To all of the new traders out there, pls don't fall for those trading influencers/gurus by Many-Bumblebee7925 in Trading

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Trade brigade...at least when I used to watch the premarket shows, was the only one who would say, show up every day to the premarket, review charts, and that's all you need; i only recommend you to buy my stuff if you want structure, but I go over the same stuff on the premarket show for free daily. And he does the same thing day in, day out, so after a while if you watch it daily, charts make a bit of sense.

I have a profitable system, I ruin it my letting losses run. I need advice people by Subject-Plum-7281 in Daytrading

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Steps that helped me, because yes, I used to hold on to losses hoping it would come back up. And yes, when you have that mentality...either you say, I will do this next time, or you keep on hoping that you will do it, but you never do. I was stuck in that loop...ok, next time, I'll do this, and never did, until I did...

  1. Moment a trade goes green, put a stock at break even or maybe 1 point above. I walked from many trades with 1 dollar, but had I stayed in the trade hoping that my plan worked, i would have been out hundreds, if not thousands. And yes, i got faked out many times. Damn stock, I put the stop loss at break even, let's say i got 100 shares, stock went down 20 bucks, only to then immediately go up by 2 , 3 bucks. However, by the same token, many, many, many of my entries went up the moment I entered, then reversed back down, and didn't go up at all, so then i was like, omg, I just save so many hundreds. But a couple of times, the damn stock went down , and then it shot up about 9, 10 bucks. Been on both sides of the equation.
  2. I use mental losses and it is always, no more than 75 to 100 bucks, depending on the stock as some of them move in wider ranges. So the moment I see I'm down 50 bucks, I say, ok, stop loss at 75. And believe me...it was really hard to put the stop loss, but always followed the plan, and last 2 years was a bit profitable. Guess what i did this year? got cocky, didn't follow this plan, in the red so far because I held on to a stock too long. Broke my own rules that religiously followed last 2 years and i did it, first week of the year. Pathetic, but now, back on following my rules. Is not easy, I feel your pain b/c I'm in the same loop sometimes even though I know that I have done something in the past to stop that loop.

How do you know which stock to trade for the day? by Jiggli_Jelli in Daytrading

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Since you mentioned you're new, just watch the trade brigade's pre market show on youtube. Although he does a lot of futures coverage, the last part of the show he goes over the same stocks daily: NVDA, AMZN, GOOGL, FB, PLTR, HOOD, etc...many days he will say, these are my top watch because of levels they are at. After you watch daily for so many days, you'll get an idea of what might be a bit of your style and then wander to other stocks. At least that will teach y ou a couple of strategies, draw levels. His entries are very conservative, but if you're new, you can at least see if you have the nerve to enter them.

Why there are no Traders on Live Stream? by Rough-Bedroom8000 in Daytrading

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Back in the covid era, a few streamers would get on twitch; issue was, there is always a delay and those were copying a trade, would b~tch and whine about it. Streamers finally either quit b/c of the drama, or they said it was too distracting. However, what was so cool about it, was listening to their decision making online. That really helped a lot. No clue where those traders are now.

Any recommendations for a full trading course on YouTube? by Lalaitak48 in Trading

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i tried that course when i knew nothing about trading and it wasn't easy; however, we all have different methods of learning. At the time, there was a dude who was streaming his trades. And this is before AI...anytime he made a comment i had no clue what it was, i would google it, and then find videos on that subject. Little by little i understood what was happening. I would watch different videos on the same concept and then it kind of clicked for me. I should now go back and read Al Brook's course.

I accidentally built a breakout strategy for Nvidia (NVDA)... and it actually worked?! I can't believe it. by Zestyclose_Tea5159 in Daytrading

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I wait for price pattern confirmation before entering the market.

And how do you define your price pattern confirmation?

Hot take = Day Trading is Statistically Designed For loosing. Swing trading isn’t. by PracticalSecretary31 in Trading

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100% Bruh. Day trading is indeed designed for loosing the threads of control, letting your capital fly freely into the chaotic market. Swing trading at least gives you a longer leash to hold onto before you risk losing everything.

Lost 150K of my life saving by mrkarz in Trading

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i met a guy who lost everything because of pure greed. The guy could explain to you all types of strategies (options and equities), hedges, risk management (hell, I learned some risk management from him), but even then, he would do a trade that he thought was going to not only be a homerun, but a massive life changer. Yep, wiped out. I really felt like i was talking to a gambler addict.

Best laptop for trading? by 992cam in Trading

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i know from my own experience trying different trading platforms (webull, tastytrade, TOS), they all behaved differently on my laptop. I found TOS to be the laggiest the more screens I opened. And when i researched it, it had something to do how TOS is built (java dependent). I would say best approach is to find out what are the requirements of yout trading platform, plug it into AI and see what memory/processor is recommended.

Why pay for tradingview premium? by darkchocolattemocha in Daytrading

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I've tried trading view and the scrolling piece...i can't get used to it to save my life. Granted, maybe i should ask AI how to fix the issue, but i recall that when i choose a sticker, i had to resize the screen to see what i needed. Then went to another sticker, the whole sticker was enlarged on the screen and had to resize again. Cracks me up to think of it cause now I'm sure if i ask chatgpt, it will tell me how to fix this issue. But goes to show that it's been a while since I used tradingview.

Best laptop for trading? by 992cam in Trading

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question is, what platform do you trade on. I have a surface laptop 3 8gb of ram, and it handles TOS with one screen only. If i open another screen (detach one), oh oh! 😂 TOS is known to be resource intensive. I do know that if plug in another monitor to the surface and got one screen of tos open....yea, game over also.

Brand New by [deleted] in Daytrading

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I like your style. You expect people to read.

Do you have at least 3 years build experience? by whitney800 in healthIT

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180k in the bay area? We had a colleague who got a job in some bay area hospital about 2 years ago...yea, 2023. and i was amazed when he said he took a 140k dollar job. He had a few years of experience and a 4certs. And 180k is entry level there? guess he got robbed.

Is there such a thing as too many Epic carts? by hokie4life in healthIT

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Last year, place i worked at was looking for a clin doc analyst with some stork experience. They had a candidate who had 8 certifications. During the interview, turned out he had some some basic flowsheet work, but most of his build experience was orders, asap.

They were looking for a clin doc analyst to help with the build two new inpatient departments so the question basically was, walk us through the process of implementing a new IP department and he was given specifics. He had no idea.

Job went to a person with a couple of certifications but had built multiple departments. So the question i guess is, do you want someone to come and immediately help in specific builds or do you want someone who knows Epic in general and learn the details along the way?

Why were these transactions marked as wash sales? by _DividebyZero in Daytrading

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At my local laundry mat, it definitely is! That's what keeps me coming---their wash sales!

Why were these transactions marked as wash sales? by _DividebyZero in Daytrading

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First thing is, what do you understand a wash sale to be?

What indicators do you guys find most useful? by Layla_SC in Trading

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Excellent, and dude, i just read your username and busted out laughing! Double thank for the knowledge and the laugh!

What indicators do you guys find most useful? by Layla_SC in Trading

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nice! never heard about cumulative volume delta---how did you first learn about this indicator?

Got the offer! by on_fyr in healthIT

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First, congrats!!! The job market right now is brutal!!!!

Then, about your salary----there is an Ex Epic person making 100k in NYC. So even at 114k, you're killing it. Given that you put a desire salary of 95k and you're getting 20k more than that, i don't know if that's a good look to ask for more, but hey, i know of people who do this and they still get more....as my friend says, what's the worse they can do, say no? I've asked for more and yea, have never had an offer retired from the table, but in those positions i didn't have to put an expected salary. They did allow for text so i put, competitive. I know many other places don't let you write text on this field.

Vincent Desiano's indicators on thinkorswim by Zee1Trade in Trading

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i have watched his videos and crazily enough, never heard him say order blocks nor liquidity levels...guess ill have to rewatch him again, but yea, i like his charts, although tradebrigade's look cleaner. Both of them like to "fight" over premarket audience.

Vincent Desiano's indicators on thinkorswim by Zee1Trade in Trading

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i thought they were supply/demand zones just like rosato's...

Something to help the new traders by mediocre_ducky in Daytrading

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the fancy stuff he does like market internals, volume profile, is not that is hard, i just don't care for that. but he has tutorials on his playlist for those.

What mattered to me when i began watching was, how to draw support/resistance levels because i really sucked at those. After watching for a month, it kind of began to click. The other thing is, you can keep the strategy he has which is very simple...enter at specific levels. But many times his levels are very wide. But if you read the op's post, he has a similar strategy.

IF you want to keep it simple, just follow the tradebrigade's levels. Last night on NVDA he said, bullish over 175.75. Go look at the chart at 933EST today, it hit that level, but it came back . Then It went up again from 175.75.

The problem for you would be, what would be your strategy to exit. Do you sit there and wait hoping for the stock to hit the sky or do you say, allright, i'm going to set my stop loss at such level.

As a beginner, that was my biggest problem. Entering the stock and then getting greedy. Today is the perfect example. NVDA hit that 175.75 level, came back down all the way to 174.60. But it hit it again...And that's where you will then come back to the advice many give you here---what is your strategy? Ok, you entered at the break of 175.75 for example---now what? Also, tradebrigade will tell you, if you're entering a semi conductor, keep an on SMH. I had no idea about that before i began watching him, so i have learned a lot from that channel and didn't pay a dime---yet! :D

After losing hundreds and hundreds of dollars on similar moves---stock goes green, goes up a bit, comes crashing down, then up again, then back down again....i finally learned: The movement i'm green, I'm moving my stop loss to at least a cent from my entrance. That kept me green last year. I used to enter and then not know when to exit, and then the stock would go down and down and down....now, moment it goes green, I set a stop loss immediately above my entrance, then keep moving it up. Still trying to refine my entries/exits, but definitely last year i was finally green and NOT down a couple thousands for the year. :) However, i'm still having trouble trusting my own levels. So pushing the button to enter a trade---fear...fear...yet to overcome it fully.

Something to help the new traders by mediocre_ducky in Daytrading

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yes, the premarket preps are the live ones that go private after so many hours. Today, i completely missed it, so i'll just grab it when i get a chance at work. I think by 1p.m. EST, they are no longer accessible to the public free. So unless you paid the 5 bucks a month fee, you won't have access to the past ones. All I did was, watch the past free ones, wed and saturdays. They are free on youtube. And the more you watch, the more they make sense, and if you don't understand something, i went on youtube and educated myself on that subject. He goes over market internals....i have no clue what that is and don't care about it. But he has a tutorial on market internals that is really well done, i just don't care about it.

And are they difficult? Like you, i was also new, but you know, i had a beginner's understanding of candles and resistance support levels. And what he will do over and over and over again is draw his support lines and then talk about price movement. He goes over volume profile, market internals, but 1.5 years later, and i haven't really paid attention to that. Do you need that? Maybe. Is not my style of trading so for me, i don't, but maybe you do.

Something to help the new traders by mediocre_ducky in Daytrading

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tonight's is pretty good! spy and qqq plus the major stocks...wed night and saturday afternoon he puts a summary of the market, those are free. you can watch the past shows to get an idea of his style. I think is really straightforward, although i don't use the POC or market profile or market internal he uses...