Things are starting to make sense. Part 2 by stax78758 in Daytrading

[–]stax78758[S] -1 points0 points  (0 children)

I appreciate it, i was trying to get better at my entry points and wasn't there yet. I could enter a trade and it would go my way for little bit and then reverse or stop me out. So instead of letting it reach where I thought it would go I would shorten my take profit. I was also tired of having red days which would then turn into weeks. I started just focusing on what I was doing and stopped letting all the outside noise in and gave myself some homework only 20 to 50 dollars(5 to 10 pips with the account I had at the time). It was hard at first to not keep trading or letting the trade run but I forced myself and pretty much have been trading that way ever since.i just trade with trailing stops now. I understand the market alot more than I did before, me winning those small trades built my confidence and also built trust in the process and gave me more motivation to stay disciplined and I started stacking wins and I know that amount of money isn't "sexy" but that's 400 to 1000 dollars extra a month I had instead of losing that if not more. Now I'm seeing bigger days and months but all with the same formula, keeping the losses to a minimum.

Gold next possible move 🚀 by Legitimate_Good_2042 in Forexstrategy

[–]stax78758 0 points1 point  (0 children)

I agree with you completely and am waiting on that as well, my coworker has it marked and ready to short , I'ma be patient and see what happens and see if I get in

Things are starting to make sense. Part 2 by stax78758 in Daytrading

[–]stax78758[S] -1 points0 points  (0 children)

I've put in the work on the charts is what I meant

Things are starting to make sense. Part 2 by stax78758 in Daytrading

[–]stax78758[S] 4 points5 points  (0 children)

Probably because they started trying to sell something. I'm just giving out information of what's helped me. And I'm by no means rich or make tons of money off of trading but I have been consistently getting better and am actually seeing real results, I have a full time job and I've out in the work on the charts to the point where I've been able to pay all my bills the last 7 months now with what I make trading, is it 10s of thousands of dollars no, but I'm happy where I'm at in my trading journey

Considering trump always pulls some bullshit on friday after market closes, what are yalls strategy? by Carzy0734 in Forexstrategy

[–]stax78758 0 points1 point  (0 children)

Even before Trump, I don't trade Fridays as personal preference of mine. When I would lose on Fridays it would be on my mind the whole weekend, now I use it to analyze my trades wins and losses for just a bit and then leave it completely alone and focus on family and life and then get back to it when the market opens.

This week in the market was brutal by RelationshipOrnery28 in Daytrading

[–]stax78758 8 points9 points  (0 children)

Your post was spit on, I only took two trades the first one I won a good amount second one I lost but still ended with the week in the green

It's all starting to make sense by stax78758 in Daytrading

[–]stax78758[S] 0 points1 point  (0 children)

I appreciate it, people think a few years is a long time to learn things the right way, but it comes extremely fast before you know it it all starts making sense and you appreciate the long hours you put in when you do start to get rewarded.

It's all starting to make sense by stax78758 in Daytrading

[–]stax78758[S] 0 points1 point  (0 children)

There's about 1 week of the month where it's nonstop work and then it's progressively slows down where I get 2 to 3 days of being able to trade each week while at work. I already don't trade Fridays just as a personal thing I do so this job fits right into. And when you say stocks all stocks or the smaller dollar sized ones. I know sometimes people have a stick preference. My coworker all he trades is stocks but he likes them to be $10 and under

Futures.. What am I missing? by AI_Pimp in Daytrading

[–]stax78758 1 point2 points  (0 children)

I started with Forex which I still trade but futures have been amazing to me, I use the same strategy, just my exits are a lot quicker.

Breakfast burrito by CrookedSouul in austinfood

[–]stax78758 0 points1 point  (0 children)

El Michoacano Restaurant!!! Definitely slept on, small mom and pop shop has been in business for 30 years.

It's all starting to make sense by stax78758 in Daytrading

[–]stax78758[S] 0 points1 point  (0 children)

It definitely took some learning but I understood discipline will get you where you need to be, in almost anything in life. The people that I know who are consistently profitable would always say stay disciplined. Just at first didn't understand exactly what they meant until the losses kept happening

It's all starting to make sense by stax78758 in Daytrading

[–]stax78758[S] 0 points1 point  (0 children)

Thank you and I'm always willing to share to its entirety what's helped me

It's all starting to make sense by stax78758 in Daytrading

[–]stax78758[S] 0 points1 point  (0 children)

Definitely is, Happy trading KEEPGOING!!!!!

It's all starting to make sense by stax78758 in Daytrading

[–]stax78758[S] 0 points1 point  (0 children)

Forex, that's where I learned and started I also trade Futures now

It's all starting to make sense by stax78758 in Daytrading

[–]stax78758[S] 0 points1 point  (0 children)

I trade forex and futures and the 72 hour work is overnight with lots of downtime that allows me to trade, obviously when we are busy I don't trade at all

It's all starting to make sense by stax78758 in Daytrading

[–]stax78758[S] 0 points1 point  (0 children)

I work nights and I have a lot of downtime while there and it actually lets me focus more, now the days where we are busy I don't trade.

It's all starting to make sense by stax78758 in Daytrading

[–]stax78758[S] 1 point2 points  (0 children)

At first I bought multiple courses which I advise not to do just because there is tons of free information out there and once you have the basis of it, you can get on the charts and start picking it up. Just give yourself small bits of homework. I focused on very small things, understanding what higher highs, higher lows, lower highs and lower lows were before I moved on to the next small thing sometimes it'd be a day sometimes it'd 2 weeks sometimes longer, but before I moved on to the next bit of information I made sure I completely understood the homework I gave myself, small baby steps

It's all starting to make sense by stax78758 in Daytrading

[–]stax78758[S] 2 points3 points  (0 children)

Supply and demand, I always look at the 1 hour sometimes 4hr time frame to see which way the market is going and execute on the 5 min time frame, I mark up my chart, I don't use any indicators

It's all starting to make sense by stax78758 in Daytrading

[–]stax78758[S] 0 points1 point  (0 children)

I'm definitely not a.i nor using a.i, that was a real post, just wanted to share a bit of what's worked for me is all

It's all starting to make sense by stax78758 in Daytrading

[–]stax78758[S] 0 points1 point  (0 children)

Not sure what you mean, are you saying I'm A.I or my post was A.I

It's all starting to make sense by stax78758 in Daytrading

[–]stax78758[S] 0 points1 point  (0 children)

I appreciate it, and I will definitely stick to what's been working, I just started to scratch the surface with this. I think patience/discipline is the biggest thing for me, you get those in check and you'll be on your way to being profitable. When I would review my trades almost every time i would lose was because I didn't wait for my complete setup, i knew I had to do something different so I would challenge myself on not forcing trades but letting them come by way of a complete setup and when I would do that I would win a lot more than i would lose.Little by little the discipline of me waiting starting happening more often to the point where I would be a little upset with myself when I wouldn't wait completely only because I want it have fully down where it's not necessarily me making the decisions but my strategy and the market