Day trading
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Day In The Life Of A Millionaire 28 Year Old Day Trader In NYC
Craig Percoco· 2025-08-24 13:46
Trading Strategy & Analysis - The trader uses daily bias analysis to determine the market's overall direction (up or down) for the day, which helps in identifying smaller, high-probability trade opportunities [2] - The trader identifies trends, waits for breakouts, and targets fair value gaps, aiming for a 5x return on risk [10][12] - Risk management is crucial, with the trader typically risking $1,000 per trade, aiming for profits between $3,000 and $7,000 per trade [12] - The trader emphasizes following the market's flow rather than trying to predict it, adjusting positions based on market movements and signals [27][29] Trade Execution & Results - The trader locked in a profit of $3,766 on one trade, representing a 5.5% return on the risked capital [1][45] - The trader made a profit of $3,300 on trade number six of the day [67] - The trader ended the day with a 57% win rate across seven trades [80] - The total profit for the day was $5,530, primarily driven by two successful trades [81] Risk Management & Psychology - The trader emphasizes the importance of containing risk when wrong and letting winners run, rather than focusing on being right all the time [33][81] - The trader highlights that professional trading relies on understanding statistics and averages over time, rather than the outcome of individual trades [33]
X @The Motley Fool
The Motley Fool· 2025-08-21 20:50
Investment Strategies - Day trading can yield quick profits, exemplified by a $200 gain before lunch [1] - Long-term investing can generate substantial returns, such as $200,000 over a decade through passive holding [1] Risk and Return - Day trading involves active management and potentially higher risk for immediate gains [1] - Long-term investing emphasizes patience and minimal intervention for potentially significant, albeit delayed, returns [1]
Proficient Auto Logistics: Upgrading On Q2 Outperformance And Improved Outlook - Buy
Seeking Alpha· 2025-08-17 02:13
Group 1 - The focus has shifted towards offshore drilling, supply industry, and shipping, including tankers, containers, and dry bulk [1] - The fuel cell industry is being monitored as it is still in its early stages of development [1] Group 2 - The individual has extensive experience in auditing and trading, having navigated significant market events such as the dotcom bubble and the subprime crisis [2] - The research provided aims to maintain high quality despite language barriers [2]
Can I Hit My Daily $4,000 Profit Goal? #Trading
Craig Percoco· 2025-08-08 03:23
Trading Performance - The trader initially aimed for a daily profit goal of $4,000 [1] - The trader experienced two consecutive full losses early in the day [1] - After initial losses, the trader achieved a profit of $2,600 on a subsequent trade [1] - The trader executed a total of four trades throughout the day [2] - The trader aimed for a quick flip, targeting approximately two risk factors of profit on at least one trade [2] - By the end of the day, the trader fell $1 short of achieving $7,000 in profit, nearly doubling the initial daily profit goal [2] Personal Activities - The trader purchased $30 worth of socks and engaged in an afternoon workout while trades were in progress [2]
X @Investopedia
Investopedia· 2025-06-15 02:00
Risk Management - Margin trading significantly amplifies both potential profits and possible losses in day trading [1]