Hello, I'm looking to trade BTCUSDT on binance. They say trading fees is 0.1%. Imagine my investment is 1000 USD and I profit 1 % (10 USD) on the invested capital by taking 10 trades. Now, does it mean I have to pay 10 USD as fee because 0.1 % of 1000 USD = 1 $ and 1 $ X 10 trades = 10 $ fee.

Thank you.

Hi so I’m still fairly new to daytrading and I’ve had some success trading nividia and microstrategy, any other recommendations for good stocks to trade ?

I’ve been looking into some options for trading in a simulator with paper money. It looks like one drawback to many of these tools is that the market data is often or always delayed.

I understand there are still benefits to be had from learning to trade with paper, but is there a simulator out there that offers real time market data? If not, what are some recommendations for a good simulator and why?

Thanks a lot!

Is anybody else seeing the bull flag forming right now in the stock market?

Hi all, are any of you aware of any programs that I can back test a strategy? I wanted to buy weekly Soxl options at open on Monday with both calls and puts with delta around 0.3.

For example if Soxl is trading around 34.2, I would buy a Soxl call for strike 35.5 and a put for strike 33.5. After buying I would put immediate sell orders for 20% gain. I've noticed for both call and put weekly options, this 20% gain would be achieved at some point during the week. Once this occurs, the next trade will be the next week. The strategy is designed to get gains both ways over the course of the week and to always lock in profits.

Let me know what you guys think! Appreciate any feedback, esp regarding different profit margin sells, 10-50%?

FYI I've done this with Soxl for last 2 weeks and was able to lock in 50% gains for both calls and puts, thanks to volatility both ways.

Does anyone know a Forex broker w/ Vodafone Cash service?! I'd appreciate it.

Starting to put away $100 a week to low volatility growth stocks or funds such as VOO, VTI, QQQ, etc.

However I’m specifically looking for a place to “park” cash until a better opportunity comes around…. does anyone know the best place to put secondary cash

Im thinking QQQ at the moment

Bought on finger one. Sold on finger two. I bought when volume was heading up. Figured I better cut my loss so I did and came back later and could’ve gained on my position. Should I wait to see after the second green candle instead of buying the second green candle?

Hey everyone,

So I’ve been testing out Galileo FX for a bit now, and I have thoughts. If you’ve been on the fence or using it already, maybe this resonates, and I’d love to hear what you think.

First off, Galileo FX does a lot. It’s set up to handle all the buying/selling for you, which sounds perfect for someone like me who’d rather not stare at charts all day. Just set up your risk level, pick your trading style (I’m trying both swing and day trading), and it literally does the rest. Pretty amazing to just watch it go on autopilot.

But, it hasn’t been all smooth sailing. I started super cautious, with the Stop Loss and Max Orders settings dialed down, mainly because I didn’t want to blow my account if things got wild. And that’s another thing—there are all these settings you can adjust, like Consecutive Signals, Lot Size, and even Trailing Stop, to keep losses in check. But how much is too much? Like, sometimes I wonder if I’m being too cautious and maybe missing out on some gains?

Plus, the first time I saw an open trade in red, I got that immediate pit-in-the-stomach feeling 😅. Rationally, I knew the risk was capped, but still—it’s a weird feeling watching your balance dance up and down and trusting the bot to turn it around. It’s made me realize just how much the emotional part of trading messes with me, and I can see why having a bot to follow the strategy without flinching is huge.

There’s this new Performance Page too, where you can basically pick from 87 tested strategies. It’s updated weekly, which feels cool because it’s real-time data. I found a couple of setups I’m excited to try, but has anyone else felt a bit overwhelmed with all the options? I mean, it’s awesome, but also—how do you know which one’s the one?

I’m curious if anyone here has gone all in with it? Like, used aggressive settings or one of the high-yield strategies? Also, how often are you adjusting settings based on market conditions? I’ve been tweaking here and there, but I wonder if that’s holding me back from seeing consistent results.

Anyone else using it? What settings work best for you, especially if you’re doing day vs. swing trading? Or maybe you’ve got tips on handling the emotional rollercoaster of watching your balance go up and down?

Can someone please explain why plug power is like this

Share your successfull day trading strategies to help struggling traders. Kindly share your entry and exit techniques(with detailing like specific candle or volume change etc).Also do tell in which you trade like stocks,commodities etc

Okay so I have been back testing my strategy for the last 6 months and I feel am ready to take on a prop firm. I have been practicing on the fundednext trial account and out of 8 accounts I have passed 6 and breached 2 the only issues is the price 32 dollars in my country is 5000 shillings and due to my finances I can't buy one. I feel like am missing out but I was told if my finances aren't gud I just have to wait the market will still be there

MACRO NEWS:

• The big one is the NFP data today. Expected at 101k. Analyst estimates vary wuite a bit. I think the hurrican impact is relatively unknown and is causing this variation. We want to see a middle of the road print. Not too hot, not too cool.
• China october sees first increase in new and existing home sales after 8 months of decline. Goes to suggest that sitmulus is somewhat working. This is bullish for Oil.
• UK house prices come in weaker than expected.

MARKETS:

• SPX - big dump yesterday dragged primairly by megacap tech, down to the 50 SMA at around 5700. Trying to stabilise now above that ahead of jobs numbers.
• nasdaq - got dragged the hardest yday vs SPX as it is heavily exposed to tech. Broke below 20k. QQQ broke key support levle of 485.5. Has since recoverd this this morning though, dragged up by AMAZON which has pulled up other semis.
• Ger40: held above the purple box. dropped to 50d SMA then held above.
• HKG50: higher today because of news regarding new and existing home sales turning positive after 8 negative months.
• GOld recovering some of the sell off dyay. positioning remains v strong.
• Oil seeing tailwinds clearly on the fact that there is currently heightened geopolitical unrest in middle east again. israel says they are on high alert for an Iranian attack.

FOREX:

• BOJ TO PROCEED WITH GRADUAL RATE HIKES BASED ON DATA DEPENDENCY. even the mention of rate hikes causes some hawkishness in Yen, but it is not really saying much.
• GBPUSD dumped yesterday whilst EURUSD was higher. This disconnect points to the fact that theres probably an opporutnity in gbPUSD right now.
• Dollar continues to enjoy strength into the election on uncertainty and the prospect of a trump victory which would likely bring tariffs

EARNINGS:

AAPL :

Earnings summary:

 EPS: $1.64 (Est. $1.49)  BEAT
 Revenue: $94.93B (Est. $94.36B) ; UP +6% YoY BEAT
 Greater China Revenue: $15.03B (Est. $15.8B) ; DOWN -0.3% YoY MISS
 
Segment Revenue: 
 iPhone: $46.22B (Est. $45.04B) ; UP +5.5% YoY BEAT
 Products: $69.96B (Est. $69.15B) ; UP +4.1% YoY BEAT
 Services: $24.97B (Est. $25.27B) ; UP +11.9% YoY MISS
 Wearables, Home, and Accessories: $9.04B; DOWN -3% YoY
 Mac: $7.74B (Est. $7.74B)  IN LINE
 
Key Financial Metrics: 
 Gross Margin: $43.88B; UP +8.5% YoY
 Operating Cash Flow: Nearly $27B
 Total Operating Expenses: $14.29B; UP +6.2% YoY
 Net Income: $14.74B

BIG BEAT ON IPHONE. MARGINS WERE STRONG

CHINA LAGGED

SERVICES LAGGED

Takeaways

• EXPECTS Q1 REVENUE TO GROW IN LOW TO MID SINGLE DIGITS YOY
• Additionally, Apple forecasts double-digit growth in services revenue, similar to FY24. Gross margin is expected between 46%-47%, with OpEx around 15.3%. 
• Furthermore, The company anticipates operating income and expenses to be roughly -$250M, excluding mark-to-market impacts, and a tax rate near 16%.
• says more Apple Intelligence features will be "rolling out in the coming months" and confirmed iPhone integration with ChatGPT is set for December.

MY TAKE:

• Better than expected eps and revenue. Really, was better than expected imo.
• the only reaosn its down is ebcause it was trading at 35x earnings. Thats why we are seeing analysts UPGRADING their price targets on it. They actually think the earnings IMPROVED their outlook on it. I think this could be true as it has helped to remove some of the cloud over their iphone numbers.  
• Interest in apple intelligence is actually strong right now, which alleviates a lot fo the concerns around Apple
• Gradual rollout may mean that it is hard to know how future sales will be which is a problem in trying to come up with a valuation for the company. 
• Services were strong
• Better than expected earnigns in my opinion.
• Is only down because its trading at 35x earnings,

AMZN:

Takeaways:

• Absolutely massive beat on EPS 1.43 vs 1.16.
• FOCUSING ON AI:
• Expects FY24 CapEx around $75B—primarily for AWS and generative AI. CEO Jassy calls it a “once-in-a-lifetime opportunity” and anticipates CapEx growth continuing into 2025.
• CFO added CapEx will increase by 30% next quarter and even more, with the majority focused on AI.
• NO DIVIDEND OR BUYBACK ANNOUNCED
• AWS AI business is now a multi-billion-dollar revenue run-rate, growing at a triple-digit YoY rate. It’s scaling more than three times faster at this stage than AWS did in its early days. "We felt like AWS grew pretty quickly."
• "considerable upside" in ad revenue, with AWS as the "partner of choice." Generative AI is used "pervasively" across its business and devices.
• international unit is on track for record profit this fiscal year—its 2nd profitable year since 2014.
• Some analysts also project profits from this segment could top $5B next year, driven by improved warehouse and delivery systems in key markets like Germany and the UK.
• AMZN even says that their chips are doing well as some customers are saying that NVDA chips are a bit expensive. Aggressive push into chips continues. 

My take:

• The lack of dividend/buyback announcement was a bit disappointing. However, the earnings were v strong across the board
• AWS was awesome - growing extremely quickly. Ad revenue side of business is doing exceptionally well
• Well positioned in ecommerce, higher volumes pointed to. 
• AWS is evolving to accommodate GEnAI and their CAPEX will support them in long run.   Medium term and long term story I think is strong

XOM earnings brief headlines taken from Bloomberg:

• ADJ EPS $1.92, EST. $1.87 BEAT TOTAL REV. & OTHER INCOME $90.028, EST. $87.15B Beat PRODUCTION 4,582 KOEBD, EST. 4,522 BEAT REFINERY THROUGHPUT 3,985 KBD, EST. 3,871 BEAT SEES FY CAPEX ABOUT $28B, EST. $24.8B BEAT SEES 4Q CORPORATE, FINANCING EXPENSES $300M-$500M
• Looks storng earnings, although I havent read the full report here.

MAG 7:

• AMZN - really strong earnings and slew of price target increases.
• NVDA up as AMZN said their relationship with NVDA is very very strong and in the same breadth annunced a 75B capex increase. NVDA major beneficiary of this.

OTHER COMPANIES:

• INTC - was higher on earnigns initially, then dumped as CEO made comments that they will not reach their prior guidance of $500M Ai -accelrator reveneu this year.
• TSM - will receive ASML's next gen chip machiens this year as chip race heats up.
• TSM also in news as iphone 17 will supposedly use wifi chips made by TSMC's N7 process.
• AMD - AMD and Fujitsu signed an MOU to jointly create open-source, energy-efficient AI and high-performance computing platforms by 2027. The collaboration will develop AI/HPC software based on AMD’s ROCm stack and Fujitsu’s Arm-based Monaka software, targeting global rollout for optimized, sustainable AI solutions.
• Uber - Goldman sachs rates as buy, price target 96. Says "long-term narrative that has been building at UBER over the past 2 years in tact - we continue to believe that UBER’s equity story is centered on scaling end-markets, rising profitability levels (while remaining committed to long-term investments), and increased evidence of platform cross-sell/flywheel effects."
• MRVL - is up as AMZN said they have been going back to their chip manufacturer for more chips. This is MRVL.
• SMCI more pain - Super Micro Computer was warned if it fails to provide an audited compliance plan by Nov 16, it will be delisted from the Nasdaq.
• BA - BOEING, UNION REACH TENTATIVE DEAL TO END STRIKE Boeing BA and the union for 33,000 machinists reached a tentative deal that could end the two-month strike crippling production, with a vote planned for Nov. 4. Up 3% in premarket.
• XPEV - delivered 23,917 vehicles in October. marking its second consecutive record month and a 20% YoY increase
• Li - delivers 51,443 cars in October, hits 1 million cumulative milestone!
• SIRI - B uffett increases take in Siri to 33% of the company.
• ABT - a jury cleared Abbot and REckitt of repsonsibility in a case saying that their infant fomulas caused NEC in premature babies.
• GSAT - GLOBALSTAR-APPLE PARTNERSHIP EXPANDS: $1.5B SATELLITE SERVICES DEAL

OTEHR NEWS:

• ISRAEL ARE AT HIGH LEVEL OF READINESS FOR IRANIAN ATTACK, ACCORDING TO REPORT Geopoltiical tensions.
• IRAN PREPARING MAJOR RETALIATORY STRIKE FROM IRAQ WITHIN DAYS -AXIOS  - oil wa shigher on this yday
• BOJ TO PROCEED WITH GRADUAL RATE HIKES BASED ON DATA DEPENDENCY. even the mention of rate hikes causes some hawkishness in Yen, but it is not really saying much.
• BOJ opposition party cheif says BOJ should. NOT raise rates for at least half a year
• Xi highlights pressures facing China employment market ina. newly published speech painting a turbulent time for China economy
• US asked lebanon to declare unilateral ceasefire with Israel to help push tals on final deal. Lebanon say that ISrael reject any truce.
• MOODYs says budget in UK creates cahllenges, and is going to be bad for UK growth. Citi raises 2025 Euro area GDP forecast to 1.1% from 1%

I’m hoping there’s some experienced traders here that can help with this question.

After over a year of learning and trading in a sim I have started to trade in a live account (definitely a whole new experience trading with real money) I’ve made some mistakes- to be expected and I take full responsibility for those.  However, I’ve placed a couple of orders which have been immediately cancelled by my broker (CMEG).  I have a leveraged account and yesterday I tried to take a trade with AMIX when it first popped up at 8.05 am.  My order was put in for 100 shares at $19.05 and was immediately cancelled.  I emailed my broker to ask why and I'll put his full response below but it was basically because it was a locked market.  I tried again and eventually got in the trade at $20 which was so much higher than I originally hoped, I couldn't get back out quick enough and ultimately it turned from a potential great win to a huge loss. I had a couple of trades on this stock and orders were cancelled twice so it went from a potential great gain to loosing 1/5th of my account. 

This happened a few days ago also on a stock that was moving fast and I believe it turned that winning trade to a loss also. (I'm trying to be totally real with myself and hold myself accountable but on these occasions I really feel like they should have been great green trades) It's very frustrating as a beginner as I feel like I've really been careful in trying to mitigate loss and when something like this happens it leaves me feeling like I can't take advantage of those stocks that rarely pop up for great wins as these seem to be the ones that get cancelled because of the locked market. 

I guess my question is; is that normal for a broker to do that? I've not responded to them yet but for them to tell me they were 'protecting' me when they've actually done the complete opposite and lost me money, I think is absolutely terrible.

Sorry for the big long message but I just want to know if I'm justified in how I feel.

Below is their message to me explaining why

Hi,

Thank you for your patience while we looked into your issue.

We found that the order was automatically cancelled due to a locked market print while the order was open. A locked market occurs when the bid and ask prices for a stock are temporarily identical. Under normal trading conditions, the bid price is typically lower than the asking price, reflecting a healthy balance of supply and demand.

We have a risk check mechanism in place to maintain clients' order accuracy and protect them from unfavorable fills. Therefore, when such a situation occurs (a locked market), clients' orders are automatically canceled to maintain the accuracy of their trades.

Hope that this answers your question. for those. 

Anyone know reliable/ well known prop forms that offer crypto with good spreads?

Someone prop firms provide a test account where I can check the spreads but some do not.

Hi! I am an ex-prop shop equity trader.

This is a daily watchlist for trading: I might trade all/none of the stocks listed, and even stocks not listed! I only hold some/all MAG 7 stocks and market indices long-term. If you use Old Reddit, click “Show Images” at the top to expand the charts. Any positions stated aren’t recommendations, I’m following subreddit rules to disclose positions. I use IBKR TWS for my platform and charts.

I am targeting potentially good candidates to day trade; I have no opinion on them as investments. This means the potential of the stock moving today is what makes it interesting, not the business, long-term prospects, or the people involved.

PLEASE ask specific questions and PLEASE don’t ask about earnings because I typically don’t take positions before earnings announcements. Questions like “Thoughts on _____?” or “Why isn’t ___ on the watchlist?” or something answered already will be ignored unless you add detail and your opinion. If you post a question and delete it after I answer it, I will block you—doing that hurts discussion. I am not answering questions if I’m still long or short a stock beyond what I update.

News: Boeing Union Endorses Latest Offer to End Crippling Strike

• AMZN - Watching $200 level. EPS of $1.43 vs $1.14, revenue of $158.9B vs $157.2B. Attributed growth primarily due to cloud.

https://preview.redd.it/yk9csy7liayd1.png?width=975&format=png&auto=webp&s=2a184082632faa67919c889bf9269ac0aac63479

• AAPL - Beat top and bottom line, but missed on guidance. Gave cautious outlook on AI features.

https://preview.redd.it/8m81j7iliayd1.png?width=975&format=png&auto=webp&s=1e5c22e91537de84ffa18e1d46f15abf26c1b617

• GSAT - Partners with AAPL on extended satellite services deal. Watching at open.

https://preview.redd.it/fb7qtftliayd1.png?width=975&format=png&auto=webp&s=4709dc33ba5b9c4775526d8dc7e62060ddf8614a

• BA - Plans to make new wage offer to end strike.

https://preview.redd.it/sz944t1miayd1.png?width=975&format=png&auto=webp&s=e3af59c95700e27f3fe53a102ba89552b465fc4c

• ROOT - Made an insane move yesterday from 72 ->120 mainly due to the company reaching surprise profitability. Worth watching again at open.

https://preview.redd.it/kkrtvqcmiayd1.png?width=975&format=png&auto=webp&s=a26ce8b7e3c72dad09aa1df57a1056a6da7a0100

Well, well, well

I called SMCI selloff weeks ago because of what was happening with their filings, but what REALLY mattered was having the ability to see sellers on the dark pools who had ditched the stock weeks in advance.

I'll admit, I had weekly cons on SMCI that expired last week and I got fried, but I also had cons for 11/22 so I was able to catch the move anyway. I'm a little annoyed by the fact that my weeklies got cooked, but everything worked out in the end.

https://preview.redd.it/k4ntj0pmfayd1.png?width=873&format=png&auto=webp&s=250bdde75d71adec5c4a4ed070c66c9be397a484

https://preview.redd.it/djpm2x1nfayd1.png?width=874&format=png&auto=webp&s=8fe7a7f11cef6174aa8a66589f2c5f0245593ee0

It may be a silly question: I am relatively new to trading and am curious why someone would trade futures. I can understand when a farmer wants to buy "live cattle futures" because he doesn't need one and if he buys a cattle stock now than it might loose value and he has to pay for maintance cost. But what about gold? Gold is gold, an apple share is an apple share, it doesn't expire so whats the point of buying futures?

We either hit TP or SL or I close before news! My fate is in your hands market let’s hit that take profit 🥵

Just watched a video about Jeff Yass and his company, Susquehanna, and it mentions that any new recruits are made to play poker for the first 3 months, because he believes that the decision-making theory is similar for trading and gambling.

This makes me curious about everyone striving to make profits on here, if we're good gamblers outside of trading.

Personally, I'm terrible at gambling, which correlates to how much money I lose from trading.

One of the biggest challenges with crypto is its nonstop trading schedule. Since I’m based in Asia, I often miss UK and US trading hours—where most of the action happens—and the Asia sessions tend to be quieter for day trading.

To stay in the game, I decided to automate. I started by trying to code multi-indicator strategies in Pine Script, but I spent a lot of time on half-working ideas and debugging issues. This led me to develop a custom setup that combines TradingView alerts with Python, allowing me to create specific rules like, “If 5 out of 6 indicators are trending up and MACD and Stochastic are below zero, then make an entry.”

One major advantage of building my own strategy versus using paid signals is total customization. I can fine-tune every indicator and adapt to market changes faster than waiting on external signals or tweaking someone else’s template. Plus, by testing my setups, I gain insights into how and why trades perform well under certain conditions, which is invaluable for evolving my strategy.

This self-built approach is still in development, but it’s running well—managing alerts 24/7 and executing trades on Binance automatically. Wondering if anyone else has tried something similar or would find this setup useful?

Hello all, last night ive decided to begin my journey of Forex trading. Ive come here to ask for legit youtubers that have good information. I just dont want to soak in information from scammers because i want my foundation to be strong

Hello guys , hope everyone its ok ,

So i have this questions and i hope i will be more in the clear.

1. ETH ( Extended tradin hours ) counts as overnight session for margin requirements? • I will only trade ETH and sometimes RTH , i will NOT hold any positions after the market is closed.
2. I will go with AMP + QT, but, my strategy relays on Footprint ( CLUSTER on QT ) , if i will open an account with them i will have access to this function and DOM ?
3. I want to start with 600$, trading 1 , max 2 MES, but i dont know yet what are the overnight session. So i will be ok with 600$ in RTH and ETH trading 1 , max 2 MES ?

Thank you , stay disciplined!

I've been trading in the stock market for two and a half months. I lost all profits in the last week that's $17000. I confirm there's no problem in the strategies, but my minds are the only one cause of failures.

Such as no stop loss/profit orders while greeds for more profit and keeping the position and waiting for bouncing back that's surely in a decline trend, I have to admit that's not made the same mistake once but twice and even more which caused loss above $10000.

I knew every point and dicipline of trading but just can't follow them at every moment of trading. I couldn't continue trading before solving the problems.

How to handle this problem? Any advice would be appreciated.

I've been trading in the stock market for two and a half months. I lost all profits in the last week that's $17000. I confirm there's no problem in the strategies, but my minds are the only one cause of failures.

Such as no stop loss/profit orders while greeds for more profit and keeping the position for bouncing that's surely in a decline trend, I have to admit that's not made the same mistake once but twice and even more which caused loss above $10000.

I knew every point and dicipline of trading but just can't follow them at every moment of trading. I couldn't continue trading before solving the problems.

How to handle this problem? Any advice would be appreciated.

Problem:

Hey everyone, had an issue with placing MKT orders to close open positions that had a set up with a LMT + SL on Webull. Called Webull support 4 or 5 times trying to find a solution to this problem and all they would say is to Cancel my LMT + SL order and then place a MKT order right after. Only issue is that this would take too long for me to do and I would miss my TP and I also didn’t want to limit myself by settings a LMT + TP/SL since I was noticing I was losing out on 100-200% gains when I was doing that. After posting and looking around someone informed me about a button called the Flatten Button. This is how u set it up and why it fixes the problem I stated above:

Tutorial:

1. ⁠⁠Click on Account & Security
2. ⁠⁠Click on Hot Keys
3. ⁠⁠Click on Trade
4. ⁠⁠Click on Hotkeys Settings
5. ⁠⁠Scroll to the very bottom
6. ⁠⁠Click on Flatten
7. ⁠⁠Assign Key

Explanation:

The Flatten Button closes all open positions and also cancels any open orders. So if u have a LMT + SL order to ensure risk management but also let your TP run and still want to immediately close ur position at MKT u can instantly with the Flatten Button. The moment u click that button it will cancel ur SL and send a MKT close order for any open position.