Short guide on starting Day Trading

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jedw

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Hey guys today I will be talking about day trading.

i have quite a bit of experience in the markets watching them move and seeing how price turns out. One of the first things i am going to say is DO NOT BUY A COURSE (as many as u may know unless you are low iq) 99% of day traders in the scene are Larps and its very obvious if you just have a look at most of them.

Trading is not cope "99% of traders quit before they make it" is extremely true. to start trading you need a lot of persistance and discipline, but it will work in the long run.

WHERE TO START

from my perspective, when I first started, I watched TJRs bootcamp. not for strategy (his strategy is pretty buns) but more so just to get a basic understanding of trading knowledge/terms. if you already have a solid idea and understand most terms and simple liquidity, I will generally say there is no point in doing this. BUT if you do not have any idea or only a tiny little idea of day trading, I highly recommend it as it teaches a lot of solid concepts you can use later on in your trading career.

After you have done this (Or if you already have a solid understanding of trading) i would move on to find a good strategy. I can recommend Powells key opens strategy and order flow. these are both very solid strategies (order flow takes a while to learn but it is worth the time). Powells entire mentorship has been leaked on YouTube so if you want it just look up Powell strategy and it's a playlist buy someone called "Traders Library" with all his leaked premium discord videos.

Psychology

Psychology is a big part of trading as what happens to a lot of people, they will lose on the day and think "well i am just going to place another trade and win the money back" you know what happens 90% of the time? they will force a trade, lose, and force another. this is what really fucks people up in the day trading space and it is easily one of the hardest things to conquer in your trading journey. even some professional day traders still struggle with it.

WHAT NOW?

I cannot recommend enough to starting a paper trading on trading view and doing that for 3 months ATLEAST, this will help you become profitable in the long run and learn even more. you should also go onto FX replay, and you should back test at least 150+ trades before you consider buying a funded account or starting a live. Back testing is very important cause it proves whether you will be profitable in the long run or if you're wasting time.

LAST

Trading is something you have to be patient with, don't see it as a short-term quick cash grab as its nowhere near it. you will only start seeing success once you start treating it as a long-term career.

Short thread ik sorry

Quick disclaimer none of this is financial advice and trading can be risky if you do not know what you are doing
 
Last edited:
  • Hmm...
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dnr gamble instead
 
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Reactions: 2ndAscension
Nice post brah how much time did it take u to become profitable? are you making Banks yet?
 
Hey guys today I will be talking about day trading.

i have quite a bit of experience in the markets watching them move and seeing how price turns out. One of the first things i am going to say is DO NOT BUY A COURSE (as many as u may know unless you are low iq) 99% of day traders in the scene are Larps and its very obvious if you just have a look at most of them.

Trading is not cope "99% of traders quit before they make it" is extremely true. to start trading you need a lot of persistance and discipline, but it will work in the long run.

WHERE TO START

from my perspective, when I first started, I watched TJRs bootcamp. not for strategy (his strategy is pretty buns) but more so just to get a basic understanding of trading knowledge/terms. if you already have a solid idea and understand most terms and simple liquidity, I will generally say there is no point in doing this. BUT if you do not have any idea or only a tiny little idea of day trading, I highly recommend it as it teaches a lot of solid concepts you can use later on in your trading career.

After you have done this (Or if you already have a solid understanding of trading) i would move on to find a good strategy. I can recommend Powells key opens strategy and order flow. these are both very solid strategies (order flow takes a while to learn but it is worth the time). Powells entire mentorship has been leaked on YouTube so if you want it just look up Powell strategy and it's a playlist buy someone called "Traders Library" with all his leaked premium discord videos.

Psychology

Psychology is a big part of trading as what happens to a lot of people, they will lose on the day and think "well i am just going to place another trade and win the money back" you know what happens 90% of the time? they will force a trade, lose, and force another. this is what really fucks people up in the day trading space and it is easily one of the hardest things to conquer in your trading journey. even some professional day traders still struggle with it.

WHAT NOW?

I cannot recommend enough to starting a paper trading on trading view and doing that for 3 months ATLEAST, this will help you become profitable in the long run and learn even more. you should also go onto FX replay, and you should back test at least 150+ trades before you consider buying a funded account or starting a live. Back testing is very important cause it proves whether you will be profitable in the long run or if you're wasting time.

LAST

Trading is something you have to be patient with, don't see it as a short-term quick cash grab as its nowhere near it. you will only start seeing success once you start treating it as a long-term career.

Short thread ik sorry

Quick disclaimer none of this is financial advice and trading can be risky if you do not know what you are doing
Low iq post. Tjr is a grifter and if the financial markets were as easy as watching a free course then why is Wall Street so gatekeept.
 
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Reactions: 2ndAscension
Flashback to TJR shilling every shitcoin trench runner he could find in 2024. Until his lawyer told him to keep his fucking mouth shut and never talk about shitcoins again. He apricated your exit liquidity thou.
 
  • +1
Reactions: 2ndAscension
Low iq post. Tjr is a grifter and if the financial markets were as easy as watching a free course then why is Wall Street so gatekeept.
true i only said tjr so people get a base knowledge. i understand where you are coming from.
 

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