Trading Strategy & Analysis - The trader aims for over $8,000 profit by increasing risk per trade, utilizing technical analysis, trend direction, critical levels, and fair value gaps [3][6][7] - Risk management involves containing risk, letting winners run, reducing risk to break even, and taking profits along the way, targeting a 1 to 2 risk-reward ratio [8][13][14] - The trader uses a combination of trend analysis, fair value gaps, and Elliot wave analysis to identify high-probability trading areas [6][7][34][35] Trade Execution & Journaling - The trader documents live trading sessions on YouTube, providing insights into the trading team's strategies and mindset [2][1] - A trading journal is used to log information, track data, and monitor the step-by-step progression of each trading session [4] - The trader adjusts stop-loss orders and takes partial profits to manage risk and secure gains during volatile market conditions [13][15][43] Market Observation & Adaptation - Economic news and calendar events are monitored to anticipate market movements, but the trader focuses on intraday setups [5] - The trader emphasizes the importance of adapting to market volatility and avoiding psychological biases, sticking to a pre-defined trading plan [24][25][30] - The trader acknowledges that losses are part of trading and focuses on maintaining a high win rate and maximizing profits on winning trades [24][25][89] Performance & Goal - The trader aims to achieve a daily profit goal, adjusting risk and strategy based on market conditions and trade outcomes [3][38][65] - The trader achieved approximately $11,000 in profit, with a 55% win rate, demonstrating the potential of the strategy despite frequent losses [89][90] - The trader reviews and analyzes trading data to identify areas for improvement and refine the trading strategy [77][90]

Regulatory Landscape - Major broker-dealers, including Fidelity and Robinhood, are advocating for FINRA to ease day trading regulations [1] - The proposed changes include relaxing the $25,000 minimum requirement for margin accounts [1]

Trading Strategy & Focus - The trader focuses exclusively on Solana (SOL) for day trading due to its favorable price action [1] - The trader and their team concentrate on trading only two pairs to maximize profitability [1] - The trader emphasizes the importance of in-depth study and familiarity with specific assets before trading them routinely [1] Performance & Profitability - The trader reports generating approximately $6-7 thousand per day through around six trades on Solana [1] - The trader highlights the importance of measurable and repeatable strategies for consistent profitability [1] Risk & Difficulty - The report acknowledges that day trading is inherently difficult [1][2] - Success in day trading requires skill in identifying entry and exit points [2]