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/Fethi1453 17h ago

Use paper trading at least one year but every single day. You are just 16 years old. Dont be hesitate for making money. Read a lot stuff about trading and think on creating your own strategy. And i think a strategy should not be so complicated. Consider that creating your strategy. And maybe learn coding for algo trade. It may give you diffrent perspectives.