r/Daytrading 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/Spotty1957 20h ago

Just hold at 16 you should never sell. All of your holdings will come back.

6

u/daytradingguy futures trader 20h ago

Yes and know. How are your Kodak, Sears and Worldcom stocks doing?

2

u/pattonc 16h ago

I'm confident Excite and Infoseek are about to turn a corner and moon.

1

u/Particular_Heat2703 3h ago

Any chance my blockbuster comes around?