Edge & Doubt · Day Trading for Beginners

Edge & Doubt

New here and to trading, I’ve been paper trading for about a month now, learning as much as I can. I find taking paper trading seriously helps me get used to the emotional roller coaster of trading…caring about not losing, or being right, or limiting your losses is difficult when you pretend the paper money is real money.

I’ve realized that you need to

A. Act like it’s real money so you care about losing…then

B. Learn how to not care about it after which I can learn

C. Not to care about real money.

It’s confusing, but it makes sense, I think. once I’ve learned how to trade which patterns with which indicators, not caring about the money and trusting the process is what’s important, from what I understand.

My issue is I don’t know whether I understand what i’m following. I’m using RSI, Price Action, volume, MACD and tracking levels, but I always seem to be a behind. Does anyone else have this issue? I think it might be common , but when you’re alone doing this, you start to doubt yourself.

I partially feel like I’m trying to apply something to nothing, to avoid missing out. I haven’t been able to consistently be successful, but I feel like it might be not the process but what I’m trading— all of this causes a bit of doubt.

Also, anyone able to determine their edge yet?

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