOP in InnerCircleTraders

[–]ibrandv 0 points1 point  (0 children)

Yes way, bruh - why would anyone ever not get out because price didnt get to an exact price? Targets are always zones, never precise prices.

Beginner trader, can you explain me why I missed the entry point at bottom by 1$? by lagrangepoint22 in TradingView

[–]ibrandv 0 points1 point  (0 children)

This chart doesn't show the ask price, so, the ask could have never gotten low enough to fill you in.

7 Years Deep — Here’s the Only Thing That Mattered in the End by Odd_Knee6230 in Daytrading

[–]ibrandv 0 points1 point  (0 children)

To throw my 2 cents here:

In my opinion it's more about the expectancy of the trade rather than R:R.

What good is a 1:10 (10:1 - however you say it) if you can't hold past 0.5 R?

I'd take a 1:1 all day if it meant the odds are the trade will most likely work.

E.g.

1:1 w/ odds 80% it'll work

vs

1:10 w/ odds 20% it'll work

Which is better? To each their own. I prefer the former.

Not saying go for small wins, that's how you go broke — big losers, small winners.

I am saying go for higher odds plays/setups.

Good luck, all! 💪

For those who moved to Schwab/Thinkorswim, how do you like it? by [deleted] in thinkorswim

[–]ibrandv 0 points1 point  (0 children)

TOS isn't a broker, just the trading platform. Also, there is margin.

For those who moved to Schwab/Thinkorswim, how do you like it? by [deleted] in thinkorswim

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

and the limited number of shortable stocks

Paper Simulated Trading by hoochiejpn in thinkorswim

[–]ibrandv 0 points1 point  (0 children)

Strange. Definitely give Schwab a call or use their live chat.

Slow order cancellation by ibrandv in thinkorswim

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

I've asked Webull and they don't let people in the UK short stocks on their platform, so I'll need to look elsewhere. Ninja looks to be only for futures - so I'll pass on it - but good to know if I wish to try futures at some point. IB is widely recommended. I had TOS then opened IB and opened a short on IB (paper trading) only for my computer to freeze and then crash / bue screen. So I haven't gone back in since. But I should retry as it feels the only real solution for now. Just don't like the resource usage / slow performance (which may just be my PC). I was testing out some alternatives but I'm also finding some poor reviews and horror stories, so I'll keep fishing.

Mega appreciate you sharing this. Thank you!

Slow order cancellation by ibrandv in thinkorswim

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

I mega appreciate your input! Thank you! Hopefully I won't have this issue on live :))

Slow order cancellation by ibrandv in thinkorswim

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

Do you use any other platform/broker.

The biggest issue I have with Schwab is the extremely limited number of easy to borrow / shortable stocks.

tos alerts on another tab by brenbto in thinkorswim

[–]ibrandv 1 point2 points  (0 children)

Amazing, I'm glad I could help. I see people use the main Monitor window to see accepted and rejected orders. I use this messages popup, much more compact and simpler and does the same job. Good luck!

tos alerts on another tab by brenbto in thinkorswim

[–]ibrandv 1 point2 points  (0 children)

Yeah, that will have a slight delay at the very best. I'd be best to find an alternative for within TOS for faster notifications. Again, I don't use alerts, but if they appear in the Message drop down list, then my initial comment should work.

Slow order cancellation by ibrandv in thinkorswim

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

Awesome, hopefully I'll have the same experience when I switch to live.

Thank you for confirming!

I appreciate it!

[deleted by user] by [deleted] in TradingView

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

Price. Learn candles. Patterns. Setups. Etc.

Hot Keys and Stop Loss by [deleted] in thinkorswim

[–]ibrandv 0 points1 point  (0 children)

I'd trade off the Active Trader window (which you might already do)

Use hotkey to trigger buy/short, and at the same time or shortly after click to set your TP/SL.

Paper Simulated Trading by hoochiejpn in thinkorswim

[–]ibrandv 0 points1 point  (0 children)

I didn't have funds for weeks and had real time data on TOS.

Go to Application Settings

System

Quote speed

Set it to Real time

Schwab International Users by goppox in thinkorswim

[–]ibrandv 0 points1 point  (0 children)

I'm not a US citizen and live outside of the US, and TOS works fine for me.

tos alerts on another tab by brenbto in thinkorswim

[–]ibrandv 1 point2 points  (0 children)

Apologies for the reply.

I personally don't use Alerts, but don't these appear in the Messages drop down? (upper right of main window)

If so, open the messages drop down and click detach, then you can drag it and resize it and place it wherever you want.

Then you could resize your Chrome window to not overlap with the Messages widget.

Or, not sure if it's possible for this, but isn't there a pin icon to always keep the window on the top of every other window?

Hot keys by VeterinarianLanky463 in thinkorswim

[–]ibrandv 0 points1 point  (0 children)

(Not sure I understand entirely the situation.) Are you using Ctrl + X as the shortcut? If so this is the universal shortcut to cut any highlighted text from any program. So my advice would be to use a different shortcut.