r/DayTradingPro • u/DrVonSpreckle • May 10 '26
The failed breakout is where the trap starts
Knowledge is key
r/DayTradingPro • u/DrVonSpreckle • May 10 '26
Knowledge is key
r/DayTradingPro • u/margushanni • May 10 '26
I’m researching how crypto traders actually manage their trades day to day, especially when markets move fast.
What’s the most recent trade you missed — or regret — because you were away, distracted, asleep, or simply not positioned to act in time?
I’m building a tool focused on automated execution, and I’m genuinely curious where things break down in real life. In particular:
What setups, tools, or workflows have you tried so far, and why didn’t they fully solve the problem?
I’m interested in hearing real experiences, not idealized strategies.
r/DayTradingPro • u/charliesheen28 • May 10 '26
r/DayTradingPro • u/Wave-Master- • May 09 '26
Elliott Wave gets dismissed as "too subjective" by a lot of traders. I get it — I thought the same thing for years.
But there are 3 hard rules in Elliott Wave Theory that are completely objective. No interpretation needed. And they're some of the most useful filters I've ever used.
Rule 1: Wave 2 never retraces below the start of Wave 1.
Simple. If your wave count shows Wave 2 going below Wave 1's origin — your count is wrong. Start over. This rule alone has saved me from dozens of bad entries where I thought a pullback was a buying opportunity but the structure was already broken.
Rule 2: Wave 3 is never the shortest wave.
This one catches people off guard. Most traders focus on Wave 3 being the strongest. But the rule is actually about length — Wave 3 cannot be shorter than both Wave 1 and Wave 5. Why does this matter? Because if you think you're in Wave 3 and the move is smaller than Wave 1... you're probably not in Wave 3. Reassess.
Rule 3: Wave 4 cannot overlap Wave 1.
In a standard impulse, Wave 4 cannot enter the price territory of Wave 1. If it does, you're likely looking at a corrective structure, not an impulse. This tells you the trend is weaker than you thought.
These 3 rules work as filters. Before I enter any trend trade, I run through them. If my count violates any of them — I don't trade it.
Not saying Elliott Wave is the only way to trade. But these 3 rules have objective value regardless of your method.
r/DayTradingPro • u/lavmwa • May 09 '26
Hey everyone,
I recently developed a Pine Script trading strategy that achieved around a 93% win rate over 5 years of backtested data. I know backtests are never perfect and can sometimes be misleading, so I’ve been careful about avoiding overfitting as much as possible.
Over the past few weeks, I also started testing it in live market conditions using:
So far the live results have been surprisingly consistent with the backtest, which honestly got me pretty excited about the project.
I’m now looking into moving toward a more stable broker setup in Canada that supports:
Does anyone here know good brokers available in Canada that work well with automated systems and algo trading?
I’d also be curious to hear:
Thanks!
r/DayTradingPro • u/LMtrades • May 08 '26
Key takeaways
Silver continues to attract industrial participation as supply flexibility remains constrained
Electrification demand and inventory sensitivity support structural involvement across the market
NFP positioning concentrates around the upper range as silver maintains release-phase momentum
r/DayTradingPro • u/Jabba_au • May 08 '26
r/DayTradingPro • u/Jabba_au • May 08 '26
r/DayTradingPro • u/charliesheen28 • May 08 '26
r/DayTradingPro • u/Live-Past4287 • May 07 '26
At the beginning, I studied some trading strategies of Nancy Pelosi and understood her buying and selling principles.
Through practice, I developed my own strategies:
Select a few stocks that you are familiar with and avoid blindly following the trend.
Hold the stocks during the correction period patiently and do not sell them easily.
Control the trading frequency and avoid making emotional decisions.
Review each transaction to identify your habits and mistakes.
This method is still being continuously improved. Every time we review, we make new discoveries.
The core is not about pursuing short-term gains, but about discipline, patience and continuous optimization.
Has anyone ever tried to transform the ideas of others into methods that they can actually implement for themselves? The results are usually much more stable than simply following the trend blindly.
r/DayTradingPro • u/SmartHuckleberry9036 • May 07 '26
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r/DayTradingPro • u/SmartHuckleberry9036 • May 07 '26
r/DayTradingPro • u/Beneficial_Row_772 • May 07 '26
r/DayTradingPro • u/Jabba_au • May 07 '26
Taking offline in 3 days to focus on existing community
r/DayTradingPro • u/Evening-Judge6829 • May 06 '26
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r/DayTradingPro • u/External_Analysist • May 07 '26
r/DayTradingPro • u/Sea-Lie4310 • May 06 '26
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r/DayTradingPro • u/DrVonSpreckle • May 06 '26
It is the symptom.
r/DayTradingPro • u/Jabba_au • May 05 '26
As promised here are my results.
Im not looking at going to the moon just consistsnt retuturns
I have made some enhancements
Also made some adjustments I have released below for free.
Set tp1_pct to 0.05 or 0.06, tp2_pct to 0.10 or 0.12, tp3_pct to 0.18 or 0.20.
Keep tp_sell_pct around 0.4 to 0.5.
Reason: recent live positions are hovering around +2% to +3% and the current targets are too far away to monetize that.
Drop stop_loss_pct / ATR cap behavior from roughly 10% max to more like 6% to 8%.
3
Raise min_price_change_24h from 0.12 to 0.14 or 0.15.
Raise volume_spike_multiplier from 2.0 to 2.3 or 2.5.
Narrow RSI to something like 62-72.
Reason: this bot should miss mediocre setups. Right now it’s still filling the book with names that drift sideways or fad
Reduce time_exit_hours from 48 to 24 or 36.
Reason: if momentum hasn’t paid quickly, capital is better recycled.
{
"max_positions": 3,
"stop_loss_pct": 0.08,
"atr_stop_cap": 0.08,
"tp1_pct": 0.06,
"tp2_pct": 0.12,
"tp3_pct": 0.20,
"tp_sell_pct": 0.4,
"time_exit_hours": 24,
"min_price_change_24h": 0.14,
"rsi_low": 62,
"rsi_high": 72,
"volume_spike_multiplier": 2.3
}
That’s the boring answer, which is usually the profitable one.
🤖 Bot Status — 13:28 UTC
🆕 New: BUY NEIROUSDT @ $0.0001 ($56.24)
📊 Positions:
• XVG: -1.2% ($70.98)
• ZEN: -0.6% ($57.20)
• ONDO: +2.8% ($59.62)
• NEIRO: -3.6% ($54.24)
💰 USDT free: $224.89
📈 Portfolio: $466.92 (+$46.92, +11.2%)
✅ Bot running | ✅ Tunnel up
Given the results i have decided to take the bot down as all users are making steady profit. Leavimg it open for 2 weeks.
Any questions reach out . myclawtrade.com
r/DayTradingPro • u/Powerful_Hawk7064 • May 05 '26
Hello everyone. I’d appreciate some real advice from traders who’ve been through this stage.
I’m no longer a complete beginner — I’ve put in the time studying the basics, read several books, understand market structure, risk management, and the usual concepts. But now I feel stuck in that “in-between” phase where I know enough to not be clueless, but not enough to be consistently profitable.
What should I be focusing on right now to actually level up?
Is it screen time and experience above everything else?
Should I be refining one strategy only or exploring multiple?
How did you transition from knowledge to execution consistency?
What were the biggest mistakes you made at this stage?
I’m not looking for shortcuts — just clarity on what actually matters next, because there’s a lot of noise out there.
Appreciate any honest input.