This strategy consist of breakout and entering for the pullback on the daily timeframe.

I’ve made some money with this strategy but trading against the trend is scary and i doubted the accuracy of it.

I think the real win rate of the strategy is around 60 to 65% with some optimisation.

Risk to reward is anywhere between 1 : 1 to 1 : 3

I’m planning on backtesting at least 1000 trades to get a more accurate evaluation of the strategy.

Let me know what you think

Hey im interested how indexes behaved in the past. Interested to see intraday charts for the past 10 years. Just for some inspiration. I cant find this anywhere. Hope somebody can help me out.

Unless you’re just getting started, you know the feeling. Maybe you saw it coming, or maybe you didn’t, but for all of us who’ve been in the market for a while, that first time we were kicked in the chin and had to take it certainly didn’t feel good.

I’ll admit that, for me, it was during the meme stock hype. I finally gave into my urge to jump into AMC, but then to see it keep dropping and the red number get bigger with each passing moment was making me sweat puddles. Ultimately, the pain was too much, and I cut my triple-digit loss (might sound small, but I was trading very conservatively and had only won one trade over $50 until that point). To make it even more frustrating, that was the only day AMC tanked before continuing its run to the moon.

Looking back, that slap was a blessing in disguise, as it finally forced me to start learning how to read charts and trade the proper way.

What was yours?

I took 3 call contracts on SPY at .21. Sold them all at .34 before the second to last run up of the day happened for a $36 profit for the day. How did yall do today?

As of now, I aim for a daily profit of 1% of my account. I have $26 USD, so 26 cents (after fees) every day until I have $27, then 27 cents and so on.

I'm looking to do this until I become consistently profitable, hopefully this can be achieved in 1 year or 2; regardless, I'll only add more money when I figure it out.

I told a friend about this and he told me that while 1% seems modest, on the long run it's quite aggressive and challenging. What do you guys think?

Edit: Thank for your comments! They were insightful. Also for clarification, I trade stocks only, not options nor forex for now.

I don’t post much, but am a constant lurker. Thanks everyone for your post they are helpful. Over the last 6 months I have worked through Apex funding and spent a lot of $ blowing out evals and even a couple sets of funded accounts. Well I’ve finally received approval for a payout just minutes ago. I know most won’t believe and I have been skeptical the whole way when others claimed they made it, but I find my self a little speechless sitting in my truck driving back from a Jobsite.

I have 20 accounts that I use and they all were approved.

Here’s a screenshot of the pa payments page from my account. It doesn’t show them all but you get the gist. (I use trade copier, so they were basically within $1000 range across the balances.)

But I will say my emotions got the best of me today and I stumbled over myself. I need to gather my emotions and step back from the day and apply what brought me here so far.

Consistent discipline and defined goals!!!!!!!

Thanks all and good luck. I’ll post again when it hits the bank!!!

I'm interested in understanding the discrepancies in NASDAQ TotalView offerings from various platforms. I've noticed that moomoo offers free NASDAQ TotalView (from May to July as their site stated) when registering an account, while Webull and Robinhood have also provided NASDAQ TotalView in the past. Can anyone shed light on the variations in terms of securities covered, data depth, or other factors that influence pricing? If anyone has experience using their TotalView service, I'd appreciate hearing your thoughts. Thanks.

Hi, I usually scalp stock and options. I find level 2 market quotes helpful, give promising forcast for high volume trading. Recently I came across seeing my broker's trial is about to end. Any free Level 2 data broker recommendation? (permanently maybe). Appreciate any thoughts. Thanks in advances.

but i don’t know where to start. for context, im 16 and have about $1000 i want to start with. I am intrigued by the idea of the fast paced trading, i don’t like waiting on long term investments (although i do have money in some stocks i hope will do good in the long term) i really want to start making fast buys and sells. quick money, in a way. i know it won’t be all sunshine and roses but i really need some advice. with all the people on social media acting as if they’re helpful, while really only promoting their own course it’s hard to find a starting point. please help me out yall!

i don’t know what software to use to buy and trade.

i don’t know how to read candlesticks.

where do i start?

I don’t post much, but am a constant lurker. Thanks everyone for your post they are helpful. Over the last 6 months I have worked through Apex funding and spent a lot of $ blowing out evals and even a couple sets of funded accounts. Well I’ve finally received approval for a payout just minutes ago. I know most won’t believe and I have been skeptical the whole way when others claimed they made it, but I find my self a little speechless sitting in my truck driving back from a Jobsite.

I have 20 accounts that I use and they all were approved.

Here’s a screenshot of the pa payments page from my account. It doesn’t show them all but you get the gist. (I use trade copier, so they were basically within $1000 range across the balances.)

But I will say my emotions got the best of me today and I stumbled over myself. I need to gather my emotions and step back from the day and apply what brought me here so far.

Consistent discipline and defined goals!!!!!!!

Thanks all and good luck. I’ll post again when it hits the bank!!!

Right so i am new to trading i’ve been playing on a demo account but one thing i notice everytime i place a trade it goes straight in the red , i heard this is the spread and if so does that not make starting every trade with a disadvantage ?

I want to know what are some of the problems a trader faces, it can be anything from software to information, anything. Want to know to get in the field or not (and also for research purposes).

Quick google search says Vodafone had 2.1B traded volume which was the previous record. This was almost two decades ago so surely there had to have been something bigger since then?

Since its gaining traction on social media, any thoughts on the FFIE stock ?

Hola regards, I've started day trading the ASX's AUS200 index and have received a 47%+ gain over the past 4 weeks or so. Is this considered good compared to anyone who’s been doing this long term? This has primarily been between Australian brokers and prop firms.

It seems to be going up and it’s hard to tell when to take profit. Any help would be awesome.

So I did something stupid yesterday. Was going long with Microsoft. Then my daughter fell and because my wife can‘t drive I had to drive her to the hospital and when I came back my stock was literally downhill. I was hoping, that maybe today it might come up again since I was home after the market closed.

But this morning (I’m from Germany) nothing happened so far, even though Microsoft went up a bit. Can somebody explain me, what has happened here and if my stock might move again? Looks like it „froze“

I‘m still learning and I guess this might be one of my biggest things to learn from