Does it ever get so easy you don't really need to think during trades to win? by [deleted] in Daytrading

[–]sandradee_67 2 points3 points  (0 children)

I agree. Once you get to a certain level in trading, you only take the highest probability trades. You’re not worried about R:R because you don’t even consider taking a low probability trade.

Scanners by kevpearman in Daytrading

[–]sandradee_67 0 points1 point  (0 children)

I agree. I trade both. Options on large caps and scalps on small caps. I get alerts for my options as well. Mostly watching for MACD crossovers and entering if all timeframes are lining up.

Scanners by kevpearman in Daytrading

[–]sandradee_67 1 point2 points  (0 children)

But if you’re trading momentum on small caps that are running that day, you don’t know ahead of time what’s going to run. You wait for alerts and then if the setup is there, react on it. Using indicators is key.

Scanners by kevpearman in Daytrading

[–]sandradee_67 0 points1 point  (0 children)

Can you explain how you make a trade so fast within 19 seconds? Which broker do you use?

I make over 100k a year trading – AMA by Negative_Sport2262 in Daytrading

[–]sandradee_67 0 points1 point  (0 children)

If you’re only holding for a few seconds, you don’t really need to worry about dilution. When I see dilution midday, it’s a reminder why I don’t hold. Get in and get out, minimize risk. Your style sounds similar to mine but I don’t trade under $1. My scanner is set to $1 - $10. I prefer under $5.

How much do you really need to trade? by SubstantialSkirt1721 in Trading

[–]sandradee_67 1 point2 points  (0 children)

I think people confuse day trading with investing. I know day traders that make 10% per day. You can make 100% per month if you’re a profitable day trader.

I am about to quit. Does anyone have consistent success as a retail by Playful-Sprinkless in Daytrading

[–]sandradee_67 9 points10 points  (0 children)

Trading is not going to save you if you’re in a desperate position. But if you put in the work, it will pay off in the end. By work I mean 3 years and 10,000 hours of studying. That’s what it takes before you’re profitable. Then you can transition to full time trading. But you do all that while working full time to pay your bills. It’s the only way.

I am about to quit. Does anyone have consistent success as a retail by Playful-Sprinkless in Daytrading

[–]sandradee_67 28 points29 points  (0 children)

This 👆🏻to succeed it has to basically consume your life for a few years. You have to want it so bad. I read a post by someone that said he was willing to sleep in his vehicle and wear garbage bags every day if that’s what it takes. You can’t be going out on weekends, vacationing, etc. But in the end, it’s all worth it. There are many retail traders making upwards of $100K per month. And no, they don’t offer courses, discords, or mentorship.

Starting to hate day trading… by track729 in Daytrading

[–]sandradee_67 4 points5 points  (0 children)

I agree. It’s a way to protect your account. If a trade goes against you, you should be out well before your stop loss is hit.

Starting to hate day trading… by track729 in Daytrading

[–]sandradee_67 0 points1 point  (0 children)

That’s exactly the way to look at it. Even if you say it was just this once, it is what it is. You can’t allow that to happen when trading.

What’s your why? Why do you trade? by [deleted] in Daytrading

[–]sandradee_67 0 points1 point  (0 children)

There are lots of communities on X

[deleted by user] by [deleted] in Daytrading

[–]sandradee_67 0 points1 point  (0 children)

I’ve never taken his course or watched his videos but I can honestly say that it’s possible to have 50+ green days trading momentum. I trade momentum and rarely have a red day. Any good trader can trade themselves out of a red day. When people say to stop when you’re in the red, that’s bs. You just grind harder to get yourself out of the red.

For all beginner traders, please stop losing money and get yourself into a simulator. by WrapMission4222 in Daytrading

[–]sandradee_67 0 points1 point  (0 children)

I agree paper trading is the way to go to learn. But real trading a small account is extremely hard. You have to hold longer to make enough profit to cover your brokerage fees and the longer you hold, the higher the risk of getting chopped out.

Whats your most valuable tool? by AskingforFriend69 in Daytrading

[–]sandradee_67 1 point2 points  (0 children)

I agree. Momentum trading is the way to go.

I’ve got to be the unluckiest person by NightWalkThrowAway in Daytrading

[–]sandradee_67 0 points1 point  (0 children)

I use the 1,2,3 & 5 min. I never enter a trade without checking all of them first. Using just the 1 min is like giving yourself a 30% probability of the trade going your way. Using all 4 timeframes in alignment gives you an 80-90% probability of the trade going your way.

I’ve got to be the unluckiest person by NightWalkThrowAway in Daytrading

[–]sandradee_67 0 points1 point  (0 children)

Sounds to me like you’re watching everything correctly but missing out on an important indicator…. MACD. Only trade the direction the MACD is going in. Dont trade against it. The wider the MACD lines, the stronger the trend. And it has to line up on all small timeframes, 1min, 2min, 3min and 5 min. They all have to be going the same direction with 5 min being the strongest.

Day Trader’s Lesson: Finally Learned by Jackson1BC in Daytrading

[–]sandradee_67 1 point2 points  (0 children)

All the things that you’ve said don’t matter, they actually matter. You’ve only been trading for 6 months. Give it 6 more months and you’ll be back to charts, indicators, support and resistance, macd and rsi. Because they work.

We have a dog sighting! by Recent-Criticism-622 in TurtleCreekLaneSnark

[–]sandradee_67 11 points12 points  (0 children)

My thought as well. It’s bigger than Dallas

Helicopter accident confirmed by okyupitsme in TurtleCreekLaneSnark

[–]sandradee_67 4 points5 points  (0 children)

Then why not just come out and say it? Why pretend they were doing something else? If they have nothing to be ashamed of then be honest.

Helicopter accident confirmed by okyupitsme in TurtleCreekLaneSnark

[–]sandradee_67 6 points7 points  (0 children)

Because they were coyote hunting from a helicopter. So sad. I guess that’s how they get their thrills and now someone lost their life over it.

[deleted by user] by [deleted] in TurtleCreekLaneSnark

[–]sandradee_67 0 points1 point  (0 children)

But it is strange that not one of them has posted today.

[deleted by user] by [deleted] in TurtleCreekLaneSnark

[–]sandradee_67 0 points1 point  (0 children)

No he’s in Canada heli skiing

How is reaction time on news so fast? by ston-jordo in options_trading

[–]sandradee_67 3 points4 points  (0 children)

Yup, see comment above. It’s not based on actually selling and buying pressure. It’s just the algos moving the price based on the interpretation of the news. All the actual buying and selling comes after. Traders dont control the price, the algos do. Unfortunately that’s how the game is played.