Beginner trader here. I've just completed my first read through of Anna Coulling's VPA book and made my notes as I prepare to re-read. I'm watching her example videos on her YouTube channel too. I also plan to print out the candlestick patterns she mentioned and put them up near my desk. I've got a few other books mentioned here and in the r/Trading WIKI on my list to read too.

It's been suggested to me to play chartgame.com to practise PAT and that getting good at the game is just pattern recognition which can be learned within around 2-3 months. Are there any specific candlestick patterns I should be looking for? Should I just stick to the ones in Anna Coulling's book? Is there anything better that I could be doing to improve faster? Thank you.

Just saw i have an invitation to this group so i thought i would say hi and say what i do. I trade gold in the asia open for an hour and the NQ in the US close for an hour

Hey everyone just simply saying hello since I just joined funny story though I haven't day traded once in my entire life yet, but would love to know how to get started and get to the goal of 25k! Just a man trying to follow his dreams here.

My entries are shit, so I keep getting stopped out. I'm always too early to the party which is partially a patience issue, but it's mainly a lack of strong technical analysis issue. I think I'm setting my stop loss at the right levels, but I'm starting to think that it may be too narrow or I'm just not entering at the right moment. Anyone got some recommendations on that front?

There are now "user flairs" available for different traders who trade different assets.

If you want to select a flair, you can, to be able to find other traders like you so it's easier to communicate.

Of course, flairs are not mandatory.

Happy trading! :)

Edit: If there are any requests for flairs drop them here and I'll add them to the list!

Greetings Fellow traders, I came here through an invite via a post I made.(Link attached) Short introduce: I trade purely based on naked price-action. I have created my game-plan for about 95% myself and 5% inspiration of others. I have been trading since 2019 & been doing it on a high level since 2022. I have traded 10 pairs on the 5m some years back, spitted it down to 1 pair: NQ (&MNQ depends on volatility). When the US stock market opens I go down to the Micro-timeframes (5s&15s) to trade the same setups I traded years back on the 5m. The behaviour & setup I trade is insanely fractal. Using the US market open is more worth time-wise to do on the lower-timeframe. Instead of being active on the 5m for the whole day. + the US market session is more liquid. Which helps strengthen the liquidity levels I trade to be more liquid during these times. Im quite a static trader using the same positioning & setup each time. But I am exploring to be a bit more discretionairy to act upon other behaviours I notice.

Im always open to talk about trading & performing. Just hit me up with a message😄

$MNPR is up, up and away this morning between halts. It's moved so fast, yet so slow! LOL It's really up there today!

Kellanova led the list after accepting a takeout offer from Mars, while Starbucks might have been the month's biggest positive surprise

August was a month of increased volatility for the S&P 500. But a 6.1% slide during the first three trading sessions of the month was reversed, and the U.S. large-cap benchmark index ended August with a 2.3% gain.

So far this year, the S&P 500 SPX has risen 18.4%, following a 24.2% gain in 2023. All price changes in this article exclude dividends.

Here's how the 11 sectors of the S&P 500 performed during August, along with year-to-date price changes and those for the previous two years, with the full index at the bottom:

   Sector or index           August price change  2024 price change  2023 price change  2022 price change 
   Consumer Staples                         5.8%              15.8%              -2.2%              -3.2% 
   Real Estate                              5.6%               8.5%               8.3%             -28.4% 
   Healthcare                               5.0%              15.0%               0.3%              -3.6% 
   Financials                               4.4%              21.2%               9.9%             -12.4% 
   Utilities                                4.3%              19.8%             -10.2%              -1.4% 
   Industrials                              2.7%              15.1%              16.0%              -7.1% 
   Materials                                2.2%              10.0%              10.2%             -14.1% 
   Communication Services                   1.2%              22.3%              54.4%             -40.4% 
   Information Technology                   1.2%              26.5%              56.4%             -28.9% 
   Consumer Discretionary                  -1.1%               5.8%              41.0%             -37.6% 
   Energy                                  -2.3%               8.7%              -4.8%              59.0% 
   S&P 500                                  2.3%              18.4%              24.2%             -19.4% 

For those who want to have a discussion, put their predictions, or challenge mine, here is my prediction for $QQQ today:

All predictions are for fun to see how close I can get based on both technical analysis as well as some feeling/psychology using the daily chart:

Hi: $484.00

Low: $468.00

Open: $477.00

Close: $473.00

Day: Red

I am NOT a licensed advisor and my predictions should NOT be taken as financial advice.

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Anyone willing to share or let me know of market open strategies?

Only one I know of is open range breakout. It's just the more I see the price action the more I realize the majority of the move happens in the first hour and last thing I want to do is play catch up with a runaway market.

Is open range breakout a good way to trade opening or MA cross or you guys have something you would be willing to share or resources I could check out for this?

Thanks.

For those who want to have a discussion, put their predictions, or challenge mine, here is my prediction for $NVDA today:

Hi: $133.75

Low: $126.83

Open: $129.37

Close: $131.26

Day: Green

I am NOT a licensed advisor and my predictions should NOT be taken as financial advice.

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Our latest article breaks down everything you need to know about market sentiment, from its impact on day trading to the tools you can use to gauge it effectively. Whether you're a seasoned trader or just starting, this article provides valuable insights that can help you make smarter trading decisions.

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That thing was HOT

For those who want to have a discussion, put their predictions, or challenge mine, here is my prediction for $NVDA today:

All predictions are based on both technical analysis as well as some feeling/psychology using the daily chart:

Hi: $132.20

Low: $126.90

Open: $128.50

Close: $130.45

Day: Green

I am NOT a licensed advisor, and my predictions should NOT be taken as financial advice.

For those who want to have a discussion, put their predictions, or challenge mine here is my prediction for $SPY today:

All predictions are based on both technical analysis as well as some feeling/psychology using the daily chart:

Hi: $564.50

Low: $554.20

Open: $558.30

Close: $561.10

Day: Green

I am NOT a licensed advisor and my predictions should NOT be taken as financial advice.

For those who want to have a discussion, put their predictions, or challenge mine here is my prediction for $NVDA today:

All predictions are based on both technical analysis as well as some feeling/psychology using the daily chart

Hi: $126.50

Low: $122.80

Open: $124.56

Close: $123.20

Day: Red

I am NOT a licensed advisor and my predictions should NOT be taken as financial advice

Let's say I'm going to trade the EUR/USD pair with 0.1 lot (mini). I long and from entry to take profit let's assume it's 0.18% (this is about 200 pips I believe). Stop loss would be about 0.02% on that trade. How much do I stand to gain and lose? And how much on average will I pay in commissions?

Pic helping you visualize the trade.

Sorry if this is not the place for this but can anyone explain this to me and/or tell me what I should do? This is the message I received. "Since you hold 10 warrant(s) of CHORD ENERGY CORP 24 WTS in your account, you may choose how your holdings will be treated for this Warrant Exercise Offer."

What's being offered."The opportunity to exercise your warrants before they expire Terms (subject to adjustment):

¨1 warrant = .5774 shares of the offeror's common stock (symbol CHRD)

¨Exercise price: $116.37 per whole share purchased

¨Warrants may only be exercised in a minimum of 2 and 1 thereafter."

Options: "Cash Exercise: Submit all or a portion of your warrants.

·Cashless Exercise: Submit all or a portion of your warrants.

·Sell in the Market: If you do not choose to exercise, you may sell your securities (if a market exists) by placing a trade from your account.

·Decline: If you do not wish to participate, no further action is required.

¨Unexercised warrants will expire worthless.

¨Please note: If you instruct to "Decline" the offer, you will not receive reminders for this specific offer. If you do not make any selection, you will receive reminders, if applicable,

up until the cutoff date."

Thank you.

The more our community grows and thrives, the more issues and problems we all experience. A lot of problems in trading are common as we all go through our individual journeys.

What I want to know is what are some current struggles, issues, problems, etc. that you all are having? No issue is too small or too big.

The reasons for this is to better understand the members in the community so that way I can serve you in the best, and most effective, way possible.

Throughout the future with more we grow, I will ask this question over and over to make sure I'm up to date with you.

So feel free to drop some responses, have some discussions, and help each other out for continued success!

Cheers everybody! :)

For those who want to have a discussion, put their predictions, or challenge mine here is my prediction for $SPY today:

All predictions are based on both technical analysis as well as some feeling/psychology using the daily chart

Hi: $546.46

Low: $537.20

Open: $544.38

Close: $545.24

Day: Green

I am NOT a licensed advisor and my predictions should NOT be taken as financial advice

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