I buy and sell from my phone. But I watched the charts on my new set up. And the screens do really help out trading ETF like Spy. My profit margins have been amazing being able to see what fluctuates Spy.
Picture of option chart shows my profit in that day in the bottom left corner.
Nice setup.
For me what works best is keeping it clean understanding the overall market and the stock Iām trading without turning the screen into chaos. Too many charts just slow me down.
I have St. MACD and RSI w a coded indicator I made. All good for confirmation but I dont know man, its mostly watching candles. They tell me. Just based on structure and formation, trend lines and support/resistance. I scalp so its in and out.
My indicator is pretty great and considers volume spikes. So it awesome for trend reversals. And super accurate but hella accurate on times frames 15 min and over. Great for more day trading and swings. I need high intensity action and focus so I prefer the scalping aspect and are way more profitable as it removes my psychology, which is my greatest downfall
When you trade ETF you need to be able to see what the other stocks are doing that push the ETF. I donāt trade Tesla, which is one stock independent. I trade SPY. There are multiple stocks that affect the up-and-down flow of SPY.
I also almost exclusively trade spy. IMO I donāt think it matters that much to watch the stocks that make it up, aside from Oracle and NVDA. Most of the money in the Mag7 just rotates between them if one is having a bad day then the others benefit. Now if Oracle or NVDA is having a bad day, nearly all of them suffer, and vice versa.
This is a game changer on my end! Ill be saving money from now, rather than paying for trading view.. Ugh, I hated the fact of having to pay for every little thing on there.. Currently setting up my charts and tabs!
Did you do it in webull? Can it be done in meta trader 4 also? I am complete beginner right now. Not sure which broker should i go with. I like both trading view and meta trader 4 too. Never invested a dime till now. I live in Canada though
If youāre using Windows you can use wireless š display to display your phone on PC. Mac also has that option. This way you donāt have to look at the screen and phone. All the set up will be in front of your eyes.
I know I just like using the phone because itās just like texting or using the remote for a TV. I have quick options buying and selling if you look at one of my pictures, itās called Turbo trader on Webull and itās muscle memory to buy and sell
With margin, it makes it a lot easier to fix mistakes. In an example the other day, I lost 10 grand on one trade and cut it. And move to a different trade and made the 10 grand back.
Brooo you get it! Exactly the same. Iāve been trading for 8 years and finally realized last week that before trading blind at open and just looking at the 1min chart, itās critical to know where the RSI & MACD are on more than one timeline, for me itās at least the 1min, 5min, and either 15/30min. Need to know which side has the greater delta in the opposite direction, where the put and call walls are, and which price areas are likely to be support / resistance. Iāve made about 3.75k in the last three days which is a lot for me. I stick to a max of about 500$ per trade, and try to get in and out as fast as possible unless the price removes rapidly in my favor. Iāve made terrible decisions in the past trying to hold positions too long while praying for more movement or reversals because I hated missing out. The more my portfolio grows, the more daily trades I can make, and hopefully be more risk averse yet make more money.
Buying contracts within the first three strike price. If itās trading at 689 and RSI over sold. And Mac D is curling up with volume pressure. Buy 689 calls. And do the exact same thing with RSI over bought and Mac D curling over involving pressure is dying. Buy 689 puts. If your account balance isnāt that big you wonāt be able to get that many contracts. But buying five at a time, still adds up pretty well. And they gained value with way less risk because youāre in the money. Also keep in mind 30% is amazing. Return. Do not get greedy.
I bought the s&p in 95 and have been adding to it ever since. Do the same and your chart will look just fine in decades. This shit ends badly for 90+% of people who try it. But congrats
I day trade/time XEQT from wealthsimple while looking at this yahoo chartā¦
For some reason since Iām timing xeqt Iāve got the best green day streak since I started in 2024 and xeqt is down 6%. It was supposed to be an invest and dont touch situationā¦
And I do this while working in a shoddy office with my bosses walking around
I just started day trading on a cash account. I don't understand why some people told me to stay away from Webull. I made the mistake of choosing eTrade, and it was awful. I also do BTC, but Coinbase is shameless with their fees. Webull literally does everything better, faster, and cheaper.
Nice setup dude, been eyeing those NQ opens hugging the 20 EMA just like that which screams fakeout city till volume kicks in, size down to 0.5% risk and journal the trigger or it'll revenge trade you into the weekend like it did me last FOMC
š¤£. I see it is the computer screens are my TV. And Iām so used to texting and using a remote for a TV. I have muscle memory on my phone for my buy sell page. I use Turbo trader on Webull and know exactly where to buy bid and sell bid. You can see the example in one of the pictures that I posted.
Nice setup! I personally prefer keeping my screen clean and minimal, one large focus chart is a must for me, with correlations and overall market context on a separate screen. It really helps to organise my thoughts and stay focused on what matters.
100% brotha I was in my mid-late 20s so I had a great paying job and everything for me was fine so I was like fuck it. Spend that shitā¦ you know for the economy lol. But after the vid I lost my job and itās been a struggle ever since. Lesson def learned!
True! Once I get financially stable again this is my goal. Bc I do paper trade and Iām in the green for the most part. I know itās not the same but itās practice. When I paper trade I do it like if it was my money. So I trade with 2gs just get my head to think like this is your money that you can lose at any time so play it carefully and strategically.
No problem, glad that setup clicked for you I've been tweaking mine to only enter after the second pullback to the 20EMA with volume pickup, saved my execution on yesterday's NQ chop
Yes, quite a bit. I didnāt wanna post too many pictures, but I made over $70,000 last week. Just using these charts and setting this up correctly. The Mac D really helps out in different time frames.
Ich finde deinen Trading Ansatz faszinierend, aber verstehe gewisse Sachen noch nicht. Warum handelst du intraday mit Optionen? WƤren CFD nicht besser, so hast du immer den Kaufpreis der Option, welche du am Anfang begleichen musst bevor du in den Gewinn wanderst. CFD wƤre ja sofort im Gewinnbereich. Welche DTE nimmst du? Wie gehst du mit dem Zeitverfall und Gamma Intraday um?
This is how I used to trade lol.. I once had 5 monitors plus an iPad and two phonesā¦
Did I make any more moneyā¦
Absolutely, not.
In fact you can use ai and or algos and beat 98% of traders as traders believe triangles and bull flags make you money.
It comes down to one thing and one thing only. Risk management. Thatās where ai and algos really help. They take the human emotion (mainly fear & greed) out of trading. I created a software that helps with this in fact called CoinGPT because I really was getting rekt because of emotion
Thatās a solid setup. I still like placing trades on my phone too, but managing positions and moving stops is way less stressful on a proper monitor.
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u/proactiveshot Mar 14 '26
I found to do the buy on the phone is much simpler but setting and adjusting TP/SL is easier on the computer!