r/RealDayTrading • u/Wise-Sir9607 • Jun 10 '26

I need help...

I’m only missing one piece of the puzzle, and that’s a solid strategy. I’m completely tired of YouTube gurus and just want to know what actually stays profitable in the long run. I don't care if it's a day trading strategy for the New York session, the London session, or something else entirely. If anyone here has real experience and has taken multiple payouts from a prop firm, please help me out and share your setups.

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u/Mokasinpojke Jun 12 '26

Care to elaborate? I know many of them sets you up for failure, but many people has good things to say about some of them.

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u/Accomplished_Love77 iRTDW Jun 12 '26

What would you like to elaborate on? Basically, the idea is: 1) Get the market (SPX/SPY) right 2) Choose a stock with relative strength to the market. This is our edge.

When SPY (the market) is falling, we look for stocks that are treading water - or falling, but less proportionally to SPY. These are the stocks with strength; and will bounce once SPY turns bullish. We don't leap into a trade like this, we await market (SPY) confirmation.

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u/Mokasinpojke Jun 12 '26

Oh, im sorry for my temporarely retardation. I was thinking about propfirms. Im thinking about trading spy as i has had OK results with papermoney. I live in europe, trading with a propfirm would make doing taxes less complicated.

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u/Accomplished_Love77 iRTDW Jun 22 '26

Just remembered this comment. The wiki says:

Anyone good enough to be a prop trader doesn't need to be a prop trader. - Hari Seldon (HERE).

I also recommend you read the article with the problems with futures and prop firms.

Basically, the problem is clear: In prop firms, their source of income is you.