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Welcome to Software Sunday, the day of the week where we invite creators to post the software and tools they’ve built for day traders. Whether it’s a custom indicator, charting plugin, trade tracking app, or data analysis tool – this is your chance to put it in front of the community. 💻📊 Rules: You must use the "Software Sunday" flair on your post. Provide a detailed description of your product/service/software, including what it does, how it works, and how it benefits the day trading community. A quick link with “check it out” isn’t enough. Pictures are welcome – but no spam dumps! Engage with the community – You must respond to member questions in the comments. Limit your promotions – You can’t showcase the same product more than twice a year. Tips for Posting: Tell us what makes your software stand out from the competition. Share any unique features, integrations, or use cases that day traders will appreciate. Include examples or screenshots showing it in action. Let’s make this a valuable resource for discovering tools that genuinely help traders level up their game. 🚀 📌 See past Software Sunday posts here. Also, if you’re new to the sub – don’t forget to: Read our Getting Started Guide Check out our Book Recommendations Join our free community Discord submitted by /u/AutoModerator [link] [comments]

The last loss that I experienced was prior to 6/24. Since then I’ve racked up 20k in the span of a month trading strictly SPYQQQ 0dte. Yes I don’t trade anything but 0dte for now, looking into potentially switching to 2-3dte eventually. Have sized down significantly from earlier but I still have good days. Hoping to keep this going while managing risk big time. For now sizing down and thinking of adding dte anything else? Started account at 1.5k to currently 20.6k Only using a portion to trade never full account. Momentum scalping strategy, wait for move jump in and out quickly. 1 min timeframe no major indicators. submitted by /u/EmploymentChoice5305 [link] [comments]

posted my july stats here a few days ago. today's session added another +$13.8k, so the month's sitting at just over +$42k now. the trade count looks ridiculous because it's copied across multiple accounts. i only traded ES a few times today and one NQ long. definitely had some ugly red days this month too, but i'll take it. submitted by /u/SatoshiSwiss [link] [comments]

Making your personal success and financial situation dependent on things you can't control, is the recipe to become unhappy, depressed and anxious. I couldn't deal with the stress, how do you guys do it? Wasn't sure about the flair, sorry submitted by /u/ThengarMadalano [link] [comments]

"Each cycle leaves the system slightly different from what it was before. Big changes does not arise because the cycles are perfect, but because the system accumulates small adaptations over time." https://preview.redd.it/wyiwdo6dm0gh1.png?width=1536&format=png&auto=webp&s=d0ff691e56b9b5bdc45d1502d1f9038e2e238afd Always remember this; Mastering something as complex as trading is never a linear process. submitted by /u/Perthss [link] [comments]

Hi everyone, I don't want to pay for TradingView just to do backtesting, and honestly, I think the subscription is too expensive. Can you recommend any websites or apps that make backtesting easy? I'd really appreciate any suggestions based on your experience. submitted by /u/dominant_gog [link] [comments]

I’ve been paper trading quite for a couple of weeks and I understand when you buy and it goes up you make money and when you sell and it goes down you make money But what I don’t understand Going long Going short So let’s say if I started on a account with real money had a low fund of like 500 Would you want to buy then sell or just sell first I just don’t understand how you can sell first if you didn’t buy I really don’t get it at all I’ve been watching a lot of videos and was wondering if someone could dumb it down for me in other words how the heck do you start doing this submitted by /u/hitmane2oo6 [link] [comments]

Today’s Nifty was completely sideways. On days like this, I don’t try to predict every move because that’s how I usually get trapped. Chart 1: I started with the 30-minute chart and marked the main support and resistance. Then I moved to the 5-minute chart and marked the intraday range. My plan was simple: don’t trade in the middle of the range. Wait for price to reach an important level. Chart 2: For the entry, I switched to the 1-minute chart. My plan was: - If price broke below support and then gave a pullback, I would take a small short trade because the higher time frame was still bullish. - Instead, price did something better. It went below support, took out the stop losses (liquidity grab), and quickly came back above the level. - That told me sellers were trapped. - After the reclaim, buyers stepped in and Nifty made a strong move up. This trade reminded me of one thing: Higher time frame gives the direction. Lower time frame gives the entry. When the market is sideways, I don’t force trades in the middle of the range anymore. I wait for the market to take liquidity first, then I follow the real move. Patience paid better than prediction today. submitted by /u/Trader_ScalperX [link] [comments]

the setups that work the best are usually the ones that feel the least exciting not like boring in a bad way, just. quiet. no adrenaline, no rush, nothing screaming at you to hurry up. the ones that felt urgent in the moment are the ones i go back and lose money on more often than not think about it from the other side for a second. if a level is actually good, if its actually going to hold or actually going to break, it doesnt need you to feel anything about it. the level does the work. your excitement isnt an input, its just noise your brain adds after the fact to justify clicking the button faster than you should have the boring ones are boring because theres nothing to argue with. price did the thing, structure confirmed, you took it. theres no story to tell yourself, no main character moment, just a level that worked because it was actually a level meanwhile the exciting ones, the ones where your heart rate goes up a little, thats usually your brain pattern matching against every other time something felt like this and it worked out, except survivorship does that to you. you dont remember the boring wins as vividly because there was nothing to remember. you remember the exciting ones whether they worked or not because the feeling itself got logged as data not saying feel nothing ever. just noticed the trades i regret arent the losers, theyre the ones that felt like something before i even knew if they were right submitted by /u/Suitable_Acadia_190 [link] [comments]

Been on and off. Honestly, i had a nice stable chunk of change a few years ago moving it around from spy to nvda and others, but just stocks. You can immediately tell when and where I found options lol. Either way. My risk tolerance went up 3 fold in the last year so I’m getting ready to start trying to day trade. My problem is greed. And I’m pretty sure I have a gambling addiction, lowkey. Never sold the house, but I crave the win. Who doesn’t? My main issue is that i’m a go big or go home kind of guy so thats why i blow my positions. Honestly a few years ago i was doing okay. I started with a $3k bank roll and pushed it up a bit little by little. I started with $500-$700 options, then went to $1200-$1500. And it just went down hill from there.. A few months ago i put $500 just for shits. I was spending $200 a month on an online casino so i figured this was probably a better chance of profiting. Went up to around $800 and got greedy. Turned a $200 day into a $500 loser. What a sad day. But i was “testing something” or so i told myself. Damn, that hurt to write out but its fine, whatever. I want to understand, what is the mental space i need to be in? Where do i start for real? How do i start? How much do i put in? What should my tolerance be? I want to average $50-$150 a day tbh. But I just need a bit of guidance. Thank you for the read and i’ll respond after dinner if there’s any replies. I’m 26 btw, about $110k yearly. submitted by /u/iloveihoppancakes [link] [comments]

Even trading around levels it's still such crazy action that I take two scalps with more contracts than I normally take and shut it off for the day. If I win one, I'll take another on the next setup and thats it for the day. If I win one, lose one, I'll look for one last scalp. Three trades tops and shut it off. submitted by /u/shabbytitmendelbaum [link] [comments]

Is there a day trading YouTuber that anyone would recommend? I’m trying to get my foot in the door and I’ve watched some videos but it seems like there are so many different strategies and trading platforms. Who did you watch and try what they thought and was successful with it? submitted by /u/Mindle55web [link] [comments]

Let's take a currency (forex) forward contract as the example. Is the forward rate just what one unit of one currency divided by another is at a future date? So the spot rate of USD/JPY is the value of $1 USD relative to (mathematically: divided by) ¥1. And the forward rate is this same formula, but for a date in the future instead of right now. Is this understanding correct? Basically I am trying to understand the concept/definition of "forward/future rate." I know the concept of derivative contracts but do not yet grasp what their "rate" refers to. submitted by /u/MildDeontologist [link] [comments]

When I started trading I was very excited to just be able to click the buy and sell buttons. I was feeling joy when I was in front of my screen trying to find the perfect entry on those red and green colourful charts. The Market was a wonderland for me. Now and after almost two years of trading I can see the true nature of this place. I can see that the market is a brutal space, a fighting cage … it’s a world wide survival arena. Each time you enter the market there is a high probability that you'll be violently assaulted and have all your hard earned money taken from you. Every time you enter the market you are projected in the Wild West era and every single trader is after your money. You better be prepared before you put a single foot in this hostile and dangerous place. Otherwise you’ll be sleeping under a bridge at the end of the day. That’s why today I enjoy being on the side without having any open position. I enjoy that feeling of safety knowing that no one can rob me. And when I’m entering the market, I’m prepared to fight for my life ☠️ submitted by /u/FrenchHotTake [link] [comments]

I wanted to ask if you are a scalper, how you make money and what percentage you risk of your total assets like how things even go ? How long it takes to even be a decent on scalping ? submitted by /u/niteop [link] [comments]

Hey all, just thought I'd share with you something I've been working on: my BTC trading system. I've been trading BTC for maybe about...4 years or so now and always chopping between thinking I'm profitable, then...not. I came to a realisation that individual trades were random...and I needed to start looking at things zoomed out - at a system level I took a break from work about 3 months ago and decided to put time into trading, which led me to building and refining my BTC trading system. Right now I'm seven weeks in and I'm less interested in whether the system is profitable at this stage but rather collecting data. I'm and more interested in whether I'm measuring the right things. My ultimate goal is to get a sample of 100 trades evaluated on the metrics below (a total of 21 trades): https://preview.redd.it/dz3c1z3oq3gh1.png?width=2160&format=png&auto=webp&s=b2c01624ae7167a2fa8c18b910b7464aa6e67ffe I feel these are the solid metrics to track in terms of an evaluation system though I have been tracking other metrics that are related more to execution (i.e. my last post of MFE and MAE). I wanted to ask others here, ideally the serious ones, what do you track in terms of metrics - quantitative-ly speaking. Thanks. submitted by /u/hkapital [link] [comments]

What time frames do people use to identify the strongest supply and demand zones? Or if executi trades in the five min chart eg, is the five min supply and demand zones best. submitted by /u/NotAReligiousNut [link] [comments]

Started trading as 19 years old. Was losing money first 6 years with a normal side Job. And then 3 years break Even. And then finally 3 years profitable now :) Usually i make money 10 months and lose 2 within a year. Honest and brutal truth is that trading is not Easy, but its fun when its Easy :) submitted by /u/MisterQuuu [link] [comments]

I have been investing on and off since 2018 (30M). 90% index funds. Every once in a while I would throw some extra money in options and it was always break even. Well recently, I made 10k in 2 months (options) and then proceeded to lose 12k over 3 months. I can handle the financial loss. But I’m questioning whether or not I even know what I’m doing. I’ve been trading the mag 7 and intc. I basically search the news and read the fundamentals for what the general consensus is on a company. I ask myself if this is over valued/over hyped? Then I find support and resistance on the daily chart. I ask myself, is it moving toward support or resistance? I look at inflow and outflow chart. And I look at options volume. I ask myself, are there more buyers or sellers? If those line up. For example, I don’t think it’s overvalued, it looks like it’s moving towards resistance, it’s got more calls than puts, and has more inflow than outflow. Then I’m bullish. The next morning I will wait for the price to break through vwap, point of control, rsi slightly above 50, and the price crossed above Ema’s. Then I will buy a call. Or vis versa if it’s bearish. Usually around $800-1k, try to go for 14dte. The issue I’ve had recently is it I’ll hover around vwap, and I don’t sell. Then it goes the opposite direction and I sell for 100-300 loss. I already decided I’m going back to index funds for 99% of my investing. But I know in the future, I will get another grand and I will want to try again. Is there anything I’m missing? Obviously I’m going to start paper trading and back testing strategies. But I just want to make sure I’m looking at the right indicators? I was told that most people don’t use 100 indicators and are just really familiar with a few of them. I think my issue is I need to look for more confirmation. Or I’m buying the options when the premiums are already too high? I’m open to all advice. Please don’t gate-keep that I’m not a real trader and I’m just gambling. I’m vary aware of how inexperienced I am, but I genuinely want to study and be better. submitted by /u/throwraway12543 [link] [comments]

Looking at the reviews of FxReplay on TrustPilot kinda stops me from even entering on their website? Any suggestions/alternatives? submitted by /u/Material_Block3491 [link] [comments]

Instead of asking, "Why did I take that trade?" I've started asking, "What was I feeling right before I took it?" That question has taught me more than looking at the chart again. Sometimes the setup wasn't the problem. My state of mind was. submitted by /u/kash1881 [link] [comments]

Hey everyone, I’m 16 and just started learning day trading. Today is my 4th day of studying, and I’ve been watching Trading by Sci to build a good foundation. I wanted to ask the profitable traders here: if you could give one piece of advice to someone just starting out, what would it be? Is there anything you wish you had learned earlier or mistakes I should avoid? I’m not looking for shortcuts just want to learn the right way and become consistently profitable over time. I’d really appreciate any advice. submitted by /u/Temporary-Rough-5774 [link] [comments]

For those who would consider themselves a successful trader, what books, courses, videos or other resources did you use to understand the market and find your edge? What were your biggest “AHA” moments? What made it all finally click for you? I have been utilizing YouTube and have found small bits of information that has helped within the last 7 months of paper trading. Lately my edge has been using a mix of BB, SMA, and support/resistance levels to predict where the market wants to go. 1 week I’m on fire and make 300-500$ and the next week I lose all those gains and maybe some more. My main goal is turn 1000$ into 5000$ while paper trading before I step in with real money. I would love for anyone who has a good success rate to share the things that has helped them get to the level they’re at. 🙏🏼 submitted by /u/wishingyougodspeeed [link] [comments]

I've been working two jobs for a while because I need the money, but lately trading has started bringing in enough that I'm wondering if I can finally treat it as my second income instead. Part of me wants to quit one job so I can put that time into trading, reviewing my sessions and actually having a bit of a life outside of work. The other part of me keeps thinking that the second I start relying on trading for part of my income, everything changes. I see people say all the time that once you need the money, the psychology is completely different. I'm not saying I'm quitting tomorrow, I'm just at the point where it's becoming a real option instead of something that seemed impossible a year ago. For the people who've been through it, what made you realise you were actually ready? submitted by /u/BerryBlissLumi7878 [link] [comments]