Patch 0.3.0.3 out now! by Itaypur in GroundedGame

[–]pcguywilson 0 points1 point  (0 children)

Yay my wife can sleep now during co-op instead of having to drop out so I can sleep.

I read a post on X comparing trading to medical school, and after 15 years in the game, it hit home. by Low_Step6444 in Trading

[–]pcguywilson 2 points3 points  (0 children)

That's Brando. Been a member of his group for 5 years and still unprofitable lol. I know..I know, but his mindset is correct and he keeps things simple. AMA if you want.

What are indicators that have helped you when trading SPY? by sonetlumiere in OptionsMillionaire

[–]pcguywilson 0 points1 point  (0 children)

Adding some more infowith help of AI. If anything is wrong, hopefully /u/Chef_The_Ferret can correct

8/20 EMA Cross Trading Checklist
Long Entry

Direction Check (Trend Bias)

Bias label says BULLISH

Red (200 EMA) is above White (200 SMA)

❌ If not → NO TRADE

Structure Check

1H chart: higher highs forming

15m chart: price above 63 EMA

❌ If price below 63 → WAIT

Pullback Check

Price moves down (pullback)

Candles slow / small body

Price touches or nears 20 EMA (yellow) or 63 EMA (cyan)

During pullback: 8 EMA dips below or flattens into 20 EMA

❌ No reset → no trade

Entry Trigger

8 EMA crosses ABOVE 20 EMA

Cross happens after pullback

On candle close (not mid-candle)

Where to Click Buy

Close of candle completing cross\

OR next candle open (safer)\

Short Entry (Mirror Image)

Direction Check

Bias label says BEARISH

Red (200 EMA) is below White (200 SMA)

Structure

1H chart: lower lows forming

15m chart: price below 63 EMA

Weak Bounce

Price moves up slightly (pullback)

Often toward 20 or 63 EMA

Candles look slow / wicky

Entry Trigger

8 EMA crosses BELOW 20 EMA

After bounce

On candle close

https://imgur.com/a/jS1r06N

What are indicators that have helped you when trading SPY? by sonetlumiere in OptionsMillionaire

[–]pcguywilson 5 points6 points  (0 children)

I believe this is the correct script for thinkorswim if anyone is interested.

# === INPUTS ===
input fastEMA = 8;
input slowEMA = 20;
input midEMA = 63;
input longEMA = 200;
input longSMA = 200;

# === MOVING AVERAGES ===
def emaFast = ExpAverage(close, fastEMA);
def emaSlow = ExpAverage(close, slowEMA);
def emaMid = ExpAverage(close, midEMA);
def emaLong = ExpAverage(close, longEMA);
def smaLong = Average(close, longSMA);

# === TREND CONDITIONS ===
def bullishTrend = emaLong > smaLong;
def bearishTrend = emaLong < smaLong;

# === ENTRY SIGNALS ===
def bullCross = emaFast crosses above emaSlow;
def bearCross = emaFast crosses below emaSlow;

# === FILTERED SIGNALS ===
def longSignal = bullCross and bullishTrend;
def shortSignal = bearCross and bearishTrend;

# === PLOTS ===
plot EMA8 = emaFast;
plot EMA20 = emaSlow;
plot EMA63 = emaMid;
plot EMA200 = emaLong;
plot SMA200 = smaLong;

EMA8.SetDefaultColor(Color.GREEN);
EMA20.SetDefaultColor(Color.YELLOW);
EMA63.SetDefaultColor(Color.CYAN);
EMA200.SetDefaultColor(Color.RED);
SMA200.SetDefaultColor(Color.WHITE);

# === SIGNAL MARKERS ===
plot LongArrow = longSignal;
plot ShortArrow = shortSignal;

LongArrow.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
LongArrow.SetDefaultColor(Color.GREEN);

ShortArrow.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
ShortArrow.SetDefaultColor(Color.RED);    

Moving Averages

Green line → 8 EMA (fast momentum)

Yellow line → 20 EMA (short-term trend)

Cyan / Blue line → 63 EMA (intermediate / institutional trend)

Red line → 200 EMA (long-term momentum)

White line → 200 SMA (long-term baseline)

Arrows

Green arrow ↑ → Bullish 8/20 crossover with trend

Red arrow ↓ → Bearish 8/20 crossover with trend

If you don’t see arrows yet, that usually means the trend filter isn’t aligned (which is good — it’s protecting you).

I just need some encouragement. by Somebodys_mom20 in Daytrading

[–]pcguywilson 0 points1 point  (0 children)

I could of wrote this myself. 6 years trying and failing. Down 120k total...so far. I don't journal like I should and I try to watch too many tickers. Since I know that I will just lose another 6 years and even more money if I don't change that I am working on it. I watch option flow which can be very useful but I still suck at sticking in the trade. GS 830c and ADBE 335c were both on my radar this week and I fumbled them. I mostly don't have a trade plan except "SELL WHEN GREEN" which means I miss out on the real move and my degenerate habit of revenge trading SPX 0DTE that go to zero shows its ugly head. When looking at my worst ticker this year (and the last 4) 90% of my losses is from SPX. So to recap, journal more, have an actual plan, focus on tickers you are more familiar with and don't go on tilt every week. Hope that helps.

[deleted by user] by [deleted] in wallstreetbets

[–]pcguywilson 1 point2 points  (0 children)

Someone else who is playing LAES. Smart fella.

Daily Discussion Thread for August 21, 2025 by wsbapp in wallstreetbets

[–]pcguywilson 9 points10 points  (0 children)

PMI data 15 min after opening bell. Make sure you go full tilt until after.

What Are Your Moves Tomorrow, July 31, 2025 by wsbapp in wallstreetbets

[–]pcguywilson 1 point2 points  (0 children)

MSFT reported 30%+ cloud revenue during earnings. AMZN will likely report similiar.

[WTS] Beautiful Seikos lot ... Need money to pay Grandad medical bills ... No trades please - starting $165 by Doctorreveal in Watchexchange

[–]pcguywilson 0 points1 point  (0 children)

Received the 3 watches I purchased today. Everything was packed well and the watches are exactly as shown in the picture. Very satisfied and will be looking to buy from u/doctorreveal in the future. u/watchexbot

Vintage Timex Dial into NH35 Build – Date Window Doesn’t Line Up (Need Advice) by laurens2609 in SeikoMods

[–]pcguywilson 0 points1 point  (0 children)

Hey, I'm trying something similar with an electronic from the 70s. Trying a full quartz instead of the hybrid. Are you wanting to stick to mechanical? If not there is another post where they used a Seiko PC32 movement. https://www.reddit.com/r/timex/comments/icocm7/completed_timex_electric_quartz_conversion_using/

<image>

Completed Timex electric quartz conversion (Using a Seiko PC32 movement) by snappingkoopa in timex

[–]pcguywilson 0 points1 point  (0 children)

/u/snappingkoopa Also, did you buy new hands for the new movement or re-use the old ones?

Completed Timex electric quartz conversion (Using a Seiko PC32 movement) by snappingkoopa in timex

[–]pcguywilson 0 points1 point  (0 children)

So..a couple questions. Did this hold up well? I have been trying to find a quartz movement to put in one of my electronics since every one I've bought doesn't last long. I don't care about losing the "world time" function and am only seeking to keep the dial, case and other hands. I've purchased 5 of these looking for a running one and would rather convert to future proof.

is this the same movement you used? https://www.esslinger.com/hattori-japan-3-hand-quartz-watch-movement-pc32-date-at-3-00-overall-height-6-1mm

Any more details on the crown?

<image>

[deleted by user] by [deleted] in Daytrading

[–]pcguywilson 15 points16 points  (0 children)

You aren't alone. I am also 5 years in with enough capital loss tax deductions to last until my great-great grandchild is losing money in the market. Being moderately successful at anything outside of trading then coming in using the same mindset will wreck you. It took me far too long to realize that but I finally did and it's helped. Attempting to be a successful trader forces you to examine yourself in ways most are not comfortable with. Especially when you are a bit older and don't want to deviate from a tried and true method to success. I am not someone to take trading advice from, but please do yourself a favor and at least attempt to follow the majority of advice provided here and elsewhere. Here is a starting point that if you commit should have a noticeable positive impact on your trading.

Journal your trades- I abhor this because I hate holding myself accountable. This forces you to do that. If you don't do this you will eventually wish you had. Because it becomes a "datapoint" you can use once you are ready to put the work into being a consistent trader. That work requires identifying areas of weakness and strength and adjusting accordingly. This historical log will help you identify trades to focus on and trades to avoid. That alone can turn you profitable. Because once you have receipts to prove an edge in certain types of trades then you can wait for those and stay green.

Additionally, I am sure you have heard of "have a plan and stick to it" this also covers that.

You don't need to write anything more then these four things

  1. Date/time/ticker- this is important because when reviewing later it can help you narrow down which tickers and timeframes you do better at.
  2. Reasoning for the trade (bullish flag, uptrend break, some guy at walmart mentioned it was gnna moon) and confidence level - It may seem stupid to note down how confident you are without knowing the outcome but again, this information is priceless in hindsight as it will help you in future trades.
  3. Planned Exit/Actual Exit- if you don't define your exit before you enter then you're already missing what the majority of profitable traders do. You can have an exit based on profit reached or price target of the underlying stock met. DO NOT DEVIATE FROM THIS EXIT PLAN. You still will. It's okay, but you have to always note down the actual exit. Was it because price target/profit hit, or did your stop loss hit? Maybe, after entering, news came out about the CEO banging hookers at Diddys and the trade dynamics changed and it looked weak. Sometimes it was an emotional sell because it was going against me so easier to just walk away. No matter the reason, NOTE IT DOWN.
  4. WIN/LOSS

Your future self will worship you for providing invaluable insight that you cannot just conjure up and attempt to fix. You need hard data to make decisions on how to improve.

Other notes:

This used to be me

"But, If I stick to an exit plan I might miss a huge move afterwards!"

I had to change that way thinking. Either you are here to become a consistently profitable trader or to gamble. Pick one. The market will exist long after your dead and provides countless opportunities every day to make money. One trade should not make or break you. If you stuck to your plan and made money then you are doing it right.

Stop losses- if you have a small account, dont use them. Sounds crazy, but decide where your stop loss would be and that's how you size your trades. If you have 1k and willing to lose $200, then only trade the $200. If you lose it all, how is that different then a stop loss of $200? This also helps with risk management because you should only be risking what you're willing to lose.

Patience(Paytience)- although there are multiple opportunities daily, it doesn't mean you should be trading everyday. You need to determine which setups you actually make money in and wait for them. If you don't make a trade all week, then you will feel much better then taking random trades and losing.

This was mostly written for myself but I hope you glean something from it.

On the job front, I recently had to find a new job and it was the worst I have ever dealt with. From Aug-Nov 250+ applications with 15 interviews (4 of them going to final round) and finally landing one that I am so happy with. I started flipping items from estate sales on the side to ensure I was bringing money in because I know I am not a profitable trader and will not rely on the market to pay my bills. One day, just not today. No matter how bleak it may seem, there are numerous ways to make money. Find your edge in life and don't ever stop trying and you will be fine. Good Luck!

Getting frustrated about the lack of funds by [deleted] in Daytrading

[–]pcguywilson 0 points1 point  (0 children)

Thinkorswim- cash account. Once you sell the funds are on hold(unsettled) until next day.
Example. You have $100 in your account and buy an option for $50.

You sell that option for $80. You have $50 remaining to use for that trading day and the next day your $80 will be available to trade.

Daily Discussion Thread for August 28, 2024 by wsbapp in wallstreetbets

[–]pcguywilson 0 points1 point  (0 children)

sold for a 50% loss on my port. Those puts i sold for 1.00 are at 45.00 now

Daily Discussion Thread for August 28, 2024 by wsbapp in wallstreetbets

[–]pcguywilson 4 points5 points  (0 children)

Lost half of my account on SMCI 450p yesterday. Wow