SDP

Not bad for an eighty year old

Everyone’s different so there’s no set rule on what you need to do exactly. If I were just starting out I’d journal every trade & identify every mistake. Keep a running tally of those mistakes & the data you gather will tell you what you need to work on the most. Record your screen at all times so you can go and replay action, study it, makes notes of what to look for. The mistakes you make the most will tally up the highest so work on those til they stop showing up in your tally. You’ll see your consistency improve.

@ShortDaPos What do you think is the best way to learn from your mistakes? After I make one, I screen record it and write it down. It has helped, but I’m wondering what elite traders do.

Imagine a car with no wheels. That’s trading without learning from your mistakes. You’re not moving forward, you’re just spinning. Inconsistent traders have the same flaw, they make mistakes & they don't solve the problems. "Trader" Aka "Problem Solver"

@GiulioBlan1375 @grok I think you’re missing the point. The point is that most traders fail by a wide margin.

@ShortDaPos @grok Furthermore, in your original post you mentioned traders in a general sense, while you asked grok about day traders specifically, which is a subset of the first. Point in fact, it demonstrates that the statistic is actually flawed as it considers a much smaller group.

Very few people per 100 actually earn a living from trading so why do people pursue it? I think people generally want to get rich quickly & think consistency is achievable by putting in effort without really knowing all that’s involved to attaining it. After all, you really only know what it takes once you’ve accomplished it for yourself & everyone has different hurdles/circumstances that affect their journey ie. Added preassure, dependants, support & commitments vary from one to another. Social media certainly portrays profitability as easier to achieve than it actually is but it’s not usually a level playing field amongst peers. Be careful comparing yourself to others. Maintaining consistency is easier when you don’t shoot for the Stars but rather aim for a healthy income. If I push outside my comfort zone, it can derail progress. Know your limitations & let the good times roll when the opportunities are abundant for your trading style. After 10 years of trading, I understand that the big months come from great market cycles which ebbs & flows. So when you’re feeling in the dumps because trading is not going exactly as planned, just remember it’s all part of the journey. The winners just never gave up.

@GiulioBlan1375 @grok What % of day traders achieve consistent profitability sufficient to live off day trading.

@ShortDaPos The statistic is deeply flawed, as very few people treat trading as a proper business and actually put in the effort & time on all the levels required. The market gives out opportunities everyday, and some of them are objectively obvious, you just need to wait for them

The premarket was grinding today so I didn't get aggressive in RTH. When PA isn't giving me good follow through, I'll trade smaller, avoiding unnecessary losses. Then push when the flow is proving itself. HAGW 🍻

$PIII P3 Health Partners Announces First Quarter 2026 Results (beat estimates + raised FY guidance)

Stay in school, don’t do drugs

Out of Service

Locking in 5k for the day. . . I'll let the others short some power hour stonks & hopefully sets something up for tomorrow. . .😁🎇

@always_wrong4 It's been grinding til now, it finally gave the para, that's the playbook short setup.

@ShortDaPos alot of conviction considering yesterday's moves - nice trade tho.

$AIIO Mmmmm🍉

A little easier today, huh? Now, now bulls, don't give it ALLL Backkk 😉

$TDIC Round 2🥊🥊

$AEHL "You've got to know when to hold 'em, know when to fold 'em, know when to walk away, know when to run."

@PsychMedTrading Haha early grind never stops Ben 🧑‍💼

@ShortDaPos Working early this AM Boss.....

$AEHL Just taking my lil piece of the pie. . .

$TDIC Round 1 🥊

@ShortDaPos I wasnt bring serious. should have added this 😂

The repercussions on small cap movement, from my edge leak, has about exactly the same effect on the market as me saying this next phrase 👇 "I drink a double espresso before I start my trading day." BTW, new participants in the market will make shorting easier. Thank the SEC👍