r/Daytrading

Wanna be friends?!

Hello I'm 18 and looking for someone to be friends with. I'm a male that always strives and gives his best and lwk when you have someone with the same interests, mentality and goals as you everything becomes cooler. That said my interests go around trading, programming and math. I know this is corny but we only live once so why not try to be friends with X and y?! More ABT my inner self? Uhh... There's one way for you to find out!

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u/Magnuz_1937 — 1 hour ago

how do you create your strategy without it being gambling?

hello, i had been trading on and off from 2021 without being profitable and having big breaks of 1y long and then trying to learn better, but still being a victim of overtrading. I have been thinking lately of what has gone wrong and I believe that it's probably the fact that I don't trust my strategy. I find it more of it being a random thing that mostly won't work in a market that changes constantly. Then I think about that I don't have a reason that I had selected trading xauusd and indices and that in fact I have no knowledge of selecting one or another and I have no idea how to develop a strategy that isn't just following what someone else is doing. Not even talking about how everyone is saying that different things are the best and good working...do you have any advice?

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u/Creative-Brain70 — 8 hours ago

Can anyone help me to understand the graphs after so much losses in intraday trading

I am in intraday trading for last 30 days and I have learned all types of charts and things but it is not going according to the charts and The instant i decide to buy a stock after that the price start dropping and when i sell it in loss then the it start rising 😭😭

I need advice or tips or partner to do intraday together

u/Engineeringmunda — 4 hours ago

the trade after the loss is what actually blows accounts, not the loss itself

been doing this a few years and finally admitting the pattern to myself. a bad trade on its own is fine, i can eat a $200-300 loss and move on no problem. what actually gets me is right after, when im still pissed off and still sitting there, and i end up reentering on some setup i wouldnt normally touch just trying to make the loss go away. thats the trade that turns 200 into 1500

tried daily loss limits, tried just telling myself to close the laptop and walk away, none of it actually works because by the time im tilted ive already justified breaking the rule to myself

anyone actually fixed this or is it just a permanent tax on trading

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u/Quirky_Situation581 — 5 hours ago

Why did nobody tell me that trading less makes more money? Genuinely feel stupid for how long this took.

Serious question before I explain, go pull your own trade count vs your P&L for your last two months. I dare you.

Because I finally did, and it broke my brain a little. My worst month I took 58 trades and made 1.9k. My best month I took 26 trades and made 4.7k. Less than half the trades, more than double the money. Same strategy, same account.

For the longest time I thought the answer to a bad week was to trade more, work harder, be in front of the screen longer. It was the exact opposite. The extra 30-something trades werent setups, they were me being bored and needing action. Every one of them was bleeding the good weeks dry and I couldnt see it because I only ever looked at profit, never at how many times I clicked to get there.

The fix was almost insultingly simple. I capped myself at 3 trades a day. Green days got bigger, not smaller.

So now Im genuinely asking, is this everyone, or was I just uniquely bad at leaving the mouse alone?

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u/MrSubii — 14 hours ago

Last week was tough week for me

Rough trades last week, got out of my winner's too soon and dca on the losers and took a beating. Maybe just me but felt like a lot of fellow traders were chasing and getting chopped up? Something just felt different this last week. Here's to shaking it off and starting fresh tomorrow

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u/ShoddyPotential6585 — 4 hours ago
▲ 9 r/Daytrading+5 crossposts

Built an AI layer into my trading journal, here’s what actually helped after 2 months

Quick context, I trade DAX40 mostly, indices and forex on liquidity sweeps, MSS and BPR. I built a journaling platform for myself last year because I was tired of Notion templates and bloated tools, ended up opening it up and now there's a small community using it.

The last few weeks I rolled out some AI features and honestly some of them changed how I review trades, so wanted to share what works and what doesn't from a trader perspective, not a product one.

What I added:

  1. AI verdict per trade. After you close a trade and log it (entry, SL, TP, screenshots, notes), an AI gives you a verdict. Was it actually a valid setup, did you respect your rules, did you size correctly. Sounds gimmicky but when you log 30+ trades a month it catches the pattern of "I keep entering before candle close on Tuesdays" way faster than I would.

  2. Coach profile. You define your own strategy (mine is liquidity + MSS + BPR + candle close confirmation), risk rules, instruments, and the coach updates as you log more trades. So the verdict isn't generic, it's against YOUR rules, not some ICT bro checklist.

  3. AI chat with full access to your trades. This is the one I use the most. I can ask stuff like "show me all my losing DAX trades in London session where I entered before candle close" and it actually answers with the data. No more scrolling through 200 entries.

  4. Analytics with confluence breakdowns. Best/worst confluences, profitability per setup combo, session performance, the usual but cross referenced. Found out my BPR + sweep combo is 68% win rate, BPR alone is 41%. Wouldn't have caught that manually.

Not a pitch, more curious if other people here use AI in their journaling or still old school spreadsheet. The verdict thing is what surprised me the most, brutal honesty when you ask for it.

Platform is TradingSFX if anyone wants to check, has a free tier. Happy to answer questions about how the AI is set up or how I trained the coach on my own methodology.

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u/Local-Amphibian9197 — 6 hours ago

Trading bot

I have started developing my own trading bot with the purpose of just reading charts, gathering historical data and providing confidence scores on buy/ sell positions, with the hopes of adding some sort of AI feature in the future. Has anyone managed to get a source that provides data? I keep having the issue of the websites blocking me access to getting their data so I can train mine. Do you know any work arounds for this?

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u/Honest-Walrus6250 — 9 hours ago
▲ 2 r/Daytrading+1 crossposts

The thing that kept breaching my funded accounts wasn't strategy. It was the first 15 minutes.

I trade futures on funded accounts, and the pattern that kept killing my evals was always the same. Clean plan the night before, then the open hits and I freelance. Move my stop, chase an entry I never marked, size up to claw back a red morning. My rules were fine. I wasn't following them.

The single thing that helped most was writing down the exact price that makes the trade wrong before I click, and actually stepping aside when it hits instead of widening it. Sounds obvious. Doing it at 9:30 with real money on a funded account is another story.

So I built a tool for my own prep. I save my strategy once, drop a chart screenshot, and get back a structured read in my own rules: directional bias, key levels, an if-then setup, and the exact invalidation price. On a funded account that last line is the whole point. It's what keeps a bad morning from becoming a breach.

Honest about what it is: not a signal service, doesn't predict price, doesn't place trades. It reads the chart you give it in the rules you give it, and on unclear mornings it says neutral. You still make every call.

It's free to try, 3 reads, no card, if anyone wants to poke at it. And as a founder and someone that's pretty new into building, feedback from people trading funded accounts or live accounts is very helpful and every piece of advice or suggestions, frustrations help. Try to break it and tell me where the read is off, or what a prop trader needs it to catch that it doesn't.

u/fjemini — 7 hours ago

I thought that not every system/Strategy works so I changed my approach

NOTE: Will be a long read.

https://preview.redd.it/ohgl09gemfbh1.jpg?width=852&format=pjpg&auto=webp&s=e665aa570dc1eb9fabd703ae304d6a3be76ab402

As you can see above my Pnl,

but I am not here to brag.

I am sharing my Point of view which made me profitable.

From starting of my journey, I never had a good winrate and I used to think that winrate is what matters.

What matter in our method is Direction, ability to let winners run, and a solid entry criteria paired with volitality.

I am a 1M TF trader so I determine my direction through price action on 15M TF

15M TF

here are 3 consicutive BOS so I will look for buys in 1M TF for today.

also have a strict trades per day or ideas per day limit.
if you dont keep it then you may over trade. Idea here is that no one can predict the correct direction. we may be wrong here too so we can protect our capital here.

Ability to let winners run :-
haha, most will struggle here. I'll share how I developed it.
you can try 20 trade exercise by Mark Douglas with real money till you get rid of emotions first. it may take 3 try or 5 or even 10+ do it it works!
Then, do the same exercise again but with a catch. you will take a direction(Bias) and then place trades like ussual but now without a TP and ones you hit 1RR you will trail your SL to Break even. now repeat till your mind stabilizes, close your running trades at the end of 20th trade.
VERY IMPORTANT NOTE( Try to keep your SL as small as possible)

take your own Entry criteria but trade only on 1st hour of London session or NYC session.
VERY IMPORTANT NOTE( again, find out avg 1st Hour moment of your FX pair you trade. for mine its GBPUSD so around 20 pips. so IF I keep a fucking 5 PIP SL then I should expect 4RR or maybe 5RR. but my SL is always 3 pips(get a good broker with 0 spread) so I keep my tp to minimum 6 RR

also Dynamic Take Profit is very important so look from your journal or backtests. you will definitely find a good pattern and figure out your style of trading and your risk appetite
If your ok with losing a trade which is halfway your Tp then fucking increase your RR!

MY Winrate is 20-30% so I am ok with losing trades and breakeven trades.
RR is dynamic. alot of factors in consideration.

Psychology is important too.

I know that a single winner will make up for losses and the profit for a month
so I tend to be very picky with my trades.

I am not a world class trader nor do I call myself one. the main problem that people miss understand is that making more money= more return. ABSOLUTELY FUCKING NOT!!

5% return in 10 Million dollar capital is far more superior then 50% return on 500K
Thats the reason why hedge fund managers and wall street traders are world class traders even when they make around 20% returns in a year!

feel free to ask anything, I'll be happy to assist.

English is not my first language so excuse me and writing it myself is better then using AI.

just here because I have some free time.

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u/SanskrutiChaiBar — 8 hours ago

Ai Vision Coach ,Best In Class Backtester and Automated Journalling all in one workflow (Free) for now

Most traders are paying $50/month just to journal their trades on Tradezella , Traderysnc , etc

Then paying separately for backtesting.

(And that too without a Prop Firm Drawdown Tracker which is crucial for funded traders.)

Then using random notes, screenshots, and spreadsheets to review what actually happened.

So even if you WANT to improve, your workflow is broken from the start.

That’s the gap we’re trying to close with our website

Why should traders need 3–4 tools and a pile of subscriptions when we could integrate all of this into 1 workflow

We built our website around the 3 things we think actually matter:

1. AI Vision

The AI coach lives intergrated right in your charting system , all you have to do is ask the Exis Ai coach and it will do whatever you wish to do :

Mark the Fair Value Gaps , Order Block , Trendlines , Daily Bias , ICT setups , literally anything.

2. Best-in-class backtesting UI

Not simply copy pasting Trading View's charts unlike most backtesters out there , we have built our very own charting system right from the scratch .That too with a Prop firm drawdown tracker if you trade funded accounts.

3. Automated journaling

You Never have to journal a trade manually ever again , the trades get journalled automatically once you simply upload a Screenshot of the trade , or simply autoconnect your live broker onto our website . So no more jotting down every trade .

We wanted one place where a trader can review, test, and improve without paying for a fragmented stack of tools.

And we made it free for the BETA version.

u/Alarming-Deer7874 — 10 hours ago

Is trading worth it??

To give you'll some background I'm a 17 yo teenager from a third world country striving to build something for my future self as my family's financial situation is not good at the moment. I heard a lot of mixed opinions about trading; some say it works if you're consistent and patient enough and others say that it's complete bs and a waste of time. I want you'll to be truthful and frank as possible. Should I start learning trading and have it really worked for you?? And of course, I don't expect to make $10K in a couple of months and I vividly understand that it's a long game but at least I am hoping to gain and master the skillset even if it takes years and make a couple of bucks along the way if possible. Everyone's advice and opinion is needed so help you'll lil brother out🙏.

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u/Maximum_Camp_7094 — 7 hours ago

Software Sunday : ZenBot Stock Scanner finds stocks that are moving with clear targets

I built and maintain ZenBot Stock Scanner (www.zenbotscanner.com), a powerful realtime scanner that helps you find the stocks that are moving on high volume toward specific targets based on important options levels. It launched three years ago as a donation-supported platform, and has grown to about 1000 traders per day. Their feedback has helped make it one of the most useful and customizable scanners around.

It’s highly customizable (hundreds of filter parameters on different timeframes), and has unique features like integration with your charting app of choice.

Some of my favorite features:

  • Very fast one-minute refresh rate
  • Multi-scan dashboard showing many scans at once
  • Scans based on bullish/bearish options flow
  • Dozens of built-in scans for day and swing traders, with lots of customization
  • Scan alerts in-app and mobile
  • Windows app that lets you launch tickers in your preferred charting app
  • TradingView live charts
  • Support/resistance and target levels based on key options levels (net delta and gamma exposure)
  • Live news scans and market commentary

Thanks for checking it out!

-st0rm

u/Glst0rm — 12 hours ago

Should I quit trading ?

At a point in my life , i was thinking about all those losses , all that money that i invested in , all that time , cause nearly five years is a great time , it's perfect either , cause you can learn any skill in it . I was wondering about my futur , all those feelings , those falls expectations , my poor self-control .

But , by contempling the bright side , this experience is priceless , gaining two figures in nearly a week , losing all the saving in CPI release , being face to face with my self . Even all that grinding , that stress , that , bring at a spot where you don't know even what are you looking at , all of it gonna workout . It's not a bullshit , it's the process . It's all about patience , and about being delusional enough to beleive that one day it may workout ,that one day you will beat the market in its own game .

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u/Far_mn1206 — 12 hours ago

Need Advice From Experienced Traders #1

Hi everyone. I'm still a beginner in trading, and I have a few questions that I hope experienced traders can help me with.

I often hear professional traders say, "Stop predicting the market and start reacting to what the market is doing." What does that really mean? Can you explain it in simple words or give an example?

I also hear some traders say it's better to use only one timeframe to avoid confusion. If that's true, what timeframe do you recommend for a beginner, and why?

Lastly, how much money do you think a beginner should start with? I know risk management is important, but I'd like to know what amount you think is reasonable to learn with.

Thank you! I appreciate any advice or tips.

I'm trying to improve and stop making the same mistakes, so any advice would really help.

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u/Fit-Anteater7368 — 15 hours ago

Logic behind 200 period EMA

Hey traders,

I'm trying to understand the deeper logic and psychology behind the 200-period EMA (especially on daily charts) being treated as this almost mythical "super support" or dynamic line in the sand.

Why does it seem to command so much respect and confidence from both retail and institutional traders? Is it purely because 200 trading days roughly equals one year, making it a solid long-term trend filter? Or is there more to it — like self-fulfilling prophecy due to widespread use, institutional order flow clustering around it, or statistical reliability in backtests as dynamic support/resistance?

I often see price respecting it strongly in uptrends (bouncing off it as support) and acting as resistance in downtrends. Breaks and reclaims of the 200 EMA also seem to signal major regime shifts (bullish/bearish). But is this backed by solid reasoning, or has it just become a crowded trade everyone watches?

Would love detailed explanations, real examples from NSE stocks or indices, any studies/backtest insights, or personal experiences on how you use it in your strategy. Bonus if you can share why EMA is preferred over SMA for this.

Thanks in advance! Looking forward to learning from the community. 🚀

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u/FluidGal — 8 hours ago

Full time day trading on m1 macbook pro

Im looking forward to being a full time day trader and i can get a m1 macbook pro easily so is it a good machine for day trading or should i look into windows?

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u/Other-Mix4987 — 17 hours ago

How reliable do you find your strategies live from backtests?

I’ve been working on a portfolio of strategies working on XAUUSD for several months now with these results being over the past 12 weeks on backtesting. It works even better on data before April but as the tick data isn’t as accurate I’ve been more focused on the timeframe that stays accurate.

How reliable do you find your backtests when they get put on a live account? I’m still fairly new so not sure how much I similar I should expect it. I’ve had demo versions of this make 5-10% days consistently so I’m hopeful.

u/ADHDguy26 — 14 hours ago

Formación para principiantes

Buenas a todos.

Llevo poco mas de 10 años invirtiendo mis ahorros en bolsa a largo plazo,en el ibex35(bolsa de España) motivo porque soy de España,es la que mejor conocia.

En la actualidad tengo unos beneficios de 119% ,obtengo unos 3000 euros anuales de dividendos.

Siempre le he tenido mucho respeto a realizar day trading,me gustaría formarme y he visto aqui en este grupo compañeros con años de experiencia en este tema y buscaba no tanto un curso porque no me fio de los cursos,mas bien si me podrian recomendar libros para aprender, YouTuber que sean buenos,consejos,psicologia etc...

Soy una persona muy curiosa y autodidacta,me parece un mundo interesante,el largo plazo no hay miedo al error,no existe,las acciones da igual que suban o bajen pero la psicóloga que hay que tener en el day trading me parece fascinante.

Muchas gracias a todos de antemano a todos los que vais a responder y saludos desde España a todo el mundo

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u/MalditosRelatos — 11 hours ago

I think social media has completely ruined new traders' expectations.

This isn't aimed at anyone in particular.

Just something I've noticed.

Everywhere you look it's Lamborghinis, funded payouts, 500 pip runners and people apparently making five figures before breakfast.

Meanwhile most people are sat there trying to work out why they keep moving their stop loss.

When I first got into trading I genuinely thought if I worked hard for a few months I'd have it figured out.

Reality was completely different.

The biggest progress I made came when I stopped looking for "the strategy" and started reviewing my own trades instead.

Trading became a lot less exciting.

But it became a lot more consistent.

Curious if anyone else had the same reality check

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u/Actual-Break-6533 — 14 hours ago