Join The Education/Private Team: https://bit.ly/3KLMRLA Watch My Beginner Trading Masterclass: https://bit.ly/4j4ixIw Get ALL My Trade Tools (Follow me and Dm me “tools”) https://www.instagram.com/craig_percoco Join my free trading discord: https://bit.ly/4qdy4Iy Exchanges & Partnerships: 🖥️ My Charting Software (TradingView): https://bit.ly/3Xf9uvz 🐳 Trade on Blofin: https://bit.ly/3Ctjw3M 🔶 Trade on Bybit: https://partner.bybit.com/b/fortraders 🌟 Trade on Phemex: https://phemex.com/a/k/joininevitrade Soci ...

Trading Psychology & Mindset - The trading industry emphasizes identifying and addressing personal mental flaws, as traits that lead to success in other fields can be detrimental in trading [1] - The industry aims to rewire the brain to think differently from the majority to achieve profitability in the top 5-10% of market participants [1] - The trading industry highlights the importance of not focusing on money directly, but rather letting it be a result of adhering to a well-defined process [46] Strategy & Methodology - The trading industry suggests keeping trading strategies simple, focusing on a core set of variables to minimize emotional decision-making [2] - The industry recommends focusing on trading one asset, one strategy, and one timeframe to achieve mastery through repetition [3] - The trading industry advocates for backtesting strategies using historical data to determine expectancy before deploying real capital [27] Risk Management & Performance Measurement - The trading industry stresses the necessity of measuring trading results to identify flaws and make data-driven decisions for improvement [5][6] - The industry emphasizes the importance of understanding and calculating expectancy (positive expectancy) to determine the profitability of a trading model [13][14] - The trading industry advises setting a daily loss limit to protect capital and prevent emotional trading decisions [34] - The industry warns against taking profits too early, as it can negatively impact expectancy and overall profitability [42]

Trading Strategy - The trader initially considered reducing risk after a $1,600 gain, but decided to let the trade breathe in anticipation of further momentum [1] - The trader aimed for a 1 to 4 risk-reward ratio, waiting for the price to potentially touch a specific support area [1] - The trader locked in $1,300 and left half the position open, hedging against the possibility of the price not fully breaking a certain level [2] - The trader then locked in at least a 4.6% gain, targeting a specific area before taking the trade off the table [2] Risk Management - The trader identified a critical low level and a potential support area, indicating key points for risk assessment [1] - The trader actively managed the position by locking in profits at different stages, demonstrating a proactive approach to risk mitigation [2]

RT Austin Silver (@austinsilverfx)Coming Saturday... @Tradermayne joins me for Ep 205 of The Day Trading Show!! https://t.co/l9BTiWrPRB ...

Fire your inner day trader. Hire your inner tortoise. ...

In this video, I'm going to take you through an entire day of my live day trading. I'm going to give you a look inside my complete process, show you my indicators, my strategies, as well as my real-time entries and exits and the real profit and losses that come with them. So, you can basically watch and learn from my strategy in real time.And I like to do these live trade videos every so often as part of a series to keep you guys in tune with what we're working on on our private team because obviously it's ...

Core Viewpoint - The Financial Industry Regulatory Authority has proposed amendments to the pattern day trader rule, potentially lowering the entry barrier for day trading by replacing the fixed $25,000 minimum account balance with a more flexible intraday maintenance margin rule [2][4]. Group 1: Regulatory Changes - The proposed amendment would allow day traders to maintain only enough margin or equity to support their positions throughout the day, rather than a fixed minimum balance [2]. - The original pattern day trader rule was established in the early 2000s to mitigate risks associated with small and leveraged traders following the dot-com bubble [3]. Group 2: Impact on Investors - If the amendment is approved, it could make day trading more accessible to smaller investors who previously could not meet the $25,000 requirement [4][5]. - The change is expected to democratize day trading, allowing more everyday investors to participate in the market [5]. Group 3: Market Considerations - Despite the potential for increased accessibility, day trading remains a fast-paced and risky endeavor, with market conditions capable of changing rapidly [6]. - Investors are advised to fully understand the differences between margin and cash accounts, as these can significantly impact trading speed and potential losses [6].

Trading Performance & Strategy - Trader aimed for $20,000 weekly profit, starting the day $7,000 away from the goal [2] - Initial trading strategy involved identifying trend areas on smaller time frames, using indicators to find overvalued or undervalued areas, and capitalizing on fair value gaps [6] - Trader typically risks approximately $1,000 per position, aiming for profits of $3,000-$7,000+ per position [7] - Trading strategy focuses on early entry into potential trends, with contained risk [7][9] - Trader emphasizes keeping losses small and allowing winners to run, rather than consistently locking in profit [28][29] - Trader is considering increasing position sizes and risking $5,000 due to perceived accuracy and consistency [80] Specific Trades & Outcomes - Day trading resulted in a net profit of $8,592, contributing to a weekly profit of $21,500 [66][67] - Win rate for the day was 64%, significantly higher than the trader's normal win rate [67] - First trade resulted in a $1,500 loss due to a trend break fakeout [69] - One successful trade generated $3,000+ in profit by identifying a sell signal using a proprietary indicator and trend following [57][77] - Another trade on Ethereum locked in $1,257 profit on the front half before being stopped out at break even on the other half [75]

Please enjoy!Riz Iqbal (@Wordsof_Rizdom):Day Trading is Changing Forever, Prepare Yourself or Be Forced To STOP Trading!@RaoulGMI is an Investing & Crypto Expert who predicted the 2008 Financial Crisis, Predicted the Price of BTC to be $100,000 back in 2011He’s now identified the BIGGEST opportunity of our time 👇 https://t.co/Agc7ccWYij ...

We just broke underneath this critical low level. We're up about $1,600. So, [Music] normally I'd be taking some size off here and reducing risk, but this could be a big trade if we do get a little bit of momentum.So, I want to let it breathe a bit. I'm sort of waiting for price to come down and be able to touch this area, at least get us a 1 to4. [Music] All right, so we're getting a nice move down, but this area is going to be a big area for support.So, I'm going to go ahead and lock in 1300 here and leav ...