r/Daytrading

Is it worth it..

All I hear about is the failure rate, or the fake gurus. Is anyone with a 50k bank roll really making life changing money every year or are we all just trying to turn $500 into three million, 50k into 3k a month profit some months or just delaying the inevitable.

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u/Motley843 — 2 hours ago

Anyone go from being impatient, entering too early and over trading to being TOO patient and missing a lot of good entries as a result?

Guys, I don't know if it's just this current market regime but it feels like my target entries keep getting front-run and I'm not sure if it's just the current market or a result of me going from being very impatient and entering way too early to being overly patient now. Anyone been in this boat before? How did you solve it?

I'm sure someone will suggest scaling in and while I do do that sometimes I generally do not like scaling before an entry point I have already identified. I'd rather add once I'm in the trade and see it going in my direction. Mostly trade SPY options and futures (MNQ/ES). Just wondering if others have gone / go through this and how you dealt with it.

It's not a fear of entering, I feel like it's more being greedy for a better entry? Idk. In the past I would either enter too early or chase the moves after and get burned. I don't do either anymore but now I'm feeling frustration from the other side of it.

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u/StonkMarketApe — 3 hours ago

Trading ruined my life

Trading ruined my life. I’m 27, and managed to give $200k to the stock market since April 2025 (majority of it was lost in the past 3 months. I now realize that I wasn’t trading, I was simply gambling. Now I realized it’s time to exit the casino.

I fell into the hole of “add more and size heavier. You’ll get the losses back.” Only to lose it all again and keep repeating the cycle.

I’m broke now. I was on track to purchase a home and move out of my family’s house last year, and now I have $3000 in my savings account, and $400 in my trading account.

I feel crushed, absolutely stupid, destroyed, and feel like I betrayed myself. I can’t even bring myself to tell my mother I lost all this money that I spent the past few years saving up.

I’m not looking for “yeah you messed up” comments. Desperately looking for advice. I’m a great technical trader, but the psychology is what ruined me. Everytime something went red, I would average down, and say “it’ll come back. It has to” now here I am completely lost in life and genuinely don’t know what to do. I truly am ashamed of myself. Wish I never picked up trading to begin with.

As stated above, I have $400 left in my account. Should I just try to slowly rebuild? Or am I beyond cooked and just give up and become another statistic? Thanks in advance.

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u/Unlikely-Virus1455 — 12 hours ago

I can't stop myself from revenge trading

I'm a young daytrader and I've been learning for the last year and a half of my life and I can't prevent myself from revenge trading. I try and I try and every loss hits me like a truck. I rush to make it back and I lose everything I hate it I feel so lost.

Please give me advice every loss feels like my future is getting torn away from me. It's a horrible feeling and I'm worried for my future.

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u/Sariikas — 8 hours ago

Where do I go from here?

Hello! I’m pretty newish to trading. I havnt actually gotten much trading done but I’ve spent the last 6 months off and on reading and studying a lot. Mostly about psychology, risk management, and charting. But no actual trading really. Some paper trading here and there. But that’s where I actually get stuck. I overthink everything soooo much that I don’t even know what to do. I don’t know how to practice at all. I just got the 30 day trial on TradingView so I can use bar replay cause I’d like to try and study the market a bit and look for an edge. But my main issue is I honestly don’t know how to “correctly” practice that. Id like to have a set time that I can open trading view and just know what I’m practicing and and how to actually look for trends and other stuff. This probably sounds pretty ignorant or dumb and it’s cause that’s just where I’m at and I don’t know how to move forward now. But I’m gonna be home for a week straight as I’ve injured myself and can’t work or play games. I would really appreciate any help anyone has.

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u/throwaway_fem1 — 6 hours ago

do i quit my job?

I’m 23 and currently working a casual retail job while trading on the side.

I’m up $4.3k so far this month from taking one trade most days, which is already around what I make in a month at work. It’s getting harder to keep showing up for shifts knowing one trade can make more than I earn all day.

I know one good month isn’t enough to rely on, but at what point does keeping the job become a waste of time?

u/BerryBlissLumi7878 — 14 hours ago

Risk management with Internet Service Providers

Just learned a valuable lesson. Long story short, I’m stuck with Spectrum in my area. We have several minutes of downtime randomly at least once daily but it’s not uncommon for the service to be interrupted for several hours at a time, typically overnight. The uptime here is horrible.

I just made the mistake of opening a position in Tradovate using “grouped” accounts (copy trading), and by doing this you’re not able to execute your order with stops and takes in place (“ATMs”).

Surprise! Internet went down and by the time I got logged into Tradovate on my phone to flatten the positions or set stops, I had been stopped out due to DLLs on each account. Obviously not the end of the world but I’m fuckin pissed.

So yeah. Learn from my experience. Have a backup plan, especially when you can’t use “automatic” order stops!! Either go for a cloud based solution for copy trading or at least be ready with another Internet connection already authenticated to manage your position.

Also, how is Starlink? Anyone use them? I know latency might be an issue for scalping but I’m already paying 3-figures for shitty unreliable internet so it’s worth investigating.

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u/TheDocRaven — 3 hours ago
▲ 62 r/Daytrading+1 crossposts

SCAM and Warning about Somesh / Kay Capitals

!!!! CAREFUL before paying $3,000 for Kay Capital course or Discord.

He never seems to show a full live broker screen with clear entries, exits, position sizes, and real account history. Most of what people see is Instagram hype, selected winning trades, profit screenshots, and lifestyle content.

His Instagram posts funnel followers into a $3,000 course. Just 1,000 enrollments would generate $3 million in gross revenue. 1000 x 3000 USD = 3 mln per month.

The whole setup seems designed to bring followers into Discord and then sell them an expensive course. People who question the results, talk about losses, or challenge what he says are reportedly removed, while admins and supposed students defend him and make the group look successful.

The biggest red flag is simple: if the trading is really that profitable, why not show everything live and transparently?

His real business may be selling memberships, not proving consistent trading profits. Do your own research, speak to former members, and do not join unless he provides verified broker statements, full live trading, and there is no refund policy they just stop taking calls.

u/Limp_Appointment7145 — 11 hours ago

Self sabotage

Hi,

I need some advice here.

So, i have been trading for a while, but i have a self sabotage problem. So far Im on the red side because of this mainly.

When i start to make some money, i start getting excited about ideas how life is going to be great because i'm on the right track of making money day trading, start fantasizing about things i can do, things i can buy, a better life etc, and then, everything crumbles, every dime i made is gone, i start to see trades that arent perfect and take them, One after the other, and then it loops for loss recovery.

Have you been here? How did you managed this?

If not, what would you suggest for me to get beyond this self sabotage?

Thank you all

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u/ReasonableAd2404 — 7 hours ago

Indicators

I’m looking to start trading, so I’m trying to educate myself as much as possible. I noticed there are a lot of different indicators. Just wondering which ones would be best for a beginner. I plan to paper trade first to practice before actually getting in. So what’s are your favorite indicators???

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u/78ICu2 — 11 hours ago
▲ 3 r/Daytrading+1 crossposts

Squawk/news trading

I have started trading the news and have tried a few different squawk feeds. Do any experienced traders trade this way? If so, which squawk feeds do you use?

Any other tips or advice would be greatly appreciated.

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u/shaun330 — 5 hours ago

Hit my first goal with a small account.

I have been trading with a very small account of $100 for the past couple months learning and improving. Now finally I have been improving on bigger green days and smaller red days. This month I finally stop breaking even all the time and I hit my first milestone of reaching $200!

Just wanted to share this milestone, and hopefully start snowballing it to $300 and $400. Also my average trades made per-day are typically about 5 or 6.

u/Creepy-Series6827 — 8 hours ago

Cryptos or futures and why or why not?

I always hear everyone say they would NEVER trade bitcoin, or crypto in general. Every time I’m looking at crypto BTCUSD to be specific the trades seem pretty consistent and not as choppy as futures.. so what’s the deal?

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u/tag_cya — 7 hours ago

Explain to me like I’m 5

I don’t trade I’ve looked into it, not for me. My question is when people lose money to the stock market where does it go? It doesn’t just poof away gone. Who gets it? Like if you invest in a company then they use that money and then if the company does bad they spent the money for no return to you?

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u/alittleunhingedd — 11 hours ago

If your backtest uses swing highs and lows, check when you mark them

A swing low is not a swing low until some bars have closed after it. If your code marks it on the bar it forms, every entry that references that level has already seen the future.
Mine did exactly that. Two bars. The equity curve was something I wanted to frame. Moved the marking to the bar where the swing is actually confirmed and the same rules, same data, same costs went negative.
One line. If you have never checked yours, that is where I would look first.

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u/HonestBacktests — 6 hours ago

Almost Blew 3 accounts this A.M. suggestions needed

Is there a way I could’ve done this better:

This morning I avoided FOMO after MNQ took out Asia lows and I had a plan to long into VWAP but got a bit shaky due to the next 5 minute candle having ZERO wick which made me hesitate and the train left the station at that point.

So I waited. As price got into the 600s I decided I would short back into VWAP and due to my earlier hesitation on the long entries got a bit too eager and got chopped up between 615s and 630s.

I hit my DLL on 2 accounts and on the 3rd finally got a break below 600s to VWAP at 544 (1 mini @ 608. Peeled off 8 at 584 and runners to VWAP).

My main question is:

How do you personally handle potential tilt especially in trades where your thesis is there but your timing is off?

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u/luvit_didntwhereit — 15 hours ago

Whoever was in this trade made bank BTCUSD

What are your thoughts on trading bit coin. Do you recommend it? I’m paper trading but it’s 24/7 open

u/tag_cya — 12 hours ago