Day trading

Hey guys..

Couple of questions.. A lots of guys on Yt are doin day trading and all of them are some kind of a fucking gurus..

I find this forum relatively reliable, I mean, I invested in stuff I'm learning here, so yeah, i think you guys are genuine..

Anyway, do you guys have success with day trading?? Like, do you maintain ≈5% in the green (daily)..

Ricky Gutierrez looks kinda okay, but again.. $300 corse.. So probably just fishing with nice cars, MacBooks and money xD

I read some thread about this and few guys are telling that they are earning by day trading, yet others say that it's fixed and that only big boys earn in long term..

I don't know, I don't expect millions, but it should be realistic to do it as a hobby and make it side income (ofc, take it seriously and research, learn and play with demo acc for 2-3 months).. I would start with $100-200 next year, that's amount which will be okay if I lose it.. . (I understand that the profit would be $2-3/day, but that's the beginning) Is it learnable, or it's just a gamling??

If you have experience, could you guide me (and others reading) on where to learn from??

Thanks,
With respect

Search for Quickfingers Luc on YT and start watching from the beginning. This guy is a genius dear.

Neon said:

Search for Quickfingers Luc on YT and start watching from the beginning. This guy is a genius dear.

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I second this wholeheartedly.

Neon said:

Search for Quickfingers Luc on YT and start watching from the beginning. This guy is a genius dear.

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Damn, guy has like/dislike = 1000/10 xD And the comment section is full with people all the time.. I'll watch it, thanks a lot!!

There is one Ukrainian/Russian lady, I saw her channel before, but can't find it again.. She's also into trading and has a lot of good material, and she doesn't sell corses.. If I find the channel, will post it here (If mods don't mind that).. It's also small size channel, but engagement is crazy..

bmanfacts said:

I second this wholeheartedly.

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Sorry mate, but I don't quite understand what you said..

the problem is always. When get out.

deBling said:

the problem is always. When get out.

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I'm 21 years old, my parents have 2 businesses which are in red at the moment, cause they didn't get out in time.. Now they play in red, barely touching "brake even" at the end of a year..

So, that experience thought me to get out before the lose becomes bigger..
I don't mind playing it Conservative, if it pays off..

Just swing trade 4hours and daily charts. Much better for your health and profits.

Trust me day trading seems to be cool and you think you will make a lot of money, but lower timeframes are a pain in the ass and you will end up stressed as shit.

Technical analysis are much more reliable in higher timeframes, you will have less trades and more winners.

In trading less is more, it may sound counter intuitive but it is. The less you trade the more money you will make, so focus on learning technical analysis and implement on 4 hours and daily charts.

If you can manage 5% daily(compound) in green, you will be in two comma club in less than one year with only $200 USD. am i right @mickyfu?

Study TA. There several good TA traders on YT. Chart guys and Node investor give away great info for free. Their courses are dirt cheap if you want to go that route.

Thank you for this info

I tried daily trading last year. It was so frustrating. I couldn't live such a lifestyle, I think only a few people in this field manage to get successful and not to go crazy.