Day trading reddit.

Reddit is a popular social media platform that has gained immense popularity over the years. With millions of active users, it is an excellent platform for promoting your website a...Mar 1, 2024 · Cobra. 4.0. Best Day Trading Platform for Short Selling. $0.0015 to $0.002 per share. $30,000 to open, $25,000 ongoing. View More. View More. Trading strategy. Day traders focus intently on ... 2 years is the minimum time required it is the absolute best case scenario. I assume it's going to take me 5 years and you should too. No_Expression_5996. • 7 mo. ago. Honestly how much time is needed to study is based on the individual. When I first started trading I dedicated every waking hour to studying.Here's how I trade--. Once I identify a stock that fits my criteria: I use the 1year daily to find support/resistance. I use the 5 minute to confirm bias. after the bias is confirmed I use a smaller time frame 1m/2m to get the best entry. I use 1m/2m and tick charts when trading dumb money time (before 9:45am) these are quick trades mostly scalps..

Hi guys, I am a freshman in college, trying to get in to day trading. I’ve been studying this for a few days now and I got a lot of good information from YouTube but there’s one …Looking to start investing for retirement? It’s never too early to begin, and these days there are plenty of ways to tuck away money for the future, from IRAs and 401(k)s to stocks... 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.

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.Day trading takes years to perfect. You are up against institutions and market makers that have several algos running to react in nano seconds. Once you are more comfortable with daily trading of futures index, you can research into options. Options are a lot harder concept to master.

The amount of stocks you buy does not matter. You can purchase 7 different stocks in the same day, you just wouldnt be able to sell them the first day. and to answer your final question, No. I believe it does not matter if you are trading on margin or not. If you have < $25k, you cannot day trade. Hope this helps.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 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 ...Looking to start investing for retirement? It’s never too early to begin, and these days there are plenty of ways to tuck away money for the future, from IRAs and 401(k)s to stocks...

Try Medved Trader ( www.medvedtrader.com ), professional PC software trading platform. It connects to GDAX (and a bunch of other more conventional brokers) to pull down the data and uses it for the trader's tools - charts, tech. indicators, scans, alerts, etc. This kind of software is common for traders in regular markets, but is severely ...

The Scam and the Reality. EDIT - this was written roughly a year ago and originally posted in r/daytrading so read it in that context. Anyone that came to this sub not knowing a thing about Day Trading would walk away thinking that the following is the primary activity: Stock is going up fast - lots of volume - buy stock, try to sell it …

I personally trade VXX and ARKK/ ARKG Commons everyday. For some reason back testing they work the best with my strategy, VXX especially as it trades pretty clean. I used to trade SPXL as well, but because no margin on it I realized I wasn't going to be able to scale up on it to where I want to be. freshavocados73.You can also day trade news events under the assumption that implied volatility is inflated before the news drops and then collapses after the news is released. You can also trade realized volatility non directionally by gamma scalping. You can sell 0dte options with inflated premiums as a way to buy an sell shares at a more desirable cost basis.Yes, most speculators and day traders lose money.But the pros don’t do infinitely better: Hedge funds and professional stock pickers consistently underperform the S&P 500.It’s easy to chafe at ...There you guys go this is my ultimate Day Trading layout! Hope this helps. Follow me on Twitter @ PRFTrocket. I post my daily Watchlist with levels to watch, Tweet my ideas, and update as I start new positions everyday. EDIT: Here is a picture of my HotKey Settings for reference also. EDIT #2: As requested here is a link to my shared workspace.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 …Swing trading: qullamaggie (YouTube) … stockbee (blog + YouTube) both near $100mil. Other resources: trade the matrix (blog)… investors underground, Twitter. Best resource: years of screen time and experience…. I’ve read all the main trading books that get recommended. They are entertaining but eh. (Turtle traders, one good trade, the ...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 …

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. You can also day trade news events under the assumption that implied volatility is inflated before the news drops and then collapses after the news is released. You can also trade realized volatility non directionally by gamma scalping. You can sell 0dte options with inflated premiums as a way to buy an sell shares at a more desirable cost basis.Here are a few key psychological factors to consider: Emotional Discipline: Day trading can evoke strong emotions like fear, greed, and FOMO (fear of missing out). Learning to control these emotions and make rational, disciplined decisions is essential for consistent profitability. Patience vs. Impulsiveness: Successful trading requires ... 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. 1 Aug 2023 ... Don't do it longer than a month. It's all risk management and understanding risk reward. Tell him to fund an account with 5k. This way he can't ...Guidelines for content creators. If you're a youtuber, blogger or general content creator you must click here and follow the guidelines or we will remove your posts/comments, …Once you start following 10 stocks or so, you will have you hands full most every day when swing trading them. Highly agree. Swing trading is the way to go with Options. Been swing trading GS options for years. Day trading is for the algorithmic computers these days. If you can't get talked out of day trading.

Risking 1% of your total capital per trade means even after 100 trades you will still have 1,800 dollars starting at 5k to keep trading if you got them all wrong. Many people say it’s 100 trades but that’s only if you used a fixed loss but the loss should decrease as you balance does. With 5k at risking 2% you will have 650 usd left. 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.

2 years is the minimum time required it is the absolute best case scenario. I assume it's going to take me 5 years and you should too. No_Expression_5996. • 7 mo. ago. Honestly how much time is needed to study is based on the individual. When I first started trading I dedicated every waking hour to studying.1: Civility – Otherwise you’ll “find yourself on the receiving end of the ban hammer”. 2: Quality – No off-topic comments, memes or spam. 3: Politics – No politics. … We usually meet up 30-60 minutes before the open to discuss the setups we are looking at and to go over trades we made the day before. We then break for 15 minutes and then resume the call at the open. We all tend to watch slightly different tickers/sectors and will call out setups we think are good. 35. seeplanet. 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. I already got a large portion of my previous gains locked into solid-dividend paying stocks. I also trade Oil futures daily. I can spend $500 per day just in transaction fees. I have three main tactics: 1-Send a buy order at X and a sell order at X+0.01; locking me $7.80 gain. We usually meet up 30-60 minutes before the open to discuss the setups we are looking at and to go over trades we made the day before. We then break for 15 minutes and then resume the call at the open. We all tend to watch slightly different tickers/sectors and will call out setups we think are good. 35. seeplanet. The goal of day trading is to earn a lot of small profits from the short-term movements of stocks and other assets by buying and selling quickly. Day trading is not …

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 …

Here are a few criteria for good day trading stocks from the book How to Day Trade for a Living by Andrew Aziz. Price has fluctuated up or down by 2% in pre-market hours. Traded at least 50,000 shares in the pre-market (there's volume and activity ^^) Have average daily volume of over 500,000 shares (good liquidity)

Then get on a free website like finviz.com and start looking at thousands of charts. Look at the chart and then try and figure out based off of the setup and volume what you will do next. In any given trading day I probably look at 300-500 charts, every, single, day. This isn't easy, it requires work, hard mental work. 2 years is the minimum time required it is the absolute best case scenario. I assume it's going to take me 5 years and you should too. No_Expression_5996. • 7 mo. ago. Honestly how much time is needed to study is based on the individual. When I first started trading I dedicated every waking hour to studying. 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. For most people, passive total market index funds like VT or high quality TDFs are the best approach. If you’re set on day trading though more power to you. Trade forex with that $1000 planning to lose it all and try to lose it as slow as possible. Also learn programming if u dont already and use bots to assist you.The company intends to price the IPO on March 20 and begin trading the following day, according to people familiar with the matter who asked not to be identified …1. [deleted] • 2 yr. ago. if you hit tomorrow's daily, about 30 minutes before or after market would be receptive. During trading hours on the daily will get people ruffled up. 2. [deleted] • 2 yr. ago. No problem. The daily for tomorrow or the weekly chat may help.Yes if you are planning on using visual software for DOM or extensive charting, you need RAM and a good video card. need specifications to be accurate. People really overstate the importance of a super fast computer in trading. Most brokerage software isn’t …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 ... Only transition to actual live trade to test soft skills; emotions, reactions, tolerance etc. What OP said is actually quite spot on. Day trading is hard, but it actually gives me less stress and more satisfying than my full time job. My mantra everyday before I trade: Patient entry and patient exit. 12. I just built a new system, so now I’m trading in 4K. It makes reading the whole market much more clearer, as I can now fit more charts onto the monitor without sacrificing anything. Just built myself a small desktop using a thermaltake core v1 case, ryzen 5600g, 32gb of ram, 512gb of nvme ssd and 2 27" 4k monitors.

By day trading you are turning your investments into a job. By day trading you won't make money that day unless you show up to day trade, just like a job. This should not really be your goal. It is best to at least swing trade, where you hold stocks a …Advertising on Reddit can be a great way to reach a large, engaged audience. With millions of active users and page views per month, Reddit is one of the more popular websites for ...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 ...Instagram:https://instagram. nuggets grizzlieshow to find the y intercept of two coordinateshow to remove a watermarkdc fast charging The company intends to price the IPO on March 20 and begin trading the following day, according to people familiar with the matter who asked not to be identified …22 Nov 2023 ... 100% right. You don't need to wait for huge price swings... just get out when stocks rebound 3-5%..... if you do so and invest in solid ... what to do with a flat tirewater cooler with ice maker This 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 – …Advertising on Reddit can be a great way to reach a large, engaged audience. With millions of active users and page views per month, Reddit is one of the more popular websites for ... car wrap places near me Day trading means you have enough money to not have a job and you've been dedicated to trading profitably over the long run. Day trading has nothing to do with inexperienced people randomly calling themselves day traders. Moral of the story: trade profitably for at least a year then consider trading if you have a nest egg. #1 rule, never follow ... 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 ...