10k hours trading

@TheH0n3stTrader Right. I won't stop hopefully (as long as my girlfriend doesn't go too crazy, haha!) Thank you!

@10khourstrading Can't stop till you hit the 10,000 hours, man!

The hardest period in a trader's life is after 2 years of trading.. Too deep to quit. Too broke to continue. Family's asking you to quit. You know you can do it, but you can't prove it. Everyone thinks you're crazy. It's extremely painful..

$KEEL Astrology 101. KEEL used the ema 21 as a spring to bounce back to $3.03, inside my old channel, volume slightly higher than the recent three days. Some buyers are interested at least. Hopefully this is going to be the start of the next leg up. Breaking about that $3.60 would be a first step. It might take some time.

@Adamoption @TradeZella Hello Adam, just found your page. Do you sometimes only trade 1 contract? If yes, what would be the reason as the difference in size is pretty big between the trades. Thanks!

Weekly recap from @TradeZella is one of the best tools I use. I can clearly see how much I paid in commissions, my position sizing, my average win vs. average loss, and much more. It really helps me improve my trading performance.

@LumberjackTradr @RealSimpleAriel @Peoplewish @Mikey_underdog @TheOneLanceB Thanks a lot!

@10khourstrading @RealSimpleAriel @Peoplewish @Mikey_underdog @TheOneLanceB I moved to trading the leading groups and themes. I got away from trading manipulated small caps. I also moved to swing trading focused on sizing based on risk on my entire account.

Trading is a journey. One year difference. Yes this is 2nd best month on record, but in years past it wouldn't have mattered. I sucked at trading. Still tons of things to fix. Thank you. @RealSimpleAriel @Peoplewish @Mikey_underdog @TheOneLanceB

@satymahajan Thank you, Saty. My brain keeps on trying to regain control. I guess it is because in "real" life, I control myself in a more disciplined way than a Buddhist monk and my brain is used to that. I realize it but hope I can turn off my brain while trading some day, haha!

In trading you have no control over the outcome. You can only have a plan and then control the entry, the exit, and risk. If you don't control those things and ACTUALLY follow your plan, you may look outside of the market to re-establish control of something. If, after you have had a day of not following your plan, you start tinkering with things (changing your system, indicators, which ema you use, or even your wallpaper or desk), it's probably your brain trying to regain control of something. But, you are still not in control of the market. You still have to control your entry, exit, and risk by following your plan. And if you don't you'll repeat this cycle until you finally realize and accept what is going on.

In April, I've been keeping my losses so small that most of the days I had a 0% WR. And those small losses added up made April one of the worse trading months I had since I started trading about two years and a half ago. Worse not only because of the bad WR but also because of the psychological violence. I used to have some big drawdowns because I would hold and hope and turn a day trade into a swing trade. But in some cases, those became nice swing trades, kind of cancelling the bad ones. I also had a few big losses day trading, averaging down and finally, having the courage to cut the losses, taking a big brutal loss. Those were impactful psychologically but it lasted one night. The repeated small losses have been having a worse effect than those seldom big losses. The interesting thing is that I started trading 0dte at the end of last year because of the choppy market and had a simple ribbon strategy. It had its false signals and I tried to improve it to avoid the chop. I then studied 14 months of $QQQ charts and made a new strategy that, in theory, was way better than my simple ribbon strategy. But there are also more variables, more confirmation, which creates more hesitation. And there are also false signals. So, I had a simple working strategy that I dropped because of the false signals to replace it to another more complicated strategy that also have false signals. And instead of having bigger wins and losses, I know have a lot of small losses and seldomly some small wins. The new strategy works well on paper, when I'm an analyst. It actually also works well when I just sit on my hands, without trading and just saying what I would do. Ultimately, the issue resides in emotions. I may not have the psychological strength to day trade. Before coming back to day trading. I swing trades options for a few months, before the chop and had some modest results. Modest but almost stress free. The reason is that I would take some profits before going to bed and set a stop loss at break even. (Sometimes the stop loss did not work thanks to a fantastic broker). And when I think about it, I often think "well, I prefer 0dte because I cannot keep those overnight, so I can sleep soundly". But is that really the case? When I started trading, I first traded premarket small caps gappers. With paper account, I was green almost everyday. But, hey, paper is great, no psychological pressure, no "not filled" issue, no stress. But losing real money, even a few dollars hits differently. It might depend on the people but for me, definitely. After taking a big loss (at the time, it was big), I was so shocked that I stopped trading for a few weeks. I learned more, studied some more, bought some courses (now I know those were teaching pretty obvious setups that you just learn after a few more months trading) and traded again, small caps, but during market hours. This was my "I cannot move a finger, so afraid to lose money" period. I spent weeks just watching without being able to do anything. I took a few trades and took a break once again. And studied some more. I then made my own strategy, mean reversal based on RSI. December 2024, I had my best month, reaching $10k. I was stunned. My everyday pnl was just getting bigger and bigger and the confidence and execution was strong. At the end of December, I took one rather big loss, something like $500 because of the old habits of holding and hoping. That was the beginning of a downward spiral. Took another break. Last Summer, I started trading options and everything seemed to click. Easier. Logical. Strict entry and exit. It worked well until the chop, where I started 0dte. I think that I still need to find what kind of trading match my personality. I'm still glad my long term portfolio is doing rather good and that my trading mess made me lose 1/10th of what I have in profits in that portfolio. Moving to a new house the 8th of May. Until then, no trading.

$KEEL I asked the question yesterday: "Support or coincidence?" Well, I guess it was a coincidence. Yesterday, the ema 21 held. Was that just another coincidence? KEEL is getting some volume premarket, about 300k shares the last 10 min. Any news?

@IBHenryJ They are quite bearish... :D

$CIFR Based on short-term price targets offered by 14 analysts, the average price target for Cipher Digital Inc. comes to $26.11 🫡 zacks.com/stock/research…

@Fibonacci_TA @naian666 Looking forward to it.

@naian666 Im still working on combining the whale watch, flow heatmap, max pain but that is work in progress haha

🔥 $ONDS Flow Heatmap $2.15M in $15 calls for January 2027. That is the biggest bet on this grid and it is targeting 50% above current price in eight months. The $11 strike is the quiet story underneath it. Green calls building across every expiry from May through September with consistent sizing. Someone is accumulating $11 exposure across the entire term structure. Right above it, the $12 row is red across every single expiry out to 2028, a persistent put wall that keeps reappearing no matter how far out you look. The flow says $11 is the line to clear and $15 is the target once it does. The $7 puts for 2028 are the hedge keeping this from being a clean conviction long.

Now I can buy "overnight", which means during the day here. Not a good idea I guess. Although I might be able to grab some shares for cheap.

$SOFI as my cat has decided to sit on my lap and doesn't feel like moving anytime soon, I casually plotted the fibs on the monthly SOFI chart, from the 2022 bottom. Current retracement looks normal I guess. On the monthly, we see that rejection from the 9 ema. Price is contained under the 55 ema for now, just above the 0.618 fib. Maybe that whales want to take a few months to load more here. Or to distribute. What do I know?

@thetechlao Oh, ok. On my phone, I thought RSI was right inside the oversold zone at that time. Anyway, solid day!

@10khourstrading Ty man! Yes sh 8:58 is actually a solid play I would of take but sized a bit less because rsi wasn’t there I add in my size when there are multiple confirmations checked off If one is out then i size less

These were the trades I made today Notice each one of these are either: • RSI > 70 • RSI < 30 I time my entries with the levels that are close to the PML, PMH, PDH, PDL I then scale in my limit orders within those zones to hopefully get filled in. Followed by the price gap, the best trades here was when we either gapped up or down $2 Each day, there’s an average of 5-6 trades that meet these criteria’s and hitting these 1min RSI levels I only play for $0.30 to $0.50 moves up/down from these reaction spots, which roughly hits my 15% take profit or stop loss. Sharing this in real time as I’m analyzing my $spy 0dte trades with y’all.

@thetechlao Wow, so happy to see that! Congrats for another great day! Impressive. How many trades did you take?

+$987 ✅ highest P&L day since i started trading seriously. $spy 0dte only patience pays.

$CIFR nice hammer yesterday from the $16.50 area, closed above ema 21. And as everyone like a good trendline, hey, this is becoming support right?!

$KEEL retraced a bit further than what I wanted to see, but the whole market retraced... Now, as everyone knows that trading is astrology, I can see the bottom yesterday was right on that trendline I have had on my chart for months. Is that support now or just a coincidence?

The end of April is approaching and I thought it would be a good time to review April $QQQ charts. People may use Claude Code or other AI to create strategies, automating trading and whatnot but I like to use it as a tool to simplify a few tasks, like creating a bunch of charts quickly. And I just made a simple annotation tool that allows me to go quickly through charts and annotate them. I could use Paint or Photoshop but I just wanted something simple: - load a folder - annotate - right or left to go to the next - save

@DaikokuXX Actually not a bad idea to turn your comment off while trading. Anythink that can make us doubt even a second, let's turn it off :D

Dear Diary #1: No more Mr nice guy, fight the trend $spy