Stock talk

Nezart

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Trusted Member
Anyone else into day trading stocks? Would love to hear your key take aways from your experience. I am fairly new to it and trying to learn so I don’t blow up my port more than I have already. Option contracts are definitely my kryptonite
 
Anyone else into day trading stocks? Would love to hear your key take aways from your experience. I am fairly new to it and trying to learn so I don’t blow up my port more than I have already. Option contracts are definitely my kryptonite


Don’t start day trading with your own funds off rip, 99% chance you lose it all.

Most people would have better odds at the casino.

That’s about all I got for advice because I’m yet to make anything from it.
 
Been trading since 2017
It’s not whah it’s all cut out to be
And by the time you understand it you depleted in capital and go back to rebuild
But yes there is money to make but I personalllt stepped back improved cash flow via business I created and will jump back now before I was a kid now I have balls and something to live for

But it is possible just a lot a lot of screen time
DAILY Debrief charts order flow voljmpe
Profile macro news

What happened
Why it happened
What did you do
Why did you do it
Why did you not do it
Why did you get out early
Why did you get In late
Why did you pee cum and get out earlt
Why did you go on tilt etc
 

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Not directed to the OP, just general comment for those reading the thread….

Read and then re-read what @FitTrader posted. If you think it’s too much work…send me your $$ before you blow up your bankroll.

- Have a plan, know why you take the trade or don’t. Keep a journal
- Bank your profits, do not try to top tick.
- not all dips are the bottom, some will never recover.
- study the flow & vol
- know what vix means
- you should be able to read a chart without indicators.
 
100% agree with the two above posts. You need to have a plan and practice strict risk management.

Spy has been quite volatile lately. Spreads have been very profitable.
 
I take an investing approach as opposed to trading and also sell puts on stocks that are worth it. Day trading is not for me or even swing trading. Stay off social media for these, find real people that understand to learn from and don’t follow the heard. That’s my 2 cent on it. Good luck.
 
I find when I’m stalking it’s best to….

Stay 20 feet away
Don’t make eye contact
Wear a disguise, at bare minimum a fake moustache
Wear gloves
Make sure handles are removed from inside of panel van
Learn the line “does this smell like chloroform”

I’m sure there’s more I’m forgetting. 🤔
 
Not directed to the OP, just general comment for those reading the thread….

Read and then re-read what @FitTrader posted. If you think it’s too much work…send me your $$ before you blow up your bankroll.

- Have a plan, know why you take the trade or don’t. Keep a journal
- Bank your profits, do not try to top tick.
- not all dips are the bottom, some will never recover.
- study the flow & vol
- know what vix means
- you should be able to read a chart without indicators.
Agree on all this x10
 
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