Day trading reddit

More or less, been trading for 15 years the gains I’ve made finally averaged out to allocate an annual day trade fund of $20k with goals of 40-60% gains. Keep it modest consistent and simple. My longs will receive a monthly deposit from my main income plus 75% of net day trade gains. 25% net goes to the kids 529 and vacation fund.

Its not that Im saying day trading wont work, because it absolutely does on an institutional level, but what Im saying is, whether the ability to trade off it alone to live on, as a retail traders in North America with the tools available to us (retail trading experience only, scanners i.e. benzinga, trade ideas etc), is sustainable over a … People tend to use slight varations for example some use 8 or 9 for really fast trends, some use 20 or 21 for fast etc. Personally, I use 9, 20, 50, and 200 EMA's and watch all timeframes. The longer the time frame, the more significant the level. Hourly, daily and weekly EMA's tend to be significant hurdles, but the 1 or 5 minute might plow ... Because trading algos can offer you many advantages such as: eliminating your emotions, monitoring market opportunities for you 24/7, increasing your trading discipline, helps you stick to your trading plan, fast execution, etc. etc. So get the motivation back, dive into trading floor when u r ready :) r/Daytrading.A single day trade is typically a buy/sell pair or even a buy/buy/sell within the same trading day; check with your broker on how they define a day trade, usually under their PDT rules. If you make more than 3 day trades within the rolling 5-day period, brokers will restrict your account for 90 days and revoke your margin, but some will warn ...Day Trading As A Career Is Obtainable. ****Updated and Reposted for the Wiki****. There seems to be a huge disconnect between what is actually occurring in the world of short-term trading and what many people here believe is happening. To begin with - there are many consistently successful traders that make enough profit year …Regulators have repeatedly warned that bitcoin is a speculative market, driven by hype and "FOMO" (Fear Of Missing Out), and poses real harm to investors, …Last week I provided a list of 36 symbols as potentially good picks for a dividend capture strategy. Of these, we have the following results: Monday: 2/4 recoveries in one day, two (ADEA, AMKR) yet to recover. Tuesday: 3/3 recoveries in one day, 1/3 recoveries in two days (HPQ). Wednesday: 4/4 recoveries in one day.

Best overall: Bear Bull Traders. Runner-up: Warrior Trading. Best budget course: Bullish Bears. Best for mentorship: Humbled Trader. Best for a community: …I’m looking, too. Currently using Robinhood, WeBull, SoFi, and Public. SoFi abs Public seem more for social media and loans, banking. WeBull seems the most sophisticated, but in the long run probably more than I need personally…and it’s a bit awkward to use. RH seems to do what I need until I find better.Unlike Twitter or LinkedIn, Reddit seems to have a steeper learning curve for new users, especially for those users who fall outside of the Millennial and Gen-Z cohorts. That’s to ...You need to find your own. One thing, I suggest, is waking up 2 hrs before, working out or meditate for an hr, catch up with overnight movement, shortlist assets and orders then naturally flow into the trading session. Risk management. Anyone who says the holy grail of trading is making profit, dont have a clue.TD Ameritrade's Thinkorswim platform (desktop version) is excellent for customizing your view for just about any desired analysis. It additionally offers scriptable functions if you're fancy. Can't say as much about their mobile app but depending on your expectations, it should suffice nicely. 7. Logical-world.Coffee lovers know that a good cup of coffee can make or break their day. That’s why investing in a high-quality coffee machine is essential. Among the most popular brands availabl... You can be a good trader and lose money, you can be a bad trader and make money. Trading is that simple. How good you want to get with it will depend on the actual effort you put into learning not only the market, cycles, technical analysis, trade management, etc., but how much effort you're willing to put into yourself and this skill. Day trading is a fast-paced form of trading where individuals buy and sell securities within the same trading day. The primary goal is to profit from short-term …

Day trading can be profitable, crypto, forex, stocks, anything that's exchanged can be traded. ... The problem is that even if there are successful day traders, they're not on yt or reddit sharing their secrets. Neither are the crap ones (except on WSB, and i suspect a lot of that loss porn is fake anyways). ...If your back and lower body hurt from sitting, you’re not alone. Suffering from pain can impact your output for work and school. There’s one simple way to take a stand for your hea...I have been using the 1-minute chart for almost a year now. When I first began trading in March 2020, I used the 5-minute chart for a couple of months, but switched to the 1-minute chart eventually when I started day-trading options seriously. So far, I have had satisfactory success with scalping options with the 1-minute chart.Reddit is a great place to learn about day trading, but its drawbacks include the lack of moderation and verification of traders giving advice. At My Investing Club, …To be honest, if I could get to the point where I'm averaging $1,500.00 a day trading in less than 2 hours of my time on a consistent basis, I wouldn't spend all day trading either. The best opportunities come in …

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22 Jun 2023 ... Think of day trading as a school elective perhaps and that will encourage you to put (free) time aside for a few hours a week to learn the ...1. Beneficial-Car-7893. • 10 mo. ago. If they’re so good at day trading and had money why would they let a total stranger day trade for them? 🤔 of course it’s a scam. From other online reviews you have to pay for a program which costs $6-15k. They’re not going to give you money, you will use a simulator.Day trading is not allowed for F1 students !! Just invest long term !! I would be careful with that. While investment does count as passive income and there is no specific regulation against it for F1 students, anything done frequently count as "employment" from immigration perspective. in fact real lawyers typically say that day trading is ...For crypto and day trading ive come up with this conclusion from my experience. Day trading alt coins arent that good unless there is explosive volume and its volatile intraday. I find it easier for myself to day trade BTC on 5x leverage for 10-25% since BTC is a lot more volatile and moves a good amount daily.

If a trader makes more than 250k in a year in securities, then the trader owes an additional 3.8% in taxes due to Obamacare for every dollar over 250k. This is on top of whatever federal tax bracket you are in. Edit for this. There are multiple tax brackets based on how you file. A single trader the threshold is 200k, married filed …Sep. 11, 2001, was a Tuesday. On that day, which is often referred to as 9/11, four planes were hijacked by terrorists to carry out suicide attacks against U.S. targets. On Tuesday...Top 5 (in my humble opinion) Motivewave. Ninjatrader. Tradestation (Their brokerage is also very good) Think or swim (Great platform, a bit overly complex) brokerage finally catching up with the rest of the world... TC2000 Stocks and options only, no futures but this platform is awesome, support not bad. MillWead20.A community for like-minded day traders or people looking / considering day trading cryptocurrency across various platforms. Our vision is to help one another grow each day and share tips, strategies, resources and expertise with one another to create an iron-sharpening-iron ethos. Created Mar 27, 2019. Restricted. 1.0k. Stick to class, maybe look to swing trade vs. day trade; if college is (and should be) your main focus, then you don't need as specific of a time frame such as 8:30 to 10:30am Monday through Friday as you might for day trading. The markets aren't going anywhere. Let your learning process be slow yet thorough. 1K votes, 133 comments. true. Thanks for sharing this. Interesting. I used to detect a similar pattern which is - for a certain groups of symbols, e.g. market cap > 100M, daily vol. > 1M, if it has increased or decreased consecutively for 3 days for more than X%, then get ready for reversion because of human psychology - loss aversion and it was working pretty well.The huge benefit to trading Futures and Forex is that there is NO pattern day trading rule. This means you can buy and sell as many times as you want without being flagged for not having 25k in your account. ... Also, Reddit is a great place to read up on things like this too. Just add "Reddit" at the end of your search and read up on other ...We had a huge move up on the weekly US 10YR chart. With a massive bullish engulfing candle that actually engulfs the last 5 weeks of price action. The 10YR closed back over 4.286% supply with a massive bounce off the weekly 50ema support near 4.032% to put in a new weekly demand at 4.086%.JayBlRD. • 5 yr. ago. It’s a tough skill to learn, and it takes a lot of time effort and of course it can take your money. From what I’ve read most people who get into daytrading don’t make it. However, for those who do learn techniques and use them to profit consistently and cut losses effectively, I wouldn’t call it printing money ...

I have a full time career but I've had a month of vacation so I decided to commit to day trading with 3,000 dollars to get some skin in the game and experience. My rule was to …

Firstrade. Ally Invest. Merrill Edge® Self-Directed. Note: Pattern day traders — as defined by the SEC — must have at least $25,000 in equity in their accounts and be approved … 14 - If you’re too anxious about any one trade your position size is too big. 15 - Don’t overtrade. Sometimes Day Trading is boring. Don’t force a trade just because you haven’t traded in awhile. Wait for the right opportunity, it will come. Last Thursday, I hadn’t traded for two hours, and then SPY started dropping. I have a full time career but I've had a month of vacation so I decided to commit to day trading with 3,000 dollars to get some skin in the game and experience. My rule was to …bmac1993. ADMIN MOD. Another +$888 Day Hyper-Scalping. Last week I posted about my first $1,000 day. A lot of you were very supportive, and of course, there were a few haters. This one's for them :) The nice part about scalping is you can really get the feel for a stock. If it feels right and you're doing well, you can scale up.19 Dec 2023 ... r/Daytrading Current search is within r/Daytrading Remove r/Daytrading filter and expand search to all of Reddit. TRENDING TODAY. Search for ...Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders.6 Nov 2023 ... Journal every day you trade. Write down the details of the trades. Track stats with something like TraderVue. Try different markets. Keep an ...Let's say Thinkorswim is an 8 out of 10 across all functions, and "best-of-bread" platforms, for each specific function, would be a 9 out of 10 rating (I never give 10 out of 10 - lol). Taking into account dealing with multiple platforms, for each function, you are back at a 8 or maybe even a 7.5 out of 10 to deal with multiple platforms. The ...13 Sept 2023 ... Day trading is legit- but not how its portrayed on social media. Retail day traders can't compete with large firms who have tons of liquid ...

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r/wallstreetbets. The largest of Reddit’s investing communities, WallStreetBets (WSB) boasts 10.5 million members, with hundreds of thousands of self-dubbed “degenerates” (the community’s ...Reddit is a major social media platform that was started in 2005 and acquired by Conde Nast, the magazine publisher. The company has raised more than $550 million at a more than $3 billion valuation. The platform has more than 300 million active users from around the world. Reddit is relatively different from other social media platforms like ...Reddit is your friend, youtube is your friend, discord isn’t your friend. Find as many educational groups you can and just study. Reply reply more replies More replies More replies. ExclusiveGuap • ... I day trade stocks and options (selling puts and calls) in my Roth IRA and Rollover IRA. I do not trade the taxed account because why bother ...As any Day Trader knows a lot goes into being consistently successful.. For this post I am going to focus on one technique - it is not the only thing one should focus on, nor should it replace indicators that are currently working for you.. As a final caveat (and on Reddit caveats are needed) - this does not apply to momentum-based trades on low-priced …Day trading is a fast-paced form of trading where individuals buy and sell securities within the same trading day. The primary goal is to profit from short-term …Day trading is not allowed for F1 students !! Just invest long term !! I would be careful with that. While investment does count as passive income and there is no specific regulation against it for F1 students, anything done frequently count as "employment" from immigration perspective. in fact real lawyers typically say that day trading is ...bmac1993. ADMIN MOD. Another +$888 Day Hyper-Scalping. Last week I posted about my first $1,000 day. A lot of you were very supportive, and of course, there were a few haters. This one's for them :) The nice part about scalping is you can really get the feel for a stock. If it feels right and you're doing well, you can scale up.Feb 1, 2023 · Reddit is a major social media platform that was started in 2005 and acquired by Conde Nast, the magazine publisher. The company has raised more than $550 million at a more than $3 billion valuation. The platform has more than 300 million active users from around the world. Reddit is relatively different from other social media platforms like ... We had a huge move up on the weekly US 10YR chart. With a massive bullish engulfing candle that actually engulfs the last 5 weeks of price action. The 10YR closed back over 4.286% supply with a massive bounce off the weekly 50ema support near 4.032% to put in a new weekly demand at 4.086%.Account to carry on a business for the purposes of the Act. For greater certainty, the Account Holder acknowledges that. this includes, but is not limited to, using the Account for “day-trading” or other high volume trading that may constitute. carrying on a business under the Act. 1.Invest the profit in other instruments. If you blow your trading account, the profit you’ve taken will be able to serve as a fund to get started again, when you are up to it. Secondly, always use stop losses unless your win rate is above 98%. No SL means your entire account is on the line every-time you enter a trade. ….

If you trade like an algo, for example if you just scalp, use fixed stop/profit target, or trade breakouts, you're going to have a bad time. Some of the best scalpers over the years …IE a spread with a $5 spread should be bought for less than $2.50 per spread contract, the lower the better. Immediately place a sell order for a profit of from 10% to 50% depending on the number of days to expiration. On monday and tuesday 10% to 20% is reasonable and scale the profit target up the closer to friday the trade is put on.6 Mar 2023 ... Thanks for the advice. Any recommendations as to places to meet profitable traders other than Reddit? Upvote 6. Downvote Reply replyThis guide to trading with Reddit will discuss the ways it can be used for online investing, the pros and cons of doing so and better alternatives. Trading with Reddit is high-risk – …Moving averages on the other hand seem to be less rigid. A simple google search for “daytrading moving averages” brings up a wide variety of results. Most resources seem to agree on daily moving averages (50, 100, and 200 day) but intraday moving averages seem to be less settled on. Some say 5-8-13 EMA, some say 8-13 MA, some even say 10-20 MA.Invest the profit in other instruments. If you blow your trading account, the profit you’ve taken will be able to serve as a fund to get started again, when you are up to it. Secondly, always use stop losses unless your win rate is above 98%. No SL means your entire account is on the line every-time you enter a trade.Reddit is a great place to learn about day trading, but its drawbacks include the lack of moderation and verification of traders giving advice. At My Investing Club, … You can be a good trader and lose money, you can be a bad trader and make money. Trading is that simple. How good you want to get with it will depend on the actual effort you put into learning not only the market, cycles, technical analysis, trade management, etc., but how much effort you're willing to put into yourself and this skill. Day trading reddit, [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1]