How do you handle chop ? \[small timeframe trading\] \[price action\] You see an established downtrend with no major support before your TP You enter your position. Price action goes sideways for 30mn What is your policy in such cases and why ? Tighten your SL ? Exit your position ? Take partial profits ? I'm curious because I'm always torn between "Exit when the market starts to chop" and "let it be" In the example below I decided to exit and since the price hit my intially intended target I'm second-guessing my exit. In... 2 7 replies
Shorts for today RGTI SOUN Biggest opportunity to the downside today. These high flyers will (and are already PM) dump today. Get in the opp when you can. GL/ 2 0 replies
Referral programs What broker that offers options/futures has the best referral/affiliate program? I have researched but can’t make heads or tails of it. 3 0 replies
Why is it that when I enter a trade , price first goes towards invalidation(stop loss) then profit target. Is it an entry problem? Like I've tested the strategy as is , but what hinders me is this. I'd like suggestions on how to fix my entries. Ever gone through such a problem? 4 3 replies
Struggling as a new trader? Just... If you are struggling as a new trader, one thing that will help you immensely is size the flipping heck DOWN. I know most of you are likely trading a $50K prop account, and thinking you can trade 5 Mini's and keep blowing accounts. On those 50K funded accounts, you should be trading 2-3 MICROS MAX. You should be able to take 10 losses in a row and have it not blow you up. Give your strategy time to work for you, it can't work for you if 3... 4 10 replies
Anybody trading profitably The Strat by Rob Smith? I've been trying to get into swing trading for a while now, and I couldn't find yet a strategy that works for me for the Daily and 4H timeframes. I recently knew from this thing called The Strat by Rob Smith, and saw a couple videos about it and it seems like something I could work with, as it has very specific scenarios and rules, making it super objective in terms of when to enter and when not to. But I dont know of people using it with success,... 5 5 replies
I lost my earned profits, went back to where I started. What should I do? I am new to trading and stock market. Yesterday, I lost almost all my profits. So far, my stategy has been when I see the stocks going down, I would enter at low price and the next day, the stock prices would go up. I have won in my initial 4 trades and raised my initial 300$ to 350$. On my last buy, I saw SOUN was down and I bought it thinking it would go up the next day. But all market crashed and I lost 40$, almost... 3 19 replies
New Trader i want to start trading but iam completely clueless .how do i learn to trade what are some good learning tools and ive heard alot about copying peoples trades any idea how i start doing that 4 7 replies
Trading for living ? How long does it take to be fully capable and confident trader? I try to learn swing trading, day trading, and medium term investment. I am trying my hardest to learn for over 1/2 years, but I still not yet feel any stability and confident yet despite I have win some profit since the market was good in 2024. Any experienced traders been through this phase ? 1 17 replies
Tradenzio is a scam Offers to help you to help understand Patterns in the market and says scan the QR for “exclusive videos” to help understand them. For a minimum of $100 for their booklet and service. First off, after buying their booklet. It mentions setting up an account needs to be with the same email. (Makes sense to not share too much, at loss of profit I guess) if you set up with a different email, both emails will be banned. So I set it up with obviously the email I used... 3 1 replies
When to decide stop trading when winning? Im new to futures trading, learned by books and some youtube vids and paper trading last week and last monday I decided to go live. I started out with $1000 and today in down to $809… I was winning my trades at the beginning of the day but theres this point where I start losing little by little just like today I started at $857 and up to $946 then down again to $809… 1 3 replies
$3K AUD Own Account or Go for $100K Funded and Cash Out at $20K USD Hey all, I’ve got $3K AUD I’m thinking of trading, but I’m unsure whether to: 1. Trade my own $3K through a broker like Pepperstone or FP Markets—full control but small capital. But chance to scale. 2. Go for a $100K funded account with FTMO or 5%ers. The idea would be to build it up, withdraw around $20K USD, and then stop. Anyone done something similar? Is it better to just stick with your own funds or push for a bigger payout with a funded account? Appreciate any advice!... 4 2 replies
What happened today? I don’t see any announcements or anything that could have triggered this massive sell off but what am I missing? Or is it just expected ups and downs? Thanks much! 3 6 replies
Only for the advanced under you Hey Redditors. I'm currently building my fixed entry model ( if this term means nothing to you, don't start trading until you've studied it ), and I'd like to work with people with experience, someone who might be at the same point as me. Let's build a model together and help the others, with people who are actually serious about it 1 0 replies
Earn the Right to Size Up How many times do you need to blow your account up to become a successful trader? The answer is a big FAT 0. Yes, that's right. Regardless of how little money you have in your account, you DON'T need to blow it up in order to feel like you've achieved something. It's not cool to blow up your account but yet, some people wear it as a badge of honour. I see so many new traders sizing up far too soon without first having a profitable trading system and... 2 2 replies
Would you like a free app pushing you financial market updates? Dear Investors, I’ve been looking for a **free** app that delivers frequent **24/7 real-time push notifications** about the financial market, but I’ve only found old-school financial news apps like Bloomberg, MarketWatch, etc. These apps often require paid memberships and take a lot of time to sift through for key insights. So, I came up with the idea of an app that summarizes the latest financial updates (even from sources that require paid memberships) and market trends. This app would deliver concise, frequent updates straight to your phone through push notifications Here’s what it... 1 5 replies
Gap up Gap down strategy Hello, I’m a beginner just getting into options trading. Can anyone experienced please recommend any good books on the above mentioned strategy? Thanks a bunch 5 0 replies
Transition advice Hey I am a successful swing trader of etfs, and wanting to quit my day job. What would be the next best step ?..... I tried to find a prop funded company for swing trading ETFs but couldn't... I am wondering how hard would it be to transition to Futures or FX and then try prop funded... or day trading of some sort..I would study and try any new styles first before I quit my job to gain a basic understanding at least. I am leaving this intentionally wide... 3 1 replies
Everyone should listen to this exchange between a teacher and a student. (trading) A student tells his road to being funded story. the struggles etc. I want to share this, cause I have been through the same process. It you watch everything it will give you very important information, especially if you are a new trader. it is going to help you get your expectations right. It gives very good info on what you should focus on. [https://www.youtube.com/watch?v=lShfoMyMfv4](https://www.youtube.com/watch?v=lShfoMyMfv4) 5 0 replies
Using the Order Book in Futures Trading: Does It Help? Hello, my friends, for those who trade in futures markets, in your opinion, does using the order book as an addition to the chart help you? 2 0 replies