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    Journal: Small account challenge - $2k to $50k Daytrading options

    I've been observing new traders in chat room for a while now. The common trait i found in many of them is, they are all making money, until they give it all back(and more) in a single trade. Considering your account is swinging more than 100% in a single day, it will take just one mistake to...
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    Losing my edge

    You never had an edge in the first place... it was just beginners luck and the conditions were favorable for the strategy. Market was crazy volatile in March, It's rarely ever like that. Just look at VIX chart. It happens LITERALLY once a decade! They say the market is the same it has always...
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    Hope this post fits in here but are there any Virgos out there

    It's natural to think. Our mind is always looking to buy into something. Start meditating/practicing mindfulness, which is basically quieting the mind. If you want to (day)trade you will either have to change or you are guaranteed to fail. You seem to define yourself as a Virgo("can't help...
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    The journal of steady, dull and uninteresting trading

    Could you post a picture of how the monitor setup looks like? What size are the other 2 monitors? How many charts do you fit onto a 32"? Because i am looking for a new monitor. 4 charts are fine on 24" and even 21". But i want to have 6 charts on the same monitor, and i am not sure to get a...
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    Steven Dux: +230k today. $500K on the week

    Apparently it ain't all sunshine and rainbows
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    This (lack of) volatility is making me anxious.

    Twitter was hacked yesterday and high profile names like Joe Biden were advertising Bitcoin scams. Bitcoin will today be in every news worldwhile. Is this THE catalyst? Please dear lord let it be
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    Steven Dux: +230k today. $500K on the week

    There you go, i was looking for actual numbers. We can't know if it's true or not, but that's what we have. This guy says when he became profitable he made 70k$ in a month and at the same time he made 100k$ from sales for his trading course. If you have a follower base, selling courses is a...
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    Just a random trade story

    i used to get really frustrated and i would dwell on the feeling too. It could get really really bad. The worst is probably when you are kinda doing well and then a very bad loss comes, the emotional swing that comes with it is so hard to bear. It really sucks lmao. You can't live thru many of...
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    Just a random trade story

    No, unfortunately no mentoring. ( :caution: Don't try this at home:caution:) When i started out i watched lots of youtube videos, learned some concepts, but when it came to practice none of that really helped at all lol. If only it were that easy. Probably around 3000-5000 hours would be my...
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    Just a random trade story

    I would like to say i have learnt so much from this experience. But the truth is i haven't. I've done the exact same thing 3 days in a row lmao. Wanting to let them profits run when conditions were clearly not appropriate. When market is choppy, you gotta be quickly in and out at nearest...
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    Absolute noob - fish in a barrel..

    You are searching for THE next thing. It does not exist. In the end you will find what everyone else does. It takes 3 years, not 3 weeks.
  12. O

    Just a random trade story

    Many times i was expecting a breakout, i saw a setup, i joined, and i was up good 500-1000$ bucks, and i always thought, okay let's let this run, higher timeframe charts say breakout soon HOORAH..., but no. You are too early , shit dumps back down, stops you out, and then it either goes up...
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    Trading psychology resources

    Well i am no expert but i believe it can. https://www.healthline.com/nutrition/12-benefits-of-meditation
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    Just a random trade story

    I feel like a predator today. The hunter. Ready to stalk that gazelle and fucking choke the shit out of it. Does it means i should press hard when i see an edge playing out and go for the kill? Or should i watch out as to not get too aggressive and fuck myself. I feel like i should press hard...
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    Just a random trade story

    Yeah i need a much better rules, when to hold them and when to fold them. For now, the rules is i can hold if i get a higher timeframe setup. I enter on lower timeframe like 15min/5min chart and then if that price action turns into a higher timeframe pattern, i can hold for an expansion, since...
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    Just a random trade story

    I don't get psychotic about 500, but i get pissed when i don't do as intended when i am up 1500, and i only imagine i could make 10k+..and then it's gone
  17. O

    Just a random trade story

    Up 1500 on the trade. "This one is going to be a nice one. It ain't even started, expecting a 10x more..". The unbiased scalper in me checks the chart. We are at HTF resistance, unlikely that we just break-thru i think to myself. "Looks like a top too". Even say that to my friend. At the same...
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    Trading psychology resources

    You need to train. One way is thru meditation.
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    Absolute noob - a couple of "big dogs"..

    You are probably at the unconscious incompetence phase. One of the biggest reasons traders fail is overtrading, but you've been in the market for 3 weeks, alongside your day-job and you are already one with the markets, in complete flow, it feels like music to you and you do 60 trades in...
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    This (lack of) volatility is making me anxious.

    Wouldn't be surprised to see Bitcoin at 15k$ in a very short period of time. Again, i might be wrong badly though :)
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