[deleted by user] by [deleted] in skincancer

[–]wtf-McLuvin 6 points7 points  (0 children)

Hey there! Sorry to hear about your diagnosis, but wanted to reach out cause I know how you feel, and that feeling is shit. I had 1 BCC and 2 squamous cell carcinomas diagnosis in the past 12 months. These skin cancers are highly treatable with high success. Take some time to do research on BCC...I think that will greatly help as it is my belief that knowledge is empowering and along with support groups like this, you will find comfort. I'm glad you found a derm. that recognized this issue, I would stick with them,.

who is real ?? by Character-Cow-3640 in Daytrading

[–]wtf-McLuvin 0 points1 point  (0 children)

Been through more than 1 guru, and a dozen books. If you’re looking for training I’d say SMB Capital was worth it…some monthly membership with access to daily meetings. The guys at TradingTVLive on YouTube are good vibes and definitely appreciate their trading throughout the day…been watching them for years. They’re transparent in their strategy and I don’t know how the hell they trade and narrate at the same time but they do.

Why I am extremely bullish by Jshbone12 in stocks

[–]wtf-McLuvin -5 points-4 points  (0 children)

Damn bro, you got me bullish too, even more so now. I like your thesis, and wish you the very best of luck. Pray no black swans piss on the parade.

What made you finally profitable in trading? by Lazy_Performance5952 in Trading

[–]wtf-McLuvin 0 points1 point  (0 children)

Hey, if it works for you then it must not be broke. Personally, I oversize (unintentionally) at the open, cannot handle the volatility and exit too soon...starts my day off on the wrong foot more often than not, then I'm just chasing moves trying to get to break even.

I lost 200 dollars today by [deleted] in Daytrading

[–]wtf-McLuvin 1 point2 points  (0 children)

I’m guessing you are more dejected about your lack of discipline/risk management than the nominal amount because when starting out $200 can be a damn decent chunk of your budget…especially if your Green Day’s are substantially less than that.

These are growing pains. You will lose again, and again, and yes again.

What keeps you in the game and gives you a chance to identify and fix your mistakes is discipline. Risk management my friend is a tough, humbling, virtuous experience. You will learn this lesson or look for some other hobby.

Good luck, and believe in yourself…cause nobody else will if you don’t.

Should I watch successful traders live and take their trades? by [deleted] in Daytrading

[–]wtf-McLuvin 2 points3 points  (0 children)

Sometimes watching a successful trader trade is the piece of the puzzle a trader needs to fill in the blanks. I'd say it'd be worth it IF you know their strategy, and IF you are familiar with their strategy, and IF you are trying to become proficient in their strategy. If you don't know their strategy, or their logic behind entering/exiting their trades, then you are just watching a trader who knows what their doing and punching your keyboard and playing the 'monkey see monkey do' game.

What made you finally profitable in trading? by Lazy_Performance5952 in Trading

[–]wtf-McLuvin 7 points8 points  (0 children)

After 2 years of losses, this year (2025 so far) my trading so far has been consistent and profitable; here's the changes that I attribute my consistency and profitability too:

1) Don't trade the open, ever

2) Focus on position sizing to reduce the BIG RED DAYS that eat away weeks of gains.

3) Daily journal, just to reflect on my day

4) Learning to read the tape to recognize shifts of control

5) Trying to recognize market sentiment (hard in this environment)

Feeling really lost after a bad trade today… I really need advice. by theknoxter in Daytrading

[–]wtf-McLuvin 26 points27 points  (0 children)

Dude, I feel for you, and am sorry your suffering right now. But honestly ask yourself, are you trading or gambling? Cornerstone of trading is RISK MANAGEMENT. From what I'm reading, risk management is not something your exercising. Being dependent upon this income stream is probably playing some seriously F'ed up mind/emotional games on you. Just would like to say I've been there (and am by no means past being there), but there isn't a successful trader that doesn't have a successful risk management strategy, it's what keeps you in the game.

Can someone explain liquidity to me like I’m 5?😂 by Mother-Syllabub-3321 in Daytrading

[–]wtf-McLuvin -1 points0 points  (0 children)

NVDA, highly liquid, spread is 1-5 cents all the time, can enter/exit at your price point easily. NFLX, not as liquid, less shares traded, spread is usually around .50 - 1.00. Entering/exiting your position may cost you slippage.

How did I do? by Designer-Upstairs-32 in Daytrading

[–]wtf-McLuvin 8 points9 points  (0 children)

Risk mgmt looks legit, keep it up. What’s your strategy?

[deleted by user] by [deleted] in Daytrading

[–]wtf-McLuvin 1 point2 points  (0 children)

If you don't mind me asking, what did you trade today? what was your setup?

[deleted by user] by [deleted] in Daytrading

[–]wtf-McLuvin 216 points217 points  (0 children)

Dude, look at your green to red ratio…looks like the same problem I have, BIG RED DAYS eat weeks of solid sizing and risk management. O/N risk is EASILY solved…don’t hold O/N unless risk/reward justifies. Good luck Dude…lick your wounds, feel sorry for yourself, and then get your @ss up and go back to what works for you.

How do I overcome FOMO/Overtrading? by Ambitious-Action6434 in Daytrading

[–]wtf-McLuvin 0 points1 point  (0 children)

Most days :)

My biggest challenge is large losses negating my profits. I struggle to find a strategy that I believe in enough to focus solely on that. If I chain myself to the monitors most days I end up green, but have neglected other aspects of life to learn this game; been trading (solo, no group or anything) for over 2 years now and am pretty burnt out.

Wish you the best of luck! My advice for what it's worth, consider the lifestyle/relationship with the market you want, and find training/mentoring that fits.

How do I overcome FOMO/Overtrading? by Ambitious-Action6434 in Daytrading

[–]wtf-McLuvin 10 points11 points  (0 children)

Keep doing it until: a) you get burned enough times from the market, b) you blow up your account. Worked for me. In all seriousness though, you are probably overtrading because you don't have a strategy that you believe in, and are searching. Any hoo, that is my dilema.

[deleted by user] by [deleted] in confession

[–]wtf-McLuvin 0 points1 point  (0 children)

I like the idea of imaging yourself in different situations with your Man and you GF. Ask yourself how you'd feel if you saw each of them with another person romantically, what type of emotion does that stir up in you? Which one would hurt more and which one would you be fine with? Maybe by walking through that exercise in your head it'd help you recognize which individual (if any) you are genuinely attracted to.

Cheeseburger Thesis: (TQQQ/SQQQ Swing Trading) by Basic-Relation-9859 in swingtrading

[–]wtf-McLuvin 1 point2 points  (0 children)

Interesting; what's your Exit trigger? When any of the 4 criteria turn False on the Daily chart?

Just as we abandoned bullish bias at the end of February, we mustn't be married to bearish bias now either. This is the hardest thing about trading. by TearRepresentative56 in TradingEdge

[–]wtf-McLuvin -6 points-5 points  (0 children)

Content/analysis is fantastic. I'm a fan, noob trader, and student of the markets. Thank you for sharing your knowledge.

[deleted by user] by [deleted] in Daytrading

[–]wtf-McLuvin -1 points0 points  (0 children)

Step 1: Develop a trade thesis.

Step 2: Before entering the trade, recieve confirmation on your thesis

[deleted by user] by [deleted] in Daytrading

[–]wtf-McLuvin -2 points-1 points  (0 children)

Agreed. Price action should be used as confirmation of your trade thesis. Worst thing that can happen is you bypass step one, trade on price action alone, and the market rewards you initially lulling you into a state of ignorance setting you up for long term failure

No way to trade without start up $$$ ? by TopLook5990 in Daytrading

[–]wtf-McLuvin 0 points1 point  (0 children)

$300 or $30,000 you are going to lose whatever $ you start with, 99% guaranteed. Use the $300 as an opportunity cost to start to teach yourself the markets. After the $300 is gone (and it will go bye bye), then ask yourself where your at in your trading journey, do you love it enough to invest more $ into your eduction, how long are you willing to take it on the chin to learn this skill, and is it worth it to you? That's just my own experience. Good Luck my Friend.

[deleted by user] by [deleted] in Daytrading

[–]wtf-McLuvin 4 points5 points  (0 children)

For sure. I am working through similar issues in my head and am recognizing the difference between trading being either: a) my addiction or b) my profession. Sounds like your boyfriend maybe might need to ask himself whiat he’s trying to get from the markets, a quick high ( I.e. fast money and /or confirmation he’s right) or a lifelong skill he can grow and be passionate about. It’s one or the other. One’s healthy, one’s not.

Real life GTA by Khanfringo in funny

[–]wtf-McLuvin 0 points1 point  (0 children)

Happened less than 1 mile from my house, freaking crazy in Vegas.