What do you prefer — manual trading or algo trading?
I’ve been manually trading for 2 years but still struggling to become consistently profitable. Recently started learning algo trading.
For those who switched from manual trading to algo trading, was it worth it? Which do you think is better in the long run?
I’ve been in trades I knew were wrong.
Still didn’t close them.
Just sat there hoping it would turn.
Telling myself “one more candle.”
Ignored my own rules.
Then it hit SL.
And honestly, the loss didn’t hurt that much
realizing I did it to myself did.
Still working on that.
Anyone else been there?
I blew an account because nobody told me to slow down
Early on I thought the more trades I placed the more money I'd make. Sounds stupid now but at the time it made sense in my head. More shots at goal, more chances to win.
What actually happened was I was in and out of trades all day, chasing every little move, convincing myself each one was a setup. By the end of the month I'd given back every bit of profit and then some. Account gone.
The hard lesson wasn't about strategy or indicators. It was about discipline.
Overtrading is probably the single most common reason beginners blow up and nobody talks about it honestly. Everyone wants to show you entries and exits, nobody wants to tell you that sometimes the best trade is no trade.
After that I forced myself to set a maximum of three trades a day. That was it. If I hit three I closed the platform. Didn't matter if the market was moving, didn't matter if I was up or down. Three and done.
Everything changed after that.
If you're sitting there refreshing charts all day taking trade after trade and wondering why you're not getting anywhere, that's probably your answer.
Been through it myself. Happy to talk if you're in that cycle right now and can't seem to break out of it.
random trades all day on 5m15m. chasing every wiggle. account grinding down.
now only 1h4h setups. watch daily too. entries way cleaner, less noise. trades dropped to 5 a day max. winrate creeping up.
but after 2 greens i bump size. 1 contract to 2 to 4. then one bad one hits drawdown hard. survived 3 losses in row before but size killed it.
feels like i get the market now but still no consistency. overleverage after wins the killer. you guys size fixed or what changes worked for real understanding?
curious if anyone knows how it operates
I've been journaling for a while but I feel like I'm mostly writing down what happened without getting real insight out of it.
Entry, exit, outcome. But that doesn't tell me why I keep making the same mistakes in certain conditions.
Curious what your review process actually looks like. Do you track anything beyond the basic trade data that's actually helped you find patterns?
Today’s price action showed something important again:
Neither side has strong conviction.
Bulls can push price higher temporarily,
but struggle to sustain momentum.
Bears can trigger selloffs,
but fail to create continuation pressure.
This creates a market structure full of:
In environments like this,
risk management becomes far more important than prediction accuracy.
The S&P500 has recently reached its highest ever point, and is now experiencing a pullback - for how long do you personally believe that this pullback will last?
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If you're new to trading and feeling lost, drop your questions below — I'll answer everything
No judgement here. Everyone starts somewhere and the amount of bad advice floating around in trading communities is honestly dangerous for beginners.
I've been in the trading industry for a while now and I've seen the same mistakes cost people real money over and over again — most of which are completely avoidable with the right guidance early on.
So if you're just starting out and you have questions you feel embarrassed to ask, this is your place.
Some of the things I can help with:
How to actually get started without blowing your account in the first week.
What to look for in a broker and what the red flags are.
How leverage works and why it's the number one killer of beginner accounts.
What realistic returns look like so you don't fall for the Instagram traders showing off Lamborghinis.
How to build a simple routine that actually helps you improve.
Whether you should be trading forex, indices, commodities or something else based on your situation.
If this helps even one person avoid the mistakes I've seen beginners make, it's worth it.
I have been testing my own custom trading view indicator for a few months now and it has been working great. Yesterday I entered a SPY call trade at the 9:36 candle on a 2 minute chart. The confluence was 5 min 200SMA, 1 hour 200 SMA, and PML. I had my stop loss right below the PML and the price respected both the PML and 1 hour 200 SMA. First target was VWAP where I sold 80% of my position, the remaining 20% I let run and took another 10% at first resistance level I have on my chart that my indicator marked, the remaining 10% I got stopped out right at break of previous candle. Great trade!
If I open a personal account with a broker, how can I start earning money?
Like, is there a strategy everybody follows? Or you pray that your niche stock will rise, cause that's what I'm doing now and I made maybe 10$ of that way.
So I'm wondering who you guys make it through to become a day trader?
Der ich sag mal vor Jahren angefangen hat? Der auch bewiesen hat Gewinne zu machen aber nicht mit der Euphorie umgehen konnte. Alles wieder verloren hat und nach geraumer Zeit wieder angefangen hat?
Zu mir. Ich habe mit 1000€ angefangen, für mich viel Geld. Aus den 1000€ wurden ganz schnell 2000€. 1000€ wieder ausgezahlt. Die anderen habe ich sogar wieder 2500€ gemacht aber in einer Woche alles verloren. Von den anfänglichen 1000€ sogar nochmal 340€ verloren. Ich weiß woran es liegt und so weiter.
Frage mich nur weil ich es auch wirklich möchte ob es Sinn macht an mir selbst zu arbeiten. Geld zu sparen und es wieder so zu machen.
Also jemand dem es vielleicht ähnlich ging und er sich nach einem Jahr Abstinenz gedacht hat ich greife wieder an und dieses mal besser und anders als am Anfang?
Seen some posts here in the community about xm withdrawals in India and some individual cases so I'm interested which method would be the quickest and most secure to do withdrawals from xm in general. Anyone please share their experience.
I am curious to know: how did you find your edge?
Currently, I am spending A LOT of time on FX Replay to collect all the data I can find. I really enjoy the Wyckoff method, so I am gathering as many ranges as possible.
My goal is to log 1,000 trades on BTC and find my edge that way. It’s a month of hard work, but I am quite sure I’ll have something solid at the end. (I have automated my journaling to make the process less tedious).
"Re-accumulation is a Model 2 62% of the time when the Fear and Greed Index is above 50."
This is exactly the kind of data that looks very promising to me.
I look forward to hearing your thoughts on this.
So i've been backtesting for a while now, and every week of backtest have the same pattern, 1 or 2 tps more than losses with a rr of 1:2 how should i consider that?
Current gold structure looks heavily compressed.
You can see it in:
Markets rarely stay compressed forever.
Eventually volatility expands.
The challenge is:
nobody knows which catalyst will trigger it first.
That’s why current conditions feel dangerous.
Not because the market is trending strongly.
But because uncertainty itself is becoming the trend.
A Bank of America fund manager noted that “going long on gold” has become one of the most crowded trades in the market, suggesting that risks are building up. If sentiment were to reverse, a wave of forced liquidations and panic selling could occur at any time.
I was studying charts and realized that gold does not always return to fair value gaps in the market. I wanted to know is there way to know that it won’t return to certain points of supply and demand and how to recognize it and prevent from getting caught by it not returning to previous points of interest? All help is appreciated.
Hey guys, if you missed it, CytoDyn just settled $500K with investors over claims it misled the market about its drug leronlimab some time ago. And they have already sent the agreement to the court for final approval.
In a nutshell, in 2021, CytoDyn was accused of overstating the effectiveness and regulatory progress of leronlimab. In short, the FDA later said the company’s claims were not supported by data, revealing no clear benefit.
After this news came out, the stock dropped 25%, and investors filed a lawsuit for their losses.
The good news is that the company recently agreed to settle $500K with them, and already sent this agreement to the court for final approval. So, if you invested in $CYDY when all of this happened, you can check the details and file your claim here.
Anyway, has anyone here invested in $CYDY at that time? How much were your losses, if so?
