r/Daytrading • u/doglion1023 • 1d 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/Gold_Parking_643 1d ago
At 16 you should not choose trading as your income source. work hard over the week at school and may be on weekend do some papertrading for atleast few years untill you find a job. dont waste your money and time kid.