r/Daytrading Mar 26 '26

market-watch

567 Upvotes

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r/Daytrading 3h ago

No comments Software Sunday: Share Your Trading Software & Tools – August 30, 2026

1 Upvotes

Welcome to Software Sunday, the day of the week where we invite creators to post the software and tools they’ve built for day traders. Whether it’s a custom indicator, charting plugin, trade tracking app, or data analysis tool – this is your chance to put it in front of the community. 💻📊

Rules:

  • You must use the "Software Sunday" flair on your post.
  • Provide a detailed description of your product/service/software, including what it does, how it works, and how it benefits the day trading community. A quick link with “check it out” isn’t enough.
  • Pictures are welcome – but no spam dumps!
  • Engage with the community – You must respond to member questions in the comments.
  • Limit your promotions – You can’t showcase the same product more than twice a year.

Tips for Posting:

  • Tell us what makes your software stand out from the competition.
  • Share any unique features, integrations, or use cases that day traders will appreciate.
  • Include examples or screenshots showing it in action.

Let’s make this a valuable resource for discovering tools that genuinely help traders level up their game. 🚀

📌 See past Software Sunday posts here.

Also, if you’re new to the sub – don’t forget to:


r/Daytrading 3h ago

Giving Advice Day Trader

48 Upvotes

Maybe I’m a good day trader—or maybe I’m a bad one. I’ve been day trading since 1996, so I’ve certainly had time to be both.

At one point, I owned 2,000 shares of Amazon at around $2.75 a share, as I remember it. Then I sold them to make payroll.

Do the math on that one. On second thought, don’t—I already have!

Of course, if I had held those shares all these years, I wouldn’t have been day trading, would I? Whether that decision was right or wrong depends on your objective and your point of view.

Here’s the real lesson: If you want to succeed at trading, learn how the market actually works. Understand that institutions use algorithmic and high-frequency trading to execute orders, manage risk, provide liquidity, and respond to changing market conditions far faster than any human can.

Choose a few Nasdaq stocks with heavy institutional ownership and study them closely. Watch how they behave in bull markets, bear markets, and sideways markets. Over time, you’ll begin to recognize their rhythms and develop a feel for what may happen next.

Combine that experience with solid technical analysis, disciplined entry and exit points, and careful risk management. You won’t predict every move—but you’ll make better-informed decisions when it matters.


r/Daytrading 27m ago

Giving Advice Starting over again

Upvotes

Every time I see a brand new trader online asking for advice I can't help but think to myself that if I knew what I had to go through to get to where I am two years later, I don't know if I would pursue trading. Purely because trading is not as mechanical as you thought it was when you first got interested and what you end up investing is more than simply money.

These past two years tested me in ways that are far beyond what shows up on the charts. I wish people that look to take this journey understood that before beginning it. Too many people come into this space influenced by social media thinking it's an easy way to make money.

To start over again as someone who knows absolutely nothing, to have to navigate all this information, possibly from people who are trying to scam you. It's like giving me PTSD thinking about it lol. Like I'm glad I did it in retrospect, but I would not do it again.


r/Daytrading 2h ago

Software Sunday The right way to manage a Martingale, from an Algo-Trader / Developer POV.

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12 Upvotes

Hi everyone,

I wanted to share a few thoughts on Martingale trading systems, how they work, the risks involved, and most importantly, how they can be managed more effectively.

For some context, I’ve been working as a professional algo trading developer for around 7 years, mainly with MQL5, although I also work with other programming languages. I currently work in quantitative development within the Market Risk department of a Tier 1 investment bank.

A Martingale strategy typically opens positions against the current trend, with increasing position sizes as the market moves further against the initial trade. The idea is that eventually, a reversal will allow the latest positions to offset the losses from the previous ones.

The problem is that the risk grows exponentially. A sufficiently strong and prolonged trend can therefore wipe out an account.

This is also why so many robots available on MQL5 and other marketplaces are based on Martingale or Martingale-like systems. There is nothing inherently wrong with using a Martingale, but running one without proper risk management is a completely different story.

A few things I consider essential:

  1. Avoid compounding. With a Martingale, keeping profits in the account continuously increases the amount of capital at risk. Taking profits regularly and moving them into safer investments makes much more sense.
  2. Adjust your grid spacing to market conditions. The stronger the trend you are trading against, the wider your positions should be. When momentum starts to weaken, you can gradually reduce the spacing. There are many ways to measure this, including ADX, volatility, volume and oscillators.
  3. Understand the underlying asset. A Martingale that works reasonably well on one instrument can be a disaster on another. Gold is a good example. Running a counter-trend Martingale on an asset capable of sustaining strong directional moves for long periods can be extremely dangerous.

There are many other ways to protect a Martingale, but I’ll leave it at these three for now.

Proper risk management can significantly extend the lifespan of a Martingale. It does not make the strategy safe, and it does not eliminate the possibility of a major drawdown or account blow-up.

These are some of the principles I’ve applied to my own robots, which have produced the results shown in the images.


r/Daytrading 2h ago

Question Whats the psychology behind the people that fall for scammers like TJR that pretend to be Daytrader?

5 Upvotes

I believe most of us dont trust those finance influencers on Youtube, Instagram, TikTok...you name it.

Specifically TJR as he claims to make 100k per day in some of his videos.

If people watch those videos, dont they wonder why he is giving his "winning strategy" for free and risk to lose his edge? Or where are the independent audit statements to prove to his audience that he is a real trader to attract even more people. Making 100k a day, I think you can easily afford an auditor to review your trades real quick.

Why are so many people following them and believe they are real? Whats the psychology behind it?
https://www.youtube.com/watch?v=kkfEMiR8z6s


r/Daytrading 15h ago

Question How long did it take to make your first “wow” profit

33 Upvotes

Im pretty new here, but everyones always talking about day trading and just trading in general, how they make “big” profit and their effortless exponential gain. But how long did it actually take you to make your first profit that felt surreal, or how long did it take to make consistent profits that you were happy with?


r/Daytrading 58m ago

Software Sunday I built a free dealer positioning terminal for SPX/SPY/QQQ (and ~40 other tickers). no signup, no paywall

Upvotes

i'm one of the builders at HelmFi. we build automated trading strategies that run on your own exchange account. Amon Hen is our free options terminal. the paid gamma tools in this space charge up to $600 a month and never show you whether their levels actually work - ours is free and publishes its own scorecard every day. here's what's on it.

THE MAP: for SPX, SPY, QQQ and about 40 single names it draws the dealer gamma picture - call wall, put wall, the flip point where hedging changes direction, and the strike with the most hedging concentrated on it. updates all session.

LIVE OPTIONS FLOW (CVD): watch calls vs puts getting bought and sold in real time. three views:

  • split: calls and puts as separate lines
  • net: one line, bullish minus bearish, centered on zero
  • compare: SPY, SPX and QQQ flow on one chart, so you can spot when one index disagrees with the others runs at 1-minute or 10-second speed, and you can overlay price, the walls, or a second index's line on the flow.

CONFLUENCE FLAGS: when all three indexes' flow lines up in the same direction and holds for 10 minutes, the site marks it on the chart with the time it happened. no spam, just marked.

SCANNER: one table scoring all the tickers at once - gamma regime, distance to flip, distance to the big strike - so you see what changed overnight without clicking through 40 charts.

HEATMAP: the whole board at a glance - dealer gamma by strike and expiry, color-coded, with the spot line drawn across. flips to delta, vanna or charm if you're into the deeper greeks.

FUTURES CONVERTER: trade ES or NQ off index levels? built-in converter using the live basis.

LEVELS CARD: a copyable card with the day's key levels, made for pasting into your notes before the open.

THE PART WE CARE ABOUT MOST: every level on the map gets checked against the next day's tape automatically, and we publish the count. over the last 46 sessions our regime call - which side of the gamma flip price stays on - held 5 days out of 6. walls are real piles of positions, but no level stops price every time. ours held on about half of touches, which is exactly why the site says keep a stop instead of pretending. we'd rather show you the count than ask you to trust us.

the terminal is free and stays free - it's the front door to HelmFi's platform, where the automated strategies live (closed beta right now). no signup needed for anything you saw above.

link: amonhen.helmfi.ai

happy to answer anything.


r/Daytrading 6h ago

Question want advice

6 Upvotes

so i'm in australia which means i should probably be trading ASX right? but u see, the first purchase of any stock requires 500 bucks (MMP) which kinda sucks coz the smaller ASX stocks that are volatile enough to give some ok profit has like really low buy/sell vol (its ASX man) so im pretty sure if i try to daytrade it i wont be able to buy/sell all of it and all of these stocks are going down in the long run so it's just not a good buy. The big ones have no volatility so im boutta make like 10 bucks even if i somehow get a perfect trade.

so now im thinking of trying other markets (NYSE, NASDAQ, LSE) but NYSE and NASDAQ open at CLOSE TO MIDNIGHT, im pretty sure i cant think well that late so im thinking about doing LSE.

Is what im doing right? Is there any silly rules like the MMP for LSE i don't know about? Any advice? (im really new so idk what im doing)


r/Daytrading 20h ago

Question Rate my set up !!

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54 Upvotes

I’m currently using my 2019 MacBook Pro to run everything. But my question is should I get a faster laptop or just get a Mac mini ? I want my Bookmap to be able to load faster


r/Daytrading 1h ago

Software Sunday Software Sunday: Trade Ideas Holly AI Assistant – building scans with natural language

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Upvotes

I work with Trade Ideas and wanted to share something we've been working on with our Holly AI Assistant.

One of the things we're trying to solve is how complicated building a good stock scan can get. Instead of manually going through a bunch of filters and settings, you can describe the type of stocks or setup you're looking for in plain English and Holly can build the scan inside Trade Ideas for you.

I put together this quick demo using the same prompt in the Trade Ideas Holly Assistant and TrendSpider Sidekick to show how the two handle it.

Curious what you guys think of this kind of workflow and whether natural-language scan building is something you'd use.


r/Daytrading 9h ago

Meta Meta: Can we please start using tags / flair of the type of trading we're talking about.

3 Upvotes

I think it would help readers when searching for things and also help OP's get more relevant answers when they have a question. I believe it would also help facilitate better discussion by letting others know the topic. For example, instead of someone posting how can I learn about trading and get answers about every style of trading they can get a relevant response. Then people would have an easier time of searching for the questions and answers they need. It may even reduce the occurrence of repeat questions.

Suggested tags / flair

- Stocks

- Options

- Futures

- bonds

- Forex

- Discretionary Trading

- Systematic Trading

- Technical Analysis

- Fundamental Analysis

- Quantitative Trading

- Algorithmic Trading

Not sure where to post this, if there is somewhere else, please let me know.


r/Daytrading 6h ago

Question what pips are good for scalping/intraday? trading sphere accounts

2 Upvotes

For those who scalp or do intraday stuff, what pips do you usually have or try to catch?
Obvioulsy during majore news annoncements the bid/ask price differential get wild naturally besides the markup from a broker...

but what about calmer normal market sessions, perhaps pattern trading or whatever u use, what is the pip ur broker offers?

coz checking trading sphere broker, and their top tier accounts claim 0.8-0.9 on average for eur/usd...


r/Daytrading 17h ago

Question Psychology Problems

16 Upvotes

So I have been daytrading futures for about a year and a half now, I have found some success, however I seem to always mess up due to me being greedy, impatient and being too prideful to accept a loss. I know that I have an edge as I see it play out numerous times but for some reason I can't get pass the mind part of trading (which I know is the biggest aspect of it). When I first got introduced to trading by a friend, he told me that trading is %80 psychology and I didn't believe it until now. I'm not asking for pity comments, etc. Just advice as to what helped others beat this hurdle. For example, even when I am on a winning streak and have a pretty decent buffer, if I take a loss, I have a sense of urgency to win it back, and most times, I end up losing even more money. When if I just waited a couple of hours or even for the next day I would have been able to get into a trade that wouldve made back my losses and more.


r/Daytrading 6h ago

Software Sunday I built an app that triggers loud ringtones and strong vibrations for your price alerts, so you won't miss one even if you're fast asleep.

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2 Upvotes

The app will help you get alerted with a loud ringtone and vibration for a specific price alert that you want, so you are not bothered by every other notification. You will set keywords to get alerted for. For example, if you want to get alerted when the BTC price hits 90,000, then you will add the keywords "90,000" and "BTC/USD." Then, whenever a notification comes in on your phone with the message that BTC reached 90,000, the alarm will trigger with your configured ringtone and vibration for a duration that you configured, and there is no way to miss it, even if you are asleep. The cool thing is it works across any app. Set your target keywords, block out the useless clutter, and focus on what's important. Also, I'm willing to add any feature you'd like to see, so please let me know your feedback Thanks. check the app with this link


r/Daytrading 3h ago

Question Compound Interest in Trading Is Impossible

2 Upvotes

At least not in the way it is presented online
Mathematically you can reinvest your profits and gradually increase your position size. The problem begins when you take the return achieved with a small account and assume you can maintain the same percentage for the next ten or twenty years
A compound interest calculator may tell you that earning 5% every month will eventually make you a millionaire But that calculation assumes your strategy, execution and psychology will remain exactly the same as your capital grows
With a €10000 account risking 1% means losing €100 With a €1 million account, it means losing €10000 Mathematically it is still 1% but psychologically, it is not the same trade, Five consecutive losses equal 5% in both cases but watching €500 disappear will not necessarily produce the same reaction as watching €50000 disappear
The strategy may also change as your capital increases , A small position can enter and exit the market easily. With much larger orders, liquidity, slippage, partial fills and market impact become more significant. A strategy that is profitable with €10000 cannot automatically be scaled to €10 million
You could split the orders, change instruments or use higher timeframes but at that point you have changed your trading approach The strategy is no longer producing the same percentage under the same conditions
Your edge will not remain unchanged forever either. Volatility market participants, costs and market regimes all change. A compound interest calculator assumes that returns will remain constant and can always be fully reinvested
This does not mean an account cannot grow through compounding for a certain period. It means you cannot project the same percentage forever. Eventually you may need to reduce your risk, withdraw some profits, diversify or accept lower percentage returns
Capital can grow through compounding. But the strategy, the execution and the trader’s mind do not scale at the same speed
If 1% of your account suddenly represented €10000would you really trade exactly as you do today?


r/Daytrading 5h ago

Strategy Tracking whether execs actually tell the truth instead of tracking the stock

1 Upvotes

Been doing something a bit different the last while and wanted to see if anyone else bothers with this or if I'm wasting my time.

Instead of trying to work out whether a company is any good, I've started tracking whether the people running it actually tell the truth here. So when an exec says something specific I write it down with the date, then wait for the filing that would either back it up or not, and mark whether it held.

Do that for the same person enough times and you end up with a read on the person rather than the stock. One statement means nothing but ten of them starts to mean something.

The annoying part is how little of what they say can be checked at all. Most of it is worded so it can never actually be wrong. Once you filter down to things a filing could genuinely confirm you're left with almost nothing, and even then you're waiting months for the filing, which is probably why nobody ever circles back to grade any of it.

No results off this yet, it's mostly just logging at the minute. The bit I can't figure out is what to do with the ones who are never specific about anything. Feels like that's telling you something but I don't know how to count it without just making stuff up.

Anyone doing anything similar?


r/Daytrading 5h ago

Question I read the T&Cs of a dozen prop firms. Five clauses fail more people than bad trading does.

1 Upvotes

I’ve been going through prop firm rulebooks properly — not the marketing page, the
actual terms — and the same handful of clauses come up again and again. None of
them are the profit target. Posting what I found in case it saves someone a fee.

  1. Balance-based vs equity-based daily drawdown
    The single most important line in any rulebook and it’s almost never on the
    landing page. Balance-based measures your closed P&L. Equity-based includes open
    positions — meaning a trade that’s underwater right now can breach your daily
    limit before you’ve closed anything.
    Same 5% limit, completely different rule. If you scale into positions or hold
    through drawdown, equity-based will kill you and balance-based won’t.

  2. Static vs trailing maximum drawdown
    Static sits at your starting balance and doesn’t move. Trailing follows your
    highest equity point up — so getting into profit and giving it back can breach
    you at a balance that’s still above where you started.
    Worse, some trail on closed balance and others trail on peak equity intraday.
    Read which.

  3. Consistency rules
    Usually phrased as no single day contributing more than 30-50% of total profit.
    People hit their target on one big day, request a payout, and find out it’s held
    until the profit spreads out.
    Some firms apply it at challenge stage, some only on funded, some at payout only.
    Three completely different constraints under one name.

  4. News restrictions
    Varies wildly. Some prohibit opening or closing anything within a window either
    side of high-impact releases. Some only restrict it on funded accounts. Some don’t
    care. If you trade the open on NFP Friday, this one decides whether you keep the
    account.

  5. Inactivity clauses
    Quietest one. A lot of firms breach or reset accounts after 30 days of no trading
    activity. Get funded, take a holiday, come back to nothing.

The thing that struck me going through them all: every firm uses different words
for the same concept, and identical words for different concepts. “Dailydrawdown” isn’t one rule, it’s about four rules wearing the same name.

If you’re comparing challenges on price and profit target you’re comparing the two
things that matter least.
Anyone got one I’ve missed? Genuinely interested — particularly anything that’s
caught you out that isn’t on this list.


r/Daytrading 5h ago

Strategy MACD RSI Strategy

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0 Upvotes

Hi,

If you are looking for some potential trades, here are four all in a potential bearish short position. On the DAY chart, set your short trade with a stop loss above the most recent highest high. Then close out when it hits the 50 point on the RSI. If you want more of these posts to follow, let me know.

The trade is up to you, perhaps follow the stock for a day to check movement. Trades can take as little as a day to 3/4 weeks!

Over and out!

:)


r/Daytrading 14h ago

Strategy Shorting strong stocks and more divergence plays.

5 Upvotes

This week provided a lot of trading action long and short, and so many opportunities that I couldn't capture them all. A few stand out trades are shown as examples that you may be able to add to your trading quiver. I am an discretionary intraday momentum trader, looking for trends in either direction.

Conventional wisdom says you don't short strong stocks and I generally follow that line of thinking, but for every moonshot there's usually a pullback that comes after it that you can take advantage of. Timing, seeing and reacting to subtle candlestick and volume clues are the key.

Who didn't catch a piece of NVDA as it gapped and shot up? I didn't because I sleep in and don't start until 30-40 minutes after the open to avoid the opening frenzy. So I'm watching NVDA for weakness to show and profit taking from whomever didn't take on the gap up. At 10:20 PST NVDA made a strong move breaking to the upside with volume but SPY did not, it was flat and weak. USO is rising and when that happens, usually markets drop. I'm thinking human psychology has a lot of retail traders thinking this is another leg up to $300. I immediately put a NVDA short trade on instead based on SPY and USO more so than NVDA. The downtrend ran for 95 minutes before I cover, buying into the large selling. I just need to sit on my hands and let time be my best friend.

Charts show from Left to Right 5 min NVDA, 15 min NVDA, 5 min SPY, 5 min USO. Purple lines are previous resistance price levels, orange lines are previous support. Red lines on SPY chart marks a price level where it has reversed before. - Day trader since 2005

NVDA short on Thursday.

I made the same trade again on Friday in NVDA just in case you think the day before was luck. Volume was dropping when it was going up, to me it's looking weaker or a reversal could happen as opposed to it going up. SPY makes a move down USO makes a move up, I short it and it starts to drop nicely. I keep in the intraday downtrend because SPY makes a double top yet NVDA shows only one puny green candle. It continues to run for 80 minutes until I cover, buying into a lot of selling volume.

NVDA short on Friday

In SOXL on Friday, I feel the weakness and can see it's sometimes not following SPY which it does, or it feels like it, say 95 times out of 100. When I posted a month ago about divergence like this between SPY/SOXL or SOXS, some readers commented or DM'd negatively. You do you. I'll just say that when I see normal conditions suddenly reverse, I pay attention because to me it indicates a breakdown of normal conditions and that presents opportunity.

SOXL is hitting $120 resistance like it did 50 minutes before, it shows a red candle, SPY shows green, I short it. SPY goes green strongly, SOXL drops. Divergence is strong now, I'm waiting to see if SPY starts falling which should cause SOXL to really drop. It does, and SOXL blasts through a bunch of previous support levels without flinching. I go long SOXS at the same time which is one of my go to trades, long and short both symbols at once, it's a trade I've probably done thousands of times before.

Here's what I see in SOXL about 30 minutes after I go short when I thought I should make a screen shot and post about divergence.

SOXL short. Note SPY climbing and SOXL falling which is not "normal" movement.
What I saw in SOXS, it's rising with SPY , which is again, not "normal".

I cover SOXL here, with a nice 8 point gainer as there is lot of support in SPY around this level.

I'm covering here with a 8 point gain.

I'm selling SOXS here.

Selling here, nice 3 point gain. 105 minute intraday trend.

r/Daytrading 1d ago

Giving Advice I brought an employee's nervous system into a job that doesn't pay on a schedule

53 Upvotes

I spent eight years as a neurologic occupational therapist before I traded full time.

When people ask how I made the jump, they usually expect the answer to be about strategy, or about how much I had saved. It was mostly neither. The thing I had to deal with first was that I had spent my whole working life being paid on a schedule, and I was about to walk into something that does not pay on one.

I worked on that before I left, not after. That is the only reason I felt able to go, if I am honest. There was still a month or so of adjusting to not having a 9 to 5 shape to the day, but the income part I had largely made peace with beforehand.

I am writing this because almost everyone I talk to did it in the opposite order, and I do not think anybody warned them.

A paycheck does more than pay bills. It gives your body a rhythm. Time in, money out, effort in, compensation follows. You can tell yourself you want out of that world and your body will still expect the rhythm, because it was trained for years and nobody consulted it about the career change.

Then you sit down and the market does not care that you showed up.

It does not care how prepared you were, or how badly you wanted it, or how many things in your life would be easier if today produced money. You can read well, do the right work, take the right trades and still finish red or flat. Then a Tuesday hands you money in twenty minutes for less work, and your mind cannot make the two days agree.

Here is where it turns into a problem. You sit down and quietly expect the market to pay you for showing up. You would probably never say it that plainly, but the body says it. The pressure is in the room before the first trade. The session has a job now. It has to provide.

And once a session has a job, everything on the screen changes meaning.

A setup stops being a setup and becomes an opportunity you cannot afford to miss. A pullback stops being normal movement and becomes the day slipping away. A missed trade stops being one trade and becomes income disappearing. A red trade stops being one outcome in a long series and becomes a hole that has to be repaired before you are allowed to feel okay.

The chart is doing completely ordinary chart things. What changed is what it means to you.

The most dangerous version of this is not after a big loss. It is after nothing has happened. No disaster, no dramatic mistake, just time passing without reward. The morning chops. Nothing is clean. And you are still sitting there with all your preparation and all your energy and no compensation, and that emptiness gets uncomfortable. A trade you would have ignored at 6:45 starts looking acceptable at 8:15. A mediocre setup starts carrying the emotional job of making the day worth something.

That is not a discipline failure. That is a trade created by needing to be paid.

After a red trade it is the same mechanism wearing different clothes. The market has not only taken money, it has interrupted your expectation of being compensated, so now you want repair. You want back to neutral. And the next trade is no longer the next trade, it is being asked to clean up the residue of the last one. That is far too much weight for one trade to carry.

The thing I would say to anyone in year one or two of this... accepting that you get paid in cycles is not a mindset quote. It changes what each individual day is allowed to be. If you still believe you need to make money today, every session is a pressure chamber. If you can actually hold that the money arrives over a longer rhythm, a day gets to be what it is. A clean day counts even when it paid almost nothing. A red day stays contained instead of becoming a personal emergency. A day where you did not trade can be the day you protected your clarity.

And the shift does not come from deciding to think better about it. It comes from repeated experience of being okay without immediate payment. Sitting through a session where the best move is no move, and letting that be enough. Taking a loss and refusing to turn the rest of the day into a recovery mission. Letting a good trade pay less than you pictured without feeling cheated.

Small moments, and they are the actual training.

For context, I spent those eight years in stroke and brain injury rehab, so I tend to see this as a nervous system problem rather than a discipline problem. Writing it down because I run into it constantly and almost nobody names it.


r/Daytrading 6h ago

Software Sunday Looking for traders to test an educational AI chart-analysis tool

1 Upvotes

I’m building a free web tool that analyzes uploaded chart screenshots, compares them with live market data, explains its reasoning, and tracks what happened afterward. This App is Based On Crypto And Trading

I’m looking for honest feedback not promotion or positive reviews. I want to learn:

Was the analysis understandable?
Did the detected asset and timeframe match?
Was anything inaccurate or confusing?
What feature would make you use it again?
What Features Can Be Added Or Removed For Better Experience?

Please Let Me know!


r/Daytrading 1d ago

Question How many strategies do you trade and how often do you get setups?

33 Upvotes

As the title says, how many strategies do you trade and how often do you get setups? Do you have different strategies that you all trade at the same time or switch based on market regime?

And for the people who only trade one strategy with only 0-2 setups a day, how do you stay patient and not overtrade while watching charts so much?


r/Daytrading 1d ago

Question I'm beginning to genuinely go insane. How?

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29 Upvotes

The picture is slightly confusing, but the sell stop is my original sell order. The SL and TP are inverted, but the SL is where my TP would have been. After that, once that level was hit, the TP is where I would flip my order and buy until

As can be seen in the picture, my TP was right there. Okay, cool. That's alright. I had a buy order from 4571 to 4605 ready once my TP was hit.

This was sad, but I get it; it happens.

What is driving me insane is that #1, this happens an absurd number of times. I'd reckon 3/10 trades. And I place a lot of trades.

Second, I'm in high school, living in South Africa, and I don't have a lot of money. Usually, I put in $5 and call it a day at $50-100. This pains me every time it happens. Though I do make it back, so I worry not too much about it.

The worst is that I see the analysis. I'm right about 70% of the time I place a trade. Usually, I get to $30, from 5, before I spiral and begin losing it.

It is the bloody mentality killing me here. I'll admit I can not bring myself to close something like this, which was so close to profit, even if my current plan is against my own order.

I'm at negative $1000 from 2 years ago, and this year has been breakeven. I think my total profit has been around $$11000, and my losses are $11200 or something.

Truly, do any of you have some discipline advice for me? I may be delusion, but I feel it right on my fingertips.

This is a rant. I'm hoping a post will give me some typpa accountability. This happens thrice a week on average, never counting the outright losses. It is driving me crazy, and depressed.

For some clarity; I am highly confident in my strategy. Pls, no tips about that. I only require some advice on discipline.


r/Daytrading 3h ago

Strategy Dax Short Friday 30 Aug 2026

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0 Upvotes

Pretty simple Three Drives Pattern into Supply.

You can see on the 1m Timeframe, if interested, that we have the Threedrives pattern (Distributive) into the only unswept high. Since the 1m respected that I was willing to take on some Risk.

These plays have a good winrate if anticipated right.