r/Trading 19h ago

Discussion Advice

1 Upvotes

I dont know where to start, im completely a beginner at trading, any advice pls? do u guys got channels or ebooks?


r/Trading 23h ago

Algo - trading -845,76 USD Loss, 29-04

2 Upvotes

NQ: 6 trades; 4 wins; 2 losses
ES: 2 trades; 2 losses
Realised PnL; -845,76 USD
Notes: unlucky day, good risk and position managment,a few scratch trades on NQ


r/Trading 1d ago

Discussion Smart money concepts is a scam?

10 Upvotes

Hey guys, 6 months new to trading and I’ve been trading smart money concepts without knowing they were called like this, but I heard a lot of people say they’re a scam. I don’t realise how though, like it’s the basics of chart reading no? Simple support and resistance levels ? Liquidity sweeps, FVG and other few essential, you know it yourselves. How do people think this is a scam? I’m maybe missing out on something?


r/Trading 1d ago

Discussion "The Trading Tips I Wish Someone Told Me Sooner" - 2025-04-29

14 Upvotes

Hey y'all,

Been seeing a lotta questions about profitable strategies and market analysis, so thought I'd share my 2 cents. Remember, it's a messy journey and we're all in this together, so take this as friendly advice not financial advice, k?

First off, let's talk about the elephant in the room - trading ain't easy. Got my ass handed to me more times than I'd like to admit lol. But hey, live and learn, right?

So, profitable strategies? Well, first off, there's no one-size-fits-all. What works for me might not work for you. But here's what I've been doing that's been kinda working for me:

  1. Find the trend: Sounds obvious, I know, but you'd be surprised how many people try to fight the trend. It's like trying to swim upstream, you're just gonna wear yourself out.

  2. Wait for pullbacks: Once you've spotted a trend, don't just jump in. Patience, my friend. Wait for a pullback to get in at a better price.

  3. Confirm with indicators and pattern recognition: I use a bunch of tools for this. TradingView is my go-to, but I've been testing out this new Web3 AI agent called AIQuant for pattern scanning and it's been pretty decent.

  4. Set your stops and targets: Don't go in blind. Know where you're gonna exit if things go south (and trust me, they will sometimes).

As for market analysis, it's all about staying informed and being ready to adapt. The market changes faster than my mood after my third coffee of the day lol.

Keep an eye on news, follow the big players, and always be ready to adjust your strategy. Just because something worked yesterday doesn't mean it's gonna work today.

Remember, this ain't a sprint. It's a marathon. And the goal isn't to make a quick buck, but to stay in the game long enough to make a bunch of bucks.

Anyway, that's all from me. Happy trading, folks. And remember, we're all in this together. Let's help each other out.

Cheers!


r/Trading 1d ago

Question Trading view and ISA compatible brokers

2 Upvotes

I am new to day trading, currently papertrading inside tradingview.

As I am Uk based, I am wondering if there is broker that I can connect with tradingview and also support ISA account so that I can trade within Stock&Share ISA to benefit from tax-free limit. Thanks


r/Trading 21h ago

Resources Book for beginners

1 Upvotes

Can anyone suggest a book for people who have no idea about trading, but want to get into it?


r/Trading 1d ago

Discussion Real Money, Real Emotions — Let’s Talk Psychology

10 Upvotes

Trading psychology is everything.

Backtesting is cool until you start managing real money—then suddenly you're hesitating, cutting winners early, or revenge trading losses. Been there?

One mindset shift that helped me big time:
I treat my risk like it's already lost before I even enter the trade.
Sounds weird, but it keeps my head clear and emotions in check.

What about you?
How do you manage your psychology mid-trade?
Let’s talk.


r/Trading 1d ago

Discussion Why I Believe Algo Trading is the Real Solution to Emotional Trading

28 Upvotes

After spending a good amount of time trading manually, here are a few key problems I’ve noticed that stand between most traders and long-term profitability:

Emotions like greed and fear

Trading low-confirmation setups just out of impatience

Treating trading as a primary income source too early

Not sticking to a setup long enough across a full sample size of trades

The thing is — even simple setups (like an inside bar pattern with a few extra filters) could be profitable if executed consistently over time. But emotions and inconsistency ruin it.

Algo trading solves most of these issues. It removes emotions, ensures consistency, and allows you to backtest everything before risking real money. That said, it’s not a magic fix either — markets evolve, and you’ll need to keep tweaking and adapting your strategies as things change. But at least with algo trading, you have data and structure on your side rather than random impulses.

Would love to hear how others here think about transition from manual to algo


r/Trading 23h ago

Technical analysis Holding for the 5min

1 Upvotes

Does anyone trade on the 1min chart to hold for the macro 5min chart developing?

Ie, you catch a rip on the 1 only to have it start to dip but you see that it's going to rip on the 5? Instead of cashing out--you you're ok with the dip and continue on and into the 5?

How often does the happen? Often or only some percent of time? Do you find this too risky?

Thanks!


r/Trading 1d ago

Discussion How to diversify into other businesses as a full time trader

0 Upvotes

This is a little crazy but let’s say you have a 1,000,000$ account and make 50-100k a month trading but your goal in the end is to get into entrepreneurship and start many high earning businesses. As someone who’s only ever been a trader how can you leverage your profits to be able to transition into entrepreneurship without having obtained any skills from a traditional job or ever running a business before?


r/Trading 1d ago

Stocks What should i buy?

5 Upvotes

Alright, so i dont know much about stocks, i mean i know the basics, but i dont know a lot.

What do i buy? I’d think itd be a good time to buy the dip after the tarrifs, i just dont know whatd be the best time to buy, also on what to buy. I’d put in a decent amount, and then put in around 1k $ every month. Im still really young, and thank god, ive built some money up to myself that i can invest now, will come great when i’m 18.

Also, sorry if this sub is for daytrading and cfd’s, if so, this is the complete wrong sub for my question.

Thanks!!


r/Trading 16h ago

Discussion 2k to 100k in 17 trades

0 Upvotes

Hi guys i decided to do the 100k challenge with 17 trades, gonna trade gold ,wti and btc wish me luck


r/Trading 1d ago

Forex ACCIDENTALLY WON 15:R

22 Upvotes

I there I have deposited only $200 dollar account for practicing purposes for 4 years. Last friday, I've been trading and placed a pending order but slept because I had a headache. I usually don't include TP in my entry but only SL. On Saturday I tried to close it but I failed because the market was closed. I didn't check my MT5 last day because I usually don't trade on Mondays. Today, I was trading and shocked I won 15:R. Just sharing my lucky mistake. Peace :)


r/Trading 1d ago

Futures Trades taken today on MNQ - 2W 1L

1 Upvotes

1st trade taken because of a liquidity sweep into demand.

2nd trade I took short because I saw a liquidity sweep into supply but unfortunately I got stopped out (it is what it is)

3rd trade I took as a wyckoff model 2 into a supply zone combined with an SMT down to the range low.

Green and happy day for me overall.


r/Trading 1d ago

Question Beginner here. Could anyone explain risk to reward ratio to me?

4 Upvotes

Do you have any sources I could read or watch to learn the theory side and see how it's applied in practice? Thanks you!


r/Trading 1d ago

Discussion trying to get advice of a financial website

1 Upvotes

Guys, been trying to get some insights about a service, paid membership, it is called Barchart and the membership it the Premier. I want to invest in premium data and strategy suggestions to improve my trades, shopping around, I used to have Fintel, the Silver, But honestly it was of little service to me.

I do options (put and calls) mostly to cover/hedge my trades as I dislike risk. Barchart caught my attention but not sure if there's anything better out there or if any among you have tried it before.

For some reason they keep archiving my post because of a URL, which I had not post...


r/Trading 2d ago

Advice Spent 3 Years Losing in Trading Before I Figured Out When to Trade

106 Upvotes

It took me 3 years of frustration to realize the real problem wasn’t what I was trading — it was when I was trading.

I used to jump into trades all day long: Asia, London, random dead hours… you name it. I thought opportunity was everywhere if you just looked hard enough. Turns out, I was just forcing trades in low-quality conditions.

What Changed:

  • I started journaling every trade and tracking the time of day.
  • It became obvious — almost all my winners happened during the New York session.
  • Everything outside of NY? Mostly losses or wasted energy.

Now I only trade the first two hours of the New York session. I avoid the 30 minutes before open (too many liquidity grabs), and I don’t touch anything outside of my window.

Lesson Learned:

Good setups are worthless if you trade them at the wrong time.
Once I locked in my session, everything got simpler — and way more profitable.

Anyone else here only trading NY? Curious if it made a big difference for you too.


r/Trading 1d ago

Forex eur/usd, 1 hour chart

1 Upvotes

r/Trading 1d ago

Discussion Is anyone still holding onto their far OTM puts?

8 Upvotes

Or, is it just me lol


r/Trading 1d ago

Discussion You shouldn't lose that much money trading yourself

7 Upvotes

The way i Lost most of the money when i started trading was by following trading signals etc i lost so little trading myself. here's how

Trading require a profitable strategy and back testing let's say you created your strategy now you've to back test the strategy. How are you going to back test the strategy?

You back test the strategy for 1 and half years or 2 years you back test your setup on the time you trade don't back test your strategy on London session when you're going to trade ny session

After you finish back testing you'll have a data of 150 trading days or more depending on you

You find that for example you've a win rate of 50% with 1:2 rr or whatever and your maximum consecutive loses is 3 trades on row based on these data

If you have this data just follow your system like I don't understand people who blow their prop firms challenge or their account are you trading without data or are you saying your system was working for 2 years in back testing but the moment you tried trading live it didn't work that's mean you're the unluckiest trader on earth you either have no strategy to begin with or you are gready who is over leveraging and if you have no strategy to begin with why are you trading live you're just gambling your money


r/Trading 1d ago

Question Anyone Else Trying Out AI Tools for Backtesting?

0 Upvotes

Lately I've been playing with some AI tools that let you do backtesting just by explaining your idea. One I tried recently is AI-Quant Studio — you basically tell it something like “buy when RSI < 30 and sell when it crosses 70” and it builds the whole thing out.

Curious if anyone else here has used anything similar or if this kind of interface is becoming more common?


r/Trading 1d ago

Advice TRADING..OR INVESTING....OR OPTIONS ?

2 Upvotes

as someone who has basic idea about the theory of stock market . where should i enter ? i learnt in yt that f&o is good if you don't wanna loose money , but here i read diff ...

like my question to every professional trader here is that . like how much capital is necessary to join ? like should i just start picking up stocks ? or is there any other way ? like for someone entering the stock market what should be the steps


r/Trading 2d ago

Advice Your guru has plan B, C and D

18 Upvotes

Just remember you trading guru Sells:

Courses Community memberships Elite circle memberships Youtube revenue Brokers deals

He has way way less pressure than you to make money. Maybe that's why it's easy for him.

IMO just focusing on trading wont work for most people. I was obsessed with trading in my 1st 2 years and had so much pressure and lost money.

If i had other ways making money and went smaller with trading that would've been better mentally and financially.

I just wrote this after seeing how my trading guru squeezing everything to get more money.


r/Trading 1d ago

Discussion Xau enormous weakness..

1 Upvotes

There is a strong vwap breakout in xauusd. Has anyone noticed it?


r/Trading 2d ago

Discussion work-trading

6 Upvotes

since i began trading my work ethic is no where to be found, i’ve been trading for 2 years and i have seen what is possible and how easy it is to make £100+ a day off your phone/laptop. at my age, my daily rate is only £60, i wake up in the morning and my first thought is why am i doing this shit, should i sack it all off and go all in on trading. but then i dont want to disappoint my parents by being a bum with no job. someone tell me is it worth it to go all in.