Hey fellow traders, I'm reaching out to find an accountability partner to navigate this journey together. I've been trading for several years, and while I've had my moments of success, I now realize my strategy was quite blind and ill-prepared. Currently, I have the luxury to focus full-time on trading, but it's a challenge to pace myself instead of diving in headfirst, which I know will lead to losses. I have enjoyed listening to Tyler's podcast while I am at the gym and admire the fact that he is able to practice without real money. However, that's not something I can consistently do. For about a month, I've been trading every morning but try to stop early to focus on studying and refining my approach. My goal is to develop a mixed strategy: starting with momentum day trading and, when the volume slows for the day, shifting to swing trading with a focus on options (which I am currently clueless about but see their potential). One of my biggest struggles is turning big green days into bigger red days due to carelessness. I've also fallen into the habit of averaging down when trades go against me, which adds stress even when it works out. For example, this week I had daily goals of $100, which going into today I achieved 3 out of 4 days. But on Wednesday, I lost $2,700 by being beyond reckless. That day I was up $600, thrilled, but took a quick loss that cut it in half. I chased it, ended up down $1,000, and chased a different stock until I was down $2,700 for the day. Going into today, I needed $1,942 to break even for the week—a huge longshot—but I found a situation I believed in, went all-in, and was up over $2k! I really should have stopped, but ended the day only up $402 due to a series of poor decisions on a stock that resulted in a $1,871 loss. Now, I'm down $1,540 for the week, which is frustrating, but could be worse. Next week, my goal is $200/day from day trading, but I'm aware that my losses may overshadow my gains if I'm not much more careful. (Sorry for rant but wanted to decompress in hopes the shame will help me to learn from my clear mistakes.)

Hi guys, I just wanted to highlight something that most new traders experience and that I think is very important to be aware of when starting out. There's just so much noise in the trading space and so many people trying to profit from the fact that beginners have few places to go for objective, neutral information on how to trade. Youtube and social media can be a great resource, but as with everything else it's crucial to be able to discern correct and relevant information as opposed to schemes, frauds and scams. Trading is actually pretty extreme in this regard as it a) attracts clueless people looking for easy money and fast solutions b) has a very high learning curve c) is not taught at any official schools or institutions d) involves a lot of money This means that the space is absolutely ripe with people trying to profit not so much from actual trading as from aspiring traders. Most, if not all, youtube gurus and "pros" get their primary income from ad revenue, courses, and pump and dump deals with various platforms. Many of them have been caught faking trades and livestreams, hiding their real data, and so on. And why wouldn't they? They are marketers, not traders. You as a beginner are their target for easy gains. They make trading look easy and repost the same technical analysis stuff over and over again, "teaching" you candlesticks and patterns and indicators that supposedly will make you a pro as well and make you $10k a day, overwhelming you with awesome "data" that is 99% clickbait. Most real pro traders don't have youtube accounts or sell courses. They make their living from trading and have no incentive to share their strategies and hacks with the general public. Do you really think they would spend their precious time making flashy videos all day long, exposing their edge and wasting time, when they could be trading? Now I'm not saying there aren't some legitimate information out there, but I'd be very careful with spending too much time, or any money at all, on "pros" or gurus. There are no easy ways to succeed in trading - if there were, everyone would be a billionaire.

Hey I’m Nathan. Been trading for 5 years. Never took it serious and made a huge loss recently(-4000). Looking to better minimize my losses, learn better strategies, and what type of investments y’all are looking at.

I put on my first paper trade and wanted to share the analysis with the group. I have outlined the analysis in a video you can watch here in the Trading Strategy Course under The Great Mattsby section. I will link the video to this post as well. In the video I explain the analysis behind the trade. I entered PLTR at 36.84 and exited at $40.35 a few days later. A couple considerations about this trade: - This is not a day trading strategy as mentioned previously. However understanding market symmetry seems like a great skill to acquire and that is what this strategy entails. - I am a beginner, therefore this is NOT going to be great analysis. I'm still very much learning how to use various indicators and tools for this strategy. My analysis could certainly be wrong and not precise. - I exited the trade without clear indications that the stock was not going to continue to go higher. With this strategy selling at resistance is important, however I may have exited too early. - This is not financial advice. I would encourage you to take action and actually make some paper trades if you haven't. Making trades like this and trying to explain the analysis and thoughts behind the trade has been very helpful in my overall understanding. You obviously don't need to post videos to the group about your trades (you can if you wish), however you might find sharing / discussing your trades to be helpful. It's so easy to watch other people analyze and trade stocks. They make it look so easy. But like anything you need to practice and fail to get better. So would encourage you to start making some paper trades and share them with the group if you wish. * I hope to create a module specifically about Gann Theory in the near future and will add it to the Technical Analysis Course*

Hello everybody ☀️My name is Kira. I am currently living in Portugal where I enjoy the sun, beach and delicious food and I work remotely from home. I have just joined this community and am super happy to find a place where I can learn about trading. Actually it’s because I’ve started trading futures 10 days ago because of a friend who has been doing it. It’s exciting and I was thinking…. I don’t just want to follow signals of other people, I want to understand all that is behind those decisions 😁🫣 For me this means that I have to start with the basics, just like Tyler did. My plan is to take enough time to learn things before I become a real (great) trader. 2 years seems long but I’m sure they will fly by quickly ! And I think I found the right path with this course and all of you👍🏼 Have a great weekend 😘 Anybody else starting this week? Knowing nothing about trading? 😵‍💫🤣