re: Any day traders out there?

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I paper traded for almost 18 months. I studied trends for 2 years.

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If you had studied market tendencies for even 1 day, you would have noticed that an individual stock bought with no stop loss will sometimes stay below your entry for years, or even go to zero. This basic fact alone makes your strategy a non starter. You can hit your 2% goal 10 times, but if your 11th attempt fails you just obliterated your account.

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Again, nothing stopping anyone on here from proving me wrong.

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We have, but you refuse to make the effort to comprehend what we are saying.

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The number 1 Top Gainer today was a penny stock.

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99.9% of which go to zero.

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If you'd bought it at 0800 it would've sold for a 2% profit at 0805.

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That's great. If you'd bought it 90 minutes later you'd be down 50% on your life savings right now.

0930 was the top on this one. Next time it could be 0800. Yes, momentum and volatility will usually give you your 2%. Let's say that's 90% of the time. The problem is you have no plan for the 10% of the time when you bought the top.

If you are hellbent on buying the top gainer every morning, using a simple 2% trailing stop would at least improve your strategy from disaster to somewhere around breakeven.

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Citadel and Melvin Capital

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Not what I'm talking about. Study the successful traders. One commonality is big winners, small losers.

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I've lain out my strategy, but I don't see anyone volunteering their own.

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Maybe I will when I have time. What I will say is that most people do not have the capacity to extract a consistent profit trading the markets. The 1% who do spent years studying (and losing) before they made it.

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If a stock falls after you buy it and never goes up 1%, which is unlikely, hold it until it does. Even if it takes a month. NEVER sell for a loss, I mean, unless you're a pussy.

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At first I thought this was a troll post. Then I realized that you were being serious. Well, some people enjoy

All I do is day trade

Our country is dead so I’m trying to steal a little copper in the mudslide

Anyway what sucks most is when you’re up like 30 bucks for a second then down like 300 when you try to press sell. Hoping Putin saves us soon

I am retired and day trade the futures markets. The Indexes, Gold, Crude Oil, Soybeans and such. I mostly trade the Nasdaq and S&P. The markets are open from Sunday evening until Friday afternoon. There are micro contracts that you can trade without losing your shirt.

It will take some research and practice to get profitable, if ever.

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I've stated my strategy and challenged anyone here to try it.

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I'll pass. And secondly, folks who trade like this aren't trading with size.

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Put your life savings and every dollar you have plus any loans you can take out plus cash advances on all your credit cards into a mostly free trading platform like Webull or Robinhood.

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Go all in on every trade on one stock. When it goes up 1%, sell it all. If a stock falls after you buy it and never goes up 1%, which is unlikely, hold it until it does. Even if it takes a month. NEVER sell for a loss, I mean, unless you're a pussy.
There are 250 trading days in a year. The most you can make with this method is 250% of your initial investment.

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Again, nothing stopping anyone on here from proving me wrong.

We have, but you refuse to make the effort to comprehend what we are saying.

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Saying and doing are TOTALLY different things.
Words don't prove anything. It's just conjecture. I understand everything you're saying. And I'm just telling you what I do works.

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The number 1 Top Gainer today was a penny stock.

99.9% of which go to zero.

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Not accurate. But I don't really care what happens to the stock once I scalp my profit. And I rarely buy anything that's less than $1.50/share, and Yes I realize that's a penny stock.

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If you'd bought it at 0800 it would've sold for a 2% profit at 0805.

That's great. If you'd bought it 90 minutes later you'd be down 50% on your life savings right now.

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Right. Buying is time sensitive. I realize that. But countering a statement like "Buy at 0800" with "Yeah, but of you'd bought at 0930 you'd be down" isn't proof of anything. I didn't say buy at 0930. I said buy at 0800. At 0930, the upward movement on these daily gainers is typically over. I realize that. I've trended that. I've worked that into my buying/selling strategy.
They almost always get a boost on the open because volume increases violently on the open because people jump in to try and scalp. It doesn't matter if you understand this or not. It happens. You can take your theoretical, hypothetical analytics and save them. Of course if you change the parameters of a strategy, the outcome will change. What a stupid comment.

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You can hit your 2% goal 10 times, but if your 11th attempt fails you just obliterated your account.

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You can also trade 26 trades in a row and be up close to 60% too. I've done it.

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I didn't say buy at 0930. I said buy at 0800.

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Your entire strategy is based on the assumption that the top premarket gainer can be bought at 0800 and it is impossible for it to fade and never hit your 2% sell point.

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What a stupid comment.

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Couldn't have said it better.

Gideon did you make 1-2% on RDHL ? I was able to follow your strategy and made about 15% on it. I’m trying it out lol day 1 in the books. Thank you sir !

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Update us on your travel plans out I'm bullish on America... wait then buy this mega dip

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Yeah

I should leave

I’m not a drag queen story hour supporting Ukraine sign in my yarding real American like you

Earning season guys...time to make $$$...shorted NFLX early, small position 100 shares but traditionaly a good bit of shorts prior to release..big mistake as they got pushed out.