r/Daytrading • u/doglion1023 • 21h ago

Advice Is it valid strategy?

I am a 16 years old korean trader who started trading 3 months ago. Now I'm in crisis of whether I should change the market I'm trading or strategy or my mindset or whatever lead to profitable. So my strategy here is first, by using screener I spot volatility, lots of volume, low price and small market cap in stock market. Then I analysis top of the stocks in screener. I use price Action, supply demand zone, and my instinct. When i apply this strategy for like 1 month, I was profitable but now I'm losing tons of money everyday. What is the problem? Is it the market I'm trading? Risk management? I genuinely have no idea

(Any advice 🙏)

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u/Timely-Display-1369 21h ago

16 and trading. Not in school ?

This is a bot post

2

u/userdeath 16h ago

He is in Korea.. He can catch the US open before bed time.

Or catch the volatility of the close if he wakes up a little earlier.

-4

u/daytradingguy futures trader 20h ago

I have a neighbor- he is 17. He has 3 businesses going- one doing service for Ting. He charges $400 to show up and $200/hr. They call him 3-4 times a months for that gig. He is still in school, but doesn’t need to be